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California firm to redevelop Honolulu property into 26-unit project

April 19, 2015 By Mark G. Howard Leave a Comment

kauhale-600xx923-615-0-43A California firm has purchased a little more than two acres in the Honolulu neighborhood of Kalihi, with plans to redevelop the 22 structures on the land into a 26-unit complex.

The development is scheduled to break ground on Monday, the real estate agent handling sales for the project told PBN.

Gregory Owen, founder and CEO of Vacaville, California-based Blue Mountain Homes LLC, is the developer for Kauhale Gardens, which includes 16 new single-family homes and five duplexes, with prices ranging from $425,000 to $725,000.

The development team includes Primary Properties Inc., which is handling sales; Imanaka Asato as the project’s attorney; Seal Pros Hawaii as the general contractor; Primary Residential Mortgage as the lender; TN Designs as the architect; and Lyons & Associates as the civil engineer.

The single-family homes will include three bedrooms and two bathrooms as well as two parking spaces.

There will be one newly built duplex and four renovated duplexes.

Cameron Higgins, a Realtor-associate with Honolulu-based Primary Properties, told PBN that the project’s infrastructure should take about a month to build. The plan is to begin selling homes in June or July.

Blue Mountain Homes is a family-owned company with more than three decades of acquiring, restoring and selling single-family homes.

California-based Polymathic Properties Inc. purchased the property in October 2014 from another California-based firm, UHC Kauhale Ohana LP, for $3.3 million, according to public records.

UHC Kauhale Ohana acquired the property for $4.5 million in 2008.

Duane Shimogawa Reporter – Pacific Business News

Filed Under: Blog, Featured Blog, New Homes Tagged With: Blue Mountain Homes LLC, Kauhale Gardens

D.R. Horton’s 11,750-home Hoopili project in West Oahu may start construction in 2016

August 28, 2014 By idx guys Leave a Comment

Supporters of Hoopili are seen in this file photo gathering in Downtown Honolulu before a Hawaii Land Use Commission hearing two years ago. The project's developers recently submitted its rezoning application to the City and County of Honolulu's Department of Planning and Permitting.

Supporters of Hoopili are seen in this file photo gathering in Downtown Honolulu before a Hawaii Land Use Commission hearing two years ago. The project’s developers recently submitted its rezoning application to the City and County of Honolulu’s Department of Planning and Permitting.

D.R. Horton — Schuler Homes LLC plans to tentatively start construction on Hoopili, its 11,750-home master-planned community in Ewa in West Oahu, sometime in 2016, the head of the project told PBN.

Cameron Nekota, the vice president for D.R. Horton — Schuler Homes who is in charge of all of its real estate acquisition efforts as well as overseeing the Hoopili project, said that the developer hopes to start delivering homes to people sometime in 2017.

The Texas-based developer, which got the approval from the Hawaii Land Use Commission about two years ago to change the land designation from agricultural to urban, recently submitted its rezoning application to the City and County of Honolulu’s Department of Planning and Permitting.

The developer is seeking to rezone 1,289 acres of land. The department has 90 days from Aug. 1 to make a recommendation to the city’s Planning Commission, which would then put it on its agenda for a public hearing.

The Hoopili project, which is being designed by Honolulu-based Group 70 International, calls for 264 acres to be kept as agricultural lands that will be used for commercial agriculture, community gardens, open space and infrastructure.

In addition to single- and multi-family homes, Hoopili would also include commercial and light industrial space, community facilities, three elementary schools, one middle school, a high school, parks and open space, facilities and utilities.

Opponents of the master-planned community argue that it will take away prime agricultural lands and cause even more traffic jams along the already congested West Oahu corridor.

Duane Shimogawa Reporter – Pacific Business News

Filed Under: DR Horton, Featured Blog, Hoopili, New Homes, Schuler Homes LLC Tagged With: DR Horton, Schuler Homes LLC

D.R. Horton submits rezoning plans to Honolulu for 11,750-home Hoopili project

August 26, 2014 By idx guys Leave a Comment

hoopilisupportersfc-600xx444-296-53-0

Supporters of Hoopili are seen in this file photo gathering in Downtown Honolulu before a Hawaii Land Use Commission hearing two years ago. The project’s developers recently submitted its rezoning application to the City and County of Honolulu’s Department of Planning and Permitting.

D.R. Horton — Schuler Homes LLC has submitted its application to the City and County of Honolulu’s Department of Planning and Permitting for the rezoning of 1,289 acres of agricultural land to urban for its 11,750-home master-planned community in Ewa in West Oahu called Hoopili.

The East Kapolei project, which is being designed by Honolulu-based Group 70 International, calls for 264 acres to be kept as agricultural lands that will be used for commercial agriculture, community gardens, open space and infrastructure.

Besides the single and multi-family homes, Hoopili also includes commercial and light industrial space, community facilities, three elementary schools, one middle school, a high school, parks and open space, facilities and utilities.

D.R. Horton (NYSE: DHI) hopes to start construction on the Hoopili project in 2015 and deliver the first homes shortly after.

About two years ago, the Hawaii Land Use Commission voted in favor of changing the land designation for Hoopili.

Opponents of the master-planned community argue that it will take away prime agricultural lands and cause even more traffic jams along the already congested West Oahu corridor.

Cameron Nekota, vice president for D.R. Horton — Schuler Homes, who is in charge of all of its real estate acquisition efforts, in addition to overseeing the Hoopili project, did not immediately return messages left by PBN.

Duane Shimogawa Reporter – Pacific Business News

Filed Under: DR Horton, Featured Blog, Hoopili, New Homes Tagged With: DR Horton

Kapiwai subdivision near Downtown Honolulu to feature luxury homes, sustainability

March 9, 2014 By idx guys Leave a Comment

Mar 5, 2014, 2:31pm HST UPDATED: Mar 5, 2014, 3:17pm HST
Kapiwai subdivision near Downtown Honolulu to feature luxury homes, sustainability

Duane Shimogawa Reporter – Pacific Business News

This rendering shows one of the homes planned for the Kapiwai project in Pauoa, near Downtown Honolulu.

This rendering shows one of the homes planned for the Kapiwai project in Pauoa, near Downtown Honolulu.

A Honolulu attorney who’s represented some of Hawaii’s largest hotel, resort and commercial landowners is leading a local hui of investors who are developing a community of 24 homes priced at an average of $1.6 million each in Honolulu’s lush Pauoa Valley that will include open space and a nonprofit component focusing on sustainability.

Located at the end of Booth Road, Kapiwai, which is being marketed to potential buyers as having the chance to live near Downtown Honolulu while being close to nature, with opportunities to grow a garden, restore an auwai or a water channel for irrigation and catch crayfish in the stream, will be built atop a ridge overlooking a stream.

Barry Sullivan, partner with Bickerton Lee Dang Sullivan Meheula, is working with the newly formed Schatz Clifford LLC sustainable development firm, which is headed up by Linda Schatz, a former development manager for Kamehameha Schools and wife of U.S. Sen. Brian Schatz, and Janine Clifford, president of Honolulu-based Clifford Planning & Architecture, on the new 15-acre development.

Sullivan, the managing member of Pauoa Valley Preserve LLC, the owner and developer of the project, said that the property is zoned for 137 units.

The property, which Sullivan and other investors bought in 2004 from an Evangelical Lutheran Good Samaritan Society out of North Dakota, has been fallow for three decades. The church once had plans to build a 141-unit senior housing facility and a 106-bed assisted-living facility on the property, he said.

Sullivan, who declined to disclose the cost of developing the project, said that it’s very much a legacy project for himself and others involved.

“It’s something that was very carefully planned out,” he said. “It’s going to be a community that people are going to want to live in, a very vibrant place.”

Linda Schatz, the project manager, told PBN that only about half of the 15 acres will be developed into homes, ranging from 1,600 square feet to 2,400 square feet with the average size of each home site at 11,000 square feet.

The other seven acres will be kept for a preserve of gardens that will be protected from future development and will be run by Kapiwai Gardens LLC. The new nonprofit will be seeded with funds from the project sales and homeowners will have access rights to and across the gardens with the intent to slowly work to restore the grounds.

There are also plans to build a new 100,000 gallon reservoir on the property for the Board of Water Supply, which will service Pauoa neighborhoods downstream of the reservoir, including Kapiwai.

“Projects now have to look at the triple bottom line,” Linda Schatz said. “There are more projects out there in Hawaii like this.”

Ironically, Linda Schatz and Clifford got together during the beginning stages of the Kapiwai proejct, which eventually led to the creation of the new firm.

Kapiwai will be designed by renowned architects Joel Turkel of Turkel Design and Mark de Reus of de Reus Architects. Kauai-based Unlimited Construction is the general contractor.

Filed Under: Featured Blog, New Homes Tagged With: new construction

Castle & Cooke’s new Ho’onani neighborhood

January 23, 2014 By idx guys Leave a Comment

If you’re looking to buy a brand new home in historic Ewa Villages, now is the perfect time. Castle & Cooke’s new Ho’onani neighborhood offers brand new, single family homes starting from just $580,000 fee simple. Plus, if you act quickly, you can take advantage of the following special incentives available for a limited time.

EwaHo’onani Special Incentives
– $5,000 Pre-construction Design Center Credit*
– 2% Closing Cost Credit**

Overlooking the Ewa Villages Golf Course, the homes of Ho’onani are minutes from the Laulani Village Shopping Center, Ewa’s newest big-box retail hotspot, as well as the state-of-the-art lifestyle facilities at the Kroc Center, which feature a water park; a center for health, wellness and athletics; an art studio; and a five-hundred-seat performance center.

Yet Ho’onani is a world apart. Drive home past the colorful cottages and friendly smiles of the old plantation days, under a canopy of trees that have shaded generations.

Choose from seven floor plans. Find the one that’s right for your family, and come home to the best of both worlds, old and new.

Like the hala tree, this classic three-bedroom, two-bath home has its roots firmly anchored in Hawai'i. Built on a single level, the Hala model boasts long interior view planes that evoke a feeling of days gone by-while incorporating contemporary layout features such as separate family and living areas, and a master bedroom with walk-in closet.

Like the hala tree, this classic three-bedroom, two-bath home has its roots firmly anchored in Hawai’i. Built on a single level, the Hala model boasts long interior view planes that evoke a feeling of days gone by-while incorporating contemporary layout features such as separate family and living areas, and a master bedroom with walk-in closet. Three Bedroom, Two Bath
Single Floor – 1,481 sq. ft.
Covered Lanai – 93 sq. ft.
Garage – 404 sq. ft.
Covered Entry – 28 sq. ft.
Total – 2,006 sq. ft.
Total Living Area – 1,481 sq. ft.

Ho’onani – Features & Options

Included Features — Exterior

Central Air-Conditioning System
HardiePanel® and HardiePlank® Siding
Asphalt Roofing Shingles (30-Year Manufacturer’s Warranty)
Tankless Gas Water Heating System
Covered Entryway
Covered Lanai
Double glazed vinyl sliding glass doors and windows with mesh screens
Low E Windows
R-30 Insulation at Roof
R-13 Insulation at exterior walls and wall between garage and house
Garage Door with Glazing, (2) infrared remote controls
Vinyl Fence and Gate
USPS Approved Cluster Box Units for mail delivery

Included Features — Interior

Kohler plumbing fixtures
Free standing gas range with self-cleaning oven
Ductless range hood
1/2-horsepower garbage disposal
Built-in automatic dishwasher
Corian® kitchen counter tops
Cultured Marble Bathroom Countertops with Integrated Bowl
Master bedroom walk-in closet for most models
Mirrored wardrobe doors
Wire shelving in wardrobe closets
Wall-to-wall carpet except at kitchen, baths, and front entry

Options — Interior

Refrigerators
Over-the-range microwave oven/hood combination
Washer and/or Dryer
Kitchen cabinet and counter top upgrades
Pull-out faucet at kitchen and kitchen sink upgrades
Bathroom countertop upgrades
Front door upgrades
Garage door upgrades
Extensive flooring choices
Security system upgrades

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    This artistic rendering may assist the public in visualizing the homes; however, may not accurately depict homes when built. The developer, its agents, associate companies and suppliers reserve the right to modify plans, specifications and features without prior notice.

     

    Filed Under: Ewa, EWA, Ewa Beach, EWA BEACH, Featured Blog, New Homes Tagged With: new construction

    Condo Mania! – Jun 03, 2013 (The Honolulu Star-Advertiser – McClatchy-Tribune Information Services via COMTEX

    June 6, 2013 By idx guys Leave a Comment

    makikiLanikea. Hokua. Ko’olani. Capitol Place. Keola La’i. Moana Pacific. The Watermark. Allure Waikiki. Pacifica Honolulu. Holomua.

    These condominium towers in Honolulu were the product of the last real estate market boom, which prompted developers to build close to 4,000 new units in more than a dozen towers that also included The Pinnacle, 909 Kapiolani and 215 N. King.

    So is it shocking that developers are now planning to push out an even bigger number of high-rise homes — almost 5,000, including 1,000 rental units — in Oahu’s urban core?

    To some observers it’s hard to imagine demand meeting such a supply.

    But developers, along with a local economist and a real estate market analyst, contend that all the projects planned to date won’t produce a glut.

    “It’s not a question of will there be enough buyers,” said economist Paul Brewbaker of Honolulu-based TZ Economics. “The problem is, will there be enough condos?”

    Local real estate market analyst Ricky Cassiday said there may be two or three more towers in addition to what’s already been announced that conceivably could succeed in the market.

    “We’re at this amazing moment in the cycle where everything is perfect,” he said.

    Brewbaker and Cassiday say factors supporting a new boom in Honolulu high-rise housing development include record tourism that translates to lots of visiting prospective second-home buyers, a dearth of home construction in recent years, a strengthening economy and low interest rates.

    Cassiday said 5,000 units sounds like a lot, but in his view there is enough diversification among the projects in terms of timing, pricing and occupancy (owning versus renting) to satisfy demand.

    Relatively little current home construction in Oahu’s suburbs and the promise of the city’s planned rail line running near several of the announced tower projects are other factors that lead Cassiday to conclude that this building wave of new high-rise housing in Honolulu will be bigger than the last one.

    Developers cite the response from buyers to the first three tower projects to hit this upward market cycle: Waihonua at Kewalo, One Ala Moana and 801 South St.

    The first was Waihonua, a tower on Queen Street at the base of Pensacola Street that local developer Alexander & Baldwin Inc. started selling and building toward the end of last year.

    A&B recently reported that 321 of the tower’s 341 units, which are priced between $375,000 and $1.9 million, were sold as of May 8, including 302 binding contracts that generated $33 million in nonrefundable deposits for A&B. Waihonua is slated to be completed by March 2015.

    The second project was One Ala Moana, a 210-unit luxury tower atop the Nordstrom store parking garage at Ala Moana Center where units are priced from $583,000 to $9 million.

    About 400 prospective buyers lined up in December for half those units made available publicly, while much of the other half was sold in Japan. All units sold, and construction began earlier this year on the project by local development firms MacNaughton Group and Kobayashi Group in partnership with Howard Hughes Corp.

    At 801 South, buyers snapped up all 635 units priced between $253,200 and $501,300 in March, leaving about 300 lottery entrants empty-handed. Demolition began recently to prepare the site for construction of the project led by local affordable housing developer Marshall Hung.

    Perhaps not surprisingly, A&B, MacNaughton/Kobayashi and Hung produced the initial towers during the last market upswing — Lanikea in Waikiki, Hokua in Kakaako and 215 N. King near Chinatown, respectively.

    The next condo tower expected to launch sales is Symphony Honolulu, a 388-unit project on the mauka-Ewa corner of Ward Avenue and Kapiolani Boulevard, this summer.

    After that, competition will become tighter with five more towers, all of which recently applied for permits from the state agency governing development in Kakaako, the Hawaii Community Development Authority.

    Hughes Corp., the Texas-based owner of Ward Centers, plans three of the five with 900 units at its Ward property. Prices and names for the towers have yet to be specified, though one tower will be moderately priced to satisfy HCDA rules.

    A&B plans one tower at the former site of a CompUSA store at the corner of South Street and Ala Moana Boulevard. This project with 466 units that include some townhomes is named The Collection. Unit prices range from the high $300,000s to the mid-$700,000s.

    California-based Developer Franco Mola plans the fifth tower, just Diamond Head of Imperial Plaza on Waimanu Street near Cooke Street. This project, called 803 Waimanu, features 217 units priced from $249,000 to $586,000.

    A sixth condo tower is planned on the outer edge of Waikiki on the Central YMCA property. This project, called Aloha Kai, is slated for 128 units and is seeking a zoning change from the city.

    Also added to the whole condo mix are two rental towers. One, called Halekauwila Place, with 204 units, is under construction by local developer Stanford Carr. The other, called 690 Pohukaina, slated for 804 units, is planned by Ohio-based Forest City Enterprises Inc., which is negotiating with HCDA on a development agreement to build the project on state land.

    “There’s a tremendous amount of demand for new housing,” said Ann Bouslog, longtime isle housing market analyst who recently joined Forest City as its development manager.

    Cassiday predicts that the optimal window for delivering new residential high-rise projects in Honolulu is 2015 to 2017. Given that construction takes two years for a typical tower, that means starting within the next two years.

    Brewbaker recently told a local business group that included a panel of developers that they will wish they had produced a new residential building before 2018.

    As often happens, there may be more than one project that misses the upswing and either doesn’t get off the ground or gets caught in mid-development when demand disappears.

    During the last boom there were at least seven towers with about 1,800 units announced that didn’t get developed. They included 1723 Kalakaua, which opened a sales office in 2008, another one nearby and a tower called Ko’olua next to Ko’olani in Kakaako.

    Because lenders generally require developers to presell a substantial number of units before construction may start, a lack of demand can naturally limit how many planned projects break ground.

    Permitting can also be a challenge. A&B pursued three towers in Kakaako Makai next to Kakaako Waterfront Park during the last boom, but that plan was derailed by public opposition and the Legislature.

    Two projects that were under construction at the tail end of the last boom, Moana Vista and Allure Waikiki, failed and were taken over by lenders and then later revived by new developers. In Moana Vista’s case the tower became Pacifica Honolulu and was finished by San Diego-based Oliver McMillan, which is developing Symphony Honolulu with partner JN Automotive.

    ___ (c)2013 The Honolulu Star-Advertiser Visit The Honolulu Star-Advertiser at
    www.staradvertiser.com Distributed by MCT Information Services

    Filed Under: Featured Blog, Honolulu, New Condos for sale, New Homes, Oahu Communities, Oahu condos for sale Tagged With: new condo construction, new construction

    D.R. Horton ‘flex’ homes in Hawaii allow work-life balance

    April 30, 2013 By idx guys Leave a Comment

    Brian Smith opened his Pray Eat Love Cafe on the first floor of his "live-work" unit in the Nanala community of D.R. Horton's Mehana subdivision in Kapolei.

    Brian Smith opened his Pray Eat Love Cafe on the first floor of his “live-work” unit in the Nanala community of D.R. Horton’s Mehana subdivision in Kapolei.

    D.R. Horton ‘flex’ homes in Hawaii allow work-life balance

    Apr 30, 2013, 2:41pm HST
    Jenna Blakely  |  General Assignment Reporter- Pacific Business News

    Flexible work hours and work-life balance — we hear those words a lot at Pacific Business News as companies of all industries in Hawaii say they are trying to adapt to those demands.

    D.R. Horton — Schuler Division has been building homes for the past several years in its Mehana mixed-use master plan community in Kapolei that are designed to make work-life balance easier with “live-work units” where residents can run a business from home.

    Brian Smith, an active-duty nurse with the U.S. Air Force, had envisioned opening his own business for the past five years.

    “I talked with someone at D.R. Horton and things fell into place,” he said. “I live on the second and third floors and my shop is on the first floor.”

    Smith opened the Pray Eat Love Cafe in February out of his Kapolei home at 533 Manawai St., which is one of 20 live-work units in the Nanala community within Mehana.

    Smith has hired three part-time employees to staff the cafe, which is open Monday through Saturday for breakfast and lunch.

    “Business has been tough at first, we’re deep in the community so people don’t know we’re back here,” he said. “But when people do come in, they love the place and we’re developing a nice clientele even beyond the neighborhood — we’re getting folks from further out.”

    He named it Pray Eat Love to resemble his mission for the cafe.

    “The place is set up for small groups and Bible study groups to gather, grow and learn from each other — ohana,” he said. “The eat portion is the sandwiches and drinks. A chef that lives behind us came over and helped me design the sandwiches. And the love portion is for charity; We pick one charity per month and at the end of the month we write them a check.”
    D.R. Horton (NYSE: DHI) built more live-work units in its newest Mehana community called Awakea, which began sales in April. It consists of 115 townhomes with eight different floorplans, one of which features live-work units, or “flex homes.”

    Additionally, 10 commercial condos averaging 500 square feet will be available for business use. In sum, Awakea will provide around 15,000 square feet of new business space, according to a statement.

    “We only released eight townhomes so far and some were residential only,” said Sales Manager BJ Nagata of Awakea. “Three of those were live-work units and we sold those three.”

    Kapolei Homes Up To $650,ooo (fs)

     

    Filed Under: DR Horton, Featured Blog, New Homes Tagged With: DR Horton, Kapolei, new construction

    Exciting News from The Cove Waikiki

    May 30, 2012 By idx guys Leave a Comment

    We are thrilled to announce the release of the Developers Public Report on Saturday June 9th.  On that day, buyers currently under contract will have the opportunity to choose their finish packages and purchase an extra parking stall. This is an exciting milestone in the project. If you’re considering purchasing a unit, this may be the optimal time to do so, as extra parking stalls will sold to 2 bedroom purchasers in order of their purchase.

    One of the many exciting features at the Cove Waikiki is that you can choose your finish package at no extra cost. Usually options cost more or are not available at all. However, at the Cove, our fabulous designers at Philpotts and Associates have put together three tasteful packages that include the kitchen and bathroom cabinets, granite counter tops, tile flooring in the kitchen and bathroom, and carpeting.  All the choices are coordinated to help you customize your look, from light and casual, to sleek and contemporary.

    You Choose
    The Cove Waikiki features 117 residential condominium residences. Sizes range from 561 sf one bedroom residences to 925 sf two bedroom residences. With residences priced from $370,000 the Cove Waikiki offers one of the best value options for new condominium living in Waikiki. With its community pool, BBQs and ample parking, the Cove Waikiki will be a perfect place to live and play. Visit The Cove website to register for project updates and news.

    Sales Progress
    Sales have been sizzling in the last few weeks.  Building A is our most popular but buildings B & C are catching up! Recent sales have included buyers moving from the mainland, a local buyer moving from an older condominium, and one of our favorite local real estate professionals.  More to come soon….

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    Filed Under: Featured Blog, New Condos for sale, New Homes Tagged With: New Condos, The Cove Waikiki

    Why Rent When You Can Own Low Prices Low Down Payments Low Monthly Payments at Makalae!

    May 25, 2012 By idx guys Leave a Comment

    Sea Country is a short drive to the best golf courses and a short walk to the ocean/beach. Sea Country is also minutes from the city of Kapolei.

    The city of Kapolei is a master-planned urban center that will one day rival downtown Honolulu.  Every day, something new is added to this flourishing city, bringing more & better services and growing amenities to Kapolei’s growing population.

    Minutes past the Wet and Wild Water Park, Costco, Target, Home Depot and many other retail shops, Sea Country is convenient for a family’s busy lifestyle. Military personnel stationed at Schofield Barracks can take the Kolekole Pass directly to Makalae.

    Also nearby Sea Country will be the new Disney Resort, Disney’s first in Hawaii. It will include hotel rooms, vacation club rentals, restaurants, children’s club and a wide array of activities.

    Use the contact form below to Schedule A Showing and reserve your ‘$1,000 Moves You In Program’

    Error: Contact form not found.

     

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    Filed Under: DR Horton, Featured Blog, New Homes Tagged With: D R Horton, Makalae, Makalae at Sea Country, new homes sales

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