Maliu Ridge (Hawi) Home Under Contract

By
Real Estate Agent with Hawaii Life Real Estate Brokers Big Island

Despite the price war at the upscale Maliu Ridge subdivision near Hawi in North Kohala, the home that is showing under contract today is the first to sell since January!

It will be interesting to see what the final sold price is on this 2,430 sq ft home with big ocean views and all furniture included; list price is $699,000 but it was in competition with a nearby home of similar square footage and ocean views priced at $649,000:

ocean view from maliu ridge home for sale

Both of these homes are on a little over an acre.  For someone wanting a 2,000+ sq ft home near Hawi on 3 acres with paddocks for horses (or a pet goat or sheep?), the REO (foreclosure) is still on the market at a reduced price of $691,200.

This Maliu Ridge home is one of only five residential properties with offers on them in the Hawi, area, two of which are foreclosures and one of which is a short sale.

Although the inventory of homes for sale has tightened in Kailua Kona, Waikoloa Village and the Kohala Coast resorts, it is still a buyer's market for real estate in Hawi, North Kohala!

A hui hou

Beth

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Location:
Hawaii Hawaii County Hawi Maliu Ridge
Groups:
31 Days of May Challenge 2011
Hawaii Real Estate Professionals
Horse Property Specialists
Vacation and Second homes
Tags:
hawi foreclosures
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maliu ridge
north kohala horse property

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Rainmaker
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Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

The view is stunning... wishing I were in that home at this very moment!

May 12, 2011 11:34 PM #1
Rainmaker
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Beth Thoma Robinson
Hawaii Life Real Estate Brokers Big Island - Hawi, HI
R(B) SFR - Hawaii Island Luxury Resort Real Estate

@ LIz, thanks for the congrats, I wish it were my listing or my buyer, but in this case I"m just reporting on movement in the market.

 

May 12, 2011 11:38 PM #2
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Rainmaker
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Beth Thoma Robinson

R(B) SFR - Hawaii Island Luxury Resort Real Estate
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