Coconut Grove, Kailua, HI Homes for Sale

Overview of Real Estate Market in Coconut Grove, Kailua, HI

Coconut Grove in Kailua, Hawaii, is known for its stunning beaches, lush landscapes, and upscale homes. The real estate market in Coconut Grove is highly sought after, with a mix of luxurious waterfront properties, charming cottages, and modern condos. The area offers a mix of beachfront and inland homes, making it a diverse market that appeals to a wide range of buyers.

Property Prices and Trends

The median home price in Coconut Grove is around $1.5 million, with prices ranging from $700,000 for a smaller condo to over $5 million for a waterfront estate. The market has been steady in recent years, with slight increases in prices due to high demand and limited inventory. Properties in Coconut Grove tend to sell quickly, especially those with beach access or stunning ocean views.

Community and Amenities

Living in Coconut Grove offers residents a laid-back, beachy lifestyle with easy access to outdoor activities like surfing, kayaking, and hiking. The community is close-knit, with a mix of locals and vacation homeowners. The area is also known for its upscale dining options, boutique shops, and vibrant art scene, making it a desirable place to live for those who value quality of life.

Opportunities for Investment

Investing in real estate in Coconut Grove can be a lucrative opportunity, with the potential for high rental income and appreciation. Vacation rentals are popular in the area, as tourists flock to Kailua for its stunning beaches and outdoor recreation. With limited inventory and high demand, properties in Coconut Grove are a wise investment for those looking to capitalize on Hawaii's thriving tourism industry.

Conclusion

Overall, real estate in Coconut Grove, Kailua, HI, offers a mix of luxury properties, stunning views, and a vibrant community. With its prime location near the beach and a range of amenities, Coconut Grove is a highly desirable neighborhood for buyers and investors alike. Whether you're looking for a beachfront retreat or a rental property, Coconut Grove offers a diverse range of real estate options to suit your needs.

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Coconut Grove, Kailua, HI Homes for Sale

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.