Monday, July 1, 2013

Retiring rich — in Pauoa?

Retiring rich — in Pauoa?

Thanks to Forbes Magazine, Pauoa Valley might be getting more attention.

In last week’s issue, Forbes ran an infographic on 25 places to retire rich. Honolulu earned a place on the chart, with the comment “especially the Waialae, Kahala, Nuuanu and Pauoa neighborhoods.”

The first three are obvious choices. I’m just not sure I would have made Pauoa my fourth though, so I decided to look into it.

Located on the slopes of Punchbowl Crater, Pauoa is close enough to the heart of urban Honolulu to appeal to those who need to be close to the city but prefer a suburban home over condo living. It’s lush and green, a bit cooler than other parts of the island and homes high on the crater have a stunning view.

How rich do you have to be to live there? A few searches of Pauoa and Punchbowl turned up five properties ranging from $788,000 for a 3-bedroom up to $1,275,000, also for a 3-bedroom. In between, you can find properties with more bedrooms under $900,000.

In nearby Tantalus, however, you can’t find anything but an empty lot for under $1 million, which makes me wonder if the area was includes in the Forbes research.

If I’ve missed a hidden gem in Pauoa, feel free to comment here or email.

(h/t Melissa Chang for pointing out the Forbes chart.)

Posted on Monday, July 1, 2013 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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