Where to Find a Kailua Rental Property

Drive through the Kailua neighborhood you want to be in, and look for signs!I answer this question about Kailua rental properties each week.  With Kailua’s idyllic lifestyle, beautiful beaches and proximity to everywhere – many wish to settle here.  If you are like so many others looking for a Kailua rental property – and we don’t have anything available — try the following links:

• The Oahu MLS rentals can be found at www.hicentral.com

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Oahu Property Management | Setting Monthly Rent for Oahu Rental Properties Part 4

How to Set the Monthly Rent for your Oahu Rental Property
Part 4 – MARKET VARIABLES AND TESTING THE RENT

In our previous posts we discussed the property, researching Oahu rental properties and setting the rent range … and in this post we will focus on what variables we should consider, and importantly learning how we determine if we set the rent right.

After determining what my Oahu rental property has to offer, researching what other properties on the market are offering and asking, and setting the rent range, I take a look at market variables.  Market variables include

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AUCTION: North Shore Luxury Real Estate | Paumalu Ranch

Paumalu Ranch is the largest single land offering on the North Shore of Oahu. Paumalu Ranch is comprised of two parcels which will be auctioned off, one with no reserve, on March 25, 2013.

North Shore Oahu Sunset

This North Shore property is comprised of 2 - 45 acre+ parcels perched on a bluff above famed Sunset Beach, with picturesque vistas of both mountains and Oahu’s “Seven Mile Miracle.” The Paumalu Ranch properties are on a gated private road and provide privacy and seclusion.

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Oahu Property Management | Setting Monthly Rent for Oahu Rental Properties Part 3

How to Set the Monthly Rent for your Oahu Rental Property
Part 3 – RESEARCH RENTALS AND SETTING THE RENTAL RANGE

In our previous post, we chatted a bit about what criteria to use when viewing your Oahu rental property and other Oahu rental properties.  You should have a pretty good list of the attributes your property offers, and also a list of advantages, or a small list of shortcomings.  We need to find out for how much other Oahu rental properties in your area have rented, and for how much available properties are being offered.

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NEW: Private and Exclusive Luxury Real Estate in Castle Point, Kailua, Oahu

If you desire an Oahu luxury homes neighborhood with a simple and relaxed notoriety, and a premium address in Kailua look no further. 7 Kailuana Place in the Beachside neighborhood of Kailua has been put on the market for the first time in over 40 years. This Castle Point address is among the most exclusive residences on Oahu.

At $5,500,000 this property is suprisingly well-priced for the area. The home itself, while quaint, interesting in its design to maximize the cooling tradewind breezes, and in original condition, is not the draw and will likely be torn down. Many newer luxury homes have gone up in the area and this is one of the last original homes. Other newer homes in the area have been sold for several millions more than this.

Kailuana Castle Point View of the Mokulua Island on a Cloudy Day

Photo (c) 2013, Yvonne Jaramillo Ahearn

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Kailua Real Estate | Kukanono Neighborhood - 2012 Sold Homes

Kailua’s Kukanono neighborhood is a small area between the Pali Highway and the Kawainui Mash conservation area. Homes do not come on the market often in Kukanono and in 2012 only 2 properties were listed. The two Kukanono homes sold did, however, sell for over asking price by at least $20,000! A list to price average percentage of 104%, with an average 18 Days on Market. Photo Courtesy of HICentral MLS.

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Kailua Real Estate | Koolaupoku Neighborhood - 2012 Sold Homes

The Koolaupoku Neighborhood of Kailua had steady sales in 2012. An average of 44 Days On Market (DOM) shows that property in Koolaupoku is in high demand with an average sale price of $805,893. Koolaupoku is a primarily upscale neighborhood bordering the Kawainui canal and heading toward the Kawainui Marsh. Some of the properties in this neighborhood are on larger sized lots and/or are canalfront, some have been CPR-ed and are on small lots. There is a lot of variety in this area.Photo Courtesy of HICentral MLS.

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Kailua Real Estate | Keolu Hills Neighborhood - 2012 Sold Homes

Kailua real estate sales in the Keolu Hills neighborhood were very strong in 2012. With 25 sales of homes and 100% list to price percentage average, sellers in Keolu Hills received asking price or above for their homes. With an average sale price of $699,000 and 44 Days on Market (DOM), Keolu Hills is a great place for investors and first home buyers to be looking. Most of the homes which sold in 2012 needed work and remodeling. The relative affordability of Keolu Hiils neighborhood makes this a possibility for people looking to fix up & add value to a home, investors and first-time homebuyers. Photo Courtesy of HICentral MLS.

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NEW: Honolulu Real Estate | Diamond Head View & Pied-a-Terre

Home Shoppe Hawaii has a new listing! This charming Palolo Valley home is great for either a homeowner that desires rental income or an investor looking for a great cap rate. The main home, upstairs, has 3 bedrooms and 1 full bath, plus two bonus rooms that can be used for an art studio or storage.

Charming Palolo Home with Carport.

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The Vintage Cave Honolulu | Private Society Elevating Art, Culture & Pleasur

Updated on Mon, February 18, 2013 by By Yvonne Ahearn (B), Realtor-Broker

Is it an art gallery? Is it a restaurant? Or is it a pricey club? Actually, a combination of all three and yet something more, as well. The Vintage Cave Honolulu (VCH) at the bottom of Shirokiya Department Store at Ala Moana Center is in an unlikely (though convenient) location, but it is definitely NOT the real estate in which is resides that defines this unique experience. 

The Vintage Cave identifies itself as a “private society” in concept and evokes images of ancient European caves in Lascaux and Altamira, where people once recorded their history in the form of art for thousands of years. The caves are symbolic not only as places to create art and record history, but as themselves, being art. For it is in caves where gemstones and rare crystals are created, natural works of art on their own. And the best wines, of course are also stored and aged in caves. Tying it all together is homage to Hawaii’s great affinity to its own caves formed in the birth of the island as lava tubes, decorated with meaningful petroglyphs, symbolic of our island culture and custom.

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Kailua Real Estate | Kawailoa Neighborhood - 2012 Sold Homes

Kawailoa neighborhood in Kailua had just 3 sales in 2012. Kawailoa is not a large area, fronting Kailua Beach park from the end of S Kalaheo ave (Kalapawai Market)to the foot hills of Counrty Club Knolls (entrance to Lanikai). The average Days on Market (DOM) for these three homes was just 9 days! Two of the three homes sold for over asking price. This neighborhood is very popular as it is so close to Kailua Beach & Kailua Beach Park and also puts you in the desired Lanikai (Public Charter) Elementary School District.

Photo Courtesy of HICentral MLS.

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Kailua Real Estate | Kalama Tract Neighborhood - 2012 Sold Homes

The Kalama Tract neighborhood features beachy homes on some larger lots, most over 10,000 Sq Ft. However the few which border the Coconut Grove neighborhood are the smaller parcels.

With 12 sales in the neighborhood and an average DOM of only 37 this neighboorhood is moving! The average sales price for homes in the Kalama Tract neighborhood is $1,162,428. Proximity to Kailua Beach and larger lot size makes Kalama Tract a very desirable neighborhood in which to buy.

Photo Courtesy of HICentral MLS

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Hawaiian Interior Design | Historic Charles Dickey House in Honolulu

The redesign of the interior of the historic Charles Dickey home in the Diamond Head, Honolulu neighborhood is beautiful and worthy of being featured here. The designer, Fine Design Interiors of the Big Island of Hawaii, won several awards for this project including the following:

2009 ASID Hawaii Overall Grand Award
2009 ASID Hawaii Residential Award of Excellence
2009 ASID Hawaii Members Choice Award

The renovation of the historic Charles Dickey House in Honolulu was completed in June 2008. The photos here are by Hal Lum

Charles Dickey is one of the most prolific architects of Hawaii. His projects were both commercial and residential in nature and spanned over decades. More on Charles Dickey.  

This home was built in the 1930’s and is a prime example of simple territorail architecture of the period.  

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Kailua Real Estate | Kaopa Neighborhood - 2012 Sold Homes

Kailua’s Kaopa neighborhood had a relatively healthy year in 2012 with 11 sales ranging from $660,000 to $880,000. A average list to sales price percentage of 99% and an average 56 Days On Market DOM this Kailua neighborhood, in 2012, proved to be an affordable and poular area for first home buyers and investors. Photo Courtesy of HICentral MLS

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Kailua Real Estate | Kalaheo Hillside Neighborhood - 2012 Sold Homes

Kalaheo Hillside sales in 2012 were varied, with some properties sitting on the market for long periods, 100+ days, and others selling quickly. There was an average of 66 Days on Market for all 14 properties sold in 2012 with an average sale price of $903,678. Kalaheo Hillside homes either needed work (Contractors Special) or were already highly upgraded. Kaleheo Hillside neighborhood is popular because of its larger lots, some with views, easy freeway access to H-3, Pali and the Likelike Highway. It is also a very convenient neighborhood for military families.

Photo courtesy of HICentral MLS.

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Kailua Real Estate | Kailua Estates Neighborhood - 2012 Sold Homes

Kailua Estates is a well liked area of Kailua real estate primarily for its large and sometimes, huge lots, as well as its proximity to Kailua Beach, and cute neighborhood park “Triangle Park.”  The homes are older, but many are lovingly maintained & remodeled, along with a handful of smaller newer homes on lots that are either CPR homes or subdivided lots.

Kailua Estates properties rarely become available (only 6 sold this year) and do not stay on the market for long with an average of 44 days on market (DOM) for 2012. Kailua Estates neighborhood homes sold for an average of $1,045,000 and the average list to sales price 99%.

Photo Courtesy of HICentral MLS.

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Kailua Real Estate | Kailua Bluffs Neighborhood - 2012 Sold Homes

Kailua Bluffs neighborhood Kailua real estate sales, in 2012, totalled 6. Prices for this area of Kailua real estate ranged from $499,000 to $969,000.  Kailua Bluffs in Kailua has an average sales price of $746,166, making it a well priced and more affordable neighborhood in Kailua. Kailua Bluffs homes also sold quickly in 2012 with an average of 27 Days on Market (DOM), and it seems Sellers also got what they wanted, with the list to Sales price percentage averaging 99%.

Photo Courtesy of HICentral MLS.

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NEW: Honolulu Luxury Real Estate in Portlock, Hawaii Kai

I saw a beautiful new Portlock Hawaii Kai Listing for Sale at broker’s open today: 444 Portlock Road in Hawaii Kai.

This Portlock luxury home is a modern craftsman-style, wood home with 6 bedrooms and 5 baths. It has a potential to be split into a main home and 2 rental units, the way it is configured.  It has a great indoor outdoor kitchen area and a huge living area for entertaining.  The kitchen appliances are stainless and high-end, even with a built-in espresso maker and wine storage room.  This modern craftsman-style home is an unusual design, as it has a loft area above the living space. The Hawaii Kai luxury home home is owned by an expert carpenter and his fine work shows in the home. This Portlock home is actually a lot more beautiful in person than it is in the photos.

The Portlock Road area of Hawaii Kai is the most exclusive neighborhood in Hawaii Kai and one of the most prolific luxury home neighborhoods in Honolulu. The former Henry J. Kaiser Estate is on Portlock road in Hawaii Kai and some of the most expensive homes in Honolulu are on this street.   Some of the homes and waterfront or beachfront and many are on very large lots with goregous views of Maunalua Bay and Waikiki from across the bay.

Click on the photo below for more photos and information of the Portlock luxury home in Honolulu. Qualified buyers please contact Yvonne Jaramillo Ahearn (B) REALTOR, for more information at 808-721-8088 or yvonne@HomeShoppeHawaii.com.

Kailua Real Estate | Hillcrest Neighborhood - 2012 Sold Homes

The Hillcrest neighborhood in Kailua had 10 home sales in 2012. This area was a little slower moving than most in Kailua with an average of 127 DOM.  All the homes sold for or just under asking price with the average sale price for 2012 at $912,270. The home in this area are a bit more upscale and expensive than in some of the faster moving areas of Kailua, which may account for some of this extra time on the market.  The Hillcrest neighborhood has beautiful views overlooking the Enchanted Lake neighborhood of Kailua and ocean, making the homes there desirable to many.

Photo courtesy of HICentral MLS. This Hillcrest home sold by Home Shoppe Hawaii.

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Kailua Real Estate | Country Club Knoll Neighborhood - 2012 Sold Homes

Kailua’s Country Club Knoll neighborhood is a very desirable upscale neighborhood and homes rarely come up for sale. Country Club Knoll had only two sales in 2012 one of those was sold before it was listed in the MLS. The other was just on the market for 9 days. Kailua’s Country Club Knolls had a list to sales price percentage of 100% and average sale price of $1,068,750. This is a beautiful private & quiet neighborhood. Some homes in Country Club Knoll have great views of the Mid-Pacific Country Club Golf Course and this area of Kailua Real Estate is also quite near Kailua Beach. Photo Courtesy of HICentral MLS.

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