The Spinnaker Isle neighborhood in Hawaii Kai is a residential marina peninsula located just south of lower Hahaione Valley. Look for Kumukahi Pl to enter the neighborhood off Hawaii Kai Dr. Kumukahi Pl splits into two sections, both running parallel to each other like two fingers protruding south into the Hawaii Kai Marina.
The Spinnaker Isle marina front neighborhood was designed in a shape that maximizes the number of homes located directly on the marina. In fact, all 92 Spinnaker Isle homes are marina front homes, on both sides of the street, running along both, the eastern and western section of Kumukahi Pl.
Spinnaker Isle’s eastern finger includes 55 marina front homes from 542 to 703 Kumukahi Pl. Spinnaker Isle’s western finger includes 37 marina front homes from 711 to 813 Kumukahi Pl. Homes with even street numbers are facing inward towards the other finger across the marina. Homes with odd street numbers are facing outward.
Insight to Spinnaker Isle Homes & Neighborhood Just about all original 92 Spinnaker Isle homes were built between 1968 and 1970. All of the original Spinnaker Isle homes were designed as single level homes on generous level lots ranging between 7,190 to 9,800 sqft. Five or six lots located at each tip of their respective finger enjoy some wider marina frontages due to their unique pie shape. The homes between 559 and 609 Kumukahi Pl enjoy a somewhat superior wider marina view with greater distance across the water to the homes along Kaiolohia Pl.
Most of the original single level homes range between 1,460 to 2,600 sqft interior living area. A few homeowners over the years have added a second story addition, but the majority of the Spinnaker Isle neighborhood has remained single level, for now.
812 Kumukahi Pl located at the tip of the eastern finger sits on a 10,483 sqft oversize lot zoned R-5. The original home was torn down and two brand new legal attached 2-story single family dwellings were built in 2000 with a combined 7,000 sqft interior living area (now 812 & 814 Kumukahi Pl). The double home sold just shy of $2.5Mill in 2005, a record sales price for this neighborhood.
The Spinnaker Isle subdivision has all been built out since the early 1970’s. There are no vacant buildable lots remaining today.
There is a nominal Spinnaker Isle association fee of currently $25 /mo (2016). Also, all Hawaii Kai marina front homes pay a $400 /year (2016) Hawaii Kai Marina association fee.
The price range of houses for sale in Spinnaker Isle is $1.35M to $1.37M with a median price of $1.36M, median interior of 2,021sf and median land size of 7,825sf.
The historic median sales price of houses sold in Spinnaker Isle was $1.6M (2016), $1.58M (2015), $990K (2012), $1.14M (2011), $1.07M (2010), $1.08M (2008), $1.41M (2007), $1.28M (2006), $1.22M (2005), $1.15M (2004), $764K (2003).
0 houses have sold in Spinnaker Isle year-to-date (Jan - Jun 29, 2017). In previous years, the total number of houses sold were 1 (2016), 2 (2015), 1 (2012), 4 (2011), 3 (2010), 3 (2008), 4 (2007), 3 (2006), 4 (2005), 3 (2004), 6 (2003).
Historically, the average number of days it took to sell houses in Spinnaker Isle was 162 days (2016), 58 days (2015), 38 days (2012), 45 days (2011), 113 days (2010), 119 days (2008), 135 days (2007), 91 days (2006), 119 days (2005), 45 days (2004), 95 days (2003).
The total dollar volume of houses currently for sale in Spinnaker Isle is $2.72M . The sold dollar volume in previous years was $1.6M (2016), $3.16M (2015), $990K (2012), $4.62M (2011), $3.3M (2010), $3.24M (2008), $5.97M (2007), $4.03M (2006), $6.09M (2005), $3.28M (2004), $4.67M (2003).
The most recent sale in Spinnaker Isle was a house located at 656 Kumukahi Place, sold for $1.6M on Feb 04, 2016. It had 1909sf of interior. 9 other recent sales include: 670 Kumukahi Place (1,867sf) sold for $1.58M on 12/18/2015. 610 Kumukahi Place (2,374sf) sold for $1.58M on 3/27/2015. 804 Kumukahi Place (1,848sf) sold for $990K on 1/25/2012. 616 Kumukahi Place (2,302sf) sold for $1.1M on 12/15/2011. 632 Kumukahi Place (2,021sf) sold for $935K on 12/15/2011. 762 Kumukahi Place (2,276sf) sold for $1.19M on 9/2/2011. 656 Kumukahi Place (1,909sf) sold for $1.39M on 2/10/2011. 798 Kumukahi Place (1,500sf) sold for $1.07M on 12/15/2010. 683 Kumukahi Place (1,841sf) sold for $1.15M on 8/18/2010.