New Kauai REO Listings:


1. 4679 Emmalani Dr, Princeville. There is 1861 sq.ft. of living area. Previous MLS listings have this as a 4 bedroom 3 bath the current listing and tax records have it as a 2 bedroom 3 bath. Photos are from a previous listing by Chad Deal (R ) $650,000 MLS#227993.

2. Kua Aina lot 42. Kakela Makai, Kalaheo. A split level lot with unobstructed ocean & mountain views. $209,000. MLS# 228005 Owned by IndyMac/OneWest Bank.
3. 4107 Kawili St, Lihue. 3 bedroom 3 bath modern home in Molokoa. Granite counter tops, spa tub 7 tile floors. $559,900. MLS#227900. A bank of America REO.
4. Halelani Village At Puhi W-103, Lihue. A 2 bedroom 1 bath ground floor condo. $164,900. MLS#227667. Owned by US Bank.
Listed Kauai REO Homes:
1. 1672 Kelaukia Rd in Lanai Villas in Poipu. $982,900. This 3 bedroom 3 bath home in the exclusive subdivision of Lanai Villas in Poipu Kai bordering the greenbelt. It is in excellent condition and is located in the VDA so vacation rentals are allowed. Steps away from the Hyatt and beach. MLS#225197
2. 3695 Kaweonui Rd, Princeville. 4 bedroom 2 bath good condition single family home on a quarter acre lot. $580,150. MLS#223822.
3. 5086 Napookala Circle, Princeville $727,800 MLS#224854. This home has a great location in Princeville, in Sunset Circle.
4. 4919 Aliali Road, Apopo Hale #10, Kapaa. This is a 3 bedroom 1.5 home/detached condo. Tile floor. HOA fees $251.16 monthly. Includes water, yard care and other services. MLS#225118. $219,900.
5. 4574 Kalamania Rd Apt 1 , Kilauea, HI. Fannie Mae bank owned. 1/1 bath home on 1.98 acres. MLS#227416. $424,900.
6. 504 Laulea St, Eleele. 2 bedrom, 1.5 bath home. MLS# 226481. Reduced $258,700.
7. 4619, 4623 & 4623A Lehua St, Kapaa. Three plantation cottages zoned for commercial or residential use. $644,900. MLS# 226240.
8. 4374 Mimilo Road, Kapaa. 3 bedroom 2 bath home in the Hundley Heights area of Kapaa. $409,900 MLS#223718.
9. 5095 Panihi Place, Waimea Heights. This is a 4 bedroom 3 bath home in the Waimea Heights subdivision with a gorgeous coastline view. It is a Freedie Mac/Fannie Mae REO and qualifies for Homepath financing with as little as 3% down! Contact Jennifer Musso for more info on Homepath financing. $612,900. MLS#227524.
10. 4691 Kanaele Road, Kapaa. A 2 bedroom 1 bath new home and detached large garage on a lot of 22470 sq.ft. for $450,000. Most likely you can build another home on this property. MLS# 227363.
11. 3868 Olona St, Koloa. Taken off the market as the previous owners were still inside the home is now vacant but it is stripped/vandalized. $299,000. MLS#227506 Owned by LJL Mortgage Pool LLC.
12. 924 Niulani Rd, Kapaa. Oceanfront home. 2 bedroom 1 bath on a lot of 12,613 sq.ft. $749,900 Countrywide/BoA REO MLS#221563.
Listed Kauai REO Condos:
1. Banyan Harbor G-80, Lihue. A 2 bedroom 2 bath fully furnished condo with partial ocean view. REDUCED to $210,000. MLS#225936
2. Islander on the Beach #342. Studio condo on Kauai’s Coconut Coast. Owned by Pacific Rim Bank. $159,000. MLS#223271.
3. Kauai Beach Resort #2506. 307sqft 0/1 MLS# 223038 $125,000. Finance Factors REO.
4. Kauai Beach Resort #2544. 320sqft 0/1 MLS #223037 $125,000. Finance Factors REO.
5. Kauai Beach Resort #4110 320sqft 0/1 MLS #223033 $189,000 Finance Factors REO.
6. Halelani Village #C102. 2 bedroom, 2 bath ground floor unit. $154,900. MLS#227252. Owned by Bank of America. Temporarly withdrawn.
Listed Kauai REO Land:
1. 2.78 acres Kulana at Kapaa. $194,900 A low price for this CPR acreage however a large assesment will be due to pay for the roads the developers failed to do. MLS#225885.
Kauai REOs In Escrow:
1. 4262 Oama Place, Puhi (Lihue). This 3 bedroom 2 bath home near shopping and schools. 2 windows are broken and flooring is needed in the bedrooms. The location is great. Near schools and town. IndyMac REO. $354,000. MLS#226132.
2. 4345 Naulu Place, Koloa. Located off of Omao Road this property is a true fixer upper. It has some nice features and it also has damage, rot and mold. It is part of a CPR. $211,613. MLS#225407. Chase REO.
3. 229 Koili Ln, Wailua Homesteads. A 3 bedroom 2.5 bath home in need of work as former owner tried remodeling rooms into studios. A great price. $297,500 MLS#225851. Wells Fargo REO.
4. 2891-C Pua Nani St, Lihue. This is a spacious 4 bedroom, plus office, 2.5 bath home, $449,000 MLS#224496. An IndyMac REO.
5. 5625 Kula Mau’u St, Kapaa. Indymac owned 4 bedroom 3 bath home with an attached legal 1 bedroom 1 bath Additional Dwelling Unit in good condition for only $360,000. MLS#226512.
6. 4524 Lae Rd. Kalaheo, 3 bedroom 2 bath home. $330,000. Owned by Aurora Loan Services. MLS# 226790.
7. 4119 Aheahe Pl, Lihue. 3 bedroom, 3 bath. $447,900. Owned by Fannie Mae . MLS#222896.
8. 10. 5796 Noni St., Wailua Homesteads. 5 bedroom/2 bath, 2 story home. The exterior is in good condition but the interior needs some repair as remodeling was started but not completed. $399,900. Owned by American Home Mortgage Servicing Inc. MLS#226761
9. Sun Village Kauai #C312. 1 bedroom, 1 bath leasehold condo on 3rd floor of Sun Village, an adult only/retirement community. $100,000. MLS# 226515.
10. Plantation at Princeville #422. 3 bedroom, 3 bath condo. Has pool, spa, AC. A GRP Loan REO. $469,900. MLS# 215869
11. Makahuena #IIA304, Poipu. 3 bedroom, 2.5 bath condo with ocean views, pool, spa and tennis courts. Owned by Aurora Loan Services. MLS#227174.
12. 3995 Kamehameha Rd, Princeville, 3 bedroom 2 bath SFH of 2117 sqft. living area on a lot of 10244 sq.ft. $471,900 Countrywide/BoA REO. MLS#223366
13. 235 Ulaula Road, Eleele. 3 bedroom 2 bath home with oceanview. MLS#227373. $274,900. There was at least 9 offers on this house.
14. 2460 Kolo Road, Kilauea. 3 bedroom 2 bath home in the heart of Kilauea. Bamboo floors. $388,250. MLS#222904.
15. 5051 Laukona St, Hanamaulu. This duplex also has a studio attached. 8 bedrooms 4 baths across the park. $472,500 MLS#226360.
16. Nihilani at Princeville #14A. This is a 3 bedroom 2.5 newer condo in Princville. $489,900. MLS#225806
17. Kahala At Poipu Kai #113. This is a 1 bedroom, 1 bath condo for $337,900. MLS#225425. Bank of America REO.
18. Halelani Village #S106. 2 bedroom, 2 bath unit on the first floor. Bank of America REO. MLS#227147
19. Halelani #Y204, Lihue. 2 bedroom, 2 bath condo at Halelani Village in Puhi. Owned by GMAC $154,900. MLS# 227281
20. 4726 Mimilo Rd, Kapaa. Spacious 3 bedroom, 2.5 bath Kapaa home with cozy fireplace. $336,600. MLS#227235.
21. 148 Royal Drive, Wailua Homesteads. This is a large older main house of 4 bedrooms and 2 baths (maybe 3) and a 1 bedroom 1 bath cottage on 1.8 acres on the rim in Wailua for only $599,900. MLS#226200.
22. 4740 Hokuloa Place, Eleele. 3 bedroom 2 bath home. REDUCED to $289,900. Garage has been turned into a family room. Fenced MLS#225781
Kauai REO Solds for the Month of September:
1. Mauna Ka 5A, Kao Kai Ph 1, Princeville. This 2 bedroom 2 bath condo boasts 1503 sq ft. of living area. This is the ground floor one level unit. Priced at $219,000. SOLD for $275000 CASH 9/28/2009 at auction. MLS#226523.
2. 5358 Kula Mauu St, Kapaa. This 3 bedroom 2 bath home is price right at $316,900.Sold for $325,000 on 9/23/2009 CNV. MLS#226104. OneWest Bank REO.
3. 3371 Kai Lani Pl, Hanapepe. 4 bedroom, 2 bath home. US Bank REO. $334,900. MLS# 225791. Sold for $325,000 9/4/2009 CNV.
4. Kauai Beach Resort #4214, Lihue. 360sqft condo. $150,000. MLS# 223035. Sold 9/30/2009 $150,000 CASH.
Wow, one half of the 44 Listed REOs are in escrow. Closings should be increasing for the months of October thru December. Upcoming (not yet listed) Kauai REOs will be featured in next weeks blog. One of the most interesting solds last month was the Princeville at Mauna Kai #5A condo. I originally had this condo listed but then lost the listing to another Realtor. We both had a hard time selling it due to high HOA fees ($877 a month) and the age of the spacious unit. The price dropped to $219,000 before it went to auction. At auction I can only guess that “bargain” hunters got caught up in the thrill of the bidding. The unit sold for $275,000 without the protections of the standard Realtors contracts. I agree that now is the time to buy but you sill need the benefit of a local Realtor’s guidance and knowledge to get the best possible “deal”.
All available properties with MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call or email me at mailto:julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE
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