If you're dreaming of waterfront living in East Oahu, specifically along the Hawaii Kai Marina, brace yourself: as of May 2025, only two true marina front single-family homes are on the market. With record-low inventory and continued buyer interest, the Hawaii Kai marina market is hotter than ever, and sellers are in an exceptional position.
In this post, we break down current listings, recent sales, and why now might be a smart time to list or act if you're looking to buy or sell a marina front home in Hawaii Kai.
🚪 What’s Currently Available on the Marina?
As of this month, there are just two true single-family homes listed directly on the marina:
🔹 1. Luna Kai
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Price: $3,000,000
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Size: 5 bedrooms / 3 bathrooms
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Notable: Renovated with direct boat dock access
🔹 2. Spinnaker Isle
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Price: $3,999,000
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Size: 8 bedrooms / 6.5 bathrooms
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Notable: Luxury remodel, top-tier finishes, marina-front lifestyle
A third property often misinterpreted as a single-family home is actually a cottage-style dwelling at the Peninsula, listed for $1.868M. It shares a tax map key with an attached unit, meaning it’s not technically a single-family home — a crucial distinction for serious marina home buyers.
📈 Recent Sales Show Rising Demand & Value
Even with low inventory, the marina front segment has stayed active over the past 6 months with high-value closings, including:
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🏠 Spinnaker Isle – Sold for $1.95M
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🏠 Mariners Cove – Sold for $2.66M
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🏠 Luna Kai – Sold for $3.45M
Currently, two marina homes are under contract, including:
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A home in West Marina listed at $2.888M
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A home in Marina West property listed at $5.5M — potentially one of the highest ever sold on the marina
These numbers highlight the rising value of waterfront homes — particularly those with private docks, wide water views, and easy access to Maunalua Bay.
💡 Why the Marina Market Is So Tight
Unlike other parts of Oahu where condo inventory is spiking (up over 50% year-over-year), marina front homes remain rare and in demand. Here’s why:
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✅ Limited number of true waterfront homes with private dock access
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✅ Boating lifestyle is highly desirable and unique to Hawaii Kai
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✅ Homeowners with 2–3% mortgage rates are holding, not listing
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✅ Renovated marina homes offer lock-and-leave luxury
For buyers, it means fewer options and competitive pricing. For sellers, it’s a golden moment to list while inventory is at rock bottom and pricing trends upward.
📞 Want to Buy or Sell a Marina Front Home in Hawaii Kai?
If you own a marina home and are considering selling, now is one of the strongest seller environments we’ve seen in years. And if you’re buying — navigating this market requires expert timing and local knowledge.
📲 Contact David E. Buck (RB-20368) at 808-371-3509
🏢 Harcourts Island Real Estate — Local Knowledge. Trusted Results.