My name is Mike Gallagher. Get the facts on Kailua statistics at http://www.hawaiirealestatestatistics.com. I have been tracking statistics in Kailua and Oahu since 2005.
Everyone wants to "transition" to Lanikai.
Flat lot will give you the middle of Lanikai and the much more expensive Beach Front properties. Bring your check book. It's going to cost you.
Be prepared. Check my "Odds of Selling" by price range for Kailua on my website. It will provide you with Negotiation Power.
Call me for more questions on Lanikai
Mike Gallagher, Broker in Charge, Abe Lee Realty
Ethics Complaints Review Committee Member, Honolulu Board of Realtors
Our company manages several properties in the Kailua/Lanikai area and are well-positioned to assist you. You can visit our website to learn about the company, see the properties that we manage, and search for listings that interest you. Please take a look and contact me to assist you in your search.
If your goal is to purchase in the next 5 years, probably the best thing to do right now is keep an eye on which properties come on the market and start familiarizing yourself with not only what a particular property is listed for, but what that property eventually sells for. Determine if your budget will allow for oceanfront or if it makes more sense to be a block from the beach. If you are able, spend some time in the neighborhood and target homes that you might be interested in (whether they are listed for sale of not). Consider also whether you would like to target a property with the intention of using creative or traditional financing (we can help you research which properties might be available for creative financing).
My company has the ability to represent and counsel you with your purchase, as well as property manage your investment. http://www.oahurealtors.net
Here is a google map search that you can use to search for property of any price. http://www.TheOahuAgent.idxco.com/idx/7373/mapSearch.php