About Koko Isle
The Koko Isle townhomes has remained one of the most exclusive areas of Hawaii Kai, almost 5 decades after it was built. Why? A few good reasons. First, it sprang from the original vision of Henry Kaiser, to build true waterfront residences.
Here the waters are your backyard, to play on and enjoy freely with no barriers between. The Koko Isle condos on the marina itself either already have, or have the option to purchase, dock space. That's not a tie up down the road - it's literally outside your door.
That creates the possibility of taking your boat over to the large Koko Marina shopping center whenever errands need running. Imagine carrying your groceries back on the open waters, instead of fighting that frustrating land traffic.
The exclusivity of this place is underlined by the fact that you reach Koko Isle by crossing its own bridge. How many other neighborhoods can claim that? Cross over and you're coming home to one of the 124 homes spread across 23 buildings, a mix of those directly on the water and some on the interior.
These townhomes are a mix of 2, 3 and 4BR units in one and two story configurations. Those can be further broken down into several subsets due to a variety of bath counts, from 1.5 all the way to 3. That creates a lot of floor plans to choose from here.
Originally all the land in Hawaii Kai was leasehold, but the intervening years have seen some converted. That applies here, with many Koko Isle homes available with the fee simple interest, creating even more value.
Whether you're an avid boater or not, there's a lot to love on this Isle. It's not the completely private tropical island that so many dream of, but it's pretty close.
The price range of townhomes for sale in Koko Isle is $200K to $1.09M with a median price of $649K and median interior of 1,500sqf.
The median price of townhomes sold in Koko Isle year-to-date (Jan - Oct 28, 2016) is $1.01M. In previous years it was $830K (2015), $900K (2014), $800K (2013), $725K (2012), $612K (2011), $510K (2010), $490K (2009), $720K (2008), $774K (2007), $825K (2006), $560K (2005), $510K (2004), $346K (2003).
7 townhomes have sold in Koko Isle year-to-date (Jan - Oct 28, 2016). In previous years, the total number of townhomes sold were 6 (2015), 9 (2014), 13 (2013), 11 (2012), 8 (2011), 4 (2010), 3 (2009), 5 (2008), 8 (2007), 5 (2006), 11 (2005), 13 (2004), 15 (2003).
On average Koko Isle townhomes were on the market for 131 days before they were sold (Jan - Oct 28, 2016). In previous years it was 90 days (2015), 76 days (2014), 57 days (2013), 55 days (2012), 42 days (2011), 70 days (2010), 39 days (2009), 72 days (2008), 44 days (2007), 51 days (2006), 44 days (2005), 50 days (2004), 64 days (2003).
The average days on market for Koko Isle townhomes before sold was 82 days September 2016 compared to 75 days September 2015.
The ratio of Koko Isle townhomes sales price vs list price was 97.8% September 2016 compared to 100.0% September 2015.
3 Koko Isle townhomes were sold September 2016 compared to 1 townhome sold September 2015.
The total dollar volume of townhomes currently for sale in Koko Isle is $1.29M and the sold dollar volume year-to-date (Jan - Oct 28, 2016) is $6.48M. In previous years sold dollar volume was $5.02M (2015), $7.34M (2014), $10.06M (2013), $7.69M (2012), $4.71M (2011), $1.79M (2010), $1.4M (2009), $3.39M (2008), $6.27M (2007), $4.08M (2006), $6.44M (2005), $6.15M (2004), $5.66M (2003).
The most recent sale in Koko Isle was a townhome located at #1801 , sold for $828K on Sep 30, 2016. It had 1598sqf of interior. 9 other recent sales include: #117 (1,582sqf) sold for $1.05M on 9/21/2016. #2004 (1,400sqf) sold for $777K on 9/7/2016. #2301 (1,581sqf) sold for $720K on 8/29/2016. #13/1305 (1,539sqf) sold for $1.03M on 6/6/2016. #1306 (1,725sqf) sold for $1.01M on 3/1/2016. #1207 (1,703sqf) sold for $1.05M on 1/4/2016. #1409 (1,769sqf) sold for $940K on 11/13/2015. #1806 (1,400sqf) sold for $750K on 9/30/2015. #14/1410 (1,400sqf) sold for $760K on 7/14/2015.
In Koko Isle there is currently 1 fee simple and 1 leasehold units for sale.
There is 2 x 3 bedroom floor plans.
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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.