About Kahala Beach Apartments
The Kahala Beach Apartments are an 'Only In Hawaii' story. Their location right on the beach, next to the 5 Star Kahala Hotel and Waialae Country Club brought stratospheric prices and truly 'A' list owners. Yet today you'll see listings for as little as $85,000!
The lease is expiring soon and the owner has made it clear that it won't be renewed, resulting in Cash Only transactions as banks won't finance a 30 year mortgage on a property that won't exist before that time is up.
So why would you buy here? Simple. It's the chance to live on some of the most beautiful and desirable real estate in Hawaii. Best of all, you do so in the classic Mid-Century Hawaii style they often try to recapture today, but never truly get right. Here, it's the Real Thing.
The Kahala Beach condos are spread across 4 buildings, all just 4 stories tall. In between them, and all around, are lush, tropical gardens maintained daily.
Every unit has plenty of room, the airiness just made for tradewinds:
1BRs have a huge 1,068 sq ft floorplan (very few)
2BRs range from 1,168 to 1,888 sq ft
3BR go from 1,830 sq ft to a very nice 2,040 in them, leaving the
4BRs that start at 1,888 and go up to a massive 3,450 (very few).
The views from this beachfront property are, as you guessed, incredible. The gardens are wonderful to drink in throughout the day, but the residents on the makai side are truly blessed. This is oceanfront just as it was 60 years ago. It creates those moments when you need to feel like this paradise is truly yours, and yours alone.
Yes, time is passing on this place, but it could be your one opportunity to have a lifestyle that is disappearing far too quickly. As they say, get it while you can.
Note: There are no condo projects similar to Kahala Beach - this is a very unique one of a kind property - and we cannot recommend any comparable properties. If this leasehold project isn't for you, then expand to search all Honolulu condos.
Kahala Beach Condos - Trends & Statistics
The price range of condos for sale in Kahala Beach is $110K to $340K with a median price of $199K and median interior of 1,258sf.
The median price of condos sold in Kahala Beach year-to-date (2016) is $175K. In previous years it was $162K (2015), $170K (2014), $182K (2013), $165K (2012), $95K (2011), $70K (2010), $110K (2009), $290K (2008), $410K (2007), $425K (2006), $397K (2005), $471K (2004), $430K (2003).
11 condos have sold in Kahala Beach year-to-date (2016). In previous years, the total number of condos sold were 8 (2015), 16 (2014), 16 (2013), 14 (2012), 13 (2011), 15 (2010), 12 (2009), 13 (2008), 13 (2007), 21 (2006), 12 (2005), 18 (2004), 14 (2003).
On average Kahala Beach condos were on the market for 116 days before they were sold (2016). In previous years it was 100 days (2015), 101 days (2014), 82 days (2013), 72 days (2012), 51 days (2011), 77 days (2010), 193 days (2009), 129 days (2008), 105 days (2007), 112 days (2006), 141 days (2005), 66 days (2004), 113 days (2003).
The average days on market for Kahala Beach condos before sold was 66 days November 2016 compared to 109 days November 2015.
The ratio of Kahala Beach condos sales price vs list price was 75.0% November 2016 compared to 90.9% November 2015.
2 Kahala Beach condos were sold November 2016 compared to 1 condo sold November 2015.
The total dollar volume of condos currently for sale in Kahala Beach is $1.42M and the sold dollar volume year-to-date (2016) is $2.67M. In previous years sold dollar volume was $1.54M (2015), $3.36M (2014), $3.65M (2013), $2.72M (2012), $2.17M (2011), $2.04M (2010), $1.87M (2009), $5.85M (2008), $5.42M (2007), $11.53M (2006), $7.49M (2005), $9.83M (2004), $5.91M (2003).
The most recent sale in Kahala Beach was a condo located at #306 , sold for $118K on Nov 30, 2016. It had 1258sf of interior. 9 other recent sales include: #363 (1,258sf) sold for $120K on 11/4/2016. #321 (2,040sf) sold for $240K on 10/28/2016. #301 (2,040sf) sold for $300K on 8/11/2016. #449 (1,555sf) sold for $250K on 7/15/2016. #108 (1,555sf) sold for $110K on 7/8/2016. #246 (1,555sf) sold for $210K on 6/14/2016. #332 (2,705sf) sold for $850K on 5/24/2016. #304 (1,555sf) sold for $175K on 4/1/2016. #422 (1,555sf) sold for $175K on 4/1/2016.
In Kahala Beach there is currently 7 leasehold units for sale. 2 of the condos have ocean views, 1 has Diamond Head views and 1 has mountain views.
There are 6 x 2 bedroom floor plans and 1 x 3 bedroom floor plan.
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.