1057 Koko Kai Place $1,449,999 - Sunday Open House 3 Bd | 3.5 Ba | 2,541 sf Land: 7,068 sf Ocean viewSunday Open House
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If you are looking for a newer home in Hawaii Kai, you owe it to yourself to explore the Koko Villas located at the entrance to the Koko Crater Botanical Garden, at the base of the impressive Koko Crater.
This newest of all Hawaii Kai home subdivisions is adjacent to the Hawaii Kai Golf Course and close to famous Sandy Beach. Koko Villas real estate consists of 70 single family homes along the two quiet cul-de-sacs, Koko Uka Pl (means near the mountain) and Koko Kai Pl (means near the sea). Access is via Kokonani Street (means beautiful Koko) along the golf course off Kealahou St.
Insight to Koko Villas Homes & Neighborhood Koko Villas represent the latest and newest single family home subdivision in Hawaii Kai. All homes were built between late 2004 and early 2006 by Philip Ho, a California developer, and Kaya Builders Hawaii, a local general contractor.
There are a total of five Koko Villa floor plans: Villa I: 3 BR, 2.5 BA, 1,931 sq ft interior living space. Villa II: 3 BR, 2.5 BA, plus Den, 2,176 sq ft interior living space. Villa III: 3 BR, 2.5 BA, 2,362 sq ft interior living space. Villa IV: 3 BR, 3.5 BA, plus Den, 2,541 sq ft interior living space. Villa V: 4 BR, 3.5 BA, plus Den, 3,150 sq ft interior living space. 2-story design with 3-car garage.
Villas I through IV have a single level layout with an attached double garage. The exception is the largest Villa V, which has a two story design with an attached 3-car garage.
Koko Villas are popular due to their open layout and modern design features. However Villa IV took the cake as the overall Grand Champion Winner during the 2004 Parade of Homes, Hawaii’s prestigious home builder’s competition.
All five Koko Villa floor plans rotate and reappear seemingly at random throughout the Koko Villa neighborhood, except, the largest 2-story Villa V model can only be found on some of the perimeter lots. Just about all Koko Villa lots are between 6,954 sq ft and 7,076 sq ft. Lots are graded and level.
Only the last 11 Koko Villas on the left street side of Koko Kai Pl, towards the end of the cul-de-sac, are directly fronting the Hawaii Kai Golf Course. The other Villas may not have a direct golf course view, but throughout the neighborhood there is a sense of closeness to the golf course as well as the ocean which are both visible when driving on any of the three streets within this subdivision.
Koko Villas feature stucco exteriors and large 4 ft deep roof overhangs with finished soffits. Every home has a smooth concrete tile roof with copper gutters and copper downspouts for a clean, rich and consistent look throughout the neighborhood. Inviting exterior wood trellis entryway with large front patios bring back hints of plantation home designs. Every home has an oversize 8 ft tall and 42” wide solid wood front entry door.
Koko Villas are just as impressive when it comes to the popular interior design features. These homes feature 10 ft (!) tall ceilings, 8 ft doors, 8 ft windows and sliding glass doors giving the Koko Villas a sense of grandness. Large open kitchens with center island cooktop, modern high-end appliances including double ovens as well as plenty custom kitchen cabinets and a walk-in food pantry put a smile on every chef’s face. Elegant granite countertops in kitchen and Travertine countertops in baths as well as large soak-in tubs, shower stall and double vanity can be found in all master bathrooms.
Did we mention the large walk-in closets? Travertine marble tile floors are found in master baths and powder rooms.
Many Koko Villas feature central AC and a great number of them have also installed PV systems.
These Koko Villas are great homes with a dramatic backdrop of Koko Crater. In this quiet neighborhood you might on occasion hear the wave action from closeby Sandy Beach, only about 1,500 feet straight south from here.
There is a small Koko Villas association fee of $150 /mo (2014) which pays to maintain the private streets, the landscaped green belts and the front yard landscape easement, a small area between the sidewalk and the front of the garage. Also maintained by the association is a retaining wall with privacy fence which separates the back yards between Koko Uka Pl and Koko Kai Pl.
The developer still owns an adjacent small vacant lot at the corner of Kokonani St and Kealahou St with future plans to develop townhomes. This may not happen anytime soon as it is currently zoned ‘preservation’ and would need to be rezoned before development.
We love the Koko Villas for all the modern design features and the awesome picturesque and quiet Hawaii Kai location. Check them out, we think you might enjoy them too..
Koko Villas Houses - Trends & Statistics
The price range of houses for sale in Koko Villas is $1.32M to $1.44M with a median price of $1.38M, median interior of 2,462sf and median land size of 7,068sf.
The median price of houses sold in Koko Villas year-to-date (Jan - Jul 21, 2017) is $1.3M. In previous years it was $1.58M (2016), $1.35M (2015), $1.33M (2014), $1.19M (2013), $1.22M (2012), $1.27M (2011), $1.19M (2010), $1.07M (2009), $1.26M (2008), $1.15M (2007), $1.14M (2006), $962K (2005).
4 houses have sold in Koko Villas year-to-date (Jan - Jul 21, 2017). In previous years, the total number of houses sold were 6 (2016), 5 (2015), 5 (2014), 5 (2013), 3 (2012), 2 (2011), 2 (2010), 6 (2009), 3 (2008), 5 (2007), 8 (2006), 6 (2005).
On average Koko Villas houses were on the market for 75 days before they were sold (Jan - Jul 21, 2017). In previous years it was 88 days (2016), 84 days (2015), 73 days (2014), 94 days (2013), 100 days (2012), 98 days (2011), 64 days (2010), 210 days (2009), 42 days (2008), 41 days (2007), 66 days (2006), 37 days (2005).
The total dollar volume of houses currently for sale in Koko Villas is $2.76M and the sold dollar volume year-to-date (Jan - Jul 21, 2017) is $5.24M. In previous years sold dollar volume was $9.2M (2016), $6.64M (2015), $6.58M (2014), $6.05M (2013), $3.68M (2012), $2.54M (2011), $2.39M (2010), $6.56M (2009), $3.6M (2008), $5.73M (2007), $8.95M (2006), $5.85M (2005).
The most recent sale in Koko Villas was a house located at 1028 Koko Uka Place, sold for $1.39M on May 18, 2017. It had 1931sf of interior. 9 other recent sales include: 1028 Koko Kai Place (2,362sf) sold for $1.24M on 4/19/2017. 1065 Koko Kai Place (2,362sf) sold for $1.22M on 2/10/2017. 1067 Koko Uka Place (2,541sf) sold for $1.36M on 1/11/2017. (3,192sf) sold for $1.64M on 12/2/2016. 1074 Koko Kai Place (1,931sf) sold for $1.25M on 10/26/2016. 1011 Koko Kai Place (3,192sf) sold for $1.6M on 9/29/2016. 1043 Koko Kai Place (3,192sf) sold for $1.68M on 3/24/2016. 1015 Koko Kai Place (2,541sf) sold for $1.57M on 2/26/2016. 1008 Koko Uka Place (3,192sf) sold for $1.44M on 1/19/2016.