Black Point is an exclusive neighborhood of approximately 75 homes elevated on an oceanside black lava rock knoll wedged between Diamond Head and Kahala. Considered some of the most luxurious Honolulu real estate, Black Point homes for sale are typically valued between $2M and $10M depending on views and terrain. Lot sizes vary between 5,000 to 22,000 sq ft.
Insight to Black Point Homes
The ocean views of several of the Black Point homes are stunning and some of the most amazing in Honolulu, with waves crashing against the cliff. The first properties were built during the 1920’s. A mix of charming older homes with large scale newer homes make up the area.
About half of the properties are located behind an unassuming secure rod iron gate at the top of Black Point Rd. Exclusive to the owners behind the gate, at the bottom of a narrow road, a salt water pool literally hangs on the ocean’s edge. There is another gate at Royal Circle, which offers privacy and security to just 8 homes. Both gated communities offer ocean access with great surf break close by the cliffs of Black Point.
Surrounded by the ocean this neighborhood juts out from the sunny southern shore and marks just about the most southern point of Oahu. Black Point real estate is desired by those looking for luxury, dramatic ocean views, privacy with gated security and the convenience of close proximity to shopping, dining and more.
The price range of houses for sale in Kahala Black Point is $2.49M to $6.9M with a median price of $3.47M, median interior of 4,474sf and median land size of 7,804sf.
The historic median sales price of houses sold in Kahala Black Point was $2.99M (2016), $2.94M (2015), $1.8M (2014), $6.2M (2013), $2.4M (2012), $2.21M (2011), $3.37M (2010), $3.62M (2009), $4.35M (2008), $3.35M (2007), $3.67M (2006), $2.7M (2005), $1.57M (2004), $1.83M (2003).
0 houses have sold in Kahala Black Point year-to-date (Jan 17, 2017). In previous years, the total number of houses sold were 6 (2016), 4 (2015), 3 (2014), 3 (2013), 5 (2012), 3 (2011), 4 (2010), 3 (2009), 1 (2008), 8 (2007), 5 (2006), 4 (2005), 6 (2004), 2 (2003).
Historically, the average number of days it took to sell houses in Kahala Black Point was 195 days (2016), 111 days (2015), 146 days (2014), 89 days (2013), 62 days (2012), 251 days (2011), 100 days (2010), 120 days (2009), 62 days (2008), 108 days (2007), 105 days (2006), 66 days (2005), 110 days (2004), 138 days (2003).
The average days on market for Kahala Black Point houses before sold were 65 days December 2016.
The ratio of Kahala Black Point houses sales price vs list price were 94.7% December 2016
1 Kahala Black Point house was sold December 2016
The total dollar volume of houses currently for sale in Kahala Black Point is $25.21M . The sold dollar volume in previous years was $23.9M (2016), $11.41M (2015), $6.7M (2014), $25.49M (2013), $13.82M (2012), $6.36M (2011), $16.1M (2010), $10.67M (2009), $4.35M (2008), $32.48M (2007), $20.67M (2006), $10.5M (2005), $11.69M (2004), $3.67M (2003).
The most recent sale in Kahala Black Point was a house located at 4351 Kahala Avenue, sold for $3.68M on Dec 07, 2016. It had 3462sf of interior. 9 other recent sales include: 4160 Black Point Road (1,824sf) sold for $2M on 11/30/2016. 114 Royal Circle (3,935sf) sold for $8.35M on 8/18/2016. 4371 Kahala Avenue (3,792sf) sold for $2.3M on 6/22/2016. 4051 Black Point Road (5,685sf) sold for $5.4M on 3/8/2016. (2,347sf) sold for $2.17M on 1/20/2016. 4319 Kahala Avenue (2,861sf) sold for $2.53M on 9/17/2015. 4005 Black Point Road (2,273sf) sold for $1.9M on 7/10/2015. 4351 Royal Place (3,667sf) sold for $3.35M on 3/25/2015. 4025 Black Point Road (5,151sf) sold for $3.62M on 2/11/2015.
5 of the houses have ocean views, 2 have Diamond Head views and 5 have mountain views.