Kauai Luxury Market Update

Poipu:

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Click for more pictures

New Quality Home near Grand Hyatt
Luxury 4 bedroom / 5.5 bath new home near Poipu Bay Golf Course , and the Hyatt – Back on the Market and dropped $500K! Listed at $1,980,000  MLS 169175

 

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Click for more pictures

Oceanfront Estate at Kukuiula Harbor
New price for the New Year – $6.9M. Possibly the best beachfront location on Kauai.  Originally listed for $10.9M, price reductions at $2M each.  Tax Assessed Value is $4.2M  MLS 208220  – Virtual Tour.  For a Buyers’ Agent video report, showing the unflattering side of the property adjacent to the boat harbor park – be sure to email me

Poipu Aina Estates – this new development represented by REMax along the new Bypass Road has been raising their prices….?
2+ acre lots are listed from $997K to $1.5M

Kukui’ula – although backing off on their residential development plans, the golf course, restaurants and shops are going in full speed with plans to open Summer of 2009.  Video Report – construction update as of Jan 25, 2009

Koloa Landing – the one recent Poipu Luxury Development that has shown no signs of slowing production or build-out.  Video Report – construction update as of Jan 25, 2009

Hanalei / Haena:

Haena Bay Oceanfront Cottage

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Here’s an interesting recent development – SOLD and relisted within 1 day!  Your thoughts??
Listed for $3,8500,000 and on the market for 21 days – SOLD on 1/2/09 for $3.5M.
NEW Listing within 1 day for $3.9M
MLS 219512 

Lihue:

Ritz Carlton – As you probably know, in November Marriott announced a “revision” of the construction schedule, which in local terms basically means it’s shut down.  Stated plans are to continue with the build out in 2010.  Clients of mine recently golfed on an empty course…if you like ocean views, and lack of crowding – great golf course to visit right now!  From what I’m told, the change in plans reflects a global Marriott plan on cash conservation, not a reflection of the Kauai market.

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About Susanna "Susie" Kunkel, RA

With a belief that life is too short to not follow your dreams, Susie and her daughter became new Kauai residents in less than 4 months after visiting for the first time in 2000. She brings a wealth of information from her background in administrative, contract and paralegal work in a variety of industries including technology, investment banking, biotech and estate planning. As a Realtor, Susies's tenacious and technical approach have earned her a large group of extremely loyal clients. Susanna is a steadfast believer in "The Golden Rule", and applies it to her approach as a Realtor. "Each client and each property are unique, so it's important to me to listen intently to what my clients' goals are, and to make sure I go above and beyond to help meet them."
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