Wainani Auction update - 4 days after auction

What did Kennedy Wilson accept?

Well, today’s MLS shows that 5 out of the 6 homes are Under Contract.  The remaining home is now listed at $975,000.  (see below)

 

Auction #2 – 3004 Kiahuna Plantation Drive
3 Bedrooms / 3.5 Baths (1-Level Home)
Nohea-A  Model

Starting Bid:       $550,000

Asking Price:  $1,325,000
Winning Bid:      $845,000
Price Change:  $975,000

Auction #4 – 2889 Kolepa Street
3 Bedrooms / 3.5 Baths / Pool (1-Level Home)
Hau’oli-B Model

Starting Bid:      $595,000

Asking Price: $1,395,000
Winning Bid:     $900,000
Under Contract 

Auction #3 – 2998 Kiahuna Plantation Drive
3 Bedrooms / 3 Baths (1-Level Home)
Hoku-E  Model
Starting Bid:      $550,000
Asking Price: $1,325,000
Winning Bid:     $930,000
Under Contract

Auction #1 – 2995 Kiahuna Plantation Drive
3 Bedrooms / 3.5 Baths / Pool (2-Level Home)
Alakai-C  Model
Starting Bid:       $650,000
Asking Price:  $1,495,000
Winning Bid:      $950,000
Under Contract

Auction #6 – 5385 Kolepa Place
3 Bedrooms / 3 Baths (1-Level Home)
Hoku-E  Model
Starting Bid:     $450,000
Asking Price: $1,075,000
Winning Bid:     $780,000
Under Contract

Auction #5 – 2897 Kolepa Street
3 Bedrooms / 3.5 Baths (2-Level Home)
Hanohano-D  Model
Starting Bid:      $595,000
Asking Price: $1,325,000
Winning Bid:     $900,000
Under Contract

What does that mean, Tim?

It means that Kennedy Wilson negotiated with the Buyers to raise their “winning bid” somewhere closer to KW’s reserve price.  That information is not public, so we won’t find out what it sold for until the property closes in about 2 months.

What do I do now?

Call me if you want to make an offer on the remaining “Nohea” model, or if you need any help in purchasing a home on Kauai. 

Whether it’s an auction or any other property of interest, you’ll want a knowledgeable agent to represent you as you’re deciding to make your dream home purchase.

Aloha, Tim