About Wilhelmina Rise Wilhelmina Rise is a quiet established hillside community of about 500 modest older homes in Honolulu north of Kaimuki, bordered by Palolo to the west and Waialae Nui to the east. Extending beyond the Wilhelmina Rise neighborhood, taking up the top one-third of the ridge above Hilo Pl and Iwi Way, is the wonderful Maunalani Heights mountain top community consisting of about 350 homes. Most Wilhelmina Rise homes for sale are valued between $700K to $1.3M, often with lot sizes between 3,000 to 10,000 sq ft and Maunalani Heights homes for sale are typically valued in the $800K to $2.5M range, generally on larger lots, often between 5,000 to 15,000 sq ft.
Insight to Wilhelmina Rise Homes Wilhelmina Rise and Maunalani Heights homes feature fabulous ocean, Waikiki and Diamond Head views, with homes in Maunalani Heights enjoying a slightly cooler climate due to the higher elevation.
The first Wilhelmina Rise homes were built at the bottom of the hill over 100 years ago, just off Waialae Ave, which over time has developed into Kaimuki’s business district. Among the mostly older homes in Wilhelmina Rise, 2 small newer gated communities were developed in 1991:
Maunalanikai Pl located just above the middle of the ridge, close to Sierra Dr and Iwi Way, consisting of about a dozen newer homes offering great views from steep slope lots. Maunalanikai Pl homes are typically valued in the $700K to $1.1M range,
Nohona Kahala located at the very easterly bottom section of Wilhelmina Rise, accessible from Hunakai St and close to Kahala Mall. This community of about 50 highly desirable newer homes, featuring cathedral ceilings, central AC, stucco exteriors, tile roofs and level green yards has a private playground. Homes at Nohona Kahala tend to sell in the $1M to $1.3M range.
Several of the Maunalani Heights homes are architecturally charming, built during the 1940’s and 1950’s, sitting on generous lots with mature green landscaping and gorgeous views. Some of the more desirable streets in Maunalani Heights include, Matsonia Dr, Lurline Dr, Monterey Dr and Maunalani Circle, all with utility lines hidden underground.
Wilhelmina Rise Neighborhood Wilhelmina’s narrow but defining main road, Wilhelmina Rise, goes up in a straight line to the very top with remarkable steepness, while being criss crossed multiple times by Sierra Dr, which winds up the hill in wide switchbacks gaining steady elevation.
Halfway up the hill in the middle of Wilhelmina Rise, surrounded by homes on all sides, the huge Mauumae Nature Park features a little known hiking trail loop ascending from Koko Dr and offering great views. More daring is the Mauumae ridge trail, better known as the Lanipo hike, starting from the top of Maunalani Circle ascending even higher to the summit of the Koolau mountain ridge at almost 2,400 ft elevation. For the less adventurous there is the newly upgraded Maunalani Community Park in the 4600 block of Sierra Dr, serving residents with playground, lit basketball and tennis courts and a large level grassy field overlooking Honolulu.
Hungry after a hike or game of tennis, residents have easy access to a number of excellent restaurants along Waialae Ave at the base of the hill. No wonder many residents feel fortunate to live here.
The price range of houses for sale in Wilhelmina Rise is $775K to $6.3M with a median price of $1.22M, median interior of 2,295sf and median land size of 5,793sf.
The median price of houses sold in Wilhelmina Rise year-to-date (Jan - Mar 26, 2017) is $1.03M. In previous years it was $1.14M (2016), $1.07M (2015), $1M (2014), $940K (2013), $867K (2012), $780K (2011), $895K (2010), $776K (2009), $869K (2008), $904K (2007), $900K (2006), $874K (2005), $750K (2004), $581K (2003).
8 houses have sold in Wilhelmina Rise year-to-date (Jan - Mar 26, 2017). In previous years, the total number of houses sold were 41 (2016), 39 (2015), 41 (2014), 39 (2013), 54 (2012), 41 (2011), 30 (2010), 30 (2009), 29 (2008), 36 (2007), 47 (2006), 50 (2005), 61 (2004), 74 (2003).
On average Wilhelmina Rise houses were on the market for 41 days before they were sold (Jan - Mar 26, 2017). In previous years it was 98 days (2016), 87 days (2015), 83 days (2014), 61 days (2013), 80 days (2012), 33 days (2011), 63 days (2010), 88 days (2009), 64 days (2008), 72 days (2007), 56 days (2006), 66 days (2005), 56 days (2004), 74 days (2003).
The average days on market for Wilhelmina Rise houses before sold were 5 days February 2017 compared to 63 days February 2016.
The ratio of Wilhelmina Rise houses sales price vs list price were 104.0% February 2017 compared to 100.1% February 2016.
2 Wilhelmina Rise houses were sold February 2017 compared to 1 house sold February 2016.
The total dollar volume of houses currently for sale in Wilhelmina Rise is $30.29M and the sold dollar volume year-to-date (Jan - Mar 26, 2017) is $8.8M. In previous years sold dollar volume was $47.62M (2016), $42.9M (2015), $42.51M (2014), $38.97M (2013), $51.06M (2012), $36.11M (2011), $26.67M (2010), $25.41M (2009), $27.43M (2008), $35.77M (2007), $44.38M (2006), $46.2M (2005), $45.77M (2004), $44.22M (2003).
The most recent sale in Wilhelmina Rise was a house located at 3708 Lurline Drive, sold for $910K on Mar 23, 2017. It had 1296sf of interior. 9 other recent sales include: 4161B Koko Drive (1,892sf) sold for $775K on 3/16/2017. 1986 Iwi Way (1,939sf) sold for $1.22M on 3/13/2017. 3762 Lurline Drive (1,868sf) sold for $1.47M on 3/13/2017. 3911 Koko Drive (2,228sf) sold for $1.01M on 3/3/2017. 3703 Pelu Place (1,382sf) sold for $975K on 3/3/2017. (3,947sf) sold for $1.37M on 2/27/2017. 1224 Elizabeth Street (1,496sf) sold for $1.04M on 2/15/2017. 1618 Iwi Way (736sf) sold for $808K on 12/27/2016. 4064 Koko Drive (2,236sf) sold for $1.04M on 12/21/2016.
13 of the houses have ocean views, 15 have Diamond Head views and 6 have mountain views.