When you think about luxury real estate on Oahu, Kahala always comes to mind for most. It's where oceanfront homes have fetched over $20 million as far back as 1990. Most tear down homes anywhere in Kahala start just over $1 million. Did you know that you can get fee simple condos for under $500,000? Well you can....

Rainbow over Kahala Towers

Here's a photo I shot last week. Guess what is at the other end of that rainbow?

Kahala Towers is a sleeper of a building not many people think about. Although you can't miss it (it's right next to H-1 Freeway), it is in a super convenient location - across from Kahala Mall, walking distance to several public and private schools, a swimming pool, and ocean views from the higher floors are just some of the perks.

As of today, there are 4 on the market, with one having an accepted offer. In the past 6 months, 4 have sold. Prices of the 2 bedroom sales ranged from $394,000 - $442,000 and a 3 bed unit B1201 went for $580,000. If you're looking for a great location, Kahala is hard to beat.

Where is your Pot of Gold at the end of the rainbow?