Last year, there was an Alfred Preis home in Alewa Heights I wrote about that sold within 2 weeks.
This Alewa Heights home (MLS# 1108850) is now remodeled, CPR’d (CPR definition), and back on market for $1,100,000
Since then, the owner has decided to CPR the property, remodel the existing home, and sell off a vacant land portion (MLS# 1108851) for $495,000. Like any developer, they are in for profit as they paid $915,000 for the whole property last year.
What they are doing, however, is providing an opportunity for 2 new homeowners. One that gets a classic remodeled home, and the other, a blank slate to build in one of Honolulu’s long established ridge communities with fantastic ocean views and close proximity to downtown.
Alfred Preis was one of the most renowned mid-century architects in Honolulu and this is one of two opportunities to own one of his masterpieces in Honolulu. The other is a cool estate in Portlock. In addition, feel free to enjoy my gallery of mid-century modern homes for sale on Oahu.
If you are looking to buy or sell a mid-century modern home on Oahu, feel free to contact me for more information.
David E. Buck, R
Hawaii Life Real Estate Services
808.371.3509
David@HawaiiLife.com
Beth Thoma Robinson R(B)
August 4, 2011
David, I’m drooling. This would be my idea of home on Oahu. How much work was done in the remodel?
Beth Thoma Robinson R(B)
August 4, 2011
David, I’m drooling. This would be my idea of home on Oahu. How much work was done in the remodel?
David Buck
August 4, 2011
@Beth – Definitely over six figures worth
David Buck
August 4, 2011
@Beth – Definitely over six figures worth
Alfred Preis Manoa Home Snatched Up Fast | Hawaii Life
April 15, 2013
[…] just not as well known as Ossipoff. I’ve written about some of his homes in the past in Alewa Heights, Nuuanu, and Portlock. As you can see, they don’t necessarily hit the market that […]
Alfred Preis Manoa Home Snatched Up Fast | Hawaii Life
April 15, 2013
[…] just not as well known as Ossipoff. I’ve written about some of his homes in the past in Alewa Heights, Nuuanu, and Portlock. As you can see, they don’t necessarily hit the market that […]