Mariners Valley, located in Hawaii Kai, is one of the largest neighborhoods in this East Oahu suburban community. Developed in the early 1970s, the neighborhood has a much more modern, suburban look and feel than most Oahu neighborhoods. The roads are wide and nicely paved, the single-family homes are contemporary and well-maintained, and the lawns are green and landscaped nicely. Residents enjoy a warm, sunny climate most of the time along with close proximity to favorite local spots like Makapuu Beach and Makapuu Lighthouse, Sandy Beach, Koko Head Crater and Hawaii Kai Marina. Mariners Valley is also just a short drive to Hawaii Kai’s bustling shopping centers, which are home to grocery stores, Costco, a plethora of restaurants, coffee shops, doctors offices, a movie theater, and other businesses.
Most Mariners Valley homes were built in the years 1969 - 1972, and many have since undergone renovations and remodelling to update the design elements, modernize the hardware and appliances, add rooms, or expand the original space. The floor plans are open to allow for easy family or group time and to enhance a laid back island lifestyle. Houses in the neighborhood are generally medium-sized with 3-5 bedrooms and living space that varies from the 1,300 sq ft range to over 3,000 sq ft. The size of Mariners Valley lots ranges from 5,500 to 10,000 sq ft. Almost every home includes a two-car garage and some feature a pool or jacuzzi in the backyard.
Mariners Valley is appropriately named because the neighborhood sits in a valley. The valley location means that homes here don’t have the mountain views enjoyed by residents of the ridge neighborhoods or waterfront views offered by more exclusive Hawaii Kai neighborhoods. However, that is reflected in the price of Mariners Valley homes. This is one of the more affordable neighborhoods to purchase a home in Hawaii Kai, which makes it an ideal location for young professionals, families and first-time buyers. That’s not to say prices are cheap, but for this community that’s known to be affluent, Mariners Valley real estate is an excellent place to start looking! Plus, you’re just a short drive to the mountain ridges and the the water.
Residents value this neighborhood for its convenience to all that Hawaii Kai has to offer, the easy 30 minute commute into Downtown Honolulu, beautiful setting, peaceful suburban community, and strong school district. If you’re looking for the Hawaii Kai lifestyle but want something that’s a little more affordable, a home in Mariners Valley could be the perfect fit!
Mariners Valley Houses - Trends & Statistics
The price range of houses for sale in Mariners Valley is $898K to $1.1M with a median price of $999K, median interior of 1,639sf and median land size of 10,176sf.
The median price of houses sold in Mariners Valley year-to-date (2016) is $925K. In previous years it was $888K (2015), $871K (2014), $872K (2013), $819K (2012), $792K (2011), $727K (2010), $673K (2009), $710K (2008), $789K (2007), $807K (2006), $732K (2005), $601K (2004), $511K (2003).
8 houses have sold in Mariners Valley year-to-date (2016). In previous years, the total number of houses sold were 13 (2015), 8 (2014), 14 (2013), 8 (2012), 8 (2011), 9 (2010), 8 (2009), 9 (2008), 18 (2007), 13 (2006), 14 (2005), 22 (2004), 18 (2003).
On average Mariners Valley houses were on the market for 43 days before they were sold (2016). In previous years it was 69 days (2015), 75 days (2014), 40 days (2013), 32 days (2012), 35 days (2011), 42 days (2010), 27 days (2009), 93 days (2008), 46 days (2007), 66 days (2006), 46 days (2005), 36 days (2004), 53 days (2003).
The average days on market for Mariners Valley houses before sold were 21 days November 2016 compared to 46 days November 2015.
The ratio of Mariners Valley houses sales price vs list price were 97.8% November 2016 compared to 98.8% November 2015.
1 Mariners Valley house was sold November 2016 compared to 1 house sold November 2015.
The total dollar volume of houses currently for sale in Mariners Valley is $1.99M and the sold dollar volume year-to-date (2016) is $7.82M. In previous years sold dollar volume was $11.93M (2015), $6.88M (2014), $12.07M (2013), $6.15M (2012), $6.35M (2011), $6.56M (2010), $5.52M (2009), $6.62M (2008), $14.39M (2007), $10.42M (2006), $10.12M (2005), $13.65M (2004), $9.11M (2003).
The most recent sale in Mariners Valley was a house located at 1007 Lunalilo Home Road, sold for $1.36M on Nov 14, 2016. It had 2843sf of interior. 9 other recent sales include: 1069 Kalapaki Street (1,783sf) sold for $970K on 9/14/2016. 1082 Wainiha Street (1,373sf) sold for $925K on 9/2/2016. 7149 Makahuena Place (1,460sf) sold for $925K on 7/15/2016. 1041 Kalapaki Street (1,704sf) sold for $854K on 7/5/2016. 919 Wainiha Street (2,088sf) sold for $917K on 5/5/2016. 966 Lunalilo Home Road (1,783sf) sold for $960K on 3/11/2016. 7219 Opaekaa Street (1,302sf) sold for $905K on 2/12/2016. 7239 Kipu Place (1,592sf) sold for $785K on 12/3/2015. 995 Kalapaki Street (2,380sf) sold for $1.18M on 11/13/2015.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 05, 2016. Information is deemed reliable but not guaranteed.