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Today, the Sotheby’s International Realty network,  welcomes our newest affiliate company, Hong Kong Homes. The addition of Hong Kong Homes to the Sotheby’s brand completes the Pacific Rim circle that expands from Hawaii to Japan to Singapore to Hong Kong, an already proven and established source of clientele for Hawaii Real Estate. Hawaii is not all that big, with just over one million people throughout the entire state, one could make the case that our market is limited.  In 1989, when we started the first office of MacArthur and Company on the Big Island of Hawaii,  I realized that if we waited for the buyers to come to us, we were not providing our clients a service.  We were just placing our client’s homes in MLS and waiting for someone to arrive at our door, or at least call us.  We could advertise in every newspaper and magazine in the state, every day, and still our audience was relatively miniscule.  That’s when I began to explore the horizons of marketing Hawaii real estate across the USA and eventually throughout the world.  

 

We started with Estates Internationale, owned and operated by the very progressive and sophisticated marketing genius Robert Kelsey and his talented wife Pam. We began marketing our unique properties through their exquisite publication and we began to develop a network of high-end brokers around the world.   Through that network, at the invitation of Sotheby’s International Realty in 1992, we became an affiliate of this unsurpassed worldwide network. The Sotheby’s Auctions Houses throughout the world partner in the marketing of Sotheby’s International Realty listings.  Their clients are our clients and our listings are visible in their auction houses around the world. Their clients are collectors – connoisseurs of life and they buy the best from art to real estate! Sotheby’s gives us a unique advantage over our competitors to a global pool of qualified clientele that has been discretely developed over hundreds of years.

We have access and credibility. Not to mention the best internet exposure in the world. Look at the Wall Street Journal or the New York Times sites, Sotheby’s International Realty, MacArthur and Company/Sotheby’s International Realty (BigIslandRealE.com).....

Who do you want marketing your Hawaii home?  And who do you think can bring you buyers from everywhere????  


 

 

The high end of the luxury Hawaii market has come alive again on the Big Island over the last several months.
This is a very positive sign for those of us looking for a barometer to read the condition of today’s luxury market.

  

On December 14, 2009, the stage was set for 2010, when an ocean front property at Hualalai Resort sold for

$26,250,000. Since then others have fallen in line, two homes on Waiulu Street in the Hualalai Resort are now 

in escrow. An ocean front listed at $17,500,000 and a near ocean front listed for $15,250,000 are both due to

record sometime in March. Once these properties trade, only two truly ocean front homes will remain available

on the island at the high-end luxury level. Both are located in the private ocean front community of 49 Black

Sand Beach. One, listed at $17,900,000 and the other, $19,995,000 respectively.

 

Nearby, the Kukio developer’s ocean front lots at KD (just north of the Kona Village), originally listed in the $11M

range, have been moving as well, with significant reductions. Since January, lots 6,8,9,17,18,13 and 15 have all

sold or are under contract for $4,000,000 each. This ocean front address will join rank with the likes of ocean front

property at Kukio proper, Hualalai Resort, 49 Black Sand Beach, and the Bluffs at Mauna Kea Resort.

It’s refreshing to see buyers coming off the fence at the high end, kicking tires and pulling the trigger to take full

advantage of sellers who have ridden through the dark ages of 2008 & 2009 and are flexible - ready to move on.

In the trade we call these buyers “Smart Money” because of their impeccable market timing.

 

So when the “Smart Money” guys come out to play, as they have, it’s time to sit up and take notice….

 

The "PINEAPPLE HALE" is an estate residence with excellent architecture and fine features throughout, including granite, marble, travertine floors, cherry cabinets, mahogany doors and pretty pineapple lighting fixtures at every turn!

 

This residence contains two master suites, each with its own private lanai and beautifully appointed master bathrooms. One is equipped with an outdoor shower. There are two additional bedrooms and/or caretaker quarters, also with their own private entrances, baths and lanais!

 

This property is located in "Ke Alohi Kai", a prominent oceanfront gated community in Kailua-Kona just minutes from resorts, golf, surfing, sport fishing and more. 

 

This is a noteworthy property on its own, but given the price of just $899,900. makes this one of the best deals on the island.  This island home is a foreclosure property and the bank has taken title which means it can close escrow quickly and easily. What makes this an additional steal is the neighborhood, located on the makai (ocean) side of world famous Ali’i Drive in Kailua-Kona, HI. (A local developer has his new construction currently listed at $4.7 million!) 

 

Located near Kamoa Point, the same spot King Kamehameha loved to relax and surf with his warriors and attendants to revitalize in the warm ocean waters and magnificent shores! This home exudes relaxed, easy island living. 

 

Begin your daily island adventures here and end the day relaxing here just like Kamehameha did.

 

Click here to view more information on: Ke Alohi Kai 

 


 

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