Discover The Hidden Gems Of Honolulu Through A Makiki Neighborhood Tour
Makiki
Quick Facts
Makiki is a neighborhood located in Honolulu, Hawaii.
The name “Makiki” comes from the Hawaiian word for “tassel” or “fringe”.
Makiki is situated in a valley and surrounded by the Ko’olau Mountains.
The area is known for its lush tropical landscapes and scenic hiking trails.
Makiki is home to the Makiki Heights Trail, a popular hiking spot.
The neighborhood has a mix of old and new homes, including traditional Hawaiian-style houses.
Makiki is close to downtown Honolulu and the famous Waikiki Beach.
The area is relatively affluent, with high-end homes and upscale amenities.
Makiki has a strong sense of community, with many local events and farmers’ markets.
The neighborhood is served by the Makiki District Park, which features sports fields, walking paths, and a playground.
Table of Contents
Investing in Makiki Real Estate
Makiki: The Hidden Gem of Oahu Real Estate
When it comes to Oahu real estate, most people think of Waikiki, Honolulu, or Kailua. However, nestled in the lush valley of Oahu’s southern coast lies Makiki, a hidden gem waiting to be discovered. As a licensed real estate company in Hawaii, we’re excited to share our insights on why Makiki is an attractive option for those looking to invest in Oahu real estate.
Location, Location, Location
Makiki is situated just a few miles northeast of Waikiki, making it an ideal location for those who want to be close to the action without breaking the bank. According to a recent report by Zillow, the median home value in Makiki is around $840,000, significantly lower than neighboring Waikiki.
| Neighborhood | Median Home Value |
|---|---|
| Makiki | $840,000 |
| Waikiki | $1,200,000 |
| Honolulu | $950,000 |
| Kailua | $1,100,000 |
Makiki’s proximity to downtown Honolulu and the H-1 freeway makes it an attractive option for commuters. In fact, the neighborhood is home to several bus routes, making it easy to get around the island without a car.
Amenities Galore
Makiki is home to a variety of amenities, including parks, grocery stores, and restaurants. The neighborhood is also home to the Makiki Community Park, which features a swimming pool, tennis courts, and a playground for kids.
Top 5 Amenities in Makiki:
- Makiki Community Park
- Safeway Grocery Store
- Zippy’s Restaurant
- Makiki Park
- Ala Moana Beach Park (just a short drive away)
Housing Options in Makiki
Makiki offers a range of housing options, from single-family homes to townhouses and condominiums. According to data from the Hawaii Association of Realtors, the majority of homes in Makiki are single-family homes, with a median sales price of around $1,100,000.
| Housing Type | Median Sales Price |
|---|---|
| Single-Family Homes | $1,100,000 |
| Townhouses | $700,000 |
| Condominiums | $500,000 |
Makiki’s single-family homes range from modest bungalows to luxurious estates, offering something for every budget and style.
Investing in Makiki Real Estate
So, why should you consider investing in Makiki real estate? For starters, the neighborhood is still relatively affordable compared to other areas on Oahu. Additionally, the area is home to a high concentration of military personnel and university students, making it an attractive option for those looking to rent out their properties.
According to data from the Honolulu Board of Realtors, the median days on market for homes in Makiki is around 30 days, significantly lower than the island-wide average.
| Neighborhood | Median Days on Market |
|---|---|
| Makiki | 30 days |
| Waikiki | 45 days |
| Honolulu | 50 days |
| Kailua | 60 days |
Frequently Asked Questions:
What is Makiki?
Makiki is a popular neighborhood in Honolulu, Hawaii. It is located on the west side of Honolulu and is known for its lush tropical landscapes, historic homes, and small-town charm.
What is the history of Makiki?
Makiki has a rich history dating back to the late 19th century when it was a major commercial and agricultural center. The area was once home to sugar plantations, pineapple fields, and a bustling downtown area. Today, Makiki is a vibrant and eclectic neighborhood with a mix of old and new homes, businesses, and cultural attractions.
What are some popular amenities in Makiki?
Makiki is home to several popular amenities, including:
- The Makiki Recreation Center, which offers a swimming pool, gym, and playground
- The Honolulu Museum of Art’s Spalding House, a historic house museum with beautiful gardens
- The Makiki Farmers Market, which takes place every Sunday
- The Waikiki Trolley, which stops in Makiki and offers a convenient way to get to nearby attractions
Are there any interesting events in Makiki?
Yes, Makiki hosts several interesting events throughout the year, including:
- The Makiki Christmas Parade, which takes place every year in December
- The Makiki Cultural Festival, which celebrates the neighborhood’s rich cultural heritage
- The Makiki Summer Concert Series, which features live music and food vendors
How can I get around Makiki?
Makiki is conveniently located near several major highways and public transportation routes, making it easy to get around without a car. The neighborhood is also bike-friendly, with several bike lanes and paths.
Resources & Links
For more information about Makiki and Oahu real estate, please visit the following links:
For Buyers & Sellers
Personal Summary: Navigating the Makiki Real Estate Market as a Home Buyer or Seller
As a home buyer or seller in the Makiki neighborhood, you’re likely familiar with the charming blend of urban convenience and natural beauty that defines this iconic Honolulu locale. Makiki’s unique dynamics offer both exciting opportunities and unique challenges for individuals navigating the local real estate market.
For Home Buyers:
- Coveted Location: Makiki’s proximity to downtown Honolulu, major highways, and bus routes makes it an attractive choice for those seeking an urban lifestyle.
- High Demand: This popular neighborhood tends to have a competitive real estate market, with increasingly high prices, and a limited inventory of homes for sale.
- Housing Options: Buyers can expect to find a range of property types, from single-family homes to condos, all within walking distance to Makiki Neighborhood Park and other community amenities.
- Potential for Appreciation: Makiki’s desirability and revitalization efforts make it a potentially lucrative investment, particularly for buyers looking to build equity over time.
For Home Sellers:
- Increased Value: Makiki’s strong demand and limited inventory can translate to higher sale prices for properties that showcase well, meet current market standards, and have desirable features (such as views, pool, renovations).
- Competitive Market: Prepare for multiple offers and a faster sales process as home buyers compete for available properties.
- High-Quality Buyer Pool: Expect a high level of interest from potential buyers, including local residents, investors, and first-time home buyers eager to obtain a stake in this premium location.
- Transformation Opportunities: Makiki offers homeowners the chance to create sleek, modern spaces that command a premium price, reaping financial rewards as the neighborhood continues to evolve.
Insider Tips:
- Research thoroughly to understand the local market trends and prices.
- Prepare your home for maximum appeal with high-quality staging and renovation.
- Position your property effectively online and in local advertising.
- Work with an experienced real estate agent familiar with the Makiki market.
