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Where Luxury Homes, Spectacular Views Rule

homes_1BY LISA LEE

For Sale: A private, elegant home with unobstructed views of the ocean and Diamond Head, glorious sunsets, next door to shopping and entertainment, and perfectly situated for island recreation.

Sound too good to be true? Turn east and head out on Kalaniana’ole Highway.

“Portlock is stealing into the consciousness of luxury homebuyers, who are delighted with what they find here,” says Dolores Bediones, Fine Homes Premier Specialist and REALTOR at Prudential Locations.

Many buyers are initially hesitant to consider Portlock, saying that it is too far from town for them. Just one visit to Portlock however, says Bediones, and they are sold on what it has to offer.

“From Portlock, you have spectacular views of the sun setting over Diamond Head and shimmering on the water of Maunalua Bay. It’s a lovely, unique perspective of Diamond Head that you only see from out here.”

Portlock’s properties are unique, characterized by large lots over 10,000 square feet and custom-designed homes. Many are ocean- and beach-front estates, but there are some smaller single-family homes as well.

The neighborhood itself is quiet and peaceful. Because of how it is situated across the highway from Hawaii Kai, Portlock is limited to residential traffic. “Residents enjoy a casual privacy that you don’t find in many other luxury neighborhoods,” she says.

homes_2But a quiet neighborhood doesn’t mean a quiet lifestyle. Portlock is literally surrounded by the best outdoor activities that Oahu has to offer.

“Every type of watersport is in your front or back yard,” says Bediones, counting them off on her fingers. “Kayaking, stand-up paddling, boating, fishing. It’s a key spot for kitesurfing and parasailing. Surfers love the breaks at China Walls and bodysurfers flock to Sandy’s Beach, which is right around the corner. And Hanauma Bay, known for the best snorkeling on Oahu, is right behind you.”

A golf course, tennis courts and even an archery and rifle range, are located nearby. Hikers find there is no shortage of trails around Hawaii Kai and Koko Head, including the Botanical Garden and horse trails within Koko Crater.

The neighborhood also has a high convenience factor. “The Hawaii Kai shopping centers are just across the street. People like not having to drive to shopping, dining and movie theaters. There’s even a satellite City Hall,” adds Bediones.

Despite Portlock being “under the radar,” sellers in the neighborhood are discovering that there is plenty of demand from buyers. Bediones recently sold a $2.35 million home during its first open house. “We received three offers and sold for full price in just one day.”

It is difficult to talk about Portlock properties in terms of average or median sales prices and days on market, or overall trends, because of the limited number of properties in the neighborhood and the variety of unique, luxury homes.

Home listings and sales in the $5 million and higher price range tend to represent unique buyers and sellers who may not be influenced by the current market as much as other homeowners.

Currently, there are 15 properties listed for sale in Portlock, with prices that range from $1.599 million to a $20 million oceanfront estate. Most current listings are in the $3 to $4 million range. Six listings are for oceanfront properties.

For more information on properties in Portlock, call (808) 383-9787.

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