Kauai real estate stats 2005 - 2014

Hawaii Life Real Estate Brokerage opens Poipu office

Come visit me at the new Hawaii Life Real Estate Brokerage office in Poipu.  Located at the  Kukuiula Shopping Village aka Shops at Kukui'ula.  My office hours are:

• MONDAYS, 1-5pm
• WEDNESDAYS, 9am-1pm
• or call me to meet you there, cell: 808-639-2263

Our office is located on the ground floor, mauka side...across from Living Foods.

Just Listed! Kalaheo, Kauai Estate

• Open style gourmet kitchen
• Covered lanai with jacuzzi
• Salt water Gunite pool & pool house
• 5 bedrooms/5.5 baths
• State-of-the-art audio/electronic system  enclosed
• Masterfully designed built-ins
• Energy saving features include photovoltaic system
• Carport and enclosed garage for 4 vehicles
• Over-sized workshop for all your toys and equipment
• 3.248 acres of agricultural land area

Own this tastefully designed home to truly enjoy Kauai's lifestyle. Appreciate the careful attention to detail and spaciousness immediately as you enter.  Once inside, the impeccably maintained  home is sure to impress. Your family chef will love you.   The living area easily transitions to the outdoors where the expansive ocean view takes your breath away. And if that’s not enough, hold your breath as you take in the sweeping mountain views.  Relax in your pool or jacuzzi while enjoying the stunning island scenery.  This semi-private property is one of two residential estates well situated atop a hill.    Minutes to town and world renowned Poipu Beach.   And just steps away from the historical Kukuiolono golf course. 

OPEN HOUSE - today- Friday, Nov 29 - 4591 Iwi Rd. ,Kalaheo

Come check out this 3bdrm/2bath home in beautiful Kalaheo.  House is situated on 1.16 acres.  Existing corral makes it PERFECT for the horse lover.  Thinking ahead for the family.... property is zoned for an additional home.    Located within walking distance to Kalaheo town.   OPEN HOUSE - Today, Nov 29, Friday  -  4591 Iwi Rd,  Kalaheo.

What did you do in Poipu today?

Diving at Koloa Landing.   Scooter Fun!!!

Things to do on Kauai

Koloa Landing Resort, Putting Contest 3/28/12

 
On the far left, Roy took home 1st prize ($25 gift certificate for the Market Place).  David and his son, Jason split second (Arnold Palmer ice tea).  In the final "Closest to the Pin" special, David edged out the competition and claimed the "Hele on to Kauai" Island Favorites CD recorded by Tim Mira.  We didn't have a prize for Staci's "Highest Score"  :) ,  but we're working on it! 

It was another perfect sunny afternoon in Poipu for fun and fellowship.  I can't wait to see who's coming out next week!  And remember, tie or beat my 3 under score and you'll be playing with me as my guest at Kiahuna Golf Course!      Aloha, Tim

Poipu New Year 2011 Celebration

Kalapaki Joe's  and the Poipu Beach Resort Association are hosting the NEW YEAR'S EVE MUSIC FEST and  FIREWORKS CELEBRATION Saturday, December 31st  at Poipu Beach Park.

Poipu New Year's Eve 2011 schedule:

5:00 pm    Food booths and activity tents open
5:00 pm    Alyson's Anthem (band)
6:00 pm    Papa'a Bay Boys (Hawaiian contemporary band)
7:00 pm     Sashamon  (reggae band)
8:15 pm     Revival  (reggae band)
9:15 pm     Poipu Beach Park Fireworks Show

This family fun filled event is supported by numerous sponsors from the Southside community including The Parrish Collection Kauai, Grand Hyatt Kauai Resort  and Spa, Kuku`iula Development Hawaii, Outrigger Kiahuna Plantation ABO, Sheraton Kauai, Lawai Beach Resort, Marriott's Waiohai Beach Club, Poipu Kai AOAO, Suite Paradise, The Pointe at Poipu, Brennecke's Beach Broiler, Captain Andy's Sailing, HoloHolo Charters, Kauai Heritage Properties, Kauai Vacation Rentals, Poipu Oceanview Resorts, Lappert's Hawaii, Nihi Kai AOAO, Koa Kea Hotel and Resort, Unlimited Construction, Seasport Divers, Makai Properties, First Hawaiian Bank, Techspokes, The Blagg 'Ohana, Ready Rentals and the County of Kauai.

Koloa Landing Resort is giving away 4 FREE nights

Here's something you may want to share with your family and friends.   Luxury Poipu condos at it's finest!  This BRAND NEW  Poipu  condo resort, Koloa Landing Resort is giving away a FREE 4 night stay.  Sign up on their Koloa Landing Resort Facebook page.   What a great way to spend a Kauai vacation!

My NEW website, www.kauai-mls.com

www.kauai-mls.com

Try out my new website and tell me what you think!  Use it to search for Kauai homes for sale, Kauai condos for sale and Kauai land for sale. You can also find out what's currently "contingent" = in contract or in escrow .  Click on  "Tim's picks" to find out what I think is a "good deal", then email me to find out "why".
 

Please feel free to send me your input, comments, suggestions about the site.  I am still able to make some adjustments, as we are winding down construction.  If you are one of my current clients,  I encourage you to email me from or sign up to open an account to save your favorite listings.  If you are not one of my clients, I also encourage you to set up an account to test it out.

I will mail everyone who opens an account,  a copy of my "Hele On To Kauai" CD.  Interestingly enough,    some people are reselling it on amazon:  http://www.amazon.com/Hele-Kauai-Tim-Mira/dp/B001S34WMK 

Kauai-mls website COMING SOON!

Stay tuned for the upcoming launch of the new website for Tim Mira, REALTOR (S).
   FULL TIME Kauai realtor, Born and raised on Kaua'i,
Knowledgeable not only about Kaua'i real estate,
but about it's people, it's lifestyle, it's limited resources.
Committed to YOU, the client!

Check in with me SOON  at:

  www.kauai-mls.com

Tim Mira, REALTOR  (S)

Tim@OceanfrontRealty.com

808.639.2263

Kaua‘i Island, Hawai‘i

Kauai Real Estate market's past, present and future

Today's local community newspaper, "The Garden Island", published an informative article about the Kauai real estate market, past...present....and future.

"Residential real estate market slow to rebound"

• Sales volume rose .98 percent from 2009 to 2010
• Sales occurring at the low and high end of the market
• five (5) month moratorium on non judicial home foreclosures pending in Hawaii legislature
• based on current inventory, it's a buyer's market
• New Kauai Board of Realtors president's insight in a Q and A format

I agree that the market is in a s-l-o-w rebound, but we are rebounding. People are out there with money, looking for "deals". They don't trust the stock market and are willing to divert their investments to real estate, especially Hawaii real estate. And even if your property loses economic value, (which I doubt) it is still a beautiful and enjoyable place to live.  

However, the deals go quickly. With the advent of the internet, consumers are savvy in finding information. If you are interested in obtaining a "deal", as soon as you see a property that interests you, you'll have to pick up that phone, call your realtor and be ready to submit an offer.  That means you need to be prequalified, if you need to borrow money. You should also be firmly decided on what your parameters are: where you want to live, the features of the home you MUST have (3 bedroom, 2 bath, oceanview, school vicinity,  etc), how much you want to spend, etc.   Otherwise, while you are discussing the nuances of  purchasing this "deal",  the other person has already submitted an offer right under your nose.   Trust me, I've seen it happen once too often.

Better yet, find a realtor beforehand and provide him with all your requirements. When a "deal"  pops up, you'll be among the first to know...and you'll have an offer in contract ready to submit to the seller's agent as soon as the ink from your signature dries!

Is the Kauai real estate market headed back up like the Oahu market?

The Honolulu newpaper, the StarAdvertiser, reported today that the Oahu real estate market has risen 3.1% after a "two-year downturn in one of the nation's hottest markets". (Click on title to read article)

Eleele House - SOLD

4616 Melemele Rd, Eleele
$412,000

SOLD  for $382,000

3 bedroom, 1.5 bath house, huge family room, 10,000 square foot lot, possible ADU, close to Eleele shopping center and Eleele elementary school.

How is the Kauai real estate market?

share

Kauai Board of Realtors report on the Kauai real estate market in an article for the local Kauai newspaper, Kauai World. (Click on link above.)

Helping out the "ohana"

Dalton Brun was selected to the Baseball Factory National team, and will be heading over to Omaha, Nebraska to join many other outstanding, young, baseball players.

Makai Properties joins in to support this young man. I was also honored to give him and his family keys to their new home! Turning a house into a home! And taking care of our "ohana"! Now that makes a GREAT day!

Waimea Christmas Parade - December 19, Saturday

16th Annual Waimea Christmas Parade

Everyone loves a parade! I especially enjoy the Waimea Christmas Parade held in Waimea, on the west side of Kaua'i. And yes, I know this is a "Poipu" blog, but don't forget that I hail from good 'ole "Waimea High School".

Hometown kinda celebrating!! Where everyone knows each other and the community (Waimea) kicks it up an extra notch to celebrate the Christmas season. Beach chairs line the sidewalk or grass or just plain 'ole "red dirt" along Kaumuali'i Hwy in anticipation for the parade. I think the parade is just an excuse to have a big party right along side the main highway (actually it's only a double lane road). Friends yell across the road, urging each other to "Come on over! ". And then there's the parade.... lighted and decorated vehicles of all sorts make their way through Waimea town with cheering and loud music filling the air with the Christmas spirit.
Makai Properties, LLC has an office in Waimea town, along the parade route.

I will at the Waimea Makai office during the parade!! Come by and visit me for complimentary coffee and cookies!! MERRY CHRISTMAS!!

Kauai property sold for $28 Million

The main house on the 174-acre parcel formerly owned by Hollywood’s Peter Guber has six bedrooms, eight bathrooms, and unobstructed views of Papa‘a Bay on the North Shore. The parcel sold earlier this month for $28 million to a limited-liability corporation. The new owners have not been publicly identified. Papa‘a Bay Ranch LLC/Contributed photo

By Paul Curtis - The Garden Island

Published: Sunday, November 29, 2009 3:10 AM HST

LIHU‘E — The “Tara” sign is gone. A 174-acre parcel fronting Papa‘a Bay on the North Shore, formerly owned by Mandalay Properties Hawai‘i LLC (whose principal is Hollywood movie executive Peter Guber), sold earlier this month for $28 million, according to a real estate agent representing the new owner.

The new owner is also a limited-liability corporation, not a developer, from the United States, said Hannah Sirois of Kaua‘i Heritage Properties LLC. The principals of the new owner’s company have not yet been publicly identified, but they are a man and a woman, Sirois said Friday.

The combined parcels, with frontage from Kuhio Highway between Anahola and Kilauea down to the high-water mark at Papa‘a Bay, contain a 13,154-square foot, six-bedroom, eight-bathroom mansion near the water’s edge, two guest houses, a caretaker’s quarters, stables, swimming pool, tennis court and other amenities.

The “Tara” sign along Kuhio Highway had been a familiar landmark of the property, dubbed “Tara Plantation” (his wife’s first name) by Guber. The sign has been taken down, Sirois said.

It made history as being the most expensive for-sale parcel on Kaua‘i when it was first listed for $46.5 million four years ago. The asking price at the time of the sale was $39.5 million, Sirois said.

Guber bought the property in 1998 for around $7.5 million.

The property made headlines as the center of a beach-access lawsuit between Guber and Kaua‘i County, with the two sides disputing whether an access road on Guber’s property leading to the beach was public or private. Courts ruled it private in the suit first brought when the late Mayor Bryan Baptiste was in office.

For Sirois and the new owners, the sale culminated a multi-year search for the perfect Hawai‘i getaway, involving properties on O‘ahu, Maui, the Big Island and Kaua‘i, said Sirois.

“The buyer was on a statewide search for the premier real estate in Hawai‘i, affirming that the property had to be at a world-class level, and found that no other property, despite abundant listings on the market, compared to Papa‘a Bay Ranch,” she said.

The buyer thought a downward-spiraling economy might make for a good time to secure what Sirois called “priceless real estate,” and purchased the property “for the serenity of the site.”

The new owners intend to keep the existing local caretakers and expand the property’s sustainability through alternative-energy installations, and movements into organic farming, said Sirois.

“They are soulful, caring people,” she said of the new owners.

“(The) buyer is not a developer and intends to maintain the pristine nature of the site. The desire is to improve the ranch sustainability by increasing farming, alternate-energy sources, and relying more on native plants,” she said.

“Guber did a masterful job maintaining” and improving the property, and added substantial “assets” including the main house, guest homes, stables, tennis court and other “extraordinary improvements,” she said.

To date this year, no property has been sold in Hawai‘i for this kind of money, she said.

“It’s the strongest sale in the state right now, and rightfully so,” said Sirois, unwilling to reveal how much she made on the sale.

“Ironically, I represented the seller of Papa‘a Bay Ranch at the time that Mr. Guber purchased the property in early 1998. After Mr. Guber’s purchase, and over a three-year period, he significantly improved the property by adding four homes, a tennis court, workshop and pool,” Sirois said.

Guber is chairman and chief executive officer of Mandalay Entertainment Group. Malia Powers, Barbara Sloan and John Ferry of Coldwell Banker Bali Hai Realty represented the seller.

The architect of the main home and two guest homes is Alwyn Trigg Smith of Honolulu, and the interior designer is Waldo Fernandez of Beverly Hills, said Sirois.

With the sale of the Papa‘a Bay parcels, the largest asking price of a for-sale residential parcel on Kaua‘i is $23.5 million for two adjacent parcels being marketed together on Weke Road on Hanalei Bay. People have been making offers on these parcels, said a real-estate professional familiar with the properties.

Wainani at Poipu

Wainani Update

For the rest of you who didn’t get a personal phone call or email from me, Wainani’s Sales Team has closed their doors! Several calls to the Sales Center have gone unanswered, only a “Temporarily Closed” note hangs on their sales office door!

My prior posted Wainani update talked about the "Summer Stimulus" prices. Apparently these prices were too good to be true. The prices were so low, they pulled the plug on themselves! What’s to become of this, you ask?

Be patient my friends. I still believe that Wainani has great property value in Poipu. It’s not IF, but WHEN these home sites come back on the market. And when they do, you’ll want to know about it.

If you recall, after I worked for Kukui'ula for a year, I was asked to join the Maryl Realty team at Wainani. I spent six months as the Lead Kauai Salesperson for Wainani before the economy started heading south. Now I'm back at Makai Properties, and thankful for the "lessons" and "valuable information" obtained during my short but intense time with Kukui'ula and Wainani.

Wainani will be back...and hopefully packaged right for this market!! Stay tuned......

Kauai Real Estate Market - July 2009

Kauai Real Estate Activity – How is the real estate market on Kauai faring?

By Kauai Board of Realtors - Special to The Garden Island

(See Scribd document below and click on the rectangle icon on the far right to "Toggle Full Screen" )
Kauai Real Estate Market - July 2009