hawaii real estate auction

Real Estate Auction Planned On Kauai

Filed under: Estates, Auctions, Real Estate Developments

Didn't I just mention a major auction of Hawaii real estate last week. Why yes I did but here comes another one. Kennedy Wilson is auctioning off six luxury residences at Wainani at Poipu on Kauai on December 28. The residences have low starting bids of just $450,000.

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Major Real Estate Auction Planned For Hawaii

by Deidre Woollard (RSS feed) —

Filed under: Auctions, Real Estate Developments

A major auction was announced recently for 11 premier condominium homes and three oceanview homesites located on the Hawaiian island of Lana'i, owned by Castle & Cooke, David H. Murdock's real estate company (who also happens to be the owner of Dole Food Co., Inc.). Lana'i is home to many high-end developments and these properties are located across four private ones. The sale will be held on January 16 at a Southern California location and opening bids will range from $435,000 to $845,000, which are up to 68 percent below previous asking prices.

Accelerated Marketing Partners (AMP) will conduct the auction for the homes which represent more than $20.5 million worth of real estate. The residences and homesites being offered at the January 16 sale are located within private Lana'i developments in Oceanside Manele and Upcountry Ko'ele. Each area offers attractions, ranging from scuba diving and whale watching, to horseback riding, a world-class sporting clay venue and archery. All homes are available for immediate occupancy.

Tags: hawaii, hawaii real estate, hawaii real estate auction, real estate, real estate auction

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Pueo Point, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Concierge Auctions is back in Hawaii for another on-site auction. On August 23, the firm will auction off Pueo Point, an ocean bluff residence and adjacent lot located on the North Shore of Kauai. The sale is being conducted in cooperation with Neal Norman of Koa Properties.

Located on Anini Vista Drive, Pueo Point is perched on a bluff overlooking Anini Beach, which has the longest reef of all the Hawaiian Islands. The properties have landscaped gardens and trails leading to the tranquil and secluded beach below. The residence includes three bedrooms, an office, gourmet kitchen, maple hardwood floors, custom teak cabinetry and floor-to-ceiling sliding glass doors. Every room offers ocean, garden or sunset views and the exterior of the home features a saltwater pool and spa, private shower, protected dining area, limestone lanais and ipe decks. "The home and grounds are a work of art and a labor of love," stated Michele Hughes of The Michele Hughes Company, developer and owner of the seven-acre property.

The property is being sold in two sections, one for the main residence on 1.32 acres, and one for the adjacent 1.67-acre lot. Together the two parcels have a 2/3 undivided interest in an additional four acres of manicured common area. The residence was once offered at $9.8 million, the suggested opening bid is $3.8 million. The lot was appraised for $3.7 million and the suggested opening bid is $1.5 million.

Gallery: Pueo Point

Tags: concierge auctions, estate of the day, hawaii real estate, hawaii real estate auction, pueo point, real estate auction, real estate auctions

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Peliku Place House Auction Results

by Deidre Woollard (RSS feed) —

Filed under: Estates

A little earlier a reader asked for an update on some of the real estate auctions I've covered. The auction results aren't always available but one that was recently revealed was the result of the auction of the Paliku Place home in Hawaii which was auctioned off on March 8. Concierge Auctions auctioned off two properties on the island of Kauai a 6,015-square-foot ocean bluff estate on 5.79 acres and an adjacent five-acre ocean bluff lot. The estate was previously offered for $9.995 million and was being auctioned with a reserve of $2 million and a pre-sale estimate of $3 to $7 million. The five acre lot was being sold absolute (no reserve) and had a pre-auction estimate of $500,000 to $1.5 million.

The home in Kealia Kai is perched atop Paliku Point and offers ocean views. The home has three bedrooms, study, exercise room, gourmet and a large great room as well as plenty of covered lanai space and a terrace. There is also a pool and spa and a detached guest house with full bathroom, kitchen and garage. The home is secure against the weather with doors and windows rated for 80-120mph winds and a whole-house generator. Other features include a digital security system, central air conditioning and central vacuum.

The house sold for $3.1925 million to a buyer from Colorado, and the adjacent five-acre ocean bluff lot sold for $1.001 million to a buyer from California. Concierge Auctions says that there were a total of 111 interested buyer prospects from 18 U.S. states and Canada, and 17 registered bidders from seven states.

Gallery: Paliku Place

Tags: hawaii real estate auction, paliku place, real estate auction, real estate auction results

Paliku Place, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Following hot on the heels of the successful Hawaiian real estate auction last month, Concierge Auctions has announced another auction scheduled for March 8. This auction on the island of Kauai will include a 6,015-square-foot ocean bluff estate on 5.79 acres. The estate was previously offered for $9.995 million and is being auctioned with a reserve of $2 million and a pre-sale estimate of $3 to $7 million.

The home in Kealia Kai is perched atop Paliku Point and offers ocean views. The home has three bedrooms, study, exercise room, gourmet and a large great room as well as plenty of covered lanai space and a terrace. There is also a pool and spa and a detached guest house with full bathroom, kitchen and garage. The home is secure against the weather with doors and windows rated for 80-120mph winds and a whole-house generator. Other features include a digital security system, central air conditioning and central vacuum.

Also up for auction is an adjacent ocean bluff lot. The five acre lot is being sold absolute (no reserve) and has a pre-auction estimate of $500,000 to $1.5 million. The sale is being conducted in cooperation with Neal Norman, Founder and Principal Broker of Koa Properties. For more information on the auction, contact Concierge Auctions at 877-215-2370 or visit www.KauaiLuxuryAuction.com

Gallery: Paliku Place

Tags: concierge auctions, ConciergeAuctions, estate of the day, EstateOfTheDay, hawaii real estate auction, HawaiiRealEstateAuction, kauai, luxury real estate auction, LuxuryRealEstateAuction

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