The Home Buyer's Korner

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June 26th, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

Waialae-Kahala Neighborhood

Honolulu, Hawaii

Waialea Kahala Honolulu HI

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Just minutes away from Waikiki and in the shadow of Diamond Head lies a small neighborhood named Waialae-Kahala where some of the most valuable ocean front properties in the state is located. Waialae-Kahala is at the bend of the east coast and overlooks both the southern and eastern shorelines. You’ll find coconut trees line the neighborhood streets and exceptional community parks for the leisurely at heart.

If you’re looking for that perfect retreat home, you’ll find it here in Waialae-Kahala. The quality of life affords ocean front access, Waikiki’s exciting nightlife, shopping and dining at Kahala Mall, as well as hiking on the legendary trails of Diamond Head Crater.

Waialae-Kahala median real estate price is from $854,700 to $1,705,000, which is more expensive than 99.0 percent of the neighborhoods in Hawaii and 99.7 percent of the neighborhoods in the U.S. Waialea-Kahala has several luxury home rentals for the both long and short term housing with the average rental price of about $1,888 to $3,500 a month and about 99.4 percent higher than other neighborhoods in Hawaii.

Waialae-Kahala is a coastal suburban neighborhood located in Honolulu, Hawaii and the real estate is primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes, condominiums, and apartment complexes/high-rise apartments.

Most of the residential real estate is owner occupied. Many of the residences in the Waialae-Kahala neighborhood are well-established, older homes built between the 1940’s up to around 1969, although a number of residences were also built after that time-frame with the last major development period ending around 1999. 

When you see a neighborhood for the first time, the most important thing for most is its homes and settings. Once you’ve lived in Waialea-Kahala it reveals its true character, unique mix of occupational and cultural groups.

Nathalie Mullinix REALTY UNIVERSAL Inc Blog Banner

The Nathalie Mullinix REALTY UNIVERSAL, Inc. Team

Waialae-Kahala is on the ocean with amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. Waialea-Kahala is a very nautical, somewhat historic with a densely populated area on the water. This gives the neighborhood a very nautical feel that you may really enjoy.

A majority of residents in the Waialae-Kahala are well to do and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you’re an executive and want to keep similar company, consider settling here. In addition to being a great choice for highly educated executives, the neighborhood has its fare share of sophisticates, families with school-aged children and active retirees.

Waialae-Kahala has more Asian and Persian ancestry people living in it than nearly any neighborhood in America, with 45.9 percent of the residents having an Asian ancestry and 1.2 percent with a Persian ancestry. There are also a number of people of English ancestry at just over 8 percent and residents of German roots at just 7 percent with the remaining making up  Irish and Mexican ancestry. Additionally, nearly 22 percent of the residents were born in another country.

Your future neighbors in Waialae-Kahala, as I mentioned are well to do, making it among the 15 percent highest income neighborhoods in America and Waialae-Kahala has a higher income than 93.6 percent of the neighborhoods in America.

Waialae-Kahala’s working population which is about 58 percent of the residents are employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales executives to restaurateurs.

Waialae-Kahala is also pretty special linguistically; about 10 percent of the residents speak Japanese at home. While this may seem like a small percentage, it is higher than 99.9 percent of the neighborhoods in America. The languages spoken by people in Kahala are diverse with about 78 percent of the residents speaking English and other languages spoken here include Chinese and Korean.

WAIALAE-KAHALA, HONOLULU, HI HOMES FOR SALE

Livingston-Homes-for-Sale

HOME OWNERSHIP TOOLS

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen, you will have the option

to “Create A Printable PDF of the Presentation”.

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