Oceanfront Options

Photos by Richard D. Sterman

Photos by Richard D. Sterman

Tenth in a series

Properties on the North Shore of Oahu continue in an up-trend that started in mid-2013. Consequently, the most desirable properties sell fast and inventories are low.

Oceanfront properties remain the most sought after, and the opportunity to purchase a home on one of the best beaches on this scenic coast is an option that doesn’t come around often.

Currently, a 13,385 square foot estate with 105 linear feet of frontage on Ke Iki beach is offered by Sterman Realty at $4,700,000.

Broker/owner Richard D. Sterman, who has been active in the North Shore real estate market since 1978, describes Ke Iki as “Our ‘A’ Beach….maybe the widest white sand beach on the North Shore. It is never crowded. The home catches some of the best ocean and sunset views found anywhere on Oahu. In fact, ‘North Shore Vince,’ as he is known on Hawaii News Now, takes the sunset photos shown on the weather report from the property. It is central to all the North Shore surf spots, and there’s great scuba diving just up the road at Shark’s Cove in the summer. This gated estate with its updated, split level home is a rare find.”

He noted that the floor plan is spacious and open with vaulted ceilings and a great room design incorporating main living and dining areas that flow to a large kitchen with a bar for casual dining. One of the four bedroom/bath suites is located on the lower level. The 2,006 square foot interior is augmented by a 480 square foot covered lanai…an ideal spot for sunset watching. The entire beach side of the home is open to the spectacular ocean and coastal views with floor to ceiling sliding glass doors. The estate also includes a 462 square foot guest quarters and 442 square foot garage with additional driveway parking.

“This home is in a particularly desirable location, close to shopping and schools, plus the revitalized Haleiwa Town. It’s on a bike path and actually walking distance to the Foodland market.

“New buyers are generally interested in both convenience and proximity to the best surfing spots. The higher end properties are selling to both U.S. and foreign buyers, the majority from Canada, Australia, and Brazil. Chinese investors are also showing interest in the North Shore. Renovations are always in progress in the older neighborhoods…people realize the value of our classic North Shore plantation-style homes, such as the one we are now listing on Ke Iki Beach,” Sterman said.

Sterman has co-listed the home with his Realtor Associate Cathy Shanley and is showing it by appointment.

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