About Gateway Peninsula Drive east on Kalanianaole Hwy from town and eventually your eyes will be caught by the Gateway Peninsula townhomes, Hawaii Kai's welcome sign. It's the first of the residential complexes on this side of the district and maybe it's most iconic. What draws your gaze are those individual boat docks lying on the water, just a few steps down from these unique homes.
The Gateway Peninsula is made up of 17 3BR and 22 4BR townhomes that are collected in 7 different buildings. All have roomier floor plans than most other Hawaii Kai condos, ranging from 1,912 to 2,014 sq ft so you'll have no end to what you can do here. Each unit also has 2 floors, which not only expand your possibilities, but give some views that extend out to where the marina becomes the ocean.
Most, though not all, have a private dock for not only your boat, but just about any other watercraft you can enjoy the waters in safely. Many residents have kayaks or one-man outriggers that they put in right from home, then head out for some relaxation time on the beautiful Pacific waves.
Prefer to just stay at home sometimes? Covered lanais, on both the front and back, are one more perk of living here - and they afford shade no matter how high the sun is when you want to be outside. Even your parking is covered, with 2 stalls for each unit.
As you can imagine this is an in-demand and upscale condo. The Gateway Peninsula is one of just 2 Hawaii Kai marina residences that has seen one of its townhomes sell for more than $1M. That was a Fee Simple property, but there are a few leasehold units that could present a more affordable option. That's if and when they come on the market, which isn't often.
This kind of location with the level of lifestyle it offers does require a higher entrance fee. If you asked the residents of Gateway Peninsula, though, they'd tell you it was worth every penny. Shouldn't you get your money's worth, too?
The price range of townhomes for sale in Gateway Peninsula is $799K to $1.03M with a median price of $918K and median interior of 1,692sf.
The median price of townhomes sold in Gateway Peninsula year-to-date (Jan - Nov 20, 2017) is $885K. In previous years it was $750K (2016), $750K (2015), $821K (2014), $743K (2013), $831K (2012), $599K (2009), $636K (2008), $785K (2007), $880K (2006), $522K (2005), $387K (2004), $387K (2003).
4 townhomes have sold in Gateway Peninsula year-to-date (Jan - Nov 20, 2017). In previous years, the total number of townhomes sold were 7 (2016), 3 (2015), 2 (2014), 1 (2013), 2 (2012), 2 (2009), 2 (2008), 4 (2007), 1 (2006), 7 (2005), 4 (2004), 2 (2003).
On average Gateway Peninsula townhomes were on the market for 110 days before they were sold (Jan - Nov 20, 2017). In previous years it was 148 days (2016), 74 days (2015), 105 days (2014), 31 days (2013), 52 days (2012), 186 days (2009), 138 days (2008), 189 days (2007), 45 days (2006), 67 days (2005), 42 days (2004), 128 days (2003).
The total dollar volume of townhomes currently for sale in Gateway Peninsula is $1.83M and the sold dollar volume year-to-date (Jan - Nov 20, 2017) is $3.58M. In previous years sold dollar volume was $5.51M (2016), $1.91M (2015), $1.64M (2014), $743K (2013), $1.66M (2012), $1.19M (2009), $1.27M (2008), $3.06M (2007), $880K (2006), $4.28M (2005), $1.69M (2004), $775K (2003).
The most recent sale in Gateway Peninsula was a townhome located at #D6 , sold for $890K on Aug 28, 2017. It had 1752sf of interior. 9 other recent sales include: #B6 (1,850sf) sold for $1.05M on 7/21/2017. #2 (1,850sf) sold for $880K on 7/5/2017. #A4 (2,053sf) sold for $760K on 1/20/2017. #C1 (1,850sf) sold for $1.02M on 12/22/2016. #E-3 (1,752sf) sold for $700K on 9/21/2016. #3 (1,742sf) sold for $968K on 9/15/2016. #B6 (1,850sf) sold for $980K on 6/3/2016. #D4 (1,752sf) sold for $750K on 3/21/2016. #E6 (1,850sf) sold for $340K on 3/11/2016.
In Gateway Peninsula there is currently 2 fee simple units for sale. 1 of the townhome has ocean views and 1 has mountain views.