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Experience unparalleled luxury on this stunning 32-acre estate lot nestled on the North Shore of Kauai. Boasting breathtaking views of both the Pacific Ocean and majestic mountains, this property offers the perfect canvas for your dream home or agricultural pursuits. The lush, rolling terrain provides unmatched beauty and privacy, making it an ideal location for an estate home or agricultural estate. Additionally, this property is situated in the dry zone, ensuring a favorable climate year-round. Don’t miss this opportunity to own a piece of paradise with gorgeous ocean and mountain views. For more photos and details, go to MLS 710207. The post Stunning 32-Acre Estate Lot on Kauai appeared first on Hawaii Real Estate Market & Trends | Hawaii Life.
Tucked away in absolute seclusion, this expansive estate spans 3.5 acres and offers complete privacy and Bali-style luxury.
With breathtaking views of Mt. Namahana as a picturesque backdrop, the 4502 sqft main residence offers four bedrooms and three and a half baths.
The grand 1750 sqft great room, which includes a spacious gourmet kitchen, inviting living area, and elegant dining space, serves as the perfect venue for entertaining guests and large family gatherings. The separate bedroom suites are connected by open covered breezeways, leading to an outdoor living room-style lanai.
Designed to embrace the tropical lifestyle, the residence offers extensive outdoor covered living areas and capitalizes on the refreshing tradewinds.
Outside the great room, the infinity-edged salt-water pool and spa adorned with imported greenstone tiles create a captivating centerpiece, surrounded by over 3000 sqft of ipe decking and expansive outdoor covered living spaces.
The spacious multi-purpose open living area downstairs is currently used as a gym. Additional features include an oversized two-car garage, air conditioning and a private detached “writer’s cottage.”
Distinguishing itself within the neighborhood, the house is meticulously framed with termite-resistant tropical hardwoods throughout. The home features a brand new cedar shake roof, complemented by copper gutters and rain chains. Lava stone accents adorn the exterior, while custom-carved stone art pieces are integrated into carefully selected areas of the home.
Breathtaking tropical landscaping and water features complete the atmosphere.
The short drive to Kilauea town offers numerous amenities and conveniences. World class golf is just a few minutes away in Princeville. Famed Hanalei Bay and countless breathtaking beaches and surf spots are also easily accessible from this ideal location on Kauai’s North Shore. This is arguably one of the finest properties in Kalihiwai Ridge and the entire North Shore.
4122 Rooke Place is an expansive and luxurious sanctuary nestled in the heart of Princeville on Kauai’s North Shore. Set in a quiet and desirable cul-de-sac, this beautiful oasis showcases a thoughtfully designed 3,900 square foot floor plan that offers both elegance, and functionality.
Interior features include 5 air-conditioned bedrooms and 4 full baths, while outdoor highlights consist of a gunite saltwater pool with outdoor shower, and a large hot tub, all perfect for relaxation and entertaining. Four of the bedrooms are conveniently located on the first floor surrounding the gorgeous grand foyer with striking chandelier overhead.
Note the quality of craftsmanship as you ascend the broad staircase to the heart of the home; the dramatic second story ‘great room’ features an open plan kitchen, dining, and living room all set to overlook the fully manicured and private grounds. With the home’s ideal orientation to the west, stunning views of Kauai’s sunsets and mountains, including that of the iconic Bali Hai, fill these generous living spaces and tranquil lanais.
Another incredible feature of this property is how the backyard flows seamlessly into Emmalani Park, offering 3 additional acres of peaceful green space to enjoy while creating additional privacy. The vibrant and lush yard is a fruit-lovers dream with bananas, key limes, lemons, navel oranges, and honey tangerines!
Located in the Visitor Destination Area (VDA), this property offers the opportunity to be used as a short-term rental and currently operates as a highly successful vacation rental.
From this ideal location, enjoy the convenience of world-class golfing, beaches, surfing, tennis, hiking, biking and the shopping and dining amenities of the One Hotel at Hanalei Bay, and the Princeville Shopping Center. Also, the quintessential surf town of Hanalei and its iconic crescent beach are only a short drive down the road!
For more photos and details, including a link to a 3D virtual tour, please go to MLS 708499.
The post Luxurious Sanctuary in the Heart of Princeville appeared first on Hawaii Real Estate Market & Trends | Hawaii Life.
The first quarter of 2024 on Kauai saw a very noticeable uptick in activity. Sales volume increased significantly, jumping to a quarterly island wide, residential sales volume of $204.7M during Q1 of 2024 compared to $126.4M during the final quarter of 2023 and only $85M during Q1 of 2023. Similarly, North Shore sales volume for residential properties jumped to $84.6M from $35.7M during the preceding quarter and only $20.1M during Q1 of 2023.
These significant jumps in sales volume have also been accompanied by modest increases on the number of sales. The 87 residential sales we saw during Q1 of 2024 are greater than the 79 sales from Q4 2023 and markedly greater than the 67 during Q1 of 2023. North Shore residential sales also jumped, with 27 residential sales during the period compared to 12 in the preceding quarter and 10 during Q1 of 2023.
Interestingly, the upticks in overall market activity have been supported by the residential segment and in particular the residential segment of the Hanalei and Koloa districts. Anecdotally, residential homes in the resort communities of Poipu and Princeville have been driving the market activity within these districts.
If you’d like to explore the numbers a bit deeper, check out the market snapshot below for Q1 2024, or via the following links for enlarged versions – Kauai Snapshot Q1 2024
Monthly Sales and Median Price Statistics
The below chart depicts monthly sales and median prices for both the entire island and the North Shore. The last three month period saw the second largest total number of island wide residential sales (second to April through June of 2023) over the past 13 months. For the North Shore, the past three months represented the the busiest three month stretch over the 13 month period.
Kauai Monthly Residential # of Sales and Median Prices, 13 Month Series
Long-Term Quarterly Median Sales Price Trends
Values remain high, but the increased variability of the median sales prices over the past several quarters continues. This degree of variability is not surprising with such a small sample size as we see in our Kauai market. Both the North Shore and island wide price trends continue to be more or less steady since the start of 2022.
Kauai Quarterly Residential Median Prices, 2oo7 to 2024
Kauai Top Producing Agents by Sales Volume, Q1 2024
The post Kauai Market Update ~ Q1 2024 appeared first on Hawaii Real Estate Market & Trends | Hawaii Life.
This just-remodeled, contemporary plantation-style residence in Kilauea exudes elegance and seclusion, boasting 3 bedrooms, 4.5 bathrooms, and captivating ocean views.
A gated entrance leads to a porte cochere and circular driveway, and the home sits on a sprawling two acres, with manicured lawns, fruit trees, and lush tropical gardens. Inside, spacious rooms with vaulted ceilings await, complemented by a generous lanai off the great room. Encircling the home, a covered brand new ipe deck provides numerous indoor/outdoor living areas and multiple vantage points for admiring ocean panoramas.
The recently remodeled double island kitchen, adorned with custom red birch wood cabinetry and caeserstone countertops, boasts contemporary design and functionality, complete with chef-grade appliances and abundant storage. Imported pendant lighting illuminates the living spaces, while a gas fireplace, two-car garage, and split-system air conditioning throughout the home ensure comfort and convenience.
Other remodel upgrades include completely remodeled bathrooms, resurfaced hardwood flooring throughout, new ipe decking, and more. Adjacent to the main dwelling lies an accessory building housing a two-car garage/workshop, and a fenced-in garden area. Ideally positioned on Kauai’s scenic north shore between Princeville and Kilauea town, this property offers proximity to shopping, dining, farmer’s markets, and beaches in both directions.
For more photos and details, go to MLS 707710.
The post This Kilauea Home Exudes Elegance and More appeared first on Hawaii Real Estate Market & Trends | Hawaii Life.
