About Mount Terrace It's amazing to realize that Mount Terrace condo was Hawaii Kai's original luxury condo when it first opened. What's even more amazing is that it is still a desirable luxury property today, 4 decades later. That says a lot about not only what it gave residents from the very first day, but how it's been maintained and routinely upgraded since then.
One thing that has remained consistent are the extremely large spaces that the Mount Terrace condos have in every unit. All are 2BR, but there are 3 basic floor plans, each over 1600 sq ft! That's beyond not only most equivalent residences in Hawaii Kai, but in all Oahu. Even better, that space means lots of walls and, in this building, you get something special there. Your outside walls are floor-to-ceiling windows, looking out on the majestic mountains, the neighboring marina and the vast ocean that only ends at the horizon. It is impossible to be bored when you live with all of that before you.
Some units also get one other perk from the mountains. Cool breezes come off those hillsides, bringing a refreshment to the entire home that makes just being there a pleasure. After a hot, stressful day at work, you'll be racing home to luxuriate in Nature's AC. Fortunately, you'll be coming home to park in one of the 2 parking spaces you get with your condo. There'll always be a spot for you to call your own here. Inside the building, on the way to your unit, you'll pass by many beautiful koa wood accents that are present throughout, an elegant Island touch that unmistakably lifts your environment to a higher level.
This building is a classic. It was done right from the very start and it's been continually served by an excellent staff ever since, maintaining the standards that made this property so desirable. New condos may be built that are flashier and larger, but few will have the same enduring value as Mount Terrace.
The price range of condos for sale in MT TERRACE is $629K to $840K with a median price of $699K and median interior of 1,644sf.
The median price of condos sold in MT TERRACE year-to-date (Jan - May 25, 2017) is $824K. In previous years it was $750K (2016), $627K (2015), $712K (2014), $680K (2013), $550K (2012), $618K (2011), $593K (2010), $599K (2009), $708K (2008), $730K (2007), $699K (2006), $840K (2005), $597K (2004), $540K (2003).
2 condos have sold in MT TERRACE year-to-date (Jan - May 25, 2017). In previous years, the total number of condos sold were 11 (2016), 8 (2015), 9 (2014), 9 (2013), 6 (2012), 10 (2011), 8 (2010), 6 (2009), 6 (2008), 5 (2007), 3 (2006), 6 (2005), 12 (2004), 9 (2003).
On average MT TERRACE condos were on the market for 12 days before they were sold (Jan - May 25, 2017). In previous years it was 79 days (2016), 149 days (2015), 78 days (2014), 55 days (2013), 128 days (2012), 66 days (2011), 39 days (2010), 125 days (2009), 37 days (2008), 171 days (2007), 87 days (2006), 121 days (2005), 60 days (2004), 116 days (2003).
The total dollar volume of condos currently for sale in MT TERRACE is $5.04M and the sold dollar volume year-to-date (Jan - May 25, 2017) is $1.64M. In previous years sold dollar volume was $8.14M (2016), $5.11M (2015), $6.26M (2014), $5.95M (2013), $3.46M (2012), $6.08M (2011), $4.74M (2010), $3.46M (2009), $4.31M (2008), $3.51M (2007), $2.13M (2006), $4.95M (2005), $7.15M (2004), $5.08M (2003).
The most recent sale in MT TERRACE was a condo located at #5A , sold for $839K on May 10, 2017. It had 1644sf of interior. 9 other recent sales include: #18B (1,644sf) sold for $810K on 3/31/2017. #4F (1,644sf) sold for $685K on 12/16/2016. #21F (1,644sf) sold for $780K on 11/18/2016. #9D (1,621sf) sold for $767K on 10/28/2016. #20B (1,644sf) sold for $810K on 9/16/2016. #11D (1,621sf) sold for $750K on 8/16/2016. #1B (1,644sf) sold for $739K on 6/20/2016. # (1,644sf) sold for $739K on 4/18/2016. #21A (1,644sf) sold for $790K on 4/14/2016.
In MT TERRACE there is currently 7 fee simple units for sale. 7 of the condos have ocean views, 3 have Diamond Head views and 6 have mountain views.