Niu Beach is a small luxury beachfront neighborhood of about 100 homes on the oceanside of Kalanianaole Hwy bordered by Paiko Lagoon to the east and Aina Haina Beach to the west. Most Niu Beach & Peninsula homes for sale are valued in the $1M to $5M range with typical lot sizes between 8,000 to 15,000 sq ft.
Insight to Niu Beach Homes & Neighborhood
Some of the early homes dating back to the 1920’s were simple fishing cabins along the calm and shallow ocean waters that are protected by an outer reef. Big changes took place around 1950 when parts of an old fishpond were filled-in to create the new man made Niu Peninsula. Dynamite was allegedly used to carve a deep water channel out of the shallow reef around this newly created Honolulu real estate consisting of one street only, Niuiki Circle. The Army Corps of Engineers built the perimeter seawall creating what is today a gorgeous little ocean lovers community.
Approximately half of all Niu Beach homes are located within this Niu Peninsula. About 20 of these properties are located on the ocean, which are the most desirable homes in Niu Beach & Peninsula, as they offer a rare unique combination of great ocean views, generous lot sizes, privacy, a protective seawall and a deepwater channel to moor your boat behind your backyard.
It’s all yours: boat, kayak, fish or surf the outer reef.
The price range of houses for sale in Niu Beach is $5.95M with a median price of $5.95M, median interior of 5,463sf and median land size of 15,136sf.
The median price of houses sold in Niu Beach year-to-date (2016) is $2.2M. In previous years it was $3.42M (2015), $2.4M (2014), $4.05M (2013), $1.85M (2012), $2.4M (2011), $1.84M (2010), $2.65M (2009), $2.45M (2008), $2.55M (2007), $2.9M (2006), $1.95M (2005), $2.4M (2004), $1.9M (2003).
3 houses have sold in Niu Beach year-to-date (2016). In previous years, the total number of houses sold were 2 (2015), 5 (2014), 2 (2013), 5 (2012), 4 (2011), 5 (2010), 3 (2009), 2 (2008), 2 (2007), 4 (2006), 10 (2005), 6 (2004), 9 (2003).
On average Niu Beach houses were on the market for 116 days before they were sold (2016). In previous years it was 91 days (2015), 74 days (2014), 103 days (2013), 194 days (2012), 126 days (2011), 93 days (2010), 183 days (2009), 50 days (2008), 78 days (2007), 39 days (2006), 75 days (2005), 56 days (2004), 160 days (2003).
The total dollar volume of houses currently for sale in Niu Beach is $5.95M and the sold dollar volume year-to-date (2016) is $7.14M. In previous years sold dollar volume was $6.84M (2015), $12.29M (2014), $8.1M (2013), $11.58M (2012), $11.53M (2011), $8.75M (2010), $9M (2009), $4.9M (2008), $5.1M (2007), $10.9M (2006), $20.42M (2005), $13.72M (2004), $15.42M (2003).
The most recent sale in Niu Beach was a house located at 119 Niuiki Circle, sold for $2.2M on May 20, 2016. It had 2923sf of interior. 9 other recent sales include: 5581 Kalanianaole Highway (3,216sf) sold for $2.96M on 4/22/2016. 5517 Kalanianaole Highway (3,639sf) sold for $1.98M on 4/22/2016. 5589 Kalanianaole Highway (3,538sf) sold for $3.34M on 7/31/2015. 48 Niuiki Circle (2,019sf) sold for $3.5M on 5/20/2015. 5699 Kalanianaole Highway (468sf) sold for $2.95M on 10/29/2014. 68 Niuiki Circle (2,528sf) sold for $3.86M on 10/13/2014. 16 Niuiki Circle (4,563sf) sold for $2.4M on 10/3/2014. 45 Niuiki Circle (2,986sf) sold for $2.1M on 7/25/2014. 5731 Kalanianaole Highway (2,395sf) sold for $965K on 1/3/2014.
1 of the house has ocean views and 1 has mountain views.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 09, 2016. Information is deemed reliable but not guaranteed.