Jan. 10, 2020
As we head into the weekend for the final round of 2020 Sony Open this weekend on Oahu, it appears the players will be facing a lot more adverse conditions than the past few years.
Cloudy conditions for this year's Sony Open at Waialae Golf Course
Honolulu may/may not have a lot of sunshine this weekend, however the majority of the year we do and I'd like to take some time to feature the golf course homes on Oahu and in particular those fronting Waialae Golf Course where the event it held.
This year, we only have 2 listings fronting the course. One in Kahala and the other in Waialale Golf Course neighborhood:
1. Kahala Golf Course Home
This Kahala Home (MLS # 201904941) off Kealaolu Ave. is listed for $4,590,000
Originally listed for $5,275,000 this home is buffered by the canal - which can serve as a nice "protective moat" for golf balls ;) Built in 1986, this home is over 8,000 square feet under roof and has 6 bedrooms and 6 bathrooms. Although listed with another firm, the color scheme has definitely taken on Harcourts them of "Better in Blue" with lots of blue coloring throughout. This is a classic built prior to the 'Japanese Boom" of the 1987-1990 and situated at a great location.
Considering this prime 15,000 sq. ft. plus lot, which arguably could be $2-3 million, there's no way you could build a home that large today anywhere near there for replacement costs to stay under the asking, so could be a value play for someone looking to give it some modern updates....
2. Waialae Golf Course Home
This golf home (MLS # 201923670) is listed for $5.5 million
Facing the 11th fairway, this home on Waiholo Ave. was built in 2007 and remodeled in 2015 when it last sold for $5,663,000! The current owner would be taking a loss at this price. It has a similar lot size to the Kahala home, however is just over half the size at 4,224 square feet under roof. Someone could pick this up at a decent price. It's not too often you can buy something for less than 4 years prior...
Other Golf Course Homes on Oahu
If the $4-5 million it takes to purchase a home on Waialae Golf Course is over your budget (don't worry - you're not alone), there's a number of other Golf Course frontage homes on Oahu. Here's a page I built that features what is available. There's also some condo options as well. Feel free to contact me for more information if you're looking to buy or sell a golf course frontage home on Oahu.