Wednesday, May 30, 2007

One of the premier waterfront communities in East Oahu, the community of Hawaii Kai, is
Spinnaker Isle.

Spinnaker Isle consists of 92 single family homes, all located on Kumukahi Place and each backing onto the Hawaii Kai marina. This road comes off Hawaii Kai Drive, right across from the entrance to Hahaione Valley, goes over a bridge and branches into two long cul-de-sacs. Each home, many of which have boat docks, has access to the water via the backyard, and also belongs to the Hawaii Kai Marina Association. The houses were originally built in 1969 and many have been extensively remodeled.

In early May, there were 5 homes available for sale on Spinnaker Isle, priced from $1,199,000 to $1,998,000. During the last six months there were 3 sales ranging in price from $1,050,000 to $1,500,000 - the latter is the highest price paid for a house here with one exception. In 2005 a buyer paid $2,480,000 for a home at the end of one of the cul-de-sacs. This home was an extraordinary, brand new house on a double lot, with two attached rental units.

For more information call Barbara Abe, Realtor, East Oahu Realty,
at 808-396-9462 (home office) or 808-226-2537 (cell) or send e-mail to her at

1 comment:

hawaii real estate said...

I lived on Spinnaker isle for 2 years. It's a great marina front community. Parking is kind of a bummer at the end of the cul de sacs, because of the big grass areas on each side. But overall it's a great little marina front neighborhood, and good deals to be had on the older marina homes.