Given architect Vladimir Ossipoff’s influence and popularity, his homes, when they come on the market, are highly coveted and command hefty price tags. For instance, there are about five Vladimir Ossipoff-designed homes currently for sale, most located on the island’s windward side and all listed for more than $3 million.
Kahala’s Kai Nani neighborhood is an intimate enclave of about 30 homes running along the eastern side of Waialae Country Club. Homes here hold their value, due to both the lack of inventory and the big-price-tag-commanding golf course and direct oceanfront locations.
Many of you may recognize this opulent Kahala estate from this magazine’s 25 Most Expensive Homes in Hawaii article, which appeared in the September issue. Built by Honolulu attorney David Schutter in the 1980s, the property, which was ranked as the 17th most expensive home in Hawaii with an assessed value of $19.2 million, is currently owned by Kirin Planning.
I’ve seen old condominium and hotel advertisements that trumpeted Makaha as the “new Waikiki,” and while their claims clearly didn’t pan out, it’s interesting to see Makaha through the back-then lens, when it was virgin territory with beautiful beaches, epic surf and some of the island’s best fishing (most of which still holds true).
I’ve had my fair share of maniacal landlords (you know who you are), and, as a result, I’ve acquired a thorough knowledge of Hawaii’s Residential Landlord-Tenant Code. But when I had my first crazy-landlord run-in, I didn’t know where to turn. The following information has saved me from a number of bad situations.
Schrader’s Windward Country Inn, the only hotel on Kaneohe Bay, has sold for $3 million, $900,000 less than the asking price. For 30-plus years, owner Ralph Schrader, who recently passed away, welcomed guests to the intimate-though-aging inn, which is situated at Laenani Point in Kaneohe.
CNBC.com ran a fun story last week highlighting several houses featured in popular TV shows and movies that have recently sold or are currently on the market. Included on the list is the mansion featured in the Lost Season 3 episode, “Tricia Tanaka is Dead.”