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 $2M to $6.9M with a median price of $3.2M, median interior of 3,990sqf and median land size of 7,612sqf.
The median price of houses sold in Kahala Black Point year-to-date (Jan - Oct 28, 2016) is $3.85M. In previous years it was $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).
4 houses have sold in Kahala Black Point year-to-date (Jan - Oct 28, 2016). In previous years, the total number of houses sold were 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).
On average Kahala Black Point houses were on the market for 261 days before they were sold (Jan - Oct 28, 2016). In previous years it was 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 total dollar volume of houses currently for sale in Kahala Black Point is $33.2M and the sold dollar volume year-to-date (Jan - Oct 28, 2016) is $18.22M. In previous years sold dollar volume was $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 114 Royal Circle, sold for $8.35M on Aug 18, 2016. It had 3935sqf of interior. 9 other recent sales include: 4371 Kahala Avenue (3,792sqf) sold for $2.3M on 6/22/2016. 4051 Black Point Road (5,685sqf) sold for $5.4M on 3/8/2016. (2,347sqf) sold for $2.17M on 1/20/2016. 4319 Kahala Avenue (2,861sqf) sold for $2.53M on 9/17/2015. 4005 Black Point Road (2,273sqf) sold for $1.9M on 7/10/2015. 4351 Royal Place (3,667sqf) sold for $3.35M on 3/25/2015. 4025 Black Point Road (5,151sqf) sold for $3.62M on 2/11/2015. 4337 Kahala Avenue (2,397sqf) sold for $1.55M on 11/7/2014. 4009 Black Point Road (4,109sqf) sold for $3.35M on 3/7/2014.
6 of the houses have ocean views, 2 have Diamond Head views and 6 have mountain views.
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The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 22, 2016. Information is deemed reliable but not guaranteed.