Oahu Luxury Homes Continue To Be Buyer's Market

                   

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Over the past 24 months, while much of the lower price ranges have tightened in inventory and seen list price / sale price improvements, the $5MM and up marketplace continues to languish. 2 years ago, the time required to liquidate the existing listings ( Active units / Sales per month ) was just under 4 years. As we speak today in April 2012, the active listings total 41 and 20 homes have sold since March of 2010, which translates to an inventory in excess of 5 years today at the rate of one home selling every 40 days. 

The sold price as compared to list price has also fallen, with an overall average for the 20 sold homes of 87% of sold price to list price and with the following results in specific price ranges. 

$5MM range = 7 solds - 82% to 96% sale to list price -  avg = 87%
$6MM range = 4 solds - 75% to 93% sale to list price -  avg = 86%
$7-8MM range = 4 solds -  79% to 86.5% sale to list -   avg = 84% 
$10-20MM range = 4 solds - 75% to 100% sale to list - avg = 90%
$20 MM + range = 1 sold - 91% sale price to list -          avg = 91% 

Currently, the Average Days on Market for Active listing is 151 days
The average Days on Market of the 20 sold properties was 99 days. That compares to 64 days on the market for the average of homes priced below $750K.

The above does not reflect a marketplace of abundance, but instead reflects a lack of buyers as compared to the available properties for sale with options galore for purchasers. Purchasers in this market are able to use the statistics above to support their views of values with the weight of limited choices for seller's.  

During the same 24 month period, there were 121 listings that either expired or were withdrawn - having been rejected by the marketplace without success. These properties also become purchasing opportunities.

There is always the question of value in the list price when viewing statistics. Cases in point being one property that sold for full list price and was listed at $17.5 MM and 2 of the 20 selling for 75% of list price. As always, actual value versus list price is the most important consideration and of greatest concern. As advocates of the purchaser, we are able to assist in these areas.
 
For a recent analysis of the market for the past 12 months, follow the link below:
                                 March 2012 Market Report

If you would like to view the current properties on the market and / or the recently closed properties, you can follow this link : Current properties on the market

If you have any questions regarding the Oahu Real Estate market, I'd love to hear from you : Email Michael 

Below are earlier views of the same market for the past few years. Thanks for stopping by.

Aloha ! 

Michael Hege' RA 
Kapolei Realty, Inc
(808) 225 - 3660



                            Sold AT $1,175,000
Just listed ! 92-1323 Hauone Street - MLS #1105424 -  Makakilo Perimeter home with 3,500 square feet, Shows like new construction and has an incredible view. This home is priced at only $1,249,000 and is just lovely - To view this great listing:
   
          CLICK HERE FOR INFO & INCREDIBLE VIRTUAL TOUR 

 CLICK HERE To View $5 Million + Listings  

This is an update (March 2010 )  to an earlier article examining the activity in the $5MM plus waterfront homes on Oahu. The article below was written in June of 2009 and since that date, another 6 homes in this category have sold out of 31 listings currently available.

That would be one home sold every 45 days more or less, which would translate to the 31 homes currently on the market providing a 46.5 month supply, assuming there were no new listings added to the inventory.

As the article below suggests, it continues to be a great time to pursue a luxury home on Oahu and to choose from a large selection. To be honest, I thought the sold homes might have been higher than the 6 I found, as the market is definately turning in the lower ranges. But as of yet, the buyer enthusiasm has not reached this price range. Here is a little breakdown for you:

3 of the sales were in the $5MM range and sold at discounts to list price of 20%, 15% and 8%.
1 of the sales was in the $6MM range and sold at a discount to list price of 15%
2 of the sales were in the $7MM range and sold at discounts to list price of 15% and 20% respectively.

For those who are paying attention, that means for the folks who are selling ocean front homes in excess of $10MM, there has not been a sale in that price range and category since August of 2008 and it could be a great time to change that.

I would love to help you find the place you've always wanted in paradise!

If you'd like to say hello, just click here Contact Michael

For the earlier article, continue below:

Enjoy the Best of Oahu ! 
                         
                     

To view the current listings Click here .

For the discriminating buyer, the possibility exists that we have now entered the best market to purchase Exclusive properties in Hawaii in years. I've created a link to a website located at the top of this article to view these properties, but thought I'd also spend some time on why I believe the market may be perfectly positioned to acquire these properties now.


                 

As we sit today in the $5MM plus market, there are currently 38 properties available. In the past 6 months, there have been a grand total of 4 sales in this price range in the criteria that I am analyzing which is waterfront properties. The last 2 of these sales were recorded in March of 2009 with the 2 other properties having closed in December and January. In other words, up to 38 homeowners have been waiting over 3 months for someone to purchase their property and no one has come forward. 



                       

At the past 6 month activity level, it would take 5 years to deplete the current supply of listings and at the past 3 month level (zero), it is what one could aptly describe as a market that could be within the complete control of a capable buyer. To put this into a historical perspective :

2008 totals         14 closed sales    17 active listings at year end (38 June '09)
2007 totals          9  closed sales         
2006 totals         12 closed sales
2005 totals          8  closed sales
2004 totals          9  closed sales

As you can tell from the numbers above, while 8 to 14 sales in this price range and category are the historical range per year, with no sales and no pending sales currently identified on the MLS for the past 3 months, what a great climate to present an offer to a seller that is cash and priced according to the current market conditions.


                

The search link below is to provide you with an idea of what is currently available. If you would be more interested in having a personalized search prepared for you or would like more information on my market feel free to contact me by email or give me a call at 808-225-3660.


              

I have made the business decision to only represent purchasers in this price range of homes which allows me to fully represent the purchaser's interests, aid in negotiating strategies and aggressively seek the best terms available for my client, the purchaser. To further avoid potential conflicts with my existing client's interests, before I am able to accept additional clients in this price range, I seek approval from my existing clients.

Search website for Ocean Front listings

Ocean Front for under $1MM This listing is HOT!

Let's get started!



Michael Hege' RA
Kapolei Realty, Inc
808-225-3660
mhhege@aol.com

     Ko Olina Kai 3 Bdrm/3 Bath 
    w/ GREAT Location For Lease 
   Ko Olina Kai Villas & Golf Estates
           Click here to check on availability  Contact Michael

This townhouse is well cared for by the owner and he is now looking for someone to move in and take good care of his home. Just a short walk to the 18th green and across to the Ko Olina Golf Club, Roy's restaurant and the Ko Olina Sports Club including tennis and the recently expanded fitness center. Ko Olina Kai Golf Estates & Villas is a gated community within the Ko Olina Resort and Marina and is a wonderful place to call home.

                   

Enjoy the view from the private lanai off the master bedroom. All exterior maintenance is provided through the Association so, all you have to do is enjoy it.  

              
When you walk out your living room door you can turn left to walk toward the Golf course and the beach or you can turn right and head up to the pool through the neighborhood.

           

             

What about the inside you say. The first floor has a bedroom, laundry room and full bath in addition to the kitchen and living room with vaulted ceilings. 
    

Granite counters and tile floors create a great kitchen with lots of storage that opens into the main part of the home.  


     

Upstairs you'll find 2 large bedrooms and another 2 full baths. With over 1,600 square feet, you'll find lots of extras with closets, storage and room size. Floor Plan    

To view a site plan of Ko Olina Kai Golf Estates and Villas  Click Here

This property is now available for a minimum of a 1 year lease with the possibility of a multi year lease. $2,900 per month plus GET will also include a membership to the Ko Olina Sports Club at no cost to the tenant other than the initial charge for each of your 2 membership ID's. This includes 2 tennis courts (with night lights) a fitness center, discounts throughout the resort including GOLF at the Ko Olina Golf Course, restaurants in the resort and excursion activities. If you would like a copy of the last newsletter, let me know and I will email it to you. The Sports Club is becoming a very important part of the Ko Olina Community and provides residents with many benefits.


                

Tennis anyone? 2 courts with lights on until 10 pm. Another reason the location of this unit is excellent is because there is a path from Ko Olina Kai to the golf course that starts a few houses away and the fitness center and golf course are across the parking lot from the Country Club. So... that puts you less than a 5 minute walk from Roys Restaurant and Bar or tennis and exercise. Down the path and left to award winning food, sushi and drinks or right to the gym. These are the hardest choices you'll have to make here.

               

If you are not as familiar with Ko Olina Resort and Marina as you'd like to be, you can visit their website and learn more about the 4 lagoons, world class marina, golf course and general lay of the land. For a great interactive map of Ko Olina, Click Here

I'd love to hear from you if you have any questions give me a call or or you may contact me by email here CONTACT MICHAEL . I would be honored to have the opportunity to show you this property or help you in any way I can with your housing needs in the Ko Olina area.

Lastly, if you own property in Ko Olina and have considered having a professional management service manage your property, Kapolei Realty, Inc has been managing property in the area for over 15 years and is a locally owned company with an impeccable reputation. I would be more than happy to explain our property management program to you!

Mahalo for your time and interest.

Michael Hege' RA
Kapolei Realty, Inc
(808) 225-3660
www.HomesOahuHawaii.com

         3 Bedroom Ground Floor Kai Lani With Ocean View
                         Available For Minimum 1 Year Lease 

Located within Ko Olina Resort and Marina, Kai Lani is one of the 5 residential neighborhoods within the Resort and is my favorite of all of them. Kai Lani is a low density development and nearly all of the units have varying degrees of Ocean Views and this unit is no exception. In addition to the closest proximity to the ocean of all the neighborhoods except the actual Beach Villas, Kai Lani is where you will wake up in the morning and know you are in Hawaii! This unit is currently leased through the end of February but is available for limited showings during this month by appointment.  
    

                      

Available for a minimum 1 year lease for $2,900 per month plus GET, it provides a great opportunity for you to live in Kai Lani. Property is being leased unfurnished but Stainless Steel appliances and washer & dryer are included in this 3 bedroom and 2 bath main floor townhouse. Ready to move into on April 1st, 2012. 


                      
                        Stainless Steel appliances and Granite Counters


                   
           The open floor plan has plenty of room to enjoy the space and views


                      
   Wake up in the master suite with a view of the ocean and enjoy the convenience
     of your large walkin closet, granite double vanity and seperate shower and tub


                    
                 Enjoy the Sunsets every evening from your covered Lanai

Located on approximately 11 acres with 30 buildings situated for maximum serenity and greenspace, Kai Lani is a peaceful retreat. As a gated community, you'll enjoy a feeling of security and with the impeccably landscaped grounds, everyday you wake, you'll take both pride and pleasure in your home. You can walk along paths through the Ko Olina resort to the restaurants and lagoons or if you want a little quiet time, you can go to the little beach in front of Kai Lani for some snorkeling or just to have some quiet time. When sunset comes, this is a favorite spot of mine. 


            

As a tenant at Kai Lani, you'll be able to enjoy the pool in the neighborhood as well as many of the amenities in the resort like the fitness center and tennis courts which are all included benefits from your Home Owner Association. Here are some pictures of those added features:

      
                                            Pool and Spa with Bar B Que and Meeting Area


         
                       This is an Example of the building architecture. Each building contains
          4 units (2 downstairs units and 2 upstairs units) Each home includes a 
                   1 car garage and an additional assigned parking space. 

                
                          Aerial View of Kai Lani and adjacent Coast. The greenspace 
                            that fills the triangle along the coast is Preservation Land             


    
                
               Fitness Area with Workout Equipment and Tennis Courts      


                     
           One of 2 Tennis Courts with onsite Instructor and Night Lights                           
                     

It is my pleasure to be able to offer this wonderful home for a minimum 1 year lease. The HOA fees include all exterior maintenance, landscaping and yard care, exterior building insurance, pool, and membership to the Ko Olina Sports Club which includes a gym, tennis courts and discounts throughout the resort. So whether you choose to rent the property or purchase the home, you'll enjoy full access to the Sports Club facilities, a community that you'll enjoy calling home and a wonderful home just steps to the beach and located in the Ko Olina Resort and Marina.

          
                As you can see, the beach is just a short walk to your home! 

This is truly a Resort location where 5 star hotels, a LPGA golf course and a world class marina are located. Currently Disney has chosen Ko Olina as the site of their latest property and is currently under construction with a completion date of August 2011. If you've always wanted a place in Hawaii, I would encourage you to seriously consider this property while the prices are low and the best are available. 

If you would like to explore the lease for a minimum of 1 year for $2,900 per month plus GET (4.5%)Let me know and I will make arrangments to show you the property. For properties for sale in Ko Olina, you might enjoy this site:
                                   Ko Olina Search Page

As always, you may contact me by email, Contact Michael or give me a call at (808) 225-3660 for information on this or any property in Ko Olina.

Mahalo,

Michael Hege' RA, CDPE
Certified Distress Property Expert
Kapolei Realty, Inc
HomesOahuHawaii.com
KapoleiToday.com

This Ocean View Villa can be rented as a 2 BR / 2 BA or add a 1BR / BA lockout and Have a 3 Bedroom with 3 Full Baths, our only 3/3. Sleep up to 8 with the queen sized hideabed in the living room. 
 


Check availability - Michael Hege RA (808) 225-3660

HOTWEEK - April 11th thru April 20th $3,999 

Take all nine nights for $3,999 or choose your own dates for 7 nights for $3,399 inclusive of parking, taxes and fees

To View all of our Villas CLICK HERE 

 
For free quote and availability, let me know your dates and I'll see if I have something. If you are hoping to find luxury accommodations at affordable prices, I think the Beach Villas at Ko Olina offer some of the best luxury values available on Oahu.

Email me your requested dates and questions & I'll get right back to you: CLICK HERE



Pricing will include parking, telephone (with free long distance to Canada and US ), taxes, cleaning and WiFi with no surprises at check out. Wouldn't you love 3 spacious bedrooms, a gourmet kitchen and ocean view for less than a standard view hotel room? Since this home has just become available for rent, we still have some great availability.


You Will Love this place : ) !! 

If you would like to take a Virtual Tour of the Property

CLICK HERE



If you feel like cooking, this is a kitchen to enjoy- Fully stocked with what you need to cook up a storm ~!!~




This property has the choice of these 2 Bedrooms ...

  
Master is King and 2nd Bedroom is a Queen

or... you can add this 3rd Bedroom and Full Bath Suite

 
Twins can be converted to King Bed upon request.  

Dining table has 6 chairs and there are 4 barstools for informal snacking. 

 



Take a look at what we have going for the rest of 2012
 This property has just been added to our inventory, so we have GREAT availabilty in the Spring, Summer and Fall. 



Check your dates for our current pricing

HOTWEEK - April 11th thru April 20th - 9 nights

Take all nine nights for $3,999 or choose your own dates for 7 nights for $3,399 inclusive of parking, taxes and fees
Jan 9th thru May 1st, 2012
 

Winter / Spring season $3,199 - 2 BR  &   3,499 - 3 BR 
For 7 nights inclusive of parking, taxes and fees
                     
   May 1st thru June 8th, 2012
                           

Spring-Summer Shoulder Season  $2,999 -2 BR  &   $3,199 -3 BR  
For 7 nights inclusive of parking, taxes and fees
        
June 8th thru Sept 12th, 2012
             

High Season $3,299 - 2 BR  &  $3,599 - 3 BR  
For 7 nights inclusive of parking, taxes and fees

 
Sept 12th thru Oct 25th, 2012

                                              

Fall Low Season  $2,999  - 2 BR  & $3,199 - 3 BR
 For 7 nights inclusive of parking, taxes and fees
 

Oct 25th thru Dec 17th, 2012

                                                                   

Fall Shoulder Season  $3,099  - 2 BR   &   $3,399  - 3 BR 
For 7 nights inclusive of parking, taxes and fees

Dec 17th thru Jan 9th, 2013 

Christmas Season 3 BR $5,499 
For 7 nights including parking, taxes and fees

 

Prices above do not include an additional $1,000 deposit paid at time of reservation. Balance of the amount quoted above would be due 60 days prior to your arrival.

 

Prices are based on payment by check and do not include a 3% credit card fee if charged. Credit Card fee is waived if just used on deposit and balance is paid by check. 

       Enjoy views of the ocean to the west and the northwest from the lanai your private Lanai that overlooks the fabulous pools (one lap pool immediately below the balcony and a huge play pool with 3 spas located throughout the pools). The view stretches out from the meticulous grounds of the Beach Villas at Ko Olina until it runs into the beach, lagoon and ocean. Located at the shore of Lagoon 2, the Beach Villas at Ko Olina are one of the newest Beach Front developments on Oahu.

The master suite has a King Sized bed, private lanai and private bath with one of the deepest bath tubs I've ever seen. This unit has great light and breezes and I think you'll love the views. The floor plan separates the Master from the other two bedrooms for privacy.



Ocean Tower 621's plan has the unique feature of having one of the bedrooms locked off and is available to rent as a 2 bedroom or 3 bedroom except during the Christmas Season. It's an excellent option for someone who really wants the high quality features of this Villa, but only needs 2 Bedrooms and 2 Full Baths. Don't forget, there is a fold out queen sized hideabed in the living room. 
 

The two remaining bedrooms are each complete with their own baths, flat screen tvs, and great beds. One is a Queen Sized bed and in the 3rd lockout Bedroom there are twins that can be made into a King upon request. Each of our units do have a complimentary pack N play for young children. And we have a supply of highchairs, strollers, etc.

I hope you'll enjoy the exquisite decor of the Villa with lots of island style furnishings and comfortable furnishings. The living room has 2 sofas with a lovely 50" flat screen tv with cable and DVD player. If your vacation plans include finding a large property with lots of sleeping space, since one of the Sofas is a queen sized hideabed, in the 2 bedroom set up we sleep 6 and in the 3 bedroom setup, we sleep 8. 



If you like to cook (when you see the kitchen, you'll see that I do) you'll find everything you need in this exceptionally well equiped kitchen. Top name stainless appliances and upper end cookware and appliances make this the center of the home. 
kitchen. Top name stainless appliances and upper end cookware and appliances make this the center of the home. 

All of our villas include some snorkleing equipment, boogey boards and Beach Chairs and Beach Towels in the room.         

To check on Available dates for 2012, Contact Michael .Addional nights are able to be added for an additional $400 2 BR / $450 3 BR /  night which includes taxes and fees.

This property is professionally managed by a Licensed Real Estate agent (me) who is a co owner of the property and you have my personal guarantee that I will do everything within my power to make your stay as enjoyable as I possibly can.

I think you'll enjoy this property immensely and here is a list of some of the amenities included with this property:

• The unit itself
  • Complete kitchen with wolf range and oven and subzero refrigerator
  • Dishwasher, microwave, wine chiller cabinet, cusinart counter appliances
  • Complete dishware, cookware and all the fixings so you can make your favorite meals
  • Bosch washer and dryer
  • Wireless and hardwire internet connections in room
  • Kingsized bed in the master bedroom and twins in the 2nd bedroom
  • TV's in each of the rooms with cable, wireless internet service and telephones including free long distance to the mainland and Canada
  • MP3 player so you can play your favorite music in your suite
  • DVD players living room and master bedroom
  • Designer decor through out
  • Expansive entry onto lanai
  • Sumptuous Master Bath and lovely guest bath
  • Linens, towels, dishward, cookware and all the comforts
  • Direct Ocean view from interior of unit
  • Beach toys, chairs, coolers and boogie boards are in the room

Onsite Amenities

Lap pool and Recreational pool with attached spas

Ko Olina Resort and Marina also has a wide range of activities located within the resort including the Ko Olina Golf Course, Ko Olina Marina, 5 Star dining, shopping, walking trails, fishing and whale watching charters, 4 protected lagoons and is only 3 miles from Kapolei with shopping including Costco, Target, movie theaters, Safeway and 100's of other merchants.

Located 20 miles west of Waikiki (30 to 60 minutes depending on traffic),
Directions and map from the airport

Ko Olina offers a restful alternative to the crowds of Waikiki and Honolulu. Close enough to drive into for adventure and dining, but for those who would rather come home to the escape of tranquility and peace with quiet uncrowded beaches, Ko Olina is a wonderful place to call home for a week or two.

For other available units, Click Here For More Rentals

Priced comparably to a single hotel room with ocean views in Ko Olina or Waikiki, this unit is a great value. Call for a free quote and to find out how to confirm a reservation. The quoted prices include a 13.96% Hawaii tax GET/TAT, a one time check in/cleaning fee of $300.00 for each stay and parking in a secured parking garage.

In a recent development, due to a dispute between the Home Owners Association and the owner of the Commercial Apartment where the Fitness Center is located, the fitness center is currently unavailable until a meeting of the minds can be reached. Unless you were planning on being able to use exercise machines while you are out here, I doubt you would notice the difference, but it is something that was available and currently is not so I wanted to make you aware of that.

For availability or additional information, please feel free to give me a call at 808-225-3660 or Contact Michael .

If you are interested in Villas For Sale, CLICK HERE

I look forward to hearing from you and I hope I can help make your visit to our version of paradise a very enjoyable experience!

Michael Hege' RA
Kapolei Realty, Inc
(808) 225-3660
www.HomesOahuHawaii.com

For additional pictures, scroll on below.

 Sunset Side of Ocean Tower 2 BR w/ Lanai.         Island &Ocean  Views.   
  HOTWEEK - April 25th thru May 4th - Up to 9 nights
$3,295 for 9 Nights Inclusive 
Prices below or CLICK HERE
For Availability Check and Quote
            
          ~ I'd love to show you what we've got ~ 
                     mhhege@gmail.com     (808) 225 - 3660
  To take a look at  other properties CLICK HERE

Click Below to great Virtual tours of this property & of  the of the 2nd lagoon and Beacg Villa pools. 
     The Villa, The Pools and the Lagoon - Lovely : )

Welcome to the Beach Villas at Ko Olina! Paradise Found

          

The Beach Villas at Ko Olina are 247 privately owned condominiums, located ocean front on sun drenched Lagoon two in the beautiful Ko Olina Resort & Marina, Oahu, Hawaii next door to the new Disney Aulani Resort and Spa. 

               

For Information on our other available Villas : Click Here

You'll love the way this villa opens up to the lanai and Leeward coast view of the ocean, lagoons, mountains and the resort. 





Each Villa features stunning fit and finishes such as pocket lanai doors that push back into the walls blurring the boundaries between the interior and generous exterior lanai. Stone flooring, wood trims, granite counter tops, and exquisite appliances create an air of a luxury. Multiple pools and spas add to a wonderful resort lifestyle.

Enjoy the master Suite with King Sized Bed, lovely master bath and private lanai.

    


                               
This unit is located on the sunset side of the Ocean Tower on the 3rd floor. A combination of Mountain, Ocean and Resort Views are pleasant and the sunset side is very quiet and peaceful. We still have some great weeks available for 2012 and great special pricing too. 

The Second bedroom has twin beds that can be converted to a King Sized bed upon request. 

 
 
You'll love the open spaces and Chef inspired kitchen with Subzero and Wolfe appliances.
             

                Enjoy seating for 6 at the Dining room table 
                   or benches for 4 at the breakfast nook.
       
The hardest part of your vacation will be deciding whether to stay in the room or to go down to the beach : )

        

   ~When you hear     "Sunset Side of the Beach Tower"
                               The sun also rises. 

            

Our Villa's final pricing includes parking, taxes, telephone, WiFi, cable and a gorgeous fully equiped unit with all the features of the these Villas that you become accustomed to. This unit has a spactious Lanai that connects the Master Bedroom and main living area. At these prices, these are even less than a hotel room without a View and you'll enjoy 2 spacious bedrooms, a gourmet kitchen, free parking and amenities that you simply wont get from a hotel. Enjoy the luxuries of the Beach Villas and pamper yourself! Don't you deserve the best?

Current Pricing and Last Minute Specials

May specials 
 
May 1st thru June 8th choose your dates, with 7 night minimum, $2,695 including parking, taxes and fees. Additional nights $300.

2012 Pricing - 
Jan 9th thru May 1st, 2012~
Winter / Spring season $ 2,899 
For 7 nights including parking, taxes and fees

May 1st thru June 8th, 2012
Spring-Summer Shoulder Season $2,749
For 7 nights including parking, taxes and fees
 
June 8th thru Sept 12th, 2012
High Season $3,199
For 7 nights including parking, taxes and fees

Sept 12th thru Oct 25th, 2012
Fall Low Season $2,649
For 7 nights including parking, taxes and fees

Oct 25th thru Dec 17th, 2012
Fall Shoulder Season $2,749 - 3 BR
For 7 nights including parking, taxes and fees

Dec 17th thru Jan 9th, 2013
Christmas Season 3 BR $4,249
For 7 nights including parking, taxes and fees

Prices above do not include an additional $1,000 deposit paid at time of reservation. Balance of the amount quoted above would be due 60 days prior to your arrival.

Prices are based on payment by check and do not include a 3% credit card / Pay Pal fee if charged. Credit Card fee is 3% of the amount charged.

To check on availability, send me an email with your requested dates at Contact Michael and I'll get right back to you with a free quote.

This luxurious home is fully appointed and ready for you to enjoy a vacation of a life time. This 1,185 square foot 2 bedroom - 2 bath 3rd floor Condo has an expansive Lanai overlooking the Ocean, the Famous Ko Olina Lagoons and the Waianae Coast and mountains.

The dining table can accomodate 6 easily and there are also 4 bar stools along the slab of the Island.

The master bedroom has a King Size Bed, the 2nd bedroom has 2 twins which can be converted to a second King sized bed.

This property is professionally managed by a Licensed Real Estate agent (me) and you will have my personal guarantee that I will do everything within my power to make your stay as enjoyable as I possibly can.

I think you'll enjoy this property immensely and here is a list of some of the amenities included with this property:

• The unit itself
  • Complete kitchen with wolf range and oven and subzero refrigerator
  • Dishwasher, microwave, wine chiller cabinet, cusinart counter appliances
  • Complete dishware, cookware and all the fixings so you can make your favorite meals
  • Bosch washer and dryer
  • Wireless and hardwire internet connections in room
  • Kingsized bed in the master bedroom and twins in the 2nd bedroom with a King Sized bed available upon request.
  • TV's in each of the rooms with cable, wireless internet service and telephones
  • DVD players in Living room and Master Bedroom
  • Designer decor through out
  • Expansive entry onto lanai
  • Sumptous Master Bath and lovely guest bath
  • Linens, towels, Dishware, cookware and all the comforts
  • Direct Ocean view from interior of unit
  • Beach toys, chairs, coolers and boogie boards available

Onsite Amenities

Lap pool and Recreational pool with attached spas

                       

Beach front location with immediate access to protected Lagoon for your safety and enjoyment

Ko Olina Resort and Marina also has a wide range of activities located within the resort including the Ko Olina Golf Course, Ko Olina Marina, 5 Star dining, shopping, walking trails, fishing and whale watching charters, 4 protected lagoons and is only 3 miles from Kapolei with shopping including Costco, Target, movie theaters, Safeway and 100's of other merchants.

In a recent development, due to a dispute between the Home Owners Association and the owner of the Commercial Apartment where the Fitness Center is located, the fitness center is currently unavailable until a meeting of the minds can be reached. Unless you were planning on being able to use exercise machines while you are out here, I doubt you would notice the difference, but it is something that was available and currently is not so I wanted to make you aware of that.

Located 20 miles west of Waikiki (30 to 60 minutes depending on traffic),
Directions and map from the airport

Ko Olina offers a restful alternative to the crowds of Waikiki and Honolulu. Close enough to drive into for adventure and dining, but for those who would rather come home to the escape of tranquility and peace with quiet uncrowded beaches, Ko Olina is a wonderful place to call home for a week or two.


For availability or additional information, please feel free to give me a call at 808-225-3660 or Contact Michael .

I look forward to hearing from you and I hope I can help make your visit to our version of paradise a very enjoyable experience!

Michael Hege' RA
Kapolei Realty, Inc
(808) 225-3660
www.HomesOahuHawaii.com


Photos from around the Villas :

                                                        Aloha!

As your trip is getting closer, here is the process for getting checked into your Villa that you'll be staying at. If you are arriving at the airport and getting a rental car, I ask that you give us a call once you have your rental car and are leaving the airport.  

Vicky, my wife, will probably be the one to meet you and her phone number is 808 225 3484 and her email is vspanier@aol.com. If you have any special requests regarding your arrival or have other questions, please feel free to give her a call or send her a note. Once you have your rental car ( the variable in the equation ) we will know how long until you arrive.

My phone number is 808 225 3660   and my email is mhhege@aol.com . If you have both of those numbers with you when you come here you'll be fine. If you want to add one more, there is a 24 hour security # at the Beach Villas and they also have your reservation information and the ability to provide you with emergency access to your room if that was needed for some reason, but that would be a most unusual situation.  That phone number is 808-469-3575


View Larger Map

If you have a GPS or smart phone, the physical address is 92-104 Waialii Place Kapolei HI 96707

Leaving the airport, take the H1 West exit toward Waianae . Now just stay on this road for about 19 miles until you come to the Ko Olina exit. It's a large exit about 2 miles after you have passed the Shopping centers in Kapolei. 

You'll come to an entry to Ko Olina and you'll be asked your destination.

                                 

Let them know you are going to the Beach Villas at Ko Olina. They will welcome you and you are on your way. On your right, you'll have the Paradise Cove Luau, the Marriott Ihilani Hotel and the new Disney hotel that opened in August. On your left you'll have the golf course and the new commercial center with an ABC store and some restaurants and ice cream. 

                                       
                          

After the Disney Hotel, you'll pass one large vacant lot on your right and then you'll be turning right on Waialii Place toward the ocean and will see the Beach Villas on your left. At the end of the culdesac you can make a left turn into the circle drive which is where we will meet you. 

Here are the suspects you'll be looking for : 

                   
Also, this is good for getting oriented: 

Interactive map of Ko Olina

  I
                                                        Entry into the Beach Villas

See you soon ! Michael & Vicky

Kai Lani in the Ko Olina Resort and Marina currently has 6 properties for sale priced between $634K and $725K. These are all 2 bedroom townhouses and each of them have their own individual views, at least one of which is an unobstructed view.

I just love Kai Lani, it is where I live myself. It is the only residential neighborhood with the exception of the Beach Villas at Ko Olina that gives you the expansive views of the ocean and the northern view of the Waianae Coast and mountains. Gorgeous as sunset comes along and a short walk thru preservation property to the ocean and a little beach. Kai Lani is as good as it gets !

  

If you would like to see some details on the properties currently available in Kai Lani - CLICK HERE 

The great news is that if you have VA eligibility for a VA loan, you can use it to purchase one of these properties because Kai Lani is now an approved development for VA loans. 

All of these listings are priced at their lowest prices in a long long time so let me know if you would like to take a look at one or all of them. 

I have two of these properties listed myself and they are each short sales. One is a cooperative short sale with the current lien holder. It is priced at $634,536 and has this view from it's living room : 

                     

The second of my listings is on the other side of the range at $725,000 and has a great view and is the only 3 bedroom currently available. It is also a short sale, but will only require a lien holder's approval from the 2nd and not the first which should make the approval process much quicker.

Here's a view from it's living room: 


       

If you are curious about the other Ko Olina neighborhoods, here is a link with information about the other neighborhoods and available properties in those neighborhoods also. Ko Olina Residential Neighborhoods

With the Disney Aulani Hotel and Resort now open in Ko Olina, it will be interesting to watch the changes in our neighborhood.

Let me know if you would like more info. 

Mahalo, 

Michael Hege' RA 
Kapolei Realty, Inc
808 225 3660 
mhhege@aol.com

 

          HOTWEEKS & Last Minute Specials 
            The Beach Villas at Ko Olina

Updated May 26th, 2012

RED HOT SPECIAL
May 31st thru June 9th
9 nights for $2,999 inclusive of all fees!
Direct Ocean view - 2 BR ~ 8th Floor 
#1 - OT 801 ~ Details below.



Fall Special
Sept 10th thru Dec 14th on sale for as low as $2,499 for 7 nights inclusive.
All Fall dates on sale on all of our Villas.
Let us know if you see one you like!

On a different note... I have a vacation rental in Kai Lani
Need a full month ? How about Kai Lani?
We have a ocean view 3 BR townhouse that is available from now thru June 30th for $3,900 + tax & Clng for $4,699.
Move in Tonight 
 
Click below for ling to 3 BR / 2 BA Ocean view Tnhs in Kai Lani at Ko Olina. Fully furnished and just lovely! Take a look and let me know.
 
http://www.postlets.com/rtpb/4325651

                       Email me
    
   
  
    
   CLICK HERE for Free Quotes & Availability Checks 

    Last Minute Specials

If your dates are coming up fast, don't forget to check the Last Minute Specials - These are the dates we have left to fill in the next 1 to 45 days and they are great deals! Match your dates to one of our specials and everybody is happy!  

OT 801 Last Minute Special 
May 31st thru June 9th, 2012...$2,999 for all nine nights or $2,495 for choice of 7 nights, each inclusive of all taxes, parking & fees.
This is a gorgeous direct ocean view Villa with 2 BR's and sleeping for 6. Located on the 8th floor of the Ocean Tower with a wide open view from the lanai.    
(ASK For Quote)
Fall Special
Sept 10th thru Dec 14th on sale for $2,499 for 7 nights inclusive.
All Fall dates on sale on all of our Villas during May. Let us know if you see one you like!


#2 BT 702-  June 7th thru June 16th, 2012 - 9 Nights inclusive  of all Parking, Taxes and Fees ~ $3,599 ~ Take 7 nights for $2,899 inclusive. This is a Premium 2 BR on the Sunset Side of the Beach Tower that is a Lovely Villa w/ Great Ocean Views - 7th Floor Beach Tower - Sleeps 6 - Perfect for a great extended stay !  
(ASK For Quote)

Fall Special
Sept 10th thru Dec 14th on sale for $2,599 for 7 nights inclusive.
All Fall dates on sale on all of our Villas during May. Let us know if you see one you like!

#3 OT 1205 July 29th thru Aug 6th, 2012
  12th Floor Direct Ocean View with 3 bedrooms & 1,500 sq feet.
Penthouse Tower on 12th Floor 3 Bedroom - Gorgeous!

$4,399 for 8 nights or choose your own dates for 7 nights at $3,999. Inclusive of parking taxes and fees

(ASK for Quote)

Fall Special
Sept 10th thru Dec 14th on sale for $2,999 for 7 nights inclusive.
All Fall dates on sale on all of our Villas during May. Let us know if you see one you like!

#4 BT 1001 Fall Special $2,699 for 7 nights inclusive!

Sept 10th thru Dec 14th on sale for $2,699 for 7 nights inclusive.

This is a beautiful 10th floor Beach Tower on the sunset side
2 bedroom Villa with some great views and privacy.

#5 OT 301 -3 BR with Contemporary Feel and Lovely Ocean Views
June 4th thru June13th - 9 Nights $3,299 Inclusive 
Ocean View 3 Bdrm w/ 1,600 sq feet. Truly a lovely place to call home.
(ASK for Quote )

Sept 10th thru Dec 14th on sale for $2,699 for 7 nights inclusive.
All Fall dates on sale on all of our Villas during May. Let us know if you see one you like!

#6 OT 205 Fall Special ~ Sept 10th thru Dec 14th, 2012
$2,599 Inclusive of all parking taxes and fees for 7 nights
  
3 Luxurious Bedrooms - Sleeps 8 - Elegant & Spacious w/ lovely sunsets! 

 #7 OT 314 - Serenity and Enjoyment with a View : )

Last Minute Specials: Prices inclusive of Parking, Taxes & Fees:  June 4th thru June 21st, 2012 ~ Up to 17 Nights, Take all 17 for $5,999 or choose your own dates for 7 nights at $2,999 inclusive of all Parking Taxes & Fees. Add $300 for add'l nights. 

Beautiful 2 bedroom Villa partial ocean & sunset views.
(ASK For Quote)

Fall Special
 Sept 10th thru Dec 14th on sale for $2,699 for 7 nights inclusive.
All Fall dates on sale on all of our Villas during May. Let us know if you see one you like!

#8 OT 621 2BR / 3 BR Ocean Views on 6th Floor of Ocean Tower
Great Views - 2 or 3 BR set up available
Don't you deserve a nice Break -
 June 2nd thru June 9th, 2012 ~ Last Minute special
How about 7 nights For $2,599 2 BR Set up or 2,799 3 BR Set up
7 nights inclusive of taxes parking and fees     

For pictures and details -  CLICK HERE 

Fall Special
Sept 10th thru Dec 14th on sale for $2,599 for 2 BR Set up and $2,799 for 3 BR Set up for 7 nights inclusive.
All Fall dates on sale on all of our Villas during May.
Let us know if you see one you like!

Scroll down and see the available Villas for rent with links to their individual web pages & prices. 

Located about 20 miles west of the Honolulu Airport, the Beach Villas at Ko Olina are an exceptional property. Completed in 2008, these 250 privately owned residential condominiums are resort zoned & available for 7 night rentals.
 
For Beach Villas currently for sale, CLICK HERE

          

This resort community has 4 protected lagoons, a championship golf course, world class marina and one of the newest residential ocean front properties on Oahu, The Beach Villas at Ko Olina. 
          
           Picture of Ko Olina showing the 4 lagoons, Marina and 5 star resorts

We offer several Beach Villa rentals that each offer full use of the the property's amenities, including Parking, Full use of the Fitness Center, Pools and direct Beach access on Ko Olina's second lagoon.
           

These units are all simply luxurious and fully anointed with top end appliances like Wolfe, Subzero and Bosch. The granite counters, tile floors, african mahogany and gorgeous woodwork create the perfect place to start your perfect vacation. Depending on your dates and price range, I'm sure we can find exactly what you are looking for. 
      

#1 Hale Nalani, Ocean Tower 801



This is a 2 bedroom on the 8th floor of the Ocean tower and has a King in the Master, twins or a king in the 2nd bdrm and a queen size hide a bed in the family room. She offers direct ocean views over the pools and the view is breath taking. For a complete virtual tour, Click Here

This Villa's fee for 7 nights ranges from $2,395 to $2,895 plus taxes and fees. 
Hale Nalani Web Page  (Ask for free quote)

#2 Beach Tower #702 



This lovely property is on the sunset side of the Beach Tower and offers coast views from both of the bedrooms as well as the living room, kitchen and dining rooms. Both the master bedroom and the main living area are open to the Lanai for views of the ocean as well as the Leeward coast. Here is a virtual tour of this property.
 Virtual Tour BT 702

For more pictures and details, Beach Tower 702 Full Details

This Villa rents for 7 nights  $2,395 to $2,895 plus taxes and fees. (Ask for free quote)  Please call or write for for specific dates.

#3 Ocean Tower # 1205

         

This Unit is a 3 Bedroom, 1,500 square foot unit that has been professionally decorated and is absolutely LOVELY! Located on the 12th floor, you will enjoy panoramic views of the ocean and the resort. For full details and more pictures, Click Here !  

We are now accepting reservations for dates in 2011 with weekly rates of $ to2,995 to $3,495 plus fees and taxes, depending on the dates. (Ask for free quote)

#4 Beach Tower 2 Bedroom Penthouse

This premium Penthouse Villa  unit was brand new in November 2010 and has been loved by those who stay there for it's privacy and phenomenal views. 
A Penthouse Tower Villa (10th of 11 floors ) in a corner location..
The views from this unit are breathtaking and the Lanai is very private.

This unit rents for $2,395 to $2,995 / week plus fees & Cleaning.

Fall Special pricing on reservations between Sept 10th and Dec 14th are currently priced at $2,699 for 7 nights inclusive of all parking, taxes and fees
 
(ASK for Quote )



For full details, CLICK HERE     (Ask for free quote) 


 #5 Ocean Tower 301- 3 Bedroom Facing the Ocean 
One of our most popular Villas, OT 301 is a very spacious 3 bdrm / 2.5 bath in the Ocean Tower facing the ocean with over 1,600 feet to spread out in and enjoy. This villa's decor is very contemporary and looks really great! If you would like to view some more pictures of both the villa and the resort, Click Here . 

          
         Ocean Tower 301's 3 floor location keeps you a little closer to
                   the beautiful pools and grounds of the Beach Villas

                 
            
    Enjoy the Modern Decor of this unit with tons of room to spread out.

OT 301 is  priced between $2,349 to $2,795 plus taxes and fees for a seven night stay and is a great place to relax and let the islands recharge you. A recent acquisition, this property has good availability for Fall and Winter 2012.  

#6 Ocean Tower 205 - 3 Bdrm Facing the Ocean 
 
          

This 1,500 + sq foot Villa is furnished to accommodate Ohana. The 3 bedrooms have a King sized bed, a Queen sized bed and the 3rd bedroom has twins that can be converted to a very comfortable King. In addition to that there is a full sized sleeper sofa in the living room too, so this Villa sleeps 8 easily. She is a perfect place to come to on the gathering island to do a little gathering of your own. Located on the 2nd floor, the lanai faces the full view of the beautiful grounds and the blues of the ocean beyond. 

        

For additional info and Photos, CLICK HERE

This Villa looks like it's brand new because it is! Recently upgraded with all new furniture and decor this year and it is just picture perfect! 
For other quotes, send me a note and I'll let you know what we have open. Check Availability  

#7 Ocean Tower 314 - 2 BR With Sunsets & Partial Ocean Views 


Ocean Tower 314 is our most affordable villa and is currently priced as low as $275 / Night for a total of $2,495 including all taxes, parking and fees for some remaining dates. Prices range from $2,295 to $2,999 plus taxes and fees depending on the dates and season. You'll love the Openness of the living area & lanai as you relax at sunset. 

For additional Pictures & Info CLICK HERE

#8 Ocean Tower 621 - 2 / 3 BR With Luscious furnishings and Ocean Views with Sunsets Galore.
This is a recent addition to our offerings and has great availability right now for summer and fall months. It offers the option of 2 bedrooms 2 baths and occupancy of 6 ( Queen Sized Hideabed in the living room ) or 3 bedrooms and 3 Baths with Occupancy of 8.
 


Prices for 7 nights range from 2,395 to 2,795 2 BR Set up or 2,595 to 2,995 for 3 BR Set up plus taxes & fees.
To view additional pictures & more information on
Ocean Tower 621  CLICK HERE

Common Elements and Area Views     
The signature Gourmet kitchens, granite counters and fabulous appliances are similar in all of the units along with the pocket glass doors that retract inside the walls to maximize your views. 


           

The finish of each unit is very similar with minor differences in decors as each of the owners have added their own personal touches. Prices vary for the various units and the quoted prices include parking, internet and cable, all taxes,check ins and cleaning fees. For more information about availability or other questions, please contact me at  Email questions   . All units are quoted with the total price including room rate, fees and taxes based on a 7 night stay. Longer stays are available, but there is a minimum 7 night stay. Prices are subject to change without notice and the prices quoted are base prices and may vary based on holiday weeks or seasonal upcharges. 

   
 OT 801 ( #1), 1205 (#3), 301 (#5), 205 (#6)  Beach Tower 702 (#2) & 1001 (#4)
 
View from the Ocean

                  

Each of the units above have the photos from their Lanai's, & the pictures above are from the Architects Model to give you a feel of the Beach tower and Ocean tower as well as the locations within them. The Beach Tower is the building closest to the beach and the Ocean Tower is the building toward the back of the property with the views of the grounds & the ocean. I am very familiar with each of these properties & as a resident of Ko Olina, can assist you with other information about the area also.

In a recent development, due to a dispute between the Home Owners Association and the owner of the Commercial Apartment where the Fitness Center is located, the fitness center is currently  unavailable until a meeting of the minds can be reached.  I do hope that will be remedied, but at this point the sides are far apart, and I doubt that it will be worked out in the near future. Unless you were planning on being able to use exercise machines while you are out here, I doubt you would notice the difference, but it is something that was available and currently is not so I wanted to make you aware of that and if there is a change I will update the website.

So let me know if you see something you like. I am a licensed REALTOR in the State of Hawaii and have an ownership interest in OT 801, OT 301, OT 621 and BT 702 and live and work in Ko Olina. I like to think of myself as an excellent resource if you find yourselves curious about Ko Olina real estate as an investment opportunity as well. If you would like to learn more about the different neighborhoods in Ko Olina, you might enjoy this link also: Ko Olina residential Neighborhoods

I look forward to hearing from you!
Mahalo!

Michael Hege' RA 
Kapolei Realty, Inc
www.HomesOahuHawaii.com
www.KapoleiToday.com
Mhhege@aol.com
(808) 225 3660  

 

 

 

 

 

 

 

 

 

 

 

 

     

18th Floor Wailana Fee Simple only $550,000 -                        CLICK HERE

Enjoy this page to not only take a look at this great listing at the Wailana, but to also search all available condominiums in the Honolulu / Waikiki area. Searches are at the end of the article. Sroll down to the bottom of the article and find several links that are one click links for your searches.

To take a look at the Headline Property at Wailana CLICK HERE

If you would like to contact me for more personalized information CLICK HERE

The first time you come into Honolulu, I don't think you can help being taken by the towering high rise buildings. Like so many chess pieces on an urban board, they each have their signature look and prestigious addresses in bold on the faces of the buildings. Names like Moana Pacific, Hawaiki Tower and Wailana at Waikiki are passed on the streets but the real pleasure is when you have the chance to enter them.         
                 
The views from these architectural marvels are fabulous and present urban living at it's finest. Once inside the buildings, it is easily understood why so many people call them home. With various levels of security and walking access to some of the most popular areas of town they are communities within themselves.

                      

When I listed the property at Wailana, I easily met several residents who chatted a bit with me about how they loved the building. I'm sure there is a certain amount of pride with each buildings inhabitants, but I was struck by the common theme of the conversations I had with them as to their delight to live there. I think the great feature of the Wailana is her location. Straddling one of the most vibrant intersections in Waikiki, there are dozens of restaurants and shops within a short walking distance from your door. The amazing Hilton Hawaiian Village and the impressive Hale Koa Hotels are across the street with the large open spaces of Fort DeRussy park also on the other side of the street. 

                                
The building is a long single lode building with open hallways, which allows for good cross ventilation. There is central air conditioning for warmer days. There is a popular 24 hour restaurant at the street level, the Wailana coffee shop, which can be accessed through the lobby. There are several other commercial units on the 4th level, above the parking structure. Security includes passkey, elevator passkey and security guard.

With 24 stories and 186 units it is large enough to make several friends but not too large to be lost in the crowds. There are leasehold and fee simple units available with the lease expiration date in 2039. 

Several of the properties have been remodeled and upgraded while others can be remodeled to your own personal taste or enjoyed the way they are.

                 

.

For a quick search of available properties at The Wailana at Waikiki and other available Condos in the Waikiki area here are some links to follow:

Waikiki Condos $300K to $650K

Waikiki Condos $650K to $1MM

Waikiki Condos $1MM to $2.5MM

Waikiki Condos $2.5 MM and up

If you would be interested in having some searches customized for you, let me know and I can set up about anything you'd like. Click here to leave me a message

I look forward to hearing from you!

Aloha



Michael Hege' RA
Kapolei Realty, Inc
(808) 225 3660

    
              

      92-1323 Hauone Street - Makakilo HI 96707 MLS # 1105424

This property has just gone onto the market and is an executive style home that shows like brand new construction. Large oversized garage, drive way parking if desired, landscaped in front and back this is a very comfortable home in immaculate condition with phenomenal views with a wonderful floor plan. Take a look and see what you think. Offering price is $1,249,000 and is less than $360/ sq foot with a perimeter lot!

           

Just up the hill from Kapolei in the cliffs of Makakilo, this home is a great place to start the day whether you are heading into Honolulu or heading into Kapolei or Ko Olina. 
 
    Enjoy incredible coastal views from Diamond Head to Ko Olina.
    

Imagine being almost anywhere in the house and having views of Diamond Head, Waikiki and Honolulu, the Leeward Coast & everything in between, not to mention the sheer expanse of the ocean.
 
 

This 9,000 foot lot is one of the best view lots Makakilo has to offer and has over 3,500 feet and 2,300 feet of lanais with panoramic views. Property has been completely remodeled and shows like a new home.  For a quick glimpse of the entire property inside and out, take a look at this Photo Slide Show. 
         
              CLICK HERE FOR VIRTUAL TOUR

   


Walk into a vaulted living room with a generous supply of windows each fitted with plantation shutters. As you head into the main house...

  


                                 




You will be pleased with the natural wood floors, tile work and exceptional cabinet and appliance choices in the gorgeous kitchen. This living area is wide open and you can be in the kitchen, talking with folks in the living room with a view of the entire leeward coast. 

          

Step out onto one of 2 full width covered lanais and enjoy the view! 

   
This first floor room is a 4th bedroom, study or play room. Attached bath makes it a great room!

          

An open stairway leads to the 3 huge suited bedrooms, 2 of which open out onto the 2nd floor Lanai with full ocean views from each.

           

You'll love the master bath... 



                   

If you'd like some more information on this property or to arrange a private showing, give me a call at (808) 225 3660 or send me an email by CLICKING HERE

This is simply a remarkable home and is perfect for entertaining, enjoying the 3,500 feet of interior space or just enjoying the comforts and view. Property is being offered at $1,249,000 and is easy to see with an appointment. Here are a few more pictures and I look forward to hearing from you. 

If you would like to know about other comparable homes in Kapolei/Makakilo, Click here

To view other Kapolei, Makakilo and Ko Olina Home Searches CLICK HERE

Here are a few more pictures...

  

  

   


   

Mahalo! 

 

Michael Hege' RA
Kapolei Realty, Inc,
808 225 3660
www.HomesOahuHawaii.com
www.KapoleiToday.com
mhhege@aol.com