Captain Cook Luxury Home – SOLD!

My Buyer clients recently closed escrow on this sensational custom built home in Captain Cook! To say they are absolutely delighted with their purchase would be an understatement!

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After spending time on island exploring a variety of offerings from locations near the water on Alii Drive, to the coffee belt in Holualoa, my Buyers decided this was the home for them.

They loved the tranquility, huge ocean views and privacy the location provided. To top it off, the parcel size was a little over 5 acres!

After discussing strategy, we made an offer on the home – negotiated abit with the Sellers, and went into escrow. Buyer and Seller worked wonderfully together through the escrow period and after all was finished, I was able to assist the Buyer in getting settled into their new property.

What a spectacular location to call home!

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Enjoy the weekend!

 

Hawaii Luxury Real Estate: Jumbo Loans and Current Rates

As Buyer’s continue to take advantage of great pricing on some of West Hawaii’s luxury options, a variety of lenders are coming forward with attractive financing options.

I wanted to share a snapshot of current rates with my readers in Hawaii’s luxury market so they can get an idea of how attractive rates are right now!

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In Hawaii, A “jumbo loan” is made on a property where a Buyer is obtaining a mortgage of more than $625,500. To be clear, this isn’t a purchase price of over $625,500, this is a loan amount of over $625,500.

As confirmed with an on island lender I work with earlier this morning, purchased as a second home, 20% down and loan amount up to $1,000,000 rates below are applicable. Higher loan amounts are available, at slightly higher rates/amount required down.

4.25% – No Points – APR 4.098%

4.125% – 0.50 Point – APR 4.182%

4.00% – 1.00 Point – APR 4.265%

As you can see, these rates are fantastic! They mirror and almost beat current conforming loan amounts.

An important point to remember while shopping for your mortgage – is how you get your loan.

If you walk into the “Bank of Kona” – they may agree to give you a loan, on their terms and pricing. They may be offering specials, or rebates to sweeten the deal. They are however, selling you their product.  A mortgage broker works for you, the client, to get the best rate available, out of a wide variety of potential lenders. There is certainly the possibility that you may find a better rate and terms offered via this route.

I work with a variety of on island lenders who are available to discuss options and lending scenarios that best fit each purchaser’s need.

When you are ready for your Hawaii purchase – make sure your interests are represented by a proven REALTOR®, who has experience in the luxury market!

 

Kailua Kona Real Estate: Ocean View Property – New On Market!

I just released this BOOMING ocean view property located in the highly desired Iolani Subdivision in Kailua Kona yesterday morning!

Set on a 22,564 sq ft lot positioned perfectly to maximize privacy and view, this home embraces Hawaii’s indoor/outdoor living concept.  You’ll LOVE the swimming pool that looks out onto endless ocean view!

This is a bank owned foreclosure that is ready for your updating and remodeling – property is being sold As-Is!

76-995 S Pakalakala, Offered at $785,000 

271856.Clarkhawaii.com

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78-609 Ihilani Place – Property Video Tour!

This great lot in the Keauhou Mauka subdivision has great ocean views, extensive rock wall work, and is ready for your Hawaii home!

With minimal CC&R requirements you can build the home you’ve always dreamed about, without having to worry about what an association will or will not approve!

Amazing, mature landscaping abounds on this property, enjoy the video tour!

78-609 Ihilani Place, MLS 265812, Offered at $319,000

 

To view my additional land listings please: Click here 

For more information contact me directly!

NEW Kailua Kona Listing: 77-133 Queen Kalama Avenue!

I just listed this wonderful property located on Queen Kalama Avenue, right off of Alii Drive!

Owners love this location as it presents multiple opportunities for enjoying Kailua Kona’s year round favorable weather!  Owners can get their morning exercise running/walking on Alii Drive, and with easy ocean access via Magic Sands Beach or Kahaluu Beach parks,   ocean activities are just minutes away!

This 2bed/2bath, very comfortable, single level offering has it all!

* Multiple upgrades in kitchen, bathrooms & master! To numerous to name, pictures reflect the quality that has gone into this home!

* Very private location & setting, extensive rock wall & hedges on property give the owners maximum privacy!

* Wonderful pool/spa/outside sitting area for you to enjoy your Kona lifestyle.

* Bring your pets! Fenced yard(s), that are perfect for the four legged members of your family!

* Multiple areas for your plantings, or vegetable gardens.

* Located between Kahaluu & Magic Sands beach park, the beach is minutes away in either direction!

For an appointment to view this home, or for more information, contact me directly at 808.557.8921. I’ll be happy to answer any questions you may have!

77-133 Queen Kalama Avenue, MLS 260339, Offered at $419,000

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Alii Heights Market Update: January 2013

Located on the mauka (mountain) side of Alii Drive, between Magic Sands Beach Park and the world-famous Kahaluu Snorkle Beach residents and visitors alike love the ideal location Alii Heights offers to residents.

Alii Heights offers newer construction (2003-current) with a variety of floor plans, single level homes options and stunning ocean views. All situated at an ideal elevation that is minutes to beaches, quality restaurants, entertainment and downtown Kailua Kona.

There are currently seven homes available for sale, with pricing from $595,000-$719,000. Prices vary with floor plan, upgrades, location in the subdivision and of course, the ever popular, ocean view!

2012 saw 21 residential homes SELL in Alii Heights! A huge indication of strong buyer interest in these offerings.  Price points on these SOLD homes ranged from $484,000 to $1,075,000.

To see more information on the above market activity click here.

Alii Heights recently welcomed a fantastic ocean view property to its current market inventory! 

I recently listed this homes at 77-258 Hookaana Street, and there has been a tremendous amount of interest!

This 3bedroom/2bath single level home has great ocean views, upgraded flooring, stainless steel appliances & granite counter tops. There is extensive rock wall work surrounding the property,  an abundance of mature landscaping, 3 car garage with ample storage space and an outstanding covered lanai/entertaining area!

Come enjoy the island life style in this fantastic Alii Heights offering!

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This house is an absolute jewel! Please let me know if I can arrange a private viewing for you!

Kailua Kona Real Estate: Winter, Our Busy Season Has Arrived!

The Kailua Kona real estate winter season has officially arrived! Our lovely town is full of visitors from all over the world out enjoying the sun and sea.

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Historically, December through February are our busiest real estate months, and this year has already been rocking and rolling!

New Year’s Eve I received an email from a Buyer interested in a Holualoa property. After coming into my office and discussing their wants and needs, the luxury condo route seemed like a better fit. We spent some time in the Mauna Lani area, and found them the perfect unit in the Golf Villas at Mauna Lani! We are currently in escrow, with an early March close date.

This past Friday morning, a buyer called in to view my listing on Mahilani Drive. I showed the home, and they expressed interest. The couple also had interest in the homes offered in Pualani Estates. So off we went to view that development  They fell in love instantly, and wanted to make an offer straight away. Wanting to make sure these buyers were well informed and had all the information they needed to make a strong offer, I suggested we take a lunch break, then adjourn to my office for a look at the comparables and current market pricing. We did all of this, and within a few hours submitted an offer to the developer. We came to terms the next day!

Last, but certainly not least….my Mahilani Drive listing, which has had tremendous interest since the day we hit the market,  we put into escrow yesterday! My Sellers are over the moon, and the soon to be owners are getting a wonderful home with fantastic views & potential!

If you are interested in seeing what our market is currently offering, I’ve recently implemented a  property search to my blog! You are now able to access any property for sale on the Big Island! You can search by district, size, price, etc, etc.

Remember, well priced properties aren’t staying on the market for long. Many times, we are seeing multiple buyers submitting offers on the same property. The market in Kona has changed dramatically, if you like a property, make your move now! If the property is priced right, it won’t be available for long.

Enjoy your property searching, and please contact me with any questions you may have!

Big Island Property Search

Kailua-Kona Real Estate: SOLD! Video Tour of Pualani Estates Short Sale

This is the very popular 4bed/3bath, 2 story, Melia model home in Pualani Estates!

This home was originally purchased by the Sellers with option #8 from the developer, which added an additional 375 sqft of wrap around lanai! Additionally, this home has central air conditioning, mature/irrigated landscaping, ocean views, and is in fantastic shape. A short sale property, this property was priced very competitively!

As the listing agent, I shot high quality photographs, and syndicated this listing to a variety of real estate and social media sites  across the world! Within days of hitting the market we had multiple offers come in and the eventual buyer got a fantastic price.

Many of the inclusions in this resale, the developer now, in their new offerings, do not include. You pay extra for air conditioning, landscaping, irrigation, etc.

Pualani Estates is minutes from down town Kona, in a fantastic location! I have sold multiple home in Pualani Estates, and have another on the way into escrow. If you have any questions about Pualani Estates, current developer offerings, or just want to chat about Kailua Kona real estate, feel free to contact me!

Pualani Estates, 75-6133 Haku Mele Street, SOLD 12/5/12 for $352,000, MLS 255608

Great New Kona Listing: 73-1098 Mahilani Drive

***Blog post update***

Price has been reduced 12/17/12 to 349,900!

I just listed this incredibly cute 3bed/2bathroom home in the family friendly, Kona Highlands subdivision!

This home has new paint, ocean views, and a fantastic downstairs area perfect for in laws or extended family.

There is a wonderful screened in dining/breakfast nook area where you can enjoy your Kona Coffee, or enjoy the sunset after a hard day of work! The home offers a back yard area that awaits your landscaping prowess and a private lanai off of the master bedroom!

Seller had the exterior of the home was freshly painted in 2011, along with installing a new GE Hybrid Water heater that has dramatically cut down on electric bills. Seller has noted a 40% reduction from last years bills!

Downstairs living area has been recently tiled with gorgeous 18″ tiles. Downstairs also has  a separate entrance, bedroom, walk in shower and a large office/storage area!

NOT a short sale or foreclosure property, you have to see this house!

Get in touch with me ASAP to schedule an appointment!

73-1098 Mahilani Drive, MLS 259388, Offered at $349,900

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Kona Real Estate Video Blog: Client Testimonial!

Nothing says “job well done” like a client endorsing the professional services I  provide.

West Coast buyer Haze Moss, recently went on camera to speak about his positive experience in buying his family’s “dream home” in the Holualoa area of Kailua-Kona Hawaii.

Haze shares details on the buying process, comfort level throughout the transaction, the impact of being out of state purchasers and his positive experience in working with me.

Mahalo Haze Moss, it was an absolute pleasure working with you! 

I strive to provide excellent service to my clients! For Kona real estate assistance, questions or advice contact me anytime!