Kahala home sells for $17M, highest Oahu MLS sale in 2 years
The sale of a luxury home in Honolulu’s upscale Kahala neighborhood to an unnamed buyer recently closed for $17 million, one of the highest prices for a single-family home on Oahu in the last two years, according to Coldwell Banker Pacific Properties.
The sale of the home on Royal Place, called Punahele, is the highest Multiple Listing Service sale of a single-family home on Oahu in the last 24 months, the Honolulu real estate firm said.
Beth Chang and Tracy Allen of Coldwell Banker Pacific…
Hawaii Volcanoes National Park reopens following two-day closure
Part of Hawaii Volcanoes National Park reopened on Sunday following a two-day closure that was caused by a sequence of earthquakes that triggered rock slides in the park.
Friday’s 6.9-magnitude earthquake resulted in the evacuation of faculty and about 2,600 park visitors.
The partial reopening on Sunday included the park entrance from Highway 11 to Jaggar Museum; Jaggar Museum; Kilauea Visitor Center; Sulphur Banks Trail; Steam Vents parking lot; Crater Rim Trail, which is open from Kilauea…
Kauai home sales post big gains, prices mixed
Kauai home sales posted double-digit gains in April on mixed prices, according to statistics from Hawaii Information Service on behalf of the Kauai Board of Realtors.
Condominium sales posted the largest gains in April, with a 7.8 percent increase in the median price to $463,500, from $430,000 in April 2017. Sales of Garden Isle condos rose to 42 units sold, from 35 units sold last year, an increase of 20 percent.
Single-family home sales rose to 39 houses sold in April, an increase of 14.7 percent…
Big Island home prices post gains of more than 18% in April
Home prices on Hawaii’s Big Island rose by more than 18 percent in April, compared to a year ago, as sales of condominiums jumped and sales of single-family homes declined, according to statistics from Hawaii Information Service on behalf of Hawaii Island Realtors.
Sales of condos on the Big Island jumped 28.6 percent to 90 units sold in April, from 70 sold during the same month last year. The median price of those units was $372,500, an increase of 18.7 percent from $313,750.
The median price…
Judge dismisses Zillow lawsuit over controversial ‘Zestimate’ tool
The claim alleged the Seattle-based company posts low home values on its website to draw users in order to sell advertising.
A decade in, Rincon Hill housing development may finally move forward
After a decade of starts and stops to build housing at 430 Main St. in San Francisco's Rincon Hill, developers Tidewater Capital and War Horse LLC may be closing to winning over city officials and enough neighbors to move forward.
Lake Mary to see SunRail-oriented development
Developer to build apartments and commercial space near the Lake Mary SunRail station
Former Starbucks executive jumps onboard as new East Bay food company CEO
A top Starbucks executive is saying goodbye to the baked goods and hello to his new corner office now that he has come onboard as the new CEO of Caveman Foods.
Jeff Hansberry has been brought on to help reposition the paleo snack company amid stifling competition in the food category. With a resume that spans 25 years with corporations like Starbucks (NASDAQ: SBUX) and Procter & Gamble (NYSE: PG), however, Caveman's board is betting on his ability to accelerate the company's double-digit sales…
Dessert shop to open in Delmar Loop
A San Diego-based dessert franchise is slated to open its first St. Louis location this summer.
Chicken n Pickle location expected to open this fall
Construction of the 8,000-square-foot restaurant — which will include six outdoor and six indoor pickleball courts — has already started with completion expected this fall.