Papakea Beach Resort
E komo Mai
Thanks for visiting my website dedicated to the Papakea
Beach Resort. The annual owners is over and an emergency
seawall repair needs to be done starting next month.
We now have 15 units sold this 2015 year now.
Oceanview studio #D-206 sold for $310,000 (FS).
That leaves us with no pending sales. Inventory has
increased to 26 units listed for sale.
Just click on the link for inventory of units and units
I'm also happy to represent a new one bedroom listing
#E-110 @ $249,000 Leasehold. I just love beautifully
remodeled units and this one everyone will love. The Fee
Simple interest was last reported to be available for
$200,000. So, a Buyer can buy out the lease and turn it
to Fee Simple. I also just listed a lower priced Fee
Simple studio #E-108 @ $339,000 FS. Real gorgeous
tropical location near the Koi ponds and really only 50
feet or so to the ocean.
We now have a new high
selling price for oceanview one bedrooms when #E-201
sold for $532,500 (FS). See next paragraph to find an
OCEANFRONT 1br for almost the same price.
Anybody looking for
OCEANFRONT?? Just listed ground floor #F-109 @
$550,000 FS. That's $100,000 less than the others for
The latest news on the
fee simple interest held by an investment company,
Medusky & Co, is now
offering the fee interest for sale for a few months. The
word out too is that they won't be selling any
oceanfront fee interests and hold onto those.
Just updated my newsletter, so please check the link to
my OCTOBER 1, 2015
LISTINGS to see some pictures of the units and to
find out the current costs of ownership.
UNITS SOLD for updated sales prices and
FOR SALE to check out our current offerings. Got
questions? Let me know. Thank you.