About Hale Makalei Just before you come into Kailua, you can't help but be drawn to gaze at the left side of Kailua Road, where the landscape stretches seemingly forever in open & preserved greenery. That stunning vista is the backdrop for the homes in Hale Makalei.
You get to the building by taking a let turn as soon as you cross into town, right at the local landmark of Kimo's Surf Hut. Built in 1995, Hale Makalei sits back here in a part of Kailua that's lesser known to its many visitors since it's purely residential and sits on a quiet cul-de-sac.
Despite being removed from where the traffic heads in this part of Windward Oahu, you're not far from that central area of town at all. Whole Foods, where the main shopping and dining district begins, is about a 10 minute walk from your home here.
Hale Makalei itself fits the Windward profile, rising to just 4 floors and holding 24 residences within it. Unusually, there are 10 floor plans, so most layouts only account for 1 to 3 units. They all comprise plans of 1BR/1BA (437 or 438 sq ft) and 2BR/2BA (671 to 682 sq ft).
The lanais are on the smaller side, measuring 36 or 49 sq ft, the top floor having an especially commanding view of Kawanui Park's conserved lands and the equally green climes of the Koolaus in the distance.
When people think of Kailua, they rarely envision living beside that scenery and its unceasing beauty, maybe because most don't have the privilege. Come home to Hale Makalei and you can make it yours.
The median price of condos sold in Hale Makalei year-to-date (Jan - Oct 21, 2017) is $420K. In previous years it was $410K (2016), $379K (2015), $306K (2012), $267K (2010), $288K (2009), $339K (2008), $310K (2007), $315K (2006), $265K (2005), $185K (2004), $177K (2003).
2 condos have sold in Hale Makalei year-to-date (Jan - Oct 21, 2017). In previous years, the total number of condos sold were 3 (2016), 1 (2015), 1 (2012), 2 (2010), 4 (2009), 4 (2008), 1 (2007), 2 (2006), 3 (2005), 6 (2004), 3 (2003).
On average Hale Makalei condos were on the market for 47 days before they were sold (Jan - Oct 21, 2017). In previous years it was 55 days (2016), 69 days (2015), 36 days (2012), 33 days (2010), 54 days (2009), 22 days (2008), 43 days (2007), 44 days (2006), 7 days (2005), 19 days (2004), 155 days (2003).
The average days on market for Hale Makalei condos before sold was 64 days September 2017.
The ratio of Hale Makalei condos sales price vs list price was 100.0% September 2017
1 Hale Makalei condo was sold September 2017
The total dollar volume sold in Hale Makalei year-to-date has been $840K(Jan - Oct 21, 2017). In previous years sold dollar volume was $1.23M (2016), $379K (2015), $306K (2012), $535K (2010), $1.18M (2009), $1.35M (2008), $310K (2007), $630K (2006), $810K (2005), $1.13M (2004), $494K (2003).
The most recent sale in Hale Makalei was a condo located at #205 , sold for $425K on Sep 18, 2017. It had 671sf of interior. 9 other recent sales include: #108 (676sf) sold for $415K on 6/1/2017. #206 (672sf) sold for $415K on 5/26/2016. #307 (672sf) sold for $408K on 5/25/2016. #202 (676sf) sold for $410K on 4/8/2016. #103 (682sf) sold for $379K on 3/6/2015. #208 (675sf) sold for $306K on 6/22/2012. #202 (676sf) sold for $300K on 8/27/2010. #304 (437sf) sold for $235K on 5/4/2010. #208 (675sf) sold for $284K on 12/18/2009.