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Pahikaua Estates Development, Kaneohe, Hawaii
Pahikaua Estates is a nine-unit cluster subdivision in Kaneohe near the Kaneohe Bay View Golf Course. The property is adjacent to a stream and gives a sense of being in the country.
Each lot was approximately 6,000 square feet or larger and sold in fee simple. The private road is maintained by the association of owners under the cluster subdivision. The three bedroom, two bath homes were built up on hollow tile columns so there would be room for further expansion at minimal cost and allowed for covered parking.
The project required a lot of contacts with the Department of Land Utilization regarding building designs, landscaping, lot layouts, house colors, and more.
The homes sold for $158,000 to $162,000 and sold out very quickly. At the time of closing the units, the market value had increased to $210,000.
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