Category Archives: Kauai Information

Kauai single-family home price drops as condo prices jump 18%

By  – Real Estate Editor, Pacific Business News
Updated

The median price of a single-family home on Kauai fell 17 percent last month as the number of homes dropped by more than 50 percent, compared to a year ago, while the median price of a Garden Island condominium rose by 18 percent despite fewer sales, according to statistics from Hawaii Information Service on behalf of Kauai Island Realtors.

The median price of a single-family home on Kauai in March was $629,900, which was a decline of 16.9 percent from $758,000 during the same month last year.

That was based on sales of 29 homes, which was a drop of 54.69 percent from 64 homes sold in March 2018.

The median price of a condo on Kauai in March was $521,750, which was an increase of 18.18 percent from $441,500 last year. That was based on sales of 34 units, a drop of 22.73 percent from 44 units sold in March 2018.

Wow! 519 inches of rain at Waialeale

Check out this article from Kauai’s Garden Island Newspaper about the record breaking rainfall we have received:

LIHUE — Cool, dry days and nights are following the wettest year at many Kauai gauges since 1990.

That’s according to reports from National Weather Service hydrologist Kevin Kodama, who said the total rainfall count on Mt. Waialeale in 2018 was 519 inches, 132 percent of the average.

“This substantial 2018 total also resulted in one of the few times in recent years that the running 30-year average for annual rainfall did not decrease,” Kodama wrote in the December Report. “In 1997, the 30-year average annual rainfall at Mount Waialeale was 406.03 inches. By 2017, it had decreased to 362.37 inches before rising a bit to 365.78 inches in 2018.”

According to the NWS Year to Date map, which shows total 2018 total rainfall numbers recorded at U.S. Geological Survey gauges, Kokee accumulated a little more than 100 inches, 160 percent of the average; Kilohana received 192.3 inches, 117 percent of the average; Wainiha received 177.2 inches, 158 percent of the average; and Hanalei recorded 190.3 inches, 220 percent of average.

Kapahi received 137.6 inches in 2018, 141 percent of average; Wailua received 122.5 inches, 152 percent of average, Lihue airport recorded 51.9 inches, 142 percent of average, Poipu recorded 55.9 inches, 157 percent of average, and Waimea Heights recorded 37.4 inches, 179 percent of annual average.

Because of the government shutdown which President Donald Trump ended on Friday, Kodama couldn’t comment on rainfall patterns and averages throughout the year, but did say that the cooler temperatures and current weather patterns are in line with predictions released in the 2019 wet season outlook.

The outlook pointed to ongoing rain in the beginning of the wet season, but the prediction pointed to below average rainfall starting December and moving through the spring.

That could mean drought in some areas by the end of February.

“We’re right in it now, the rainfall is consistent with a developing El Nino,” Kodama said.

April and August brought torrential rains to Kauai, events that bolstered the island’s precipitation numbers and impacted the rest of Hawaii as well.

April 15 rains dumped an unconfirmed 49.69 inches in a 24-hour period over Hanalei, which will be record-setting if the data recorded from the rain gauge can be proven reliable.

That investigation is being handled by the currently furloughed National Climactic Extremes Committee under the National Oceanic and Atmospheric Administration.

•••

Jessica Else, environment reporter, can be reached at 245-0452 or jelse@thegardenisland.com.

PRICE REDUCTION: Princeville Plantation Paradise

PRICE REDUCTION!  PRINCEVILLE PLANTATION HOME

$985,000 FS  

3 BD / 3BA    2364 SF

Charming, single-level, fully furnished, plantation home on an oversized lot with vaulted ceilings and laminate floors. Expansive wrap-around lanai, perfect for enjoying Kauai’s climate surrounded by a beautifully landscaped yard. Upgraded kitchen with quartz counter tops provides a modern look. Dining area opens to the lanai for indoor-outdoor living. Adjoining spacious living room with picture window has high sculptured ceilings. Spacious master suite and two guest bedrooms have their own air conditioning units and access to the covered lanai. Recently remodeled baths include beautiful custom tile. Solar panels provide plenty of hot water. Private back yard with mature, colorful landscaping. Attached oversized two-car garage has a work/storage area. Currently a vacation rental, this turn-key home could make an excellent primary or second residence. Ideally located on a quiet cul-de-sac in Princeville, a short walk from the park, shopping, dining, beaches, golf, and walking trails.

Organic farm next to Facebook CEO’s Kauai property on the market for $23M

ARTICLE COURTESY OF PACIFIC BUSINESS NEWS:
By   – Real Estate Editor, Pacific Business News

The 44.63-acre Kauai Organic Farms on N. Waiakalua Road in Kilauea on Kauai’s North Shore is one the market for $22.95 million. The property, which is adjacent to 89 acres of land recently acquired by Facebook CEO Mark Zuckerberg, is being marketed by Cushman & Wakefield ChaneyBrooks in Honolulu with advisory services from Cushman & Wakefield’s Land Advisory Group in San Diego.

Click HERE to read the article on Pacific Business News

Construction begins for new grocery-restaurant hybrid in Kauai’s Kilauea Lighthouse Village

By   – Reporter, Pacific Business News

Construction has begun for the 12,700-square-foot Kilauea Market + Café in the Kilauea Lighthouse Village on Kauai, a new grocery-restaurant hybrid from the Sullivan Family of Companies’ Kalama Beach Corp.

The Sullivan Family of Companies also owns the Foodland and Food Pantry stores in Hawaii.

The Kilauea Market + Café will anchor the 43,000-square-foot Kilauea Lighthouse Village, a neighborhood center in historic Kilauea Town, which is under construction and expected to be completed by the end of the year.

Hunt Cos. is the developer of the center, which broke ground in September 2016.

The Kilauea Market + Café, designed by architects G70, is expected to open in May.

The store will feature specialty, gourmet and traditional grocery items, as well as a coffee bar, an in-store dining and seating area, and made-to-order foods from an in-store kitchen.

“Our team is excited to have the opportunity to bring a new grocery shopping experience to Kilauea,” Vernon Ikebe, vice president of sales and operations for the Kalama Beach Corp. said in a statement. “Kilauea Market + Café will be a fun place for visitors and residents to enjoy favorite foods, sip a glass of wine, pick up a delicious snack or discover fresh local products – a place where the community can gather.”

Other Kilauea Lighthouse Village tenants expected to open in the first half of 2019 include Island Soap & Candleworks; Kai Bar Coffee Roasters; Kauai North Shore Animal Clinic, a full-service veterinary practice focusing on small animals; Wailua Shave Ice; and Wyland Galleries.