The Peninsula at Hawaii Kai and the Colony at the Peninsula - Market Update. The Peninsula at Hawaii Kai and its Condos at the Colony the Peninsula is one of Hawaii Kai's newest development. The units were built during 2003 to 2005 on a peninsula in the Hawaii Kai area (East Oahu). The Colony are 1 to 3 bedroom condo units in buildings that are 4 stories high. The prices range from the high $300,000 to the high $600,000.
The Peninsula at Hawaii Kai are townhomes and single family homes, some of which are located on the marina. Depending on what side of the marina your unit is, you may have a boat dock in front of your home. The Villas start at about $600,000 and the large Executive Single Family Homes are about $1.6M.
The community has a recreation center, 2 swimming pools, exercise room and boat docks
(waitlisted).
The newer construction of this development and its close vicinity to the marina, ocean, beaches, golfing, shopping and fine dining make it very desirable. They are only about 15 minutes from Waikiki and less than 30 minutes from the Honolulu Airport.
This year we not only saw a greater number of condos and homes sell in the Peninsula but also the prices have increased. Below is an analysis of the totals through December 6 of 2010. If you would like additional information on the Peninsula, please contact me at karla@kcaloha.com or you may see what is available by following this link to Peninsula at Hawaii Kai or checking out my website at www.CaseyHawaii.com.
Aloha and Mele Kalikimaka,
Karla Casey, REALTOR and Principal Broker
Casey & Associates located in Honolulu, Hawaii
808 366 4306
Karla@KCAloha.com
www.CaseyHawaii.com
Karla Casey, Principal Broker, Casey & Associates
Representing the Islands of Oahu (Honolulu) and Maui
Karla, looks like Hawaii is really seeing some good increases in value! Great market report, and you live in Paradise, love Honolulu!
Hi Karla, Great update! Thanks!