Hawaii Loa Ridge is ‘The’ premier luxury view ridge in Honolulu, since first developed in the 1980’s. This gated community of approximately 500 Honolulu homes is situated on the hillside between the valley neighborhoods of Aina Haina and Niu Valley. Hawaii Loa Ridge has a 24/7 security guard welcoming you at the gate located at the bottom of Puuikena Dr, which graciously winds up from Kawaikui Beach Park in wide generous sweeps to about 1,000 ft elevation at the top of Ikena Cir. Hawaii Loa Ridge homes for sale typically range in price between $2M to $10M. Lot sizes vary between 8,000 to 30,000 sq ft with generous sized homes, most in the 3,500 to 5,000 sq ft range.
Insight to Hawaii Loa Ridge Homes & Neighborhood
Hawaii Loa Ridge offers a resort feel with Beverly Hills style, custom designed grand scale homes with pools. Many homes in Hawaii Loa Ridge offer fantastic ocean views with Koko Head in the east and Diamond Head in the west. Even the neighbor islands of Molokai and Maui can be visible on a very clear day.
Residents in Hawaii Loa Ridge enjoy the perfect combination of the ultimate in privacy with gate, roaming security, a private clubhouse, tennis courts, a park with picnic tables and a hiking trail that connects to the Koolau ridgeline. A well managed association ensures compliance with design guidelines - protecting views of existing properties - and excellent maintenance of common landscaped areas. This is a fine neighborhood with great looking properties and manicured yards.
There is an additional security gate at the ‘The Pointe’ - the 8th and final development phase of Hawaii Loa Ridge - which boasts about 40 luxury homes with its own exclusive clubhouse, tennis courts and an additional association fee. Some of the western facing premier rim lots are considered most desirable, protected from easterly tradewinds offering dramatic ocean, Diamond Head and Kahala views. Only very few vacant buildable lots remain.
Several prominent personalities including movie stars own or used to own vacation homes here. One of Hawaii Loa Ridge’s more notable properties is the palatial Hi’Ilani Estate sitting on a sprawling 30,000 sq ft triple rim lot, formerly owned by the late Al Masini, Emmy award winner and legendary producer. This opulent property sold in 2013 for $10Mill and includes 16,000 sq ft of living area and view decks, including a fabulous 1,600 sq ft master bedroom suite.
If looking for the ultimate in privacy and security within a luxury neighborhood, then Hawaii Loa Ridge may be the place for you. There simply is no real estate in Oahu like the homes on Hawaii Loa Ridge!
The price range of houses for sale in Hawaii Loa Ridge is $1.87M to $20M with a median price of $3.32M, median interior of 4,298sf and median land size of 13,180sf.
The median price of houses sold in Hawaii Loa Ridge year-to-date (2016) is $2.2M. In previous years it was $2.15M (2015), $2.6M (2014), $1.94M (2013), $1.78M (2012), $1.59M (2011), $1.63M (2010), $1.45M (2009), $1.72M (2008), $1.73M (2007), $1.77M (2006), $1.5M (2005), $1.4M (2004), $1.3M (2003).
21 houses have sold in Hawaii Loa Ridge year-to-date (2016). In previous years, the total number of houses sold were 14 (2015), 19 (2014), 18 (2013), 18 (2012), 27 (2011), 20 (2010), 15 (2009), 15 (2008), 24 (2007), 29 (2006), 42 (2005), 37 (2004), 34 (2003).
On average Hawaii Loa Ridge houses were on the market for 114 days before they were sold (2016). In previous years it was 99 days (2015), 114 days (2014), 100 days (2013), 87 days (2012), 65 days (2011), 93 days (2010), 121 days (2009), 86 days (2008), 111 days (2007), 91 days (2006), 74 days (2005), 73 days (2004), 126 days (2003).
The average days on market for Hawaii Loa Ridge houses before sold were 143 days November 2016 compared to 80 days November 2015.
The ratio of Hawaii Loa Ridge houses sales price vs list price were 97.8% November 2016 compared to 94.0% November 2015.
1 Hawaii Loa Ridge house was sold November 2016 compared to 3 houses sold November 2015.
The total dollar volume of houses currently for sale in Hawaii Loa Ridge is $100.39M and the sold dollar volume year-to-date (2016) is $52.16M. In previous years sold dollar volume was $37.91M (2015), $52.79M (2014), $45.07M (2013), $37.49M (2012), $47.63M (2011), $36.33M (2010), $25.14M (2009), $35.8M (2008), $54.1M (2007), $58.58M (2006), $72.33M (2005), $60.32M (2004), $45.34M (2003).
The most recent sale in Hawaii Loa Ridge was a house located at 665 Kahiau Loop, sold for $2.7M on Nov 04, 2016. It had 3492sf of interior. 9 other recent sales include: 738 Kaulana Place (4,012sf) sold for $2.95M on 10/31/2016. 55 Moaniala Place (3,672sf) sold for $1.69M on 10/27/2016. 525 Moaniala Street (4,650sf) sold for $4.3M on 10/24/2016. 587 Moaniala Street (3,456sf) sold for $2.42M on 10/20/2016. 831 Puuikena Drive (2,262sf) sold for $1.86M on 8/29/2016. 636 Kahiau Loop (4,788sf) sold for $2.2M on 8/22/2016. 586 Puuikena Drive (3,359sf) sold for $2.15M on 8/8/2016. 1000 Ikena Circle (3,465sf) sold for $1.85M on 7/21/2016. 797 Moaniala Streets (3,900sf) sold for $2.5M on 7/20/2016.
22 of the houses have ocean views, 18 have Diamond Head views and 12 have mountain views.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2016. Information is deemed reliable but not guaranteed.