Real Estate

This Week’s Open House Pick: Kahala

Hale O Manu I Palekaiko, or House of Bird of Paradise, stands out among its Kahala neighbors.

Old Pineapple Hut Property for Sale

They may be something of an eyesore at the moment, but these three adjoining Matson Point lots in Kaneohe are brimming with history.

Number Crunching: October Real Estate Stats for Honolulu

The October real estate numbers from the Honolulu Board of Realtors were just released yesterday, and the news is shruggable. Here are a few notable points.

Historic George D. Oakley Residence Back on Market

Architectural gems like this don’t often come on the market. In fact, this is the first time since it was built in 1929 that the George D. Oakley house in lower Manoa has been listed for sale. The residence, which was designed by architect Miles H. Gray, an engineer with the U.S. Army Quartermaster Corps., is considered one of the state’s best remaining examples of houses built in the English cottage style, and is listed on both the National and State Registers of Historic Places.

Proposed Changes to Taxes on Historic Homes

If you’re interested in the preservation of historic homes on Oahu, today’s column is for you. This Wednesday, Nov. 10, the Honolulu City Council’s Budget Committee, chaired by councilmember Nestor Garcia, will hold a public hearing to discuss Bill 55 and Resolution 10-274, both of which will impact residences placed on the Hawaii Register of Historic Places after Jan. 1, 1977.

Flipping Houses in This Economy? You Bet.

Many local real estate experts would say that you’d have to be flippin’ crazy to flip a house in this economy, but that’s just what two investors did with this Coconut Grove home.

So, You Want to Live in the Trump Tower Waikiki Beach Walk?

The Trump International Hotel and Tower Waikiki Beach Walk doesn’t allow open houses, so unless you decide to stay as a hotel guest, you’re not getting in to see the building’s ultra-swanky abodes. Trump’s debut in Waikiki has not been smooth sailing: The condo-hotel, which has 462 units, sold out in record time, but then, as the opening neared, the economy sank deeper into a recession and the buyer cancellations began. Rather than lose the large down payment, many owners chose to close on the properties, only to almost immediately put them back on the market. So, for a while it seemed that the MLS was awash in Trump listings. But things are looking up for Trump. In October, there were 41 units active in MLS, and seven units have sold in the last six months, with an average days-on-market of 54.

Hilton, Back in the Day

As I mentioned in a recent post, I’ll be sharing some vintage HONOLULU Magazine real estate ads from time to time. This Hilton Lagoon Apartments ad, from the August 1966 issue, caught my eye thanks to its highlighter-yellow backdrop and eye-catching black-and-white illustrations, drawings meant to convey the good life in Honolulu.

Crouching Lion Inn & Restaurant for Sale

The Crouching Lion has long been a welcome respite for weary Oahu residents tasked with chauffeuring their in-laws around the island on whirlwind tours of the east side and North Shore. (Sea turtles! Shave ice! The mac nut farm! Oh, my). Having done this jaunt several times, I can honestly say that around Kaaawa, my patience begins to wear a little thin, which is why the Crouching Lion is so fantastic. Perched on a hillside, with abundant outdoor eating areas, ocean views and a gift shop, it’s every tourist’s happy spot and an excellent excuse for the tour guides to relax with mai tais. In fact, I’d become so enamored with the place that I wrote about it in last year’s Best Bars feature.

Ossipoff-Designed House on Market for $3.5 Million

A fan of the work of architect Vladimir Ossipoff (yes, even the hotly debated IBM Building), I’m experiencing a bit of real estate envy with this house, a Diamond Head stunner that displays many of the details for which Ossipoff has come to be known: whitewashed masonry, exposed concrete, natural finish woods, picture-window walls, large overhanging eaves and lanai that act as extensions of the interior spaces.

Spook-tacular Real Estate

I love a good ghost story, and, here on Oahu, there are plenty of tales of spooks and ghosts and things that go bump in the night. And there are definitely haunted-house (and haunted-building) stories galore.

Vintage Ilikai

HONOLULU Magazine goes back to 1888, and was called Paradise of the Pacific until 1966, so its back issues act like a time capsule of Hawaii's pre- and post-statehood years. I particularly love the vintage condominium and home advertisements in the 60s and 70s issues. I found one that touted its “asbestos flooring” (fireproof, one of our editors cracked), and another that described Makaha as the “new Waikiki.” The advertisements, cheesy and retro as they may be, offer a snapshot of a different era, evidence of the island’s swift development during those decades.

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