About Sunset The Sunset area of the North Shore is generally home to two groups. Surfers and those with the funds to buy homes on these widely envied lands. It's not just professional board riders, current and retired, who have tied their leash permanently here. The top surf companies have bought as well, making the houses their headquarters during the big competitions that happen up here. They can't have their sponsored surfers fighting the traffic with everyone else to reach the beaches on contest day.
You'll still find some of the older, classic North Shore 'shacks' still here, those small wooden houses that embody Mid-Century Hawaii. Even they have appreciated greatly as the desirability has climbed steeply in the past few decades. Sunset real estate does not sell for cheap. The houses with the smallest of spaces under their roofs will still start in the very high 6 figures. One of the bonuses, though, is they often come with more land around them than typical on Oahu.
This can be attributed to the emphasis on the outdoor lifestyle that's always been a large part of the richness of being on this coastline, as well as the fact that agriculture has been important here from the beginning, too. That requires uncovered property. Residents here grew crops or gardens not only for sale, but to feed themselves as well, a practical point when getting to town was a real undertaking.
The other side of modern Sunset real estate are the luxury homes that have increased in number to feed a demand that is only growing. What's significant is that most of them follow the North Shore beach house style, fitting right in with the scene. One of the most prominent places is the gated community of Sunset Colony. Just 30 houses, all with multiple bedrooms and the kind of touches you'd expect in houses that start at over $1M and rise from there.
Not only do the Colony residents have perfect views of the thundering North Shore waves, a good number are beachfront with a capital B. It's the kind of location you'd see featured on the front covers of top-end travel magazines.
Development is strongly resisted across the entire North Shore, so you'll be limited to stand-alone houses if you want to live in Sunset. The community is adamant about staying small and keeping their intimate, yet uncrowded feel, even to the point of buying up land to keep it from being built on – ever.
You can't blame them with the incredible, untouched beauty that has been genuinely kissed by Mother Nature, bestowing so many of her blessings on it. The greenery and flowers spring from the ground with the same joy and force as the towering waves just off shore. Old Hawaii is renewed ever day in Sunset, just waiting for you to come be a part of it all.
The price range of houses for sale in Sunset is $849K to $20M with a median price of $1.97M, median interior of 1,882sf and median land size of 6,000sf.
The median price of houses sold in Sunset year-to-date (Jan - May 25, 2017) is $1.27M. In previous years it was $2.1M (2016), $1.16M (2015), $950K (2014), $1.22M (2013), $800K (2012), $717K (2011), $755K (2010), $750K (2009), $1.1M (2008), $937K (2007), $1.07M (2006), $1M (2005), $870K (2004), $482K (2003).
9 houses have sold in Sunset year-to-date (Jan - May 25, 2017). In previous years, the total number of houses sold were 17 (2016), 19 (2015), 19 (2014), 27 (2013), 17 (2012), 20 (2011), 13 (2010), 21 (2009), 15 (2008), 16 (2007), 23 (2006), 35 (2005), 31 (2004), 26 (2003).
On average Sunset houses were on the market for 122 days before they were sold (Jan - May 25, 2017). In previous years it was 140 days (2016), 110 days (2015), 105 days (2014), 89 days (2013), 83 days (2012), 69 days (2011), 93 days (2010), 112 days (2009), 104 days (2008), 86 days (2007), 75 days (2006), 71 days (2005), 74 days (2004), 94 days (2003).
The average days on market for Sunset houses before sold were 111 days April 2017 compared to 266 days April 2016.
The ratio of Sunset houses sales price vs list price were 95.4% April 2017 compared to 99.0% April 2016.
2 Sunset houses were sold April 2017 compared to 1 house sold April 2016.
The total dollar volume of houses currently for sale in Sunset is $67.06M and the sold dollar volume year-to-date (Jan - May 25, 2017) is $15.97M. In previous years sold dollar volume was $37.94M (2016), $24.72M (2015), $22.79M (2014), $41.1M (2013), $22.14M (2012), $18.96M (2011), $12.7M (2010), $22.14M (2009), $22.9M (2008), $20.1M (2007), $32.79M (2006), $53.7M (2005), $39.52M (2004), $17.4M (2003).
The most recent sale in Sunset was a house located at 59-255 Ke Nui Road, sold for $4.5M on May 17, 2017. It had 864sf of interior. 9 other recent sales include: 59-756 Kamehameha Highway (2,490sf) sold for $1.27M on 4/28/2017. 59-107 Paumalu Place (2,508sf) sold for $1.81M on 4/18/2017. 59-608 Kamehameha Highway (1,809sf) sold for $975K on 4/11/2017. 59-744 Kamehameha Highway (1,272sf) sold for $1.02M on 3/24/2017. 59-783 Kamehameha Highway (2,288sf) sold for $2.47M on 2/23/2017. (1,350sf) sold for $2.45M on 1/30/2017. 58-141 Mamao Street (1,120sf) sold for $745K on 1/25/2017. 58-356 Kamehameha Highway (1,200sf) sold for $710K on 1/2/2017. 59-262 Kamehameha Highway (3,064sf) sold for $2.1M on 9/30/2016.
10 of the houses have ocean views and 9 have mountain views.