Both Moanalua & Salt Lake were originally included in the ahupua'a, or land division passed down from Princess Bernice Puahi Bishop to Samuel Damon in the late 1800's. Most of it was then sold by the Damon family in 1956 to developers, most significantly businessman Clarence T. Ching.
Ching divided the property into lots, which owners could build on as they wished. That's why there are so many unique houses, reflecting the tastes of individual owners. Those aren't the only differences that exist in the trio of neighborhoods that make up this area, which is why it's best to look at them individually.
Moanalua Gardens Much of the Moanalua Gardens homes are up the hillside, giving them expansive views that extend out even to the ocean as well as the city lights each evening.
This is a tight-knit community with numerous families who've lived here for years, some of them the original owners.
Another attraction is the lots tend to be larger here, with the kind of room that you don't often get in Oahu real estate. With these advantages, it's understandable that Moanalua Gardens homes are generally the most expensive of the 3 areas.
Moanalua Valley Moanalua Valley residents enjoy broad avenues and green lawns, making it a very inviting place to live. The attractive mix of houses is another crucial point that has kept prices up consistently. You can find many from the initial build up of the 1960's that are delightfully eye-catching in their stylishness and retro charm.
The Valley also has its share of long-time residents who've been here for years, or even generations. Soothingly calm, it's conveniently close to the highway, yet removed enough that you forget that it, and the surrounding modern hum, is even there.
Salt Lake Salt Lake shares Moanalua's crazy quilt element of homes in different sizes and shapes. Most Salt Lake houses sit very close together, with few real yards or outdoor space around them.
The Foster Village community is an exception, offering some larger lots with lawns, at least in some cases. Overall, Salt Lake is a definite step toward the urban environment from Moanalua's suburban atmosphere.
All 3 of these residential areas are in demand consistently for not only their unique houses, but also the quality schools and many conveniences. Shopping is nearby, with Pearlridge just up the road. Commuting is easy due to the highway's presence nearby. For the many who work at Pearl Harbor or Hickam, both are mere minutes away. Combined, this makes for a great place to call your home. Now you just need to figure out which of the three fits you best.
The price range of houses for sale in Salt Lake/Moanalua is $635K to $1.6M with a median price of $919K, median interior of 1,800sf and median land size of 6,618sf.
The median price of houses sold in Salt Lake/Moanalua year-to-date (Jan - Apr 26, 2017) is $800K. In previous years it was $889K (2016), $764K (2015), $785K (2014), $758K (2013), $700K (2012), $587K (2011), $667K (2010), $675K (2009), $735K (2008), $775K (2007), $680K (2006), $653K (2005), $525K (2004), $435K (2003).
7 houses have sold in Salt Lake/Moanalua year-to-date (Jan - Apr 26, 2017). In previous years, the total number of houses sold were 41 (2016), 42 (2015), 37 (2014), 59 (2013), 45 (2012), 58 (2011), 38 (2010), 30 (2009), 28 (2008), 37 (2007), 44 (2006), 61 (2005), 65 (2004), 69 (2003).
On average Salt Lake/Moanalua houses were on the market for 25 days before they were sold (Jan - Apr 26, 2017). In previous years it was 72 days (2016), 98 days (2015), 79 days (2014), 65 days (2013), 47 days (2012), 55 days (2011), 54 days (2010), 83 days (2009), 77 days (2008), 51 days (2007), 66 days (2006), 52 days (2005), 56 days (2004), 58 days (2003).
The average days on market for Salt Lake/Moanalua houses before sold were 60 days March 2017 compared to 99 days March 2016.
The ratio of Salt Lake/Moanalua houses sales price vs list price were 96.4% March 2017 compared to 93.8% March 2016.
2 Salt Lake/Moanalua houses were sold March 2017 compared to 1 house sold March 2016.
The total dollar volume of houses currently for sale in Salt Lake/Moanalua is $8.98M and the sold dollar volume year-to-date (Jan - Apr 26, 2017) is $5.34M. In previous years sold dollar volume was $36.57M (2016), $32.54M (2015), $29.28M (2014), $45.71M (2013), $30.23M (2012), $35.68M (2011), $24.5M (2010), $20.21M (2009), $21.03M (2008), $29.19M (2007), $31.01M (2006), $38.86M (2005), $34.13M (2004), $31.17M (2003).
The most recent sale in Salt Lake/Moanalua was a house located at 1449 Ala Aolani Street, sold for $708K on Apr 05, 2017. It had 1292sf of interior. 9 other recent sales include: 2060 Mahaoo Place (1,876sf) sold for $840K on 3/6/2017. 1592 Ala Amoamo Street (2,496sf) sold for $915K on 3/2/2017. 4158 Keaka Drive (2,598sf) sold for $421K on 2/8/2017. 3305 Ala Lehua Place (1,580sf) sold for $965K on 2/3/2017. 1293 Ala Aolani Street (1,243sf) sold for $700K on 2/1/2017. 1671 Ala Lani Place (1,242sf) sold for $800K on 1/19/2017. 1728 Onipaa Street (1,674sf) sold for $875K on 12/30/2016. 3264 Ala Laulani Street (4,220sf) sold for $1.36M on 12/23/2016. 3526 Ala Akulikuli Street (1,674sf) sold for $950K on 12/21/2016.
2 of the houses have ocean views, 1 has Diamond Head views and 5 have mountain views.