Princeville condo update for the week of June 17 to 23

Aloha,

I went on a scenic hike Saturday, up the Hanalei valley to a trail that overlooks the taro fields, Hanalei River, Hanalei Bay, Bali Hai and the Princeville hotel. Once I get the photos processed, I’ll do a short blog showing the fabulous scenery just a short distance from Princeville. The real estate market has not been as dramatic as the scenery, as evidenced by the transactions last week. Here is your weekly update:

Copyright 6/25/2007 by Hawaii Information Service

NEW LISTINGS

MLS # Tp St DOM Taxkey Tnr Price Location Land area Details
196795 SH A 3 4-5-4-15-21-65 FS $390,000 Sandpiper Village I #228 1,173 #228 2/2.5
197351 T A 6 4-5-4-15-21-54 FS $499,000 Sandpiper Village I #217 1,231 #217 2/2.5
196786 T A 3 4-5-4-15-21-28 FS $590,000 Sandpiper Village I #128 1,042 #128 2/2.0
196616 T A 7 4-5-4-12-2-21 FS $599,000 Hale Moi #201 1,033 #201 1/2.0
197296 T A 7 4-5-4-12-8-5 FS $950,000 Pali Ke Kua Ii #119 763 #119 1/1.0
196871 T A 6 4-5-4-12-8-20 FS $1,100,000 Pali Ke Kua Ii #227 993 #227 2/2.0
197466 T A 2 4-5-4-11-3-7 FS $1,249,000 Hanalei Bay Resort #B13 1,324 #9123/4 2/2.0

PRICE CHANGES

MLS # Tp St DOM Taxkey Tnr Price Location Land area Details
185973 SH A 353 4-5-4-15-21-28 FS $330,000- Sandpiper Village I #128 1,042 #128 2/2.0
179543 SH A 353 4-5-4-15-21-28 FS $330,000- Sandpiper Village I #128 1,042 #128 2/2.0
183571 T A 192 4-5-4-5-3-7 FS $499,000- Princeville Paniolo #107 1,058 #107 1/2.0
196532 T A 27 4-5-4-12-2-6 FS $525,000- Hale Moi #106 1,033 #106 1/2.0
193662 T A 88 4-5-4-5-4-9 FS $650,000- Ka’eo Kai Ph I #9A 1,503 #9A 2/2.0
194193 T A 75 4-5-4-5-24-39 FS $895,000- Nihilani At Princeville Resort #13C 1,874 #13C 3/2.5
152045 T U 0 4-5-3-6-22-30 FS $2,300,000+ Kaiulani Of Princeville #30 2,873 #30 3/3.5

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

I’d like to explain the new Sandpiper listings and price reductions in case they are leaving you feeling confused. First up is Sandpiper 228 which is offered as a 6 month fractional for $390K. Next is Sandpiper 217 which is offered for $499K for whole ownership. Finally we have Sandpiper 128, which is owned by the same seller who owns 228, listed for sale as a whole unit for $590K.

Since there were no sales or condos that went into escrow last week, the next section you’ll see are the price reductions. The first two are also Sandpiper 128, showing a price reduction of $330K from $390K for a 6 month fractional ownership. What this means is the seller is willing to either sell 128 to one buyer as a whole unit or to sell the two 6 month fractionals. As we saw under the new listings, the unit upstairs, unit 228, is also offered as a fractional for 6 months.

What doesn’t show up when you pull up the weekly update is the combination of 128 and 228 which are being offered for sale as one unit. The reason it didn’t come up on the weekly update although it is on the MLS is because the system cannot have two new listings at the same time with the same taxkey number (the 6 digit number which is the unit identifier) and the same agent.

If you ask for all the listings for 228, here is your printout:

Copyright 6/25/2007 by Hawaii Information Service

MLS DATA
MLS # Tp St DOM Taxkey Tnr Price Location Land area Details
196795 SH A 3 4-5-4-15-21-65 FS $390,000 Sandpiper Village I #228 1,173 #228 2/2.5
196784 T A 3 4-5-4-15-21-65 FS $1,295,000 Sandpiper Village I #228 1,173 #228 2/2.5

If you pull up all the active Sandpiper listings, here is your printout:

Copyright 6/25/2007 by Hawaii Information Service

MLS DATA
MLS # Tp St DOM Taxkey Tnr Price Location Land area Details
185973 SH A 353 4-5-4-15-21-28 FS $330,000 Sandpiper Village I #128 1,042 #128 2/2.0
179543 SH A 353 4-5-4-15-21-28 FS $330,000 Sandpiper Village I #128 1,042 #128 2/2.0
196795 SH A 3 4-5-4-15-21-65 FS $390,000 Sandpiper Village I #228 1,173 #228 2/2.5
193146 T A 90 4-5-4-15-21-37 FS $465,000 Sandpiper Village I #137 1,042 #137 2/2.0
163432 T A 598 4-5-4-15-21-41 FS $475,000 Sandpiper Village I #204 1,173 #204 3/2.5
190769 T A 146 4-5-4-15-21-22 FS $499,000 Sandpiper Village I #122 1,042 #122 2/2.0
197351 T A 6 4-5-4-15-21-54 FS $499,000 Sandpiper Village I #217 1,231 #217 2/2.5
196998 T A 353 4-5-4-15-21-43 FS $525,000 Sandpiper Village I #206 1,173 #206 2/2.5
190632 T A 146 4-5-4-15-21-34 FS $550,000 Sandpiper Village I #134 1,042 #134 2/2.0
183228 T A 305 4-5-4-15-21-33 FS $559,000 Sandpiper Village I #133 1,042 #133 2/2.0
181966 T A 331 4-5-4-15-21-50 FS $575,000 Sandpiper Village I #213 1,173 #213 3/2.5
196786 T A 3 4-5-4-15-21-28 FS $590,000 Sandpiper Village I #128 1,042 #128 2/2.0
196784 T A 3 4-5-4-15-21-65 FS $1,295,000 Sandpiper Village I #228 1,173 #228 2/2.5

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

I hope this helps clarify things. If you have any questions or would like to see how many units are available within a particular complex, or see all the condos currently on the market (anywhere on the Island) please just let me know. Enjoy your week and stayed tuned for some great pictures from my hike.

Aloha Elaine Schaefer

sold@hawaii.rr.com
808 639 2935
www.kauaiforsale.com

June 25th, 2007