Konea 225 Honua Kai's Strongest Value

The 2 bedroom niche at Honua Kai has been particularly active in the past year due to developer inventory dwindling down and the rental market for Honua Kai proving to one of the strongest anywhere in Hawaii. With nine 2 bedroom condos currently for sale, we are often asked which in our opinion is a particular stand-out within this niche. In the past month, the answer has been unequivocally clear: Konea 225.

Although it is the highest-priced 2 bedroom currently listed on the MLS (keep in mind, the developer does NOT list everything on the MLS), what makes Konea 225 such a strong value proposition is its unique location. 

As can be noted, the '25' stack is located on the center of the inner courtyard, providing dead-on straight ocean views - no need to hang from the lanai in order to view glimpses of the ocean. The 25 and 29 stacks have been very popular among buyers due to the orientation. However, what makes Konea 225 so unique is that all the other units on this stack (floors 3-10) are 3 bedroom units, selling at a higher price point in today's market ($2M+). The opportunity of owning one of two units in a 600+ unit complex is one not to be passed - just as owning a '13' stack unit in the Hokulani tower is so unique (only inner-court stack of one bedroom units). Add in the fact that this immaculate unit is a very strong performer as a rental property and it becomes apparent that Konea 225 offers a unique opportunity for  long-term equity growth and short-term cash flow potential. Want to learn more about its rental potential? Contact us for more information.

There have been 13 sales in the past 6 months of 2 bedroom units and with only 10 units currently on the market (one of which is in escrow), it equates less than 5 months of inventory - which by any metric is favorable to sellers and indicative of a sustainable long-term market on the the rise. Waiting for the market to soften? We've seen too many potential purchasers get priced out of the market by waiting too long.

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Thinking about selling or buying a Honua Kai condo for sale? Contact us for a private consultation; our team keeps a strong pulse on current micro-market conditions and trends - let our expertise be your advantage.