About Lalea at Hawaii Kai The Lalea at Hawaii Kai townhomes isn't so much a condominium as it is a neighborhood itself. It comprises a total of 29 buildings, which were built in 4 stages over the same number of years. The first condos went up on the lands closest to the ocean, with the succeeding stages going up further and further into the valley.
A testament to their desirability is the high owner-occupancy, currently at 75%, and the very low turnover. These are in demand properties, even for Hawaii Kai townhomes, so they don't come on the market often. It's easy to understand why.
The views back in the valley are beautiful, looking up at the only-in-Hawaii green mountains towering over the region. Lalea sits back from the busy side of Hawaii Kai near the highway. Though just blocks away you're in a retreat from the traffic and noise of that busy corridor. It's almost as if you've been transported to a different Island when you turn off Kalanianaole Hwy and go back home.
That said, all the necessities - and more - are nearby. You're blocks from the Hawaii Kai Town Center with Costco and numerous restaurants, along with a Long's that's even closer. Recreation isn't a problem either. Maunalua Bay Beach Park is up the street, while Koko Head, Hanauma Bay & Sandy Beach are just short drives to the west.
Then again, there's plenty at Lalea to occupy you including a park of its own, a club house, heated pool and a real neighborhood feel. Great for playing with the kids or walking the dog.
The units themselves have their own attractions, including a number of floor plans with 1 to 4 bedrooms, so there's space to satisfy almost anyone. Most of the Lalea condos have 750 to 1500 sq ft, some with lanais to take in the fresh air that abounds in the valley.
For those seeking a home with the charms of a small town neighborhood, with all the benefits of suburban shopping and dining, contained in the beauty of Hawaii Kai - you've found your match.
Lalea At Hawaii Kai 3 Townhomes - Trends & Statistics
The price range of townhomes for sale in Lalea At Hawaii Kai 3 is $525K to $639K with a median price of $582K and median interior of 849sf.
The median price of townhomes sold in Lalea At Hawaii Kai 3 year-to-date (Jan - Sep 26, 2017) is $647K. In previous years it was $622K (2016), $570K (2015), $541K (2014), $525K (2013), $494K (2012), $500K (2011), $470K (2010), $450K (2009), $543K (2008), $487K (2007), $507K (2006), $445K (2005), $390K (2004), $314K (2003).
8 townhomes have sold in Lalea At Hawaii Kai 3 year-to-date (Jan - Sep 26, 2017). In previous years, the total number of townhomes sold were 17 (2016), 9 (2015), 11 (2014), 13 (2013), 12 (2012), 15 (2011), 16 (2010), 11 (2009), 11 (2008), 20 (2007), 16 (2006), 19 (2005), 19 (2004), 24 (2003).
On average Lalea At Hawaii Kai 3 townhomes were on the market for 12 days before they were sold (Jan - Sep 26, 2017). In previous years it was 53 days (2016), 49 days (2015), 52 days (2014), 33 days (2013), 24 days (2012), 38 days (2011), 37 days (2010), 85 days (2009), 54 days (2008), 68 days (2007), 44 days (2006), 10 days (2005), 10 days (2004), 20 days (2003).
The average days on market for Lalea At Hawaii Kai 3 townhomes before sold was 5 days August 2017.
The ratio of Lalea At Hawaii Kai 3 townhomes sales price vs list price was 100.9% August 2017
1 Lalea At Hawaii Kai 3 townhome was sold August 2017
The total dollar volume of townhomes currently for sale in Lalea At Hawaii Kai 3 is $1.16M and the sold dollar volume year-to-date (Jan - Sep 26, 2017) is $5.19M. In previous years sold dollar volume was $10.85M (2016), $4.94M (2015), $5.84M (2014), $6.65M (2013), $5.79M (2012), $7.46M (2011), $7.52M (2010), $4.98M (2009), $5.57M (2008), $9.95M (2007), $7.73M (2006), $8.76M (2005), $7.41M (2004), $7.67M (2003).
The most recent sale in Lalea At Hawaii Kai 3 was a townhome located at #243 , sold for $640K on Sep 19, 2017. It had 947sf of interior. 9 other recent sales include: #122 (1,578sf) sold for $800K on 9/7/2017. #192 (1,113sf) sold for $756K on 9/6/2017. #41 (1,075sf) sold for $750K on 9/1/2017. #189 (947sf) sold for $655K on 8/17/2017. #130 (751sf) sold for $510K on 7/3/2017. #290 (850sf) sold for $584K on 5/30/2017. # (751sf) sold for $499K on 4/13/2017. #253 (850sf) sold for $599K on 12/23/2016. #47 (908sf) sold for $635K on 12/22/2016.
In Lalea At Hawaii Kai 3 there is currently 2 fee simple units for sale.
There are 1 x 1 bedroom floor plan and 1 x 2 bedroom floor plan.