Last year, there was an Alfred Preis home in Alewa Heights I wrote about that sold within 2 weeks.
This Alewa Heights home (MLS# 1108850) is now remodeled, CPR’d, and back on market for $1,100,000
Since then, the owner has decided to CPR the property, remodel the existing home, and sell off a vacant land portion (MLS# 1108851) for $495,000. Like any developer, they are in for profit as they paid $915,000 for the whole property last year.
What they are doing, however, is providing an opportunity for 2 new homeowners. One that gets a classic remodeled home, and the other, a blank slate to build in one of Honolulu’s long established ridge communities with fantastic ocean views and close proximity to downtown.
Alfred Preis was one of the most renowned mid-century architects in Honolulu and this is one of two opportunities to own one of his masterpieces in Honolulu. The other is a cool estate in Portlock. In addition, feel free to enjoy my page of mid-century modern homes for sale on Oahu.
If you are looking to buy or sell a mid-century modern home on Oahu, feel free to contact me for more information.