Built in 1970 with 8 Units and 8 Floors, 2BR/1 to 2 BA, Pets: OK (Verify).
Amenities include secured entry, keyed elevator, and 1 reserved parking stall.
Spacious condos encompass an entire floor and all boast incredible ocean views with a stone through away from 2 incredible white sandy beaches.
About Colony Beach Because of the remarkable oceanfront Gold Coast location offering unobstructed views of the ocean, it’s rare to see Colony Beach condos for sale. This has only enhanced Colony Beach’s aura of exclusivity, and the property is in excellent condition thanks to long-term owners who’ve updated the units over the years.
Each unit literally hangs on the shoreline and boasts a penthouse style layout, with each 2-bedroom condo occupying an entire floor for maximum privacy. Most of these luxury Gold Coast condos have been converted to feature two full baths, and pets are allowed with HOA verification. Units boast approximately 1640 sq ft with actual living space depending on whether the oceanfront private lanai has been enclosed. These remarkable boutique-style condos are arguably encompass some of the most desirable Honolulu real estate around.
Colony Beach is located in a prime Diamond Head neighborhood with ample supermarkets and the Kahala Mall nearby. Discover the fine dining at neighboring Colony Surf condo's restaurant Michel's, or take advantage of Diamond Head's more casual cuisine. A pristine swimming beach is mere steps from Colony Beach on the left, and the popular Kaimana Beach is only a short walk way to the right, fronting San Souci. With the Outrigger Canoe Club and probably the best park on the island - Kapiolani Park - just across the street, outdoor adventures are never out of reach with this perfect location.
Property amenities themselves may be somewhat lacking in modernism considering that each owner is afforded only one parking space, and security measures are limited to keyed elevators and passkey secured entry. However, even the most discerning buyers aren’t hesitant to invest in Colony Beach, and over the past decade, the few fee simple Colony Beach condos that have sold was in the $2M - $2.5M range.
The median price of condos sold in Colony Beach year-to-date (Jan - Sep 23, 2017) is $2.8M. In previous years it was $3.05M (2014), $2.35M (2012), $2.25M (2009), $2.37M (2008), $2M (2007), $2.3M (2005).
1 condo has sold in Colony Beach year-to-date (Jan - Sep 23, 2017). In previous years, the total number of condos sold were 2 (2014), 1 (2012), 1 (2009), 1 (2008), 1 (2007), 1 (2005).
On average Colony Beach condos were on the market for 290 days before they were sold (Jan - Sep 23, 2017). In previous years it was 201 days (2014), 56 days (2012), 343 days (2009), 79 days (2008), 11 days (2007), 22 days (2005).
The average days on market for Colony Beach condos before sold was 290 days August 2017.
The ratio of Colony Beach condos sales price vs list price was 87.5% August 2017
1 Colony Beach condo was sold August 2017
The total dollar volume sold in Colony Beach year-to-date has been $2.8M(Jan - Sep 23, 2017). In previous years sold dollar volume was $6.11M (2014), $2.35M (2012), $2.25M (2009), $2.37M (2008), $2M (2007), $2.3M (2005).
The most recent sale in Colony Beach was a condo located at #3 , sold for $2.8M on Aug 03, 2017. It had 1422sf of interior. 9 other recent sales include: #2 (1,512sf) sold for $2.97M on 8/22/2014. #8 (1,202sf) sold for $3.14M on 6/10/2014. #8 (1,202sf) sold for $2.35M on 5/18/2012. #6 (1,382sf) sold for $2.25M on 8/26/2009. #4 (1,382sf) sold for $2.37M on 5/7/2008. #4 (1,382sf) sold for $2M on 12/19/2007. #PH8 (1,202sf) sold for $2.3M on 4/29/2005. #5 (1,382sf) sold for $1.5M on 8/1/2001. #6 (1,382sf) sold for $1.7M on 9/1/2000.