Jamie Friedman’s Blog

Just listed!

Islander on the Beach is your perfect Kauai getaway!

*some amenities may have additional fees

Don’t miss out on another great Kauai opportunity! Call today for more information.

Jamie Friedman (RA)

Prudential All Star Realty

(808) 634-2011

jamiejoy@aloha.net

Click here to Create a Custom Kauai Property Search

Click here to Search Kauai Properties
 

Another Happy Buyer! After 3 fabulous years of searching, we finally found the perfect match at a fabulous price! Congratulations to the new homeowners of the Honoiki House in Princeville. Soon to be a fabulous vacation rental, this 3 bedroom, 3 bath home of approx 2,572 sq ft living space on just over 10,000 sq ft of land has amazing, astounding Kauai mountain views! Walking distance to the beach and Hanalei Bay Resort.  Home was offered at $875,000 and closed at $690,000.

Well the Islander on the Beach has seen quite a year so far in 2009!

6 units have sold in 6 months and the prices have been outstanding ~ incredibly lower than last year!

In January, an oceanfront unit in the Ni’ihau Building sold for $235,000. Then in February, a bank sale oceanfront unit sold for $200,000 and that was considered unbelievably low for an oceanfront in comparison to the prior sale ~ down $35,000 in just over a month!

Also in February, a garden view unit, ocean view from lanai only, offered at $148,000 sold for $162,000. Yep, that’s right, not a typo.  The unit sold for more than asking.  In this market, many strange things occur. This property was sold with the Buyer assuming the Sellers mortgage loan in its entirety. The advantage to the buyer was that there was no cash down required; the advantage to the seller was that it was no longer considered a short sale.  This is one of those rare and unique transactions where the stars aligned!

But the greatest shocker to the property was the activity in May when two ground floor pool/ocean view units came on the market at $95,000! Holy cow batman! We all thought maybe it was a typo, but in fact it was just a motivated seller (not a bank or a short sale) who wanted their units sold quickly and for cash. Mission accomplished as they both had offers within the week and closed/sold for full price.

The most recent sale, and the last of those that have closed thus far this year, was unit 321. Unit 321 was a bank sale offering at $145,000 which closed last week for $105,000.

This project continues to shake up and shift around with numerous short sale listings, starting at $109,900 for a third floor ocean view up to $189,000 for an oceanfront; a bank sale ocean view 3rd floor listing at $189,000; and some great “regular” listings starting at $139,000.

This is definitely a great time to buy in this project and take advantage of the fabulous “steals and deals”!

Want more information? Please do not hesitate to contact me directly:

Jamie Friedman (RA), Prudential All Star Realty, (808) 634-2011, jamiejoy@aloha.net , www.MyKauaiProperty.com

OR Create your own Custom Real Estate Search at: www.EmailMeKauaiRE.com

I’ve just sold a Resale - condo-townhouse property at 40-484 Kuhio Hwy Islander on the Beach Maui 167 in Kapaa. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

I’ve just sold a Resale - single family property at 298 Hie Street in Kapaa. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Aloha,

I just wanted to check in to say hello and remind you to celebrate! Below are some of the GREAT DEALS right now for oceanfront condo complexes as well as a quick market update for this May!

MARKET UPDATE

In May of 2008, Kauai recorded sales for:

21 residential listings

19 condo listings

8 land listings

In May of 2009, we have:

41 residential listings in escrow

31 condos listings in escrow

31 land listings in escrow

Provided that all of these escrows close during the current month, we are well on our way to a banner May!

Steal of a deal! Oceanfront condo complex with Studio units starting at $59,000!

Kauai Beach Resort

Listings starting at $59,000 (no that’s not a typo!)

Mountain View listings starting at $69,000

Ocean View “regular” listings starting at $99,000

Short sale listings mountain view starting at $49,000 *

Bank Sale listings ocean view starting at $219,000**

Islander on the Beach

Listings starting at $85,000

Ocean view “regular” listings starting at $200,000

Short sale pool/ocean view starting at $85,000*

Short Sale oceanfront starting at $189,000*

Bank Sale ocean view starting at $145,000**

The best deals, in both the Kauai Beach Resort and Islander on the Beach are available for CASH only and many sellers will only consider full priced offers (for the lowest priced regular sales ~ those offered under $100,000).

Though there may be limited financing available for the purchase of a Kauai Beach Resort, each one would be reviewed on a case by case basis and would like require 40% more cash down toward your purchase.

Click the links for more information on short sales and bank sales.

Kauai Beach Resort and Islander on the Beach both are fee simple ownership of units in oceanfront complexes with swimming pools and on-site management available for vacation rentals.

*Short sale offers are subject to lenders approvals and may take from 2 weeks to 4-6 months for approvals depending upon the banks

**Bank sale offers are generally responded to within a week to ten days

It’s a great time to buy on Kauai! Hundreds of properties to choose from, great prices, and record interest rates!

Please do not hesitate to call or email if you have any questions or would like additional information.

Mahalo, Jamie

Jamie Friedman jamiejoy@aloha.net  Prudential All Star Realty Call today! 808-634-2011

Web Links » Search MLS » Short Sale Info » Bank Sale Info » My Listings » Create Custom Search 

© 2009 Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. and Prudential are registered service marks of The Prudential Insurance Company of America and are used herein under license. Equal Housing Opportunity If your property is currently listed with a real estate broker, please disregard this offer, it is not our intention to solicit offerings of other real estate brokers. We cooperate with them fully.

I’ve just sold a Land property at Kulana Subdivision in Kapaa. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Land Land Land ~ Kulana on Kauai ~ SOLD

Land for Sale 1.89 Acres ~ Kulana Kauai

Looking for privacy yet still want to be close to town? Then this nearly 2 acre mountain view lot is perfect for you.Located on Kauai’s east side in the Kulana Subdivision.

When completed this new subdivision has the makings of being the most sought after agricultural subdivision on the island. Two sides of this property are bordered by a full time stream and next to one of the many ponds in this planned community.

Not only are you surrounded by visual pleasures but your ears will be equally satisfied by the soundsof birds singing, the trickle of steam and the gentle trade winds blowing through the tropical flora that surrounds you.

These SELLERS ARE SERIOUS ABOUT SELLING & are offering this SLICE OF PARADISE for significantly less than current market prices!

Don’t delay and call today to arrange a personal tour of this property.

Kulana community amenities plans include a pavilion, six acre lake, paths, and trails. Underground utilities, home design guidelines and placement, as well as community covenants provide assurance of beauty and value for future generations.

MLS # 208409 offered at $219,000 SOLD for $214,000 on April 23, 2009

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Jamie Friedman (RA) cell (808) 634-2011 fax (808) 356-1342

Prudential All Star Realty

Great Price! Check out Banyan Harbor unit #52! Two bedrooms, 1.5 baths, townhome style floor plan ~ Reduced to $299,000

Your Kauai Condo is just a phone call away!

 Banyan Harbor has many options ~ owner occupants, vacation rentals, and long term rentals are all possible at this established condo complex located in the heart of Lihue . 

Across the street, a short walk away, is the beautiful Kalapaki Bay ~ watch the sunrise, relax on the beach, rent a kayak or float your cares away. 

Great restaurants, shopping, and more are all about a 5 minute walk from this spectactular condo! 

Check out Banyan Harbor today! 

Offered at $299,000 Fee Simple.

One of the most desirable and popular tourist destinations in the world awaits!See it today!

Jamie Friedman (RA)

Prudential All Star Realty

(808) 634-2011

JamieJoy@aloha.net

Create Your Custom Kauai Property Search www.EmailMeKauaiRE.com

Search Kauai Property Listings: www.SearchKauaiProperties.com 

In an unprecedented event, two ocean/pool view Islander on the Beach units were dropped to $95,000! Units 142 and 143.  With this $100,000 price reduction, they immediately went into Escrow!

Islander on the Beach unit 141 has dropped to $85,000 ~ to be the next unit SOLD!  Islander 141 is also an ocean/pool view ground floor unit located in the Oahu building. This unit, and the entire project, were remodeled recently and offers beautiful hotel-style accommodations.  On-site pool, BBQ area, lobby access to computers and internet, on-site laundry facilities and more!

Islander on the Beach is an oceanfront complex with on-site management and just steps to the fabulous Coconut Marketplace where you may find restaurants, shopping, and more!

This is a studio condo-tel unit offered to cash buyers only as limited to no financing is available from lenders for these type of lodging units.

Islander 141 is a short sale offering and all offers would be subject to buyers, sellers, and lender’s approvals.

Don’t miss out on another great Kauai opportunity! Call today for more information.

Jamie Friedman (RA)

Prudential All Star Realty

(808) 634-2011

jamiejoy@aloha.net

Click here to Create a Custom Kauai Property Search

Click here to Search Kauai Properties

Another Happy Buyer!  I am happy to have matched my clients with the perfect Kauai condo for their needs ~ Kalapaki Villas #108, an upstairs 3 bedroom, 2 bath condo was sold on April 27, 2009.  Asking price $275,000; final sales price $212,500. Congratulations Mr and Mrs L + family!