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 $725K to $1.15M with a median price of $1.09M and median interior of 1,539sf.
The median price of townhomes sold in Koko Isle year-to-date (Jan - Apr 27, 2017) is $818K. In previous years it was $921K (2016), $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).
3 townhomes have sold in Koko Isle year-to-date (Jan - Apr 27, 2017). In previous years, the total number of townhomes sold were 8 (2016), 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 42 days before they were sold (Jan - Apr 27, 2017). In previous years it was 119 days (2016), 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 29 days March 2017 compared to 76 days March 2016.
The ratio of Koko Isle townhomes sales price vs list price was 99.5% March 2017 compared to 96.9% March 2016.
1 Koko Isle townhome was sold March 2017 compared to 1 townhome sold March 2016.
The total dollar volume of townhomes currently for sale in Koko Isle is $5.07M and the sold dollar volume year-to-date (Jan - Apr 27, 2017) is $2.69M. In previous years sold dollar volume was $6.58M (2016), $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 #13/1308 , sold for $1.1M on Mar 31, 2017. It had 1981sf of interior. 9 other recent sales include: #2102 (1,400sf) sold for $775K on 3/17/2017. #2006 (1,400sf) sold for $818K on 1/26/2017. #402 (1,400sf) sold for $100K on 12/27/2016. #1801 (1,598sf) sold for $828K on 9/30/2016. #117 (1,582sf) sold for $1.05M on 9/21/2016. #2004 (1,400sf) sold for $777K on 9/7/2016. #2301 (1,581sf) sold for $720K on 8/29/2016. #13/1305 (1,539sf) sold for $1.03M on 6/6/2016. #1306 (1,725sf) sold for $1.01M on 3/1/2016.
In Koko Isle there is currently 5 fee simple units for sale.