Hawaii Loa Ridge Peaceful by Design
Glorious views, luxurious private retreats make life atop the Ridge truly beautiful
Known for incredible ocean views, custom-made homes and exclusive access, Hawaii Loa Ridge offers a peaceful retreat for those looking to escape the pace of city life. Tucked into two exclusive communities overlooking Oahu’s South Shore, the homes of Hawaii Loa Ridge offer additional privacy and security to their residents.
With architectural styles that range from modern to Mediterranean, the custom-designed residences of Hawaii Loa Ridge reflect the individuality and distinct aesthetics of their homeowners.
“There are very strict architectural guidelines that call for the homes to follow the contour of the property, so homes are built following the slope of each lot,” explains Dolores Bediones, Realtor and Partner at Prudential Locations. “View channels were created for each property so each homeowner has protected views.”
The majority of the properties have views of Diamond Head, Koko Head or the ocean. A few of the properties even have 180-degree views.
Bediones sits open houses in the neighborhood 50 of the 52 weeks each year and has been representing buyers and sellers in the neighborhood for 16 years. She says that the exclusive estates’ demographic trend leans toward mature homeowners who have “made several moves before they make it up to the Ridge.”
“About 40 percent are off-island homeowners, part-time residents who visit their homes about twice a year, mostly during the Christmas season and summer break,” she explains. “They come from the Mainland and Asia, and are drawn to the beautiful views and peace of mind that the security offered provides when their homes are not occupied.”
Hawaii Loa Ridge homes have retained their value thanks to visionary planning: The infrastructure and structural guidelines ensure quality design and breathtaking views. The community was conceived as a gated community, providing residents with the services of a community association, including 24-hour security, mobile security dispatches throughout the neighborhood, and a management office. Residents also enjoy a recreation center with tennis courts, a children’s playground, and a picnic area in the Ridge Park.
Now is an exciting time, market-wise, in Hawaii Loa Ridge.
The median sales price for homes sold in 2013 is $2.1 million –
the highest in the history of Hawaii Loa Ridge. Historically, prices for the Ridge have been more stable than the rest of Oahu, demonstrating resilience to the forces that affect other housing markets.
The “days on market” for sales in 2013 has dropped to a stunning 11 days, down from an already-low 33 days in 2012. This key indicator signals strong buyer interest.
“Inventory is very tight in Hawaii Loa Ridge. We see offers over asking price. There are only 14 active listings, and only 5 are listed below $2 million,” says Bediones.
“If you dream of building your own estate, it is still possible to acquire land in Hawaii Loa Ridge, but it’s going fast,” she adds. “Only three undeveloped lots are actively listed, with prices that range from $780,000 to $4.75 million.”
As the jewel in the crown, The Pointe is a gated community within the gates of Hawaii Loa. It has an additional layer of security, homeowners there pay a second set of maintenance fees, the lots are bigger and the homes tend to be larger.
If you’ve been thinking of selling a home in Hawaii Loa Ridge, now is the perfect time. The market is heating up and more buyers are in town for the summer months.
For more information on properties in Hawaii Loa Ridge, call 808-377-4646.