Spectacular Views Attract Buyers, Builders To Kumulani
Eleventh in a series
West Oahu’s only ridgeline gated community, Kumulani is a 21-acre residential enclave near the top of Makakilo Ridge. Situated at an elevation of 1,000 feet above the Ewa plain, the 114-lot subdivision overlooks a scenic panorama extending from Diamond Head to Barbers Point.
Lots in the development were first offered for sale by Finance Realty, which built out the project with roads and utilities in 1991. Although commercial and residential development in the city of Kapolei and Ko Olina were gathering momentum, lot sales remained sporadic until 2000 when Realtor Vernon Chock, president and Principal Broker of Vernco Properties and a specialist in vacant land sales, took over as exclusive sales agent. Chock sold out the 87 remaining lots over a period of three years. Home building has been ongoing and currently only a few lots are vacant.
“When we took on the project, we developed an all-new marketing program and literally reintroduced Kumulani. We did a promotional mailing to addresses in the Makakilo area and were amazed at the response…it seems the majority of local residents didn’t even know Kumulani existed,” Chock said.
“At least 20 per cent of our early purchasers came from Makakilo, about 70 percent from other parts of the island, and 10 percent from from California, Texas, and Midwestern states, primarily second home buyers planning to retire here. As soon as prospective buyers come through the gate and look out over the view, they are more than half sold…then it’s just a matter of choosing a lot.”
Lots range from 6,000 to 17,000 square feet and the price spread is equally broad from $775,000 to $2,998,000. According to Chock, who remains active in the area, the highest sale recorded this year was approximately $1,250,000. He is currently listing a three year old home with a panoramic view for $1,278,000.
“If this house were in Kahala or Portlock it would list for at least $3,400,000,” Chock said. “It has five bedrooms, four baths, a state of the art gourmet kitchen, media-family room, a smart home technology system, central air and vacuum, and a solar water heating system. Finishes are all upscale, including marble and hardwood floors and granite counters. In addition to a three car garage, there is additional parking for six cars plus sufficient room to build a lap pool. The sunrise to sunset view can be observed from most rooms as well as from balconies and lanais on both levels.”
Chock noted that the acceleration of residential construction and brisk sales activity in West Oahu are natural consequences of the “coming of age” of the City of Kapolei and Ko Olina resort. “This is really the only part of the island with a mixture of residential, resort, industrial, commercial, and agricultural development all within a short radius of one another,” Chock said. “New businesses, services, schools, cultural and recreational resources are constantly being added to the Kapolei area. Kumulani residents tell me they rarely drive into Honolulu these days… they say ‘everything we need is here.'”