Halii Kai Oceanfront Community - latest REO and developer sales
By Beth Thoma Robinson, R(B) SFR - Hawaii Island Luxury Resort Real Estate
(Hawaii Life Real Estate Brokers Big Island)
There has been a lot of real estate sales activity at Halii Kai in the 3 months since my last blog post about this oceanfront condo community at the Waikoloa Beach Resort on the Kohala Coast. On the resale side, the only condos that changed hands were the two REO properties described in my June blog post: an absolute oceanfront two-bedroom 13A closed for $814,995 and 16C for $385,900. Unbelievable prices-less than half what the original buyer paid. The developer is willing to negotiate on their remaining inventory to keep pace with market interest, although it appears only on condos in the Coconut Grove area at the back of the property. As the landscaping has filled in, the Grove has turned out to be a sweet, calm oasis, and the units with north-facing lanai have a view of sunrise over...
Comments
0