There are currently 2 homes for sale in Diamond Head designed by Vladimir Ossipoff, Hawaii's most renowned mid century modern architect. Both have reduced in price and here's why each could be a great buy in this market.
1. Ossipoff Home on Diamond Head Circle
Mid Century Modern home (MLS # 201601000) on Diamond Head Circle
The listing at 3703 Diamond Head Circle is now $3,688,000. It's been on and off the market now for over 2.5 years with different Realtors and started as high as $7,250,000. I also wrote about the activity on Diamond Head Circle 2 years ago and it was listed at $5.9 million then. Another factor that makes this a great deal is 3735 Diamond Head Circle finally sold for $6,900,000. It's just a few doors over and was in better shape, however it traded at nearly double the price!
2. Ossipoff Home on Kaikoo Place
Ossipoff Home (MLS # 201606007) at 4329 Kaikoo Place
Although not necessary "mid century", this is definitely one of Ossipoff's more "modern" works built in 1994 (just a few years prior to him passing). This one has also been on and off the market for a number of years and listed as high as $5.2 million. Considering this also had a recent comp a few doors down with 4347 Kaikoo Place selling for $4,875,000, it's now a great buy for $3,995,000.