27. April 2018 · Comments Off on Hawaii Affiliates of Sotheby’s International Realty Hit $1.372 Billion in Sales · Categories: Hawaii Real Estate

HAWAII – Sotheby’s International Realty Hawaii Affiliates facilitated $1.372 billion in sales across the state in 2017, establishing the network as one of the highest producers in Hawaii.

More than 1,500 transactions across the Hawaiian Islands were managed by the five Hawaii Affiliates: MacArthur Sotheby’s International Realty on Hawaii’s Big Island, Island Sotheby’s International Realty on Maui, List Sotheby’s International Realty and Carvill Sotheby’s International Realty on Oahu and Oceanfront Sotheby’s International Realty on Kauai.Print

“The Hawaii real estate market continues to be one of the strongest long-term equity markets in the country,” noted Alex Cortez, Vice President and REALTOR® (B) at Island Sotheby’s International Realty on Maui.

Supply and demand dynamics have resulted in soaring property values in various micro-markets across the state. On Maui, Island Sotheby’s International Realty started off 2017 with one of the largest sales on island — a luxury four-bedroom, seven-bath home in Makena that sold for $15.5 million.“This lead the way for the company’s banner year contributing $361 million, a 34 percent increase in business from 2016,to the overall Hawaii Affiliates production,” said Georgie D. Tamayose, President of Island Sotheby’s International Realty.

On Hawaii Island, MacArthur Sotheby’s International Realty saw significant increases overall, resulting in a 25 percent rise in local and global business for 2017. Dodie MacArthur, company owner and founder, said, “Once again MacArthur Sotheby’s International Realty sales far exceeded the overall Big Island gain of 15 percent for 2017.” MacArthur Sotheby’s International Realty’s significant sale on Hawaii Island was a $10 million  sale to an international buyer within the world-renowned Four Seasons Resort Hualalai community.

“While the Kauai market as a whole had a respectable growth of four percent year-over-year for 2017, Oceanfront Sotheby’s International Realty’s sales grew by 35 percent year-over-year. And 2018 is tracking just the same for our company,” said Greg Bloss, Broker-in-Charge, Oceanfront Sotheby’s International Realty.

On Oahu, List Sotheby’s International Realty continued its Southeast Asia expansion, opening offices in Hong Kong and Singapore in 2017. The company remains the most productive pipeline of Japanese buyers, thanks largely to List Sotheby’s International Realty Hawaii sales team and ten offices across Japan, Oahu’s number one international feeder market.

According to Ivette Gutarra, Vice President of Marketing for List Sotheby’s International Realty, clients, both local and international, have “fallen in love” with the new luxury condominiums in Ala Moana and Kakaako. “Since 2014, we’ve represented buyers who have purchased over $300 million in projects such as One Ala Moana, Waiea, Anaha and Park Lane. Ward Village recognized List Sotheby’s as the Top General Brokerage Firm by Number of Homes Sold and the Top General Brokerage Firm by Revenue,” she said.

Sotheby’s International Realty Affiliates LLC reported that their affiliated brokers and sales professionals globally have achieved approximately $108 billion in global sales volume for 2017, the highest annual sales volume performance in the history of the brand.

 

As seen in the April 8th Honolulu Star Advertiser. Article written by Connie Wright.

27. April 2018 · Comments Off on Thank you for a truly exceptional year · Categories: Hawaii Real Estate

Sotheby’s International Realty® sold a record $108 billion worth of real estate in 2017 — a 14 percent jump from the year prior, the company said.

In the U.S., sales rose from $85 billion in 2016 to $96 billion last year. International sales increased from $10 billion to $12 billion.

“The U.S. business grew faster than the overall market partly due to pent-up demand in the luxury space and some very strong operating franchisees,” said CEO Phillip White.

Realogy — the parent company of the Corcoran Group and Citi Habitats — bought the right to license Sotheby’s name from the auction house in 2004. Sotheby’s sales volume has skyrocketed since 2005, when it closed $4 billion in sales.

Current, there are 22,000 affiliated independent sales associates located in approximately 950 offices in 69 countries and territories worldwide.

 
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27. April 2018 · Comments Off on Oahu Real Estate Update – March 2018 · Categories: Hawaii Real Estate, Market Report, Oahu Monthly Market Report

We’re pleased to share the Oahu Real Estate Update for March 2018.

Condominium sales are close to 2017 numbers with closed sales down only 2.0% and condo prices up 8.8% above 2017.

For single family homes, sales held close with 2017 activity with prices up 1.1% to a median sales price YTD of $760,000.

Every home, neighborhood and building represents its own micro-market with unique conditions and trends. If you have specific questions about your home or future home, we’re here to help.

FULL REPORT

CHARTS APRIL

26. April 2018 · Comments Off on 145 Kailuana Lp, Kailua, Oahu, Hawaii · Categories: New Listing

Unparalleled in grandeur on Oahu’s emerald Windward side, Kai Moena, “House of the Resting Sea,” is a stunning oceanfront estate that reflects the skillful merging of modern architecture and luxury design. Inspired by Hawaii’s culture and climate, this expansive property totals almost 60,000 sq. ft. of land with over 250 linear feet of pristine white sand was once owned by the storied Rothschild family. Designed by noted Hawaii architect James McPeak, Kai Moena includes 14,834 sq. ft. of indoor space: two main residences and staff quarters, with ten bedrooms, eight full baths, and three half-baths. Rich tropical hardwood accents and textured finishes to the vaulted ceilings give a warm opulence. Living spaces flow seamlessly between indoors and outdoors for cool breezes and maximum ease – the epitome of sophisticated island living. Says McPeak, “The home has an openness and transparency about it. You can see through to the pool and then to the ocean. You’re constantly bringing the outdoors in.” Coral, lava rock, and other materials harvested locally were utilized to harmonize with the natural setting, deepening the sense of place. In the great room, clerestory windows bring in light, and custom glass sliding doors offer breathtaking views of the sunrise. The soaring vaulted ceiling create an impressive space for entertaining, with a unique orchestra balcony mezzanine. Curving interior soffits mimic the gently undulating waves that lap the shores. The two fully appointed kitchens feature premium Subzero, Dacor, and Bosch appliances, and the media room is equipped with a Sony projection and theater system. Stepping outside, you’ll enjoy the expansive back lawn with its private access to the calm aquamarine waters of world-famous Kailua beach. Impeccably maintained since their construction in 2001, the homes are engineered with clever features for seaside living such as automatic window washer jets. They also boast updated Lutron lighting controls and security systems for comfort and peace of mind. The grounds are lushly landscaped with gorgeous canopy trees, elegantly swaying palms, vibrant tropical plants, and privacy hedges. Other luxury amenities include a tennis court, heated lagoon pool with cascading waterfalls, dry sauna, fitness room with pool shower, fire pit, and two enclosed garages for five cars (with room for up to 10+ additional on the driveway). This is a rare opportunity to own one of the largest private beachfront estates on Oahu, just 20 minutes from downtown.

145 Kailuana Lp Kailua Hawaii 96734
Neighborhood: Beachside
10 bedrooms, 8 baths

To learn more about this property, contact:

Brandon E Kim
HI License RB-14004
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
24. April 2018 · Comments Off on 92-2018 Kulihi St, Kapolei, Oahu, Hawaii · Categories: New Listing

Fabulous island-style corner lot home with sweeping views of Diamond Head, ocean, and city. This spacious four bedroom, two and one-half bath home offers charming and modern upgrades throughout the house. Stainless steel appliances, laminate and vinyl plank flooring, and designer touch interior paint. Enjoy Hawaiian outdoor living in the extended large, open lanai off the master suite, the huge covered lanai with a built-in surround sound system off the living room downstairs, and a well maintained tropical garden enclosed with beautiful rock walls and fences. Wonderful home for relaxing and entertaining your friends and family. Conveniently located, only minutes from a beautiful community park, schools, shops, and restaurants.

92-2018 Kulihi St Kapolei Hawaii 96707
4 bedrooms, 2 baths

To learn more about this property, contact:

Seiko Ono
HI License RB-21440
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
24. April 2018 · Comments Off on 338 Awini Way, Honolulu, Oahu, Hawaii · Categories: New Listing

Marina front single-story home in desired Hawaii Kai. Entertain family and friends in this well designed home with large dining area, kitchen, and living room. Relax in the tranquil and serene island-style manicured and fenced outdoor spaces. Easy access to the marina for stand-up paddling or a boat that is just outside the enormous backyard. There is even a gazebo for intimate dining or shade from sunny days. Two-car garage is attached and includes a storage room or you can use it as a home office.Hawaii Kai is consistently one of Honolulu’s most preferred addresses. It is home to designer estates, marina and executive residences, and luxury high-rise condominiums and townhouses. Located on the island of Oahu, Hawaii Kai is the largest of several communities at the eastern end of the island. The area was largely developed in the 1950s by Henry J. Kaiser whose dream of creating a community where quality of life was reflected in every home and open space became a reality. Upscale and vibrant, Hawaii Kai includes the notable neighborhoods of Mariners Ridge, Kalama Valley, Queens Gate, Hahaione Valley, and the renowned Portlock. Hawaii Kai’s residents enjoy a peaceful, quiet, yet energetic place, with wide waterways and gently curving roads that lead to awe-inspiring vistas. Homes are built around a series of lagoons and canals lined with rock walls, and the community also extends back into the several valleys and up their majestic ridges. With its location on serene Maunalua Bay, activities such as jet and water-skiing, boating, parasailing, kayaking and fishing are plentiful. Some of Hawaii’s most famous water spots are nearby: Hanauma Bay Nature Preserve, Halona Blowhole Lookout, Makapuu and Sandy Beach. There are also two golf courses. The valleys above Hawaii Kai invite hiking or a leisurely trek to the Koko Head Botanical Garden. Koko Head Crater offers magnificent views of surf breaks and the coastline from its 646-foot summit as well as glimpses of the neighboring islands of Molokai and Lanai. The Koko Marina Center, Hawaii Kai Shopping Center and Hawaii Kai Towne Center provide the Hawaii Kai community with unique eateries, entertainment, waterfront dining, quaint boutiques, gift shops, national chain stores, financial institutions, and convenience stores.

338 Awini Way Honolulu Hawaii 96825
Neighborhood: West Marina
3 bedrooms, 2 baths

To learn more about this property, contact:

Karla F. Casey
HI License RB-17901
List Sotheby’s International Realty

677 Ala Moana Blvd, Suite 111
Honolulu Hawaii United States 96813
11. April 2018 · Comments Off on 3928 Kaualio Pl, Honolulu, Oahu, Hawaii · Categories: New Listing

Artistic and handsome contemporary design disguises boundaries of interior and exterior living. Lovely visuals, one space opening to another in tranquil island style. Extremely private with manicured lush landscaping, waterfalls, heated salt water tiled pool. Exquisitely appointed, chef’s kitchen, sound, and lighting system. Quiet cul-de-sac. Ocean and Koko Head view from rooftop deck.Diamond Head is Oahu’s and perhaps Hawaii’s most famous landmark. Its neighborhood provides a bounty of nature’s amenities: the vast Pacific Ocean, spectacular views, stately trees, a gorgeous state park and of course, the majesty that is Diamond Head itself. Located at the east end of Waikiki, the Diamond Head area has a unique calmness and serenity enjoyed by all who visit or call it home. It is one of Hawaii’s most desirable suburbs, and the ultimate in Honolulu addresses. Diamond Head is an upscale community with residences ranging from quaint- yet- elegant cottages, small condos, executive homes, picturesque estates and luxury oceanfront properties. At the base of Diamond Head is Honolulu’s “Gold Coast,” at the end of Kalakaua Avenue, across from Queen Kapiolani Regional Park. Elegant homes with Asian or Mediterranean architectural styles as well as charming bungalows and contemporary residences contribute to the uniqueness and allure of this cozy neighborhood. The Gold Coast is host to a few hotels, restaurants and private clubs and some of the best ocean- front condos on Oahu. The calm waters at their doorsteps offer exceptional swimming, diving, and several surf breaks.Queen Kapiolani Regional Park is perfect for walking, jogging, and a variety of activities such as yoga or Tai Chi or tennis and embraces both the Diamond Head and Gold Coast neighborhoods. It is the finish line for the world renowned Honolulu Marathon, site of several ethnic festivals and the place where a variety of parades conclude their pageantry. In addition to the wealth of activities that the park offers, Diamond Head and Gold Coast residents and their families enjoy the Waikiki Zoo, the Waikiki Aquarium, the Diamond Head Theater, and the Diamond Head State Monument with its stunning views of the coastline, historic hiking trail, and military history. In addition to the Gold Coast, the Diamond Head neighborhood includes Kahala, Black Point, St. Louis, Waialae, Waialae Iki, Kaimuki, Kapahulu, Maunalani Heights, Niu Valley, Hawaii Loa Ridge, Wailupe Beach, Aina Haina, Kuliouou, and Paiko Lagoon.

3928 Kaualio Pl Honolulu Hawaii 96816
Neighborhood: Diamond Head
4 bedrooms, 3 baths

To learn more about this property, contact:

Myra Brandt
HI License RB-16282
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
11. April 2018 · Comments Off on 5496 Poola St, Honolulu, Oahu, Hawaii · Categories: New Listing

The Pacific coastline, stunning blue ocean, and sunrise over the ridge come alive from this tranquil home in the exclusive guarded community of Kahala Kua. The first of four unique architecturally designed CPR residences on a quiet cul-de-sac. The expansive spatial quality is enhanced by generous lanais and walls of panel windows that provides soft natural lighting and lovely views from most rooms. Low maintenance yard and the robust stucco exterior was freshly painted. The interior is accented by soaring glass block windows in stair landings and special features including separate laundry room, split AC, and walk-in closet. Two contractor inspections for restoration in all the right places. Priced under assessment for quick closing. Property tax will be lower for owner occupant.Diamond Head is Oahu’s and perhaps Hawaii’s most famous landmark. Its neighborhood provides a bounty of nature’s amenities: the vast Pacific Ocean, spectacular views, stately trees, a gorgeous state park and of course, the majesty that is Diamond Head itself. Located at the east end of Waikiki, the Diamond Head area has a unique calmness and serenity enjoyed by all who visit or call it home. It is one of Hawaii’s most desirable suburbs, and the ultimate in Honolulu addresses. Diamond Head is an upscale community with residences ranging from quaint- yet- elegant cottages, small condos, executive homes, picturesque estates and luxury oceanfront properties. At the base of Diamond Head is Honolulu’s “Gold Coast,” at the end of Kalakaua Avenue, across from Queen Kapiolani Regional Park. Elegant homes with Asian or Mediterranean architectural styles as well as charming bungalows and contemporary residences contribute to the uniqueness and allure of this cozy neighborhood. The Gold Coast is host to a few hotels, restaurants and private clubs and some of the best ocean- front condos on Oahu. The calm waters at their doorsteps offer exceptional swimming, diving, and several surf breaks.Queen Kapiolani Regional Park is perfect for walking, jogging, and a variety of activities such as yoga or Tai Chi or tennis and embraces both the Diamond Head and Gold Coast neighborhoods. It is the finish line for the world renowned Honolulu Marathon, site of several ethnic festivals and the place where a variety of parades conclude their pageantry. In addition to the wealth of activities that the park offers, Diamond Head and Gold Coast residents and their families enjoy the Waikiki Zoo, the Waikiki Aquarium, the Diamond Head Theater, and the Diamond Head State Monument with its stunning views of the coastline, historic hiking trail, and military history. In addition to the Gold Coast, the Diamond Head neighborhood includes Kahala, Black Point, St. Louis, Waialae, Waialae Iki, Kaimuki, Kapahulu, Maunalani Heights, Niu Valley, Hawaii Loa Ridge, Wailupe Beach, Aina Haina, Kuliouou, and Paiko Lagoon.

5496 Poola St Honolulu Hawaii 96821
Neighborhood: Kahala Kua
4 bedrooms, 3 baths

To learn more about this property, contact:

Myra Brandt
HI License RB-16282
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
10. April 2018 · Comments Off on 1062 Hunakai St, Honolulu, Oahu, Hawaii · Categories: New Listing

Great Kahala location with a great price. Often called the Beverly Hills of Hawaii, this one and one-half mile strip set along Oahu’s southern shore boasts luxury residences with winding driveways, lush landscaping, and irreplaceable ocean views. This property includes a one-story home with beautiful mature fauna and flora trees in a spacious yard setting. This convenient location allows easy access to stunning beaches, Diamond Head, top-rated restaurants, Kahala Mall, and the exclusive Waialae Country Club. Another benefit is the nearby freeway access, making commuting easy. Kahala’s oceanfront estates have summoned celebrities, world-class athletes, notable politicians, U.S. Presidents, and financial tycoons to enjoy the beauty and peacefulness that is uniquely Kahala. It is one of the most expensive and prestigious neighborhoods in the state with property prices in the multi-millions.

1062 Hunakai St Honolulu Hawaii 96816
Neighborhood: Kahala Area
4 bedrooms, 2 baths

To learn more about this property, contact:

Mary Worrall
HI License RB-7698
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
07. April 2018 · Comments Off on 567 Kawailoa Rd #E, Kailua, Oahu, Hawaii · Categories: New Listing

Nestled in a private &quiet street, just steps to the famous and world renowned Kailua Beach Park, sits this beautiful split level home spread out on well over 2000 sq ft of living space. Stepping through the front door you are welcomed with a gourmet kitchen with island, beautiful wood floors, and a generous living area. A large screened lanai overlooking the backyard is ideal for dining or entertaining. 3 bedrooms on the same level, one of which has a small kitchenette and a separate entrance, great for guests, home office or in-laws. The extra large master bedroom on the top level is currently used as a second living area and has a gorgeous roof top deck with spectacular views of the Flat Island and the Ko’olau’s. This special home offers versatility & flexibility that will be sure to please even the most discerning buyer. Kailua is an upscale, highly desirable community known for its diverse lifestyle and proximity to a world famous beach. Lanikai Beach has been consistently rated as America’s number one beach for the past several years. With its soft, powdery white sand and turquoise water, Lanikai offers swimming, canoeing, snorkeling, and stand-up paddle boarding. It’s the perfect environment to enjoy and appreciate Hawaii’s natural beauty. In addition to the numerous biking, walking and hiking trails, there is a multitude of unique eateries, quaint boutiques, grocery stores, small niche businesses, and farmers markets. Kailua is made up of many different subdivisions, such as Coconut Grove, Enchanted Lakes, and Lanikai. Homes range from modest single family residences to multimillion dollar estates, some resembling East Coast style bungalows and cottages or stately architectural masterpieces. In particular, Lanikai is a sought after address since virtually every home is within two blocks from its internationally famous beach. Kailua also includes the following neighborhoods: Waimanalo Country Club, Keolu Hills, Maunawili, Olomana, Pohakupu Beachside, Kalama Kawailoa, Koolaupoko, Aikahi Park, Kaimalino, and Kalaheo. Kailua is on the windward side of Oahu and approximately 25 minutes from Honolulu, but there’s no need to leave: Kailua is a self-contained community that has something for everybody. Kailua residents have a strong sense of community and a genuine appreciation for their neighborhood. Even the President of the United States considers Kailua a very special place since he and his family spend regular Christmas vacations here.

567 Kawailoa Rd #E Kailua Hawaii 96734
4 bedrooms, 3 baths

To learn more about this property, contact:

Aileen S Rodriguez-Chizer
HI License RB-18800
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816