Can you imagine owning a 2-bedroom, 2-bathroom oceanfront condo on Diamond Head’s iconic Gold Coast for 14% LESS than what it sold for 10 years ago? It sounds too good to be true — but it’s real!

Let’s talk about Unit 4B at the Kainalu, a hidden gem that just might be the best deal in Honolulu right now. If you’ve been dreaming of living by the beach in one of Hawaii’s most coveted neighborhoods, you’ll want to keep reading.

Kainalu Unit 4B: The Deal of the Decade

📍 Price: $1,490,000
📉 Price History: Originally listed at $2.27M in July 2024 — now $780K less
📊 14% Below 2015 Purchase Price

Kainalu at the End of Kalakaua Ave at Diamond Head

This stunning 2-bed, 2-bath oceanfront condo is located in The Kainalu, the last building on Kalakaua Avenue at the edge of Diamond Head. It’s rare to find any unit on the Gold Coast under $2 million, let alone one priced this aggressively.

In fact, most 2-bedroom oceanfront units in this area easily push past $2M, making this a true bargain for the right buyer.

Why The Kainalu is Special

The Gold Coast is known for its luxury oceanfront buildings, but The Kainalu stands out for a few key reasons:

🏝️ Direct Beach Access

Beachfront Access Between Kainalu and Seabreeze

Unlike many neighboring buildings that sit behind seawalls, The Kainalu has a small sandy beach out front. You can literally walk from your condo to the ocean, enjoy a swim, then rinse off at the outdoor shower.

🏡 Prime Oceanfront Units

The most coveted units at The Kainalu are the A, B, and C stacks, which offer direct, unobstructed ocean views. Unit 4B sits in this prime position — so your living room becomes your front-row seat to the Pacific Ocean.

🚗 Covered Parking

Parking can be a challenge in Waikiki, but this condo comes with one covered stall, adding extra convenience for residents.

Why It’s the Best Deal on the Gold Coast

In the past year, this unit went through several price drops:

• Original Listing Price: $2,270,000
• Reduced to: $1,780,000
• Final Price Cut: $1,490,000 (A $250K drop in one go!)

For oceanfront living in Honolulu, this kind of value is almost unheard of. If you’ve been holding out for a deal on the Gold Coast, this might be your chance.

Potential Downsides (and Easy Fixes)

No property is perfect, so it’s important to know the trade-offs:

• ❄️ No Air Conditioning — But you can install A/C in this building if desired.
• 🪟 One Bedroom Without Windows — While this might be a dealbreaker for some, others may see it as a perfect guest room or office space.

Considering the price point and location, these minor cons are easily outweighed by the oceanfront lifestyle you’ll be stepping into.

Is This the Right Property for You?

If you’re looking for:
✅ Oceanfront living in Diamond Head
✅ Direct beach access
✅ A 2-bedroom, 2-bathroom condo under $1.5M
✅ A rare value opportunity on the Gold Coast

... then Kainalu Unit 4B is worth a serious look.

Deals like this don’t come along often, and with rising prices across Oahu, this could be your chance to own a slice of paradise at a price point we might not see again.

📞 Want to schedule a showing or learn more? Call me at 808-371-3509, and let’s make your Gold Coast dreams a reality.

Final Thoughts: A Rare Opportunity on the Gold Coast

The Kainalu 4B listing is a reminder that incredible deals can still be found — even in one of Hawaii’s most exclusive neighborhoods. Whether you’re an investor, a second-home buyer, or someone who’s been waiting for the right moment to buy, this might be the opportunity of a lifetime.

Would You Buy an Oceanfront Condo for 14% Less Than 2015 Prices?

Drop a comment below and let me know — or reach out directly if you want to explore this deal! 👇

Introduction

Aloha! 🌺 The Oahu real estate market kicked off 2025 with some major shifts, from record-breaking home price increases to dramatic sales growth in key neighborhoods. Whether you’re looking to buy, sell, or invest, staying updated on the latest trends will help you make the best real estate decisions.

In this post, we’ll break down the biggest sales trends, highest price jumps, and what they mean for buyers and sellers in Hawaii’s real estate market.

North Shore Leads the Way in Home Sales Growth 🌊

📍 Sales up 125% (from 4 to 9 homes sold)

The North Shore of Oahu saw the biggest jump in single-family home sales in January 2025. A year ago, only four homes were sold, but last month, that number more than doubled to nine—a massive 125% increase!

Why the Surge in Sales?

✅ Increased buyer interest in beachfront properties 🏄
✅ More listings available compared to last year
✅ Strong demand for North Shore’s laid-back lifestyle

With demand soaring, North Shore real estate is heating up—buyers looking for a home in this area should act fast!

Waialae-Kahala Sees Record-Breaking Price Growth 💰

📍 Median home price up 49% (from $1.72M to $2.56M)

The Waialae-Kahala neighborhood experienced the largest price increase on Oahu in January 2025. The median home price jumped from $1,716,500 to $2,559,000—a 49% increase in just one year!

Why the Big Price Jump?

🔹 Luxury homes in high demand 🏡
🔹 Limited inventory pushing prices higher
🔹 A few lower-priced sales last year skewed previous numbers

If you own a home in Waialae-Kahala, now could be a great time to sell, as prices are reaching all-time highs!

Makaha to Nanakuli Leads in Condo Sales Growth 🏙️

📍 Sales up 75% (from 8 to 14 condos sold)

On the West Side of Oahu, the Makaha to Nanakuli area saw the biggest increase in condo sales, with transactions rising 75% year-over-year.

Why Are More Condos Selling Here?

✅ More affordable prices compared to Honolulu & Waikiki
✅ Buyers looking for ocean-view condos at lower prices 🌊
✅ Increased interest in West Oahu real estate

For buyers searching for affordable beachfront condos, Makaha and Nanakuli are becoming top choices.

Waialae-Kahala Condos See Highest Appreciation 📈

📍 Median condo price up 34% (from $655K to $875K)

Not only did Waialae-Kahala homes see the biggest price increase, but condos in this luxury neighborhood also saw a massive 34% jump in value. The median price rose from $655,000 to $875,000 in just one year!

Why Are Condo Prices Rising Here?

🔹 Luxury condo demand increasing
🔹 Limited inventory driving up prices
🔹 Buyers looking for a high-end alternative to single-family homes

For those considering buying a luxury condo in Oahu, Waialae-Kahala remains one of the most exclusive and desirable areas.

What Does This Mean for Buyers & Sellers?

📌 For Sellers:
✔ Home prices are rising—especially in luxury neighborhoods like Waialae-Kahala.
✔ Demand is strong, but inventory is increasing in some areas—now is a great time to sell!
✔ If you're considering listing your home, let's talk! 📞 808-371-3509

📌 For Buyers:
✔ North Shore and West Oahu offer great buying opportunities—but homes are selling quickly!
✔ Luxury home and condo prices are climbing, so if you're looking in areas like Waialae-Kahala, it's best to act sooner rather than later.
✔ More condos are available in Makaha & Nanakuli, making them great options for buyers looking for affordability and ocean views.

Final Thoughts: Oahu’s Market Is Shifting—Are You Ready?

The January 2025 real estate market update shows big opportunities for both buyers and sellers. With home prices rising, inventory shifting, and sales increasing, staying informed is key to making smart real estate decisions.

📞 Thinking about buying or selling? Call me at 808-371-3509 for expert real estate advice!

What’s Your Take on the Market?

Drop a comment below! Are you looking to buy, sell, or invest in Oahu real estate this year? 👇

Can you believe we’re already in February? 🌺 As we step into 2025, the Oahu real estate market is showing some interesting trends. Home prices are rising, inventory is increasing, and condos are taking longer to sell—but what does this mean for buyers and sellers?

In this blog post, we’ll break down the latest housing market statistics, analyzing trends in single-family homes and condos across Oahu. If you’re thinking about buying or selling in Hawaii, this update will give you key insights to make informed decisions.

Single-Family Homes: Prices & Sales Are Up! 🏡📈

The Oahu single-family home market remains strong, with prices and sales increasing year-over-year.

📊 Key Stats for January 2025:
✔ Number of Sales: Up 6.5% (196 homes sold) compared to 184 sales in January 2024.
✔ Median Home Price: Up 9.7% from $1,021,016 to $1,120,000.
✔ Days on Market: Homes are selling faster, dropping from 29 days to 25 days (a 13.8% decrease).
✔ Inventory: More homes are available, with a 20.9% increase in active listings (607 homes last year vs. 734 homes today).

What This Means for Buyers & Sellers

📌 For Buyers: More inventory means more choices! However, prices are rising, so waiting too long could mean paying more.
📌 For Sellers: Homes are selling quickly and at higher prices—but with more inventory hitting the market, competition is growing.

Oahu Condo Market: More Inventory, Longer Sales Times 🏙️

The Oahu condo market is following a similar trend, with sales and prices increasing—but condos are taking longer to sell.

📊 Key Condo Stats for January 2025:
✔ Number of Sales: Up 6.8% (312 condos sold) compared to 292 sales in January 2024.
✔ Median Condo Price: Up 7.4% from $502,500 to $539,500.
✔ Days on Market: Condos are taking longer to sell, increasing 34.5% (from 29 days to 39 days).
✔ Inventory Surge: Condo listings increased by 54.9% (1,348 condos last year vs. 2,098 condos today).

What This Means for Buyers & Sellers

📌 For Buyers: More inventory means more choices and better negotiating power! Now could be a great time to buy.
📌 For Sellers: With so many condos on the market, standing out is crucial. Pricing your unit correctly and having a strong marketing strategy will be key.

Final Thoughts: Should You Buy or Sell in 2025?

The Oahu real estate market remains strong, with rising prices and increased inventory. Whether you’re a buyer looking for the perfect home or a seller thinking about listing your property, now is the time to act.

📞 Have questions about the market? Call me at 808-371-3509 for expert real estate advice!

What Do You Think About the 2025 Market Trends?

Drop a comment below and share your thoughts on where Hawaii’s real estate market is heading! 👇

Can you believe it? There’s not a single condo for sale at The Watermark in Waikiki right now! 😲 This luxury condo building, known for its resort-style amenities and prime location, has become one of the hottest properties in Honolulu’s real estate market.

In this blog post, we’ll dive into why inventory is so low, recent sales trends, and what this means for buyers and sellers. If you’re thinking about investing in Waikiki real estate, now is the time to pay attention!

The Watermark Waikiki: A Sought-After Luxury Condo

📍 Location: 1551 Ala Wai Blvd, Honolulu, HI
🏡 Building Type: Luxury High-Rise
💎 Units: 212 total residences

The Watermark is one of Waikiki’s most exclusive condo buildings, offering:
✅ Resort-Style Living – Heated infinity pool, lush tropical gardens, and top-tier amenities.
✅ Prime Location – Steps from Ala Moana Beach Park, Waikiki Beach, and Ala Moana Shopping Center.
✅ Luxury Residences – Spacious floor plans, high-end finishes, and breathtaking ocean & city views.

Given its desirable location and upscale lifestyle, it’s no surprise that The Watermark remains in high demand.

Market Update: No Listings Available! 🚨

If you’re currently looking to buy a condo at The Watermark, you might be in for a challenge. As of today, there are ZERO units for sale in the building.

📊 Recent Sales Data:
🔹 Only 3 units sold in the past six months
🔹 15 total sales in the last year
🔹 Two-bedroom condos sold between $965K – $1.51M
🔹 One recent three-bedroom sale just under $2M

This sharp decline in available inventory suggests that homeowners are holding onto their properties, and buyers are snapping up available units quickly.

Why is Inventory So Low?

There are a few key reasons why there are no listings at The Watermark:

1️⃣ High Demand, Low Supply – Waikiki remains one of the most desirable places to live, and buyers are eager to secure a home in a luxury building like The Watermark.
2️⃣ Rising Property Values – Condo prices continue to climb, making many owners hesitant to sell, hoping for further appreciation.
3️⃣ Prime Location & Lifestyle – Residents love The Watermark’s resort-style amenities, ocean views, and walkability, making it a hard place to leave.

If you’re a buyer, this means you need to act fast when a unit becomes available. If you’re a seller, this is a fantastic opportunity to list your property at top dollar while competition is low!

Thinking About Selling at The Watermark? Now is the Time!

With zero inventory and strong buyer demand, now is an ideal time to sell your condo at The Watermark.

💰 Why List Now?
✅ Less competition – You’ll stand out in a seller’s market.
✅ Strong sale prices – Recent sales have closed near or above asking price.
✅ Buyers are waiting – Many buyers are searching for units at The Watermark but can’t find one!

If you or someone you know is thinking about selling at The Watermark, contact me today at 808-371-3509 to discuss your options!

Final Thoughts: A Hot Market with No Inventory

The Watermark Waikiki remains one of the most coveted condo buildings in Honolulu, and the lack of available units proves just how in-demand this property is. Whether you're a buyer waiting for a unit to hit the market or a seller looking for the perfect opportunity to cash in, now is the time to stay informed and act quickly.

📞 Need expert advice on buying or selling in Waikiki? Call or text me at 808-371-3509 for a market consultation.

Would You Buy a Condo at The Watermark?

Drop a comment below and let me know if this building is on your real estate wish list! 👇

Aloha! 🌺 If you’ve ever dreamed of owning a luxury home in Honolulu, the neighborhoods of Black Point, Diamond Head, and Kahala are among the most prestigious addresses in Hawaii. With breathtaking oceanfront views, private gated communities, and multimillion-dollar estates, these areas represent the pinnacle of Oahu’s luxury real estate market.

In this blog post, we’ll take a walking tour through these three exclusive neighborhoods, showcasing some of the most iconic homes, historic estates, and recent listings. Whether you're a luxury homebuyer, real estate investor, or just love admiring stunning Hawaiian properties, this tour is for you!

1. Black Point: A Private Oceanfront Enclave

📍 Gated community | Oceanfront estates | Historic homes

Our tour begins in Black Point, one of Honolulu’s most private and exclusive neighborhoods. Nestled on the slopes of Diamond Head, this gated community features stunning cliffside homes with panoramic views of the Pacific Ocean.

Notable Homes in Black Point

🏡 4101 Black Point Road – Built in 1930, this charming bungalow offers incredible ocean views with a cozy, historic feel.
🏡 4157 Black Point Road – A 4,000+ sq. ft. oceanfront estate, originally built in 1921, boasting direct water access and unparalleled sunsets.

What Makes Black Point Unique?

✅ Gated Community: Residents enjoy privacy and security in this exclusive neighborhood.
✅ Historic Architecture: Many homes date back to the 1920s and 1930s, blending old Hawaiian charm with modern luxury.
✅ Unmatched Views: Clifftop homes offer breathtaking panoramic ocean views, making Black Point one of the most sought-after locations in Hawaii.

If you’re looking for a private escape with stunning oceanfront views, Black Point is an excellent choice.

2. Diamond Head: The Crown Jewel of Honolulu

📍 World-famous landmark | Luxury estates | Beachfront properties

Next, we head to Diamond Head, one of Hawaii’s most iconic locations. Known for its volcanic crater and upscale homes, Diamond Head offers a mix of historic estates, modern mansions, and beachfront residences.

Key Landmarks in Diamond Head

🏡 Doris Duke’s Estate (Shangri La): A 20,000 sq. ft. mansion built by the tobacco heiress, now a museum showcasing Islamic art.
🏝️ Cromwell’s Beach: A hidden gem near Doris Duke’s estate, offering a secluded beach experience with crystal-clear waters.

Exclusive Homes in Diamond Head

🏡 Sands of Kahala – A gated community with only four homes, each featuring split-level designs and private swimming pools.
🏡 27 Million Dollar Modern Mansion – One of the most luxurious homes in the area, setting the bar for ultra-high-end real estate.

Why Live in Diamond Head?

✅ Unbeatable Location: Minutes from Waikiki, Kapiolani Park, and the ocean.
✅ Luxury and Privacy: Spacious estates with private beach access and high-end amenities.
✅ Scenic Beauty: Homes here offer breathtaking views of Diamond Head, the ocean, and Waikiki’s skyline.

For those who want a prestigious address with stunning views and proximity to the beach, Diamond Head is the ultimate dream location.

3. Kahala: Hawaii’s Beverly Hills

📍 Ultra-luxury estates | Oceanfront mansions | Prestigious community

Our final stop takes us to Kahala, often referred to as the "Beverly Hills of Hawaii." This exclusive neighborhood is home to some of the most expensive real estate on Oahu, including oceanfront estates that have sold for over $20 million.

Luxury Homes in Kahala

🏡 9.2 Million Dollar Home (Mauka Side) – A stunning property showcasing modern design and spacious interiors.
🏡 3.8 Million Dollar Home (Ocean Side) – A more affordable yet luxurious option with proximity to the beach.
🏡 The Hemmeter Estate ($65 Million) – One of the most expensive homes in Hawaii, recently under contract.

Why Choose Kahala?

✅ Exclusivity: Home to celebrities, business moguls, and high-profile residents.
✅ Expansive Lots: Unlike many Honolulu neighborhoods, Kahala offers larger estate-style properties.
✅ Beachfront Living: Many homes sit directly on the sand, providing unmatched oceanfront luxury.

If you’re looking for the ultimate luxury lifestyle in Hawaii, Kahala is where you’ll find it.

Final Thoughts: Is One of These Neighborhoods Right for You?

Each of these three neighborhoods—Black Point, Diamond Head, and Kahala—offers a unique blend of luxury, privacy, and breathtaking ocean views. Whether you prefer the secluded cliffs of Black Point, the iconic beauty of Diamond Head, or the ultra-luxury estates of Kahala, there’s a dream home waiting for you in Honolulu.

🏡 Looking to buy or invest in luxury real estate? Contact me at 808-371-3509 for expert advice on finding your perfect home in paradise!

Which Neighborhood is Your Favorite?

Drop a comment below and let me know which of these luxury communities caught your eye! 👇

Aloha! 🌺 If you're looking for high-rise living in the heart of Honolulu, Kapiolani Boulevard offers some of the best condo options on Oahu. Nestled near Waikiki, The Ala Wai Canal, and the University of Hawaii at Manoa, this vibrant neighborhood is home to a mix of luxury, mid-range, and classic condominiums that cater to various lifestyles and budgets.

In this blog post, we’ll take you on a walking tour of the top condo buildings in the Kapiolani neighborhood in MLS showcasing their amenities, architecture, and history. Whether you're searching for a new home, an investment property, or just love Hawaiian real estate, this guide has everything you need to know!

1. Marco Polo: A Classic Honolulu Landmark

📍 572 units | 36 stories | 1, 2 & 3-bedroom condos

Our tour starts at Marco Polo, one of Honolulu’s most recognizable condo buildings. Known for its curved architecture, Marco Polo offers stunning views of both Mānoa Valley and Waikiki.

What Makes It Unique?

✅ Historic Building: Known for a major fire years ago, the building has since been renovated.
✅ Exclusive Amenities: Walking path, swimming pool, basketball court, and rare on-site retail spaces.
✅ Prime Location: Easy access to Ala Wai Canal, University Avenue, and Waikiki.

If you're looking for a spacious condo with a great location, Marco Polo is a fantastic option.

2. Ala Wai Plaza & Ala Wai Plaza Skyrise

📍 Ala Wai Plaza: 349 units | 25 stories
📍 Ala Wai Plaza Skyrise: 206 units | 38 stories

Next up, we explore Ala Wai Plaza and its twin, Ala Wai Plaza Skyrise. These buildings are well-known for their two-story condo layouts, a rare feature in Honolulu high-rises.

Why You’ll Love It Here

✅ Unique Two-Story Layouts: Unlike most condos, these units offer a loft-style living experience.
✅ Proximity to Nature: Just steps from Ala Wai Canal and local parks.
✅ Spacious Common Areas: Includes a swimming pool, fitness center, and pedestrian bridges connecting different sections of the property.

These buildings offer modern comforts with a unique design, making them a top choice for residents.

3. Royal Iolani: Twin Towers with Luxury Amenities

📍 296 units | 39 stories | 1, 2 & 3-bedroom condos

Located near Iolani School, Royal Iolani features two twin towers with panoramic views of Diamond Head, Ala Wai Canal, and the ocean.

Key Features

✅ High Security & Concierge Service – Feel safe with 24/7 security and package delivery services.
✅ Resort-Style Amenities – Pool, barbecue areas, EV chargers, and covered parking.
✅ Prime Location – Just minutes from Ala Moana Shopping Center & Waikiki Beach.

If you’re looking for high-end condo living in Honolulu, Royal Iolani is an excellent choice.

4. Iolani Court Plaza & Regency Tower: Classic Honolulu Condos

📍 Iolani Court Plaza: 347 units | 38 stories
📍 Regency Tower: 238 units | 42 stories

Both Iolani Court Plaza and Regency Tower offer affordable yet spacious condos in Kapiolani. These buildings are ideal for first-time homebuyers and investors, featuring:

✅ Convenience Stores On-Site – Perfect for quick shopping trips!
✅ Studio, 1 & 2-Bedroom Units – Affordable housing options in Honolulu.
✅ Great Amenities – Swimming pools, sauna, and barbecue areas.

For those who want a balance of affordability and convenience, these condos are worth checking out.

5. Kuilei Place: Honolulu’s Future Luxury Condo 🏗️

📍 New Development | Completion in 2027

One of the most exciting new projects in Kapiolani is Kuilei Place, developed by the Kobayashi Group. This high-rise will offer modern, high-end residences with breathtaking Diamond Head views.

🏡 Want to be among the first to live here? Stay tuned for updates on pricing and availability!

Final Stop: Kapiolani Gardens

📍 73 units | 17 stories | 2-bedroom condos

Our final stop is Kapiolani Gardens, a cozy and well-maintained mid-rise condo. With only 73 units, this building offers a quieter living experience compared to some of the larger towers.

Why Choose Kapiolani Gardens?

✅ All units are 2-bedroom, 1-bathroom – Ideal for small families or roommates.
✅ On-Site Pool & Car Wash – Small but valuable amenities for residents.
✅ Peaceful Community – A less crowded alternative to bigger high-rises.

If you prefer a more intimate condo experience, Kapiolani Gardens is a hidden gem.

Final Thoughts: Is Kapiolani Right for You?

Kapiolani Boulevard offers a diverse selection of condos, from historic buildings like Marco Polo to brand-new luxury developments like Kuala Place. Whether you're searching for investment opportunities, a first home, or a high-rise with resort-style amenities, this neighborhood has something for everyone.

🏡 Thinking about buying a condo in Kapiolani? I’d love to help! Contact me at 808-371-3509 for personalized recommendations and real estate advice.

What’s Your Favorite Kapiolani Condo?

Drop a comment below and let me know which building caught your eye! 👇

Thinking of buying a condo in Oahu? 🌺🏝️

Before you dive into paradise living, it’s crucial to understand the hidden costs -especially maintenance fees. These fees, also known as "strata fees" in Canada and Australia, can vary significantly depending on the building, amenities, and location. In some cases, they can be as low as $500 per month, while luxury properties in Hawaii can exceed $10,000 per month!

In this guide, we’ll break down everything you need to know about maintenance fees in Oahu, including:

✅ How much they typically cost

✅ What they include

✅ Which buildings have the highest fees

✅ And how to find the best value for your money

How Much Are Condo Maintenance Fees in Oahu?

According to recent data, there are 2,139 active condo listings on Oahu. Here’s the breakdown of maintenance fees across these properties:

• 10% have fees of $500 or less
• 51% range between $500 – $1,000
• 23% cost between $1,001 – $1,500
• 6% fall in the $1,500 – $2,000 range
• 3% are $2,001 – $2,500
• 2% are $2,501 – $3,000
• 2% are $3,001 – $3,500
• 2% exceed $3,500+

The lower-priced condos typically include studio and one-bedroom units, while larger and more luxurious properties demand higher fees.

What’s Included in Oahu Condo Maintenance Fees?

Most condo maintenance fees in Hawaii cover essential services, including:

✅ Water & Sewer – Included in almost every condo fee

✅ Hazard Insurance – Protects the building from damages

✅ Common Area Maintenance – Upkeep of pools, gyms, landscaping, elevators, etc.

✅ Trash Collection – Unlike in Canada, where this is paid separately

Beyond these basics, some buildings offer premium perks such as:

✨ Cable & Internet – Included in some newer developments

✨ Electricity – A rare but valuable inclusion

✨ Luxury Amenities – One high-end condo called Uraku Tower even include limousine services & weekly maid cleaning! 🚗💎

One unique feature of some Oahu condos, particularly co-ops on the Gold Coast, is that property taxes are included in maintenance fees. This means you own shares in the corporation rather than the property itself, which affects tax payments.

The Most Expensive Condo Fees in Oahu

For those dreaming of high-end luxury living, be prepared for hefty maintenance fees. Here are the priciest ones on the island:

🏢 Waiea Townhouse – $10,000/month 🌟 (A $13 million property!)

🏢 Ritz-Carlton Penthouse – $9,000/month

🏢 Trump Tower Waikiki (Now Kalai) – $2,000 – $3,000/month for 1-2 bedroom units

If you’re looking at condo-hotels (condotels), expect to pay significantly more than a traditional condo due to added services like housekeeping, concierge, and resort-level amenities.

How to Find the Best Condo for Your Budget

When shopping for an Oahu condo, consider:

✔️ The size & location – Newer, more luxurious areas like Ward Village in Kakaʻako tend to have higher fees

✔️ The amenities – Do you really need a rooftop infinity pool? 🌊🏊‍♂️

✔️ Fee structure – Some buildings charge per square foot (e.g., $1.10/sqft → $1,100/month for 1,000 sqft unit)

If keeping maintenance fees low is a priority, look for buildings with fewer amenities and compare what’s included before making a decision.

Final Thoughts: Are High Maintenance Fees Worth It?

For some, high maintenance fees are just part of the cost of luxury living in Hawaii. For others, they can be a dealbreaker. Either way, understanding these costs upfront will help you make the best real estate decision for your lifestyle and budget.

💬 Thinking about buying a condo in Oahu? Contact us at 📲 808-371-3509 for expert guidance!

Can you believe that home sales in Waialae-Kahala were up 450%? This is David Buck with Harcourts Island Real Estate here to report on the local market update for December of 2024. 

Local Neighborhood Report for Homes

A year ago, in December of 2023, there were only 2 transactions that took place in Waialae-Kahala and this past month we saw 11. The North Shore saw the largest increase in medan sales price and that was up 336%. That was going from $875,000 a year ago to $3,812,500. That's a huge increase, but part of that reason was there was there were only 2 deals that took place on the North Shore. One of which was an oceanfront home that sold for $6,250,000 that we reported on earlier in the month.

Local Neighborhood Report for Condos

Kailua-Waimanalo saw the largest increase in condo sales year over year of any neighborhood on Oahu. This is on the 21 major neighborhoods that the Honolulu Board of Realtors reports on. With that said, Kailua-Waimanalo was up 250%. That was going from 2 transactions in December of 2023 to 7 this past month. 

Waialae-Kahala also saw the highest appreciation, which was up 49%. A year ago, that median price in Waialae-Kahala was $370,000 and this past month it was at $550,000. Now, you might ask "can I get a condo in Kahala for that amount of money?". The Kahala Beach Apartments are leasehold and that's probably why the prices were a little bit lower in Kahala. 

Oahu A Bargain Compared to Aspen, Colorado

To put things into perspective, even though this is a high end area, in Aspen, Colorado the median condo price in December was just over $4.1 million. Here's a video I put together showing the comparison to Oahu. You could basically buy 7.5 median priced condos on Oahu for the price of 1 condo in Aspen, Colorado. It really shows how underpriced our real estate is here compared to some markets.

Granted, we are higher than most places in the country, but every neighborhood on Oahu is different. To find out what's going on in your particular neighborhood, feel free to reach out and give us a shout at 808-371-3509. Mahalo!

Aloha! This is David Buck with Harcourts Island Real Estate and today we're going to report on the luxury market recap for 2024. 

Highest Luxury Home Sales of 2024

First off, we're going to start off with the single family homes and there we saw 8 transactions on Oahu at $10 million or more. The highest home sale we saw on Oahu this past year was a home at 123 Kailuana Loop in Beachside for $26 million.

123 Kailuana Loop Sold for $26 Million

That was by far the highest home sales we saw on the island. Then, the 2nd highest home sale we saw on the island was right around the corner from there at 47 Kailuana Place. That went for $15,888,000.

47 Kailuana Place Sold for $15,888,000

Now, that's 2 sales that have eclipsed the 2023 highest sale on Oahu, which was an oceanfront home in Kahala. Keep in mind, both of those properties were in the stunning neighborhood of Beachside. I have a home right down the street from these currently listed for sale at just a mere $5 million, which is just a fraction of what those went for.

133 Kailuana Place at $5,000,000

This one is not on the water, but it's a beautiful home with a swimming pool, slide, 5 bedrooms, 4.5 bathrooms. It's roughly 4,000 sq. ft. of living area on a quarter acre. So, It's a great buy, especially on a price sq/ft. It's a great value for the neighborhood of Beachside in Kailua.

21 Homes for Sale Over $15 Million

Now, that we're in 2025, as of today, there are 21 homes on Oahu listed at $15 million or more and 7 of which are asking more than the highest sales price of $26 million last year. Three of those asking prices are $50 million or more. One of these we report on last year, which is in Beachside. Now, there's one in Diamond Head and Kahala asking north of $50 million. 

508 N Kalaheo Ave (MLS # 202327941) Asking $50 Million

3735 Diamond Head Road (MLS # 202421173) Asking $55 Million

4823 Kahala Ave (MLS # 202427799) Asking $65 Million

The record home price on Oahu we talked about last year was $42 million way back in the year 1990 at the former Kaiser Estate in Portlock. 

Highest Luxury Condo Sales of 2024

Park Lane #6305 Sold for $9.6 Million

The highest condo sale we saw on Oahu in 2024 was a Park Lane condo that went for $9.6 million. That's just a fraction of what the Park Lane Penthouse that went for $27.5 million, which was the record sale of 2023. After the Park Lane sale, the next 2 were 2 transactions that took place at Waiea in Kakaako. 

Waiea #3301 Sold for $8 Million

Waiea #2201 Sold for $7.1 Million

11 Condos for Sale Over $10 Million

As of today, there are 11 condos for sale on Oahu priced at $10 million or more. One of them is actually under contract. That's going to be Penthouse B at Hokua, with an asking price of $15,888,000. 

Hokua Penthouse B (MLS # 202427233) Asking $15,888,000

If that deal sticks, that's going to already surpass the highest deal of 2024. 

Takeaways For 2025

The main takeaways regarding the luxury real estate market here on Oahu is that we see a lot of high asking prices, but very little deals taking place within those asking prices. I'm guessing like 10%. Like we talked about in the single family homes, there was just 2 deals that took place at $15 million or more while there's 21 listings at that price.

Then, on the condos, we have 11 listings at or above $10 million and we didn't have any that sold at that last year. Maybe, there's one that might stick right now (at Hokua). So, very little of these high end properties are actually transacting. 

The takeaways in my opinion are twofold. One of which is if you're a buyer in this marketplace, it's a great time to buy because there's a lot of inventory on the high end to chose from. That's number one. 

Number two is if you're a seller in this marketplace and you're looking to sell a high end property, why would you do what everyone else is doing and starting with a big number (asking price) and seeing if the market shows up? You've got a less than 10% chance of success. 

Hoping to Sell Is A Bad Strategy

We, here at Harcourts can offer something that nobody else on Oahu can offer with our non-distressed luxury auction platform. Not many people are aware of it, but it's been a proven success all over the country and all throughout the world. Harcourts is in 10 countries and we've had a lot of success with this in the US.

Harcourts Auctions and Global Reach

If you're curious about that process of if you're looking to buy luxury property here on Oahu, feel free to reach out and give me a shout at 808-371-3509. Mahalo!

Well, here we are. It's another January in Hawaii and earlier this month the Sentry PGA Tour just wrapped up in Kapalua. Here we are back on Oahu for the annual Sony Open on Waialae Golf Course.

Homes Fronting Waialae Golf Course

Like I do every year, I'd like to report on the real estate here fronting Waialae Golf Course. For those of you that don't know, there's MLS 3 neighborhoods that front the golf course. We have Waialae Golf Course, Kahala as well as Kai Nani. This year, there's only 1 home for sale and that's at 4821 Kaimoku Way.

4821 Kaimoku Way on Waialae Golf Course (MLS # 202424118)

This home is priced just under $5 million. They just reduced the price yesterday. This is a home that sold in 2021 for $2,650,000. It was my friend's family home. They sold it a few years back. The people that bought it fixed it up. It's a "flip", but they lived in it for a bit and now they're trying to double the price. That one is available just under $5 million. It's the only one for sale that's on the golf course.

Over the past year, since I've reported on the Sony Open last year, there was only 2 sales that they were calling "golf course frontage" in MLS. However, they weren't quite on the golf course. They were actually across the street. One was in Kahala and the other was in Kai Nani. 

Back to that 3rd MLS neighborhood I'd mentioned, there has not been a home sold since the last one I sold in the neighborhood 3 years ago. Earlier in 2024, I did a report on how there's been nothing for sale in the Waialae Golf Course neighborhood. There is one bank owned property that the bank has been trying to sell, however has not moved. If you want more information on that or any golf course real estate here on Oahu and don't have $3-5 million to drop for a golf course home on Waialae, we have other golf properties on Oahu.

As we head into the final part of the weekend, we're wishing all the players out there the best in the Sony Open. If you have any questions about real estate here on Oahu, I'm here to help. I'm at 808-371-3509. Mahalo!