Real Estate

So, You Want to Live in the Trump Tower Waikiki Beach Walk?

The Trump International Hotel and Tower Waikiki Beach Walk doesn’t allow open houses, so unless you decide to stay as a hotel guest, you’re not getting in to see the building’s ultra-swanky abodes. Trump’s debut in Waikiki has not been smooth sailing: The condo-hotel, which has 462 units, sold out in record time, but then, as the opening neared, the economy sank deeper into a recession and the buyer cancellations began. Rather than lose the large down payment, many owners chose to close on the properties, only to almost immediately put them back on the market. So, for a while it seemed that the MLS was awash in Trump listings. But things are looking up for Trump. In October, there were 41 units active in MLS, and seven units have sold in the last six months, with an average days-on-market of 54.
2010.11.04 03:32 PM

Hilton, Back in the Day

As I mentioned in a recent post, I’ll be sharing some vintage HONOLULU Magazine real estate ads from time to time. This Hilton Lagoon Apartments ad, from the August 1966 issue, caught my eye thanks to its highlighter-yellow backdrop and eye-catching black-and-white illustrations, drawings meant to convey the good life in Honolulu.
2010.11.03 08:28 PM

Crouching Lion Inn & Restaurant for Sale

The Crouching Lion has long been a welcome respite for weary Oahu residents tasked with chauffeuring their in-laws around the island on whirlwind tours of the east side and North Shore. (Sea turtles! Shave ice! The mac nut farm! Oh, my). Having done this jaunt several times, I can honestly say that around Kaaawa, my patience begins to wear a little thin, which is why the Crouching Lion is so fantastic. Perched on a hillside, with abundant outdoor eating areas, ocean views and a gift shop, it’s every tourist’s happy spot and an excellent excuse for the tour guides to relax with mai tais. In fact, I’d become so enamored with the place that I wrote about it in last year’s Best Bars feature.
2010.11.02 05:59 PM

Ossipoff-Designed House on Market for $3.5 Million

A fan of the work of architect Vladimir Ossipoff (yes, even the hotly debated IBM Building), I’m experiencing a bit of real estate envy with this house, a Diamond Head stunner that displays many of the details for which Ossipoff has come to be known: whitewashed masonry, exposed concrete, natural finish woods, picture-window walls, large overhanging eaves and lanai that act as extensions of the interior spaces.
2010.11.01 12:45 PM

Spook-tacular Real Estate

I love a good ghost story, and, here on Oahu, there are plenty of tales of spooks and ghosts and things that go bump in the night. And there are definitely haunted-house (and haunted-building) stories galore.
2010.10.29 12:14 PM

Vintage Ilikai

HONOLULU Magazine goes back to 1888, and was called Paradise of the Pacific until 1966, so its back issues act like a time capsule of Hawaii's pre- and post-statehood years. I particularly love the vintage condominium and home advertisements in the 60s and 70s issues. I found one that touted its “asbestos flooring” (fireproof, one of our editors cracked), and another that described Makaha as the “new Waikiki.” The advertisements, cheesy and retro as they may be, offer a snapshot of a different era, evidence of the island’s swift development during those decades.
2010.10.28 03:15 PM

Paiko Drive Perfection

I first wrote about this house a few years ago for another magazine, and I’m still just as enamored with its idyllic, away-from-it-all location—at the end of a narrow, dirt drive surrounded by the Paiko Lagoon Bird Sanctuary and nearby conservation lands. Back then, I wrote in my notes that the house “doesn’t so much rise up to greet you as poke its head through the bushes. It’s a very subtle design, with a flat roof that echoes the linear line of the ocean and the horizon.” How very poetic of me.
2010.10.27 02:35 PM

Palolo’s Tree House

If you’re familiar with the phrases “compostable toilet,” “off the grid” and “water catchment system,” then this uber-green house in the very back of Palolo Valley may just be your slice of real estate heaven. The “tree house,” which is not actually a legal living structure—it’s zoned as a screened porch—is situated on 6.33 acres, including 122 feet of mountaintop at the property’s apex, whole sections of which are planted with papaya, mango, lychee, banana, avocado, lime, lemon, grapefruit and breadfruit trees, as well as rosemary, heather, heliconia and ginger plants. George of the Jungle would be jealous.
2010.10.26 03:19 PM

Beachfront Lanikai Villa Reduced by $2 Million

“It’s the only home on Lanikai Beach that has sandy beach, a yard and a big house,” says Annie Kwock. “Whereas, the other listings in Lanikai that have a nice yard and pool are on the sea wall. This house has got great beach access, and it’s private. And you just don’t see this style in Hawaii. It’s very charming and romantic. It has kind of a Romeo and Juliet feel inside.” The home’s design, by architect Ralph Gray, is textbook Mediterranean: A gleaming, white-stucco exterior contrasts a turquoise-tiled roof, while curved doorways and stone pillars mark the transitions between indoor-outdoor living spaces.
2010.10.25 08:16 PM

Open House Pick of the Week: Kalele Kai

Kalele Kai is a high-end, waterfront condominium community in Hawaii Kai with 229 two- and three-bedroom condos spread across three, six-story mid-rise buildings, as well as 10 three-bedroom waterfront town houses. It's an in-demand address thanks to its proximity to beaches and shopping, secure, gated entrance, and marina, mountain and ocean views. Amenities include clubhouse facilities, swimming pool with whirlpool spa, reserved parking and private boat slips. Resale prices are currently listed between the mid-$600s to just over $1 million, and rentals in this community can fetch between $2,000 and $3,500 per month.
2010.10.22 02:06 PM

The Real Deal: The Edition Hotel

In case you somehow missed the massive amounts of media hype, the Edition hotel had its grand opening this past weekend. While trying not to be distracted by the rarefied gathering of Honolulu’s hipster elite and a smattering of Hollywood celebs (hey, was that Kumar?), I found myself wondering: Will the Edition be good for real estate?
2010.10.21 05:12 PM

Elegance Personified: Dowsett-Ave. Estate for Sale

My favorite part of a home tour happens before I even reach the front door: I love coming up the driveway, watching as a home slowly reveals itself. And this Dowsett-Ave. residence, which is set back from the road, hidden behind a sentinel-like row of towering shrubs, has a big reveal. But not the kind you get with so many of the newer homes, which have larger-than-life, demanding presences. No, with this house, I felt as if I’d been transported to a French countryside estate full of old-time, graceful elegance. It’s a classy grande dame of a home, and it makes me happy to know that these places still quietly exist here on Oahu.
2010.10.20 05:03 PM

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