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Wednesday, June 27, 2012

Hot opportunity in Mariner’s Cove

This newish listing in Mariner’s Cove isn’t fancy, contemporary, or full of bells and whistles, but it’s expected to draw a lot of interest thanks to the one feature realtors love: Location, location, location. (Click here for details.)

At first glance, the price seems a little high, at over a million dollars, since this Windjammer model is older —built in 1969 — and the interior design is a bit dated, despite the new paint and carpet. But two comparable homes in the area recently went in to escrow for$1.2 and $1.3 million, respectively, due to the neighborhood being very desirable (as many East Honolulu homes are), plus it’s right on the water with a view of Koko Head. The breezes here are fairly gentle, which is also a plus, since other sections of the marina experience more wind.

The two-story living area is a spacious 2,507 square feet with an open layout, including four bedrooms and three bathrooms. The lot is 7,702 square feet and has a pool with a huge deck, perfect for entertaining.

“The whole community centers around the marina and marina front activities, stores, and restaurants. People move toHawaii Kai for the access to the water, boating, skiing, paddle boarding and other activities,” says realtor Jane Davis of East Oahu Realty. “That’s why the community’s annual Christmas parade is on the water. Someone buying in Niumalu might get a front row seat to the annual boat parade and festivities.”

Money talk: $1,195,000 fee simple
Contact: Cherie Tsukamoto, East Oahu Realty, 808-791-2216, cherie.tsukamoto@eastoahu.com

Posted on Wednesday, June 27, 2012 in Permalink

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About This Page

Honolulu Real Estate focuses on the Hawaii housing market, condos and homes for sale, Hawaii rentals and general news about real estate in Hawaii. It also includes stories on apartment living, home decor and profiles.
 


Melissa Chang graduated from the University of Hawaii with a degree in journalism and has been blogging since 2007, mostly on food and travel. She works primarily in social media, so you can find her online @Melissa808 on Twitter and Instagram.


 


Jaymes Song is a real estate agent at Prudential Advantage Realty in Kahala. Jaymes is in the top 7 percent of Prudential agents nationwide. Previously, Jaymes was at The Orange County Register, Honolulu Star-Bulletin and rose through the ranks to overseeing news and operations for AP in Hawaii and the Pacific Rim. Jaymes lives in the Portlock area and loves his real full-time job of being dad to two curious kids.


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