As summer 2011 arrived, homes in Maliu Ridge, the upscale community above Hawi, North Kohala, began to find buyers.  In May I reported that the Maliu Ridge home under contract was the first to sell since January.  Since in a typical year, two homes in this area, that did not bode well for the other five homes for sale.  But suddenly it seems that buyers have recognized the Maliu Ridge price war brought these Maliu Ridge homes with their big ocean views and peaceful rural Hawi location into "best buy" range! A 2,430 sq ft home on over an acre at the bottom of a cul-de-sac sold for only $612,000. The home built in 2000 needed some cosmetic renovation for most current tastes, but has amazing views. An REO (foreclosure) of 2,281 sq ft on almost 3 acres is under contract, asking price $691,2... 07/11/2011

Despite the price war at the upscale Maliu Ridge subdivision near Hawi in North Kohala, the home that is showing under contract today is the first to sell since January! It will be interesting to see what the final sold price is on this 2,430 sq ft home with big ocean views and all furniture included; list price is $699,000 but it was in competition with a nearby home of similar square footage and ocean views priced at $649,000: Both of these homes are on a little over an acre.  For someone wanting a 2,000+ sq ft home near Hawi on 3 acres with paddocks for horses (or a pet goat or sheep?), the REO (foreclosure) is still on the market at a reduced price of $691,200. This Maliu Ridge home is one of only five residential properties with offers on them in the Hawi, area, two of which are fo... 05/12/2011

It's time for an update on the real estate market in Maliu Ridge, the desirable subdivision of homes on small acreages near Hawi in North Kohala.  Almost two months have passed since the lastest Maliu Ridge luxury foreclosure (REO) was listed for sale.   I thought the foreclosure was a best buy at the listing price of just under $800,000, considering that it sold in 2008 for $1,275,000.  However, neither it...nor any other home for sale in Maliu Ridge...has had an acceptable offer since then. So the bank just keeps inching down the price.  It doesn't help that their listing photos were taken on a dreary day and do nothing to show the charm of the landscaping.  Here's a better photo from the previous listing: The charm of this Maliu Ridge home is in its landscaping and potential for exte... 04/13/2011

Maliu Ridge, Hawi, luxury foreclosure has this incredible view and horse-ready pasture (MLS 243003) In 2008, well past what most observers feel was the peak of the Hawaii (Big Island) real estate market, a lovely ocean view home at Maliu Ridge, the upscale subdivision above Hawi in North Kohala, sold for $1,275,000 setting a new record.  My jaw dropped when this property hit the MLS a few days ago. I'm not sure whether I was more surprised at the $798,600 price or the fact that it had been foreclosed! I hurried over and verified the property, unlike most foreclosures, is still in pristine condition.  It is a perfect layout for someone who wants a right-sized home for retirement as the main house is only around 2,000 sq ft, and the 3 bedrooms and guest house are well separated to provid... 02/22/2011

The $200,000 price reduction (to $1,250,000 turnkey furnished) has stimulated lots of showings on this turnkey residential property with resort-quality construction and finishes and unobstructed ocean and Maui views (MLS 230134).  The 3,000 sq ft 3-bedroom home on over an acre is located just above the charming town of Hawi, and was designed by its owners to be a place they could easily leave for months at a stretch without worries.  It has a whole-house dehumidifier, a gate and security alarm system, and a gardener who takes pride in maintaining the grounds immaculately. Maliu Ridge is a high-end neighborhood in North Kohala where all the lots are over an acre and almost all have big ocean views.  This house is on the western side of the community, meaning you have those fabulous suns... 09/02/2010

To be honest, people enjoy their ocean view homes in Maliu Ridge at least as much as my horses enjoy their pasture, but if you are looking for a home for sale in Hawi where you can keep a horse in your own backyard, you'll find plenty of neighbors to ride with in Maliu Ridge! This subdivision has modest CC&Rs, underground utilities--NO association to hassle with and no dues.  Mostly full-time residents, a mix of families with young children, retirees and local business people, Maliu Ridge is considered the choice neighborhood in the Hawi area for people who prefer not to live in a gated community. There are currently three unbuilt parcels for sale at Maliu Ridge, ranging from a little over an acre to three acres.  Listing prices are from $ 325,000 to $495,000.  On the larger parcel you ... 07/28/2009