Molokai Island Real Estate & Lanai Homes

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Molokai and Lanai Real Estate & Homes for Sale in Hawaii

Molokai Island Homes & Pricing
Molokai home seekers will find a range of options including secluded cottages/starter homes and expansive oceanfront mansions. Almost any option will offer a magnificent scenic view of the ocean or surrounding landscape. Not surprisingly, Molokai home prices vary widely, from the low $100,000s to several million dollars. In Kaunakakai you can find homes listed just under $580,000. You can find Molokia houses in Maunaloa listed under mid $500,000. The city of Kuaalpauu has a very limited supply of active homes for sale on the market, nearby Kaunakakai offers more of a selection of beach land for sale, condos, townhouses, and homes. There are also five condominium complexes on the island. Three of these complexes are located on the west end, one is located in Kaunakakai and the other complex is situated in the rain forest on the east end of the island.
If you are interested in waterfront property or beach houses Molokai Island is the place to find it all!
Lanai City Homes
In Lanai City, home prices range from the mid-$400,000s usually for condos, townhouses, or foreclosures. Single family homes in Lanai City tend to have a higher priced tag in the high $200,000 to over $3 million. Newer listing on the market are currently listing between $350,00 to $500,000. The inventory of Lanai City condos for sale vary between just under $600,00 to (very limited inventory) to over $1 million. Although with the current home prices in Hawaii lower compared with previous years, there are opportuities to purchase foreclosures at a more affordable price range.

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Molokai Real Estate & Lanai Homes in Hawaii


About Moloaki Island
Relaxed living in a tropical paradise is yours on Molokai Island and on Lanai Island’s Lanai City. The island of Molokai is quiet and beautiful, with its colorful beaches, dense rainforests and stunning waterfalls and sea cliffs. It is also one of the last affordable options for Hawaiian real estate. With no traffic lights, no tall buildings and a population of only 7,500, Molokai has a distinguished different atmosphere than the commercialized, resort-style islands. The island is located about 25 miles southeast of Oahu and about 10 miles northwest of Maui. Molokai’s main attractions are its deserted beaches and Kahiwa Falls, the world’s highest sea cliff. The island’s largest village, Kaunakakai, is located on the southern shoreline. Lanai City is southwest of Molokai and west of Maui. The island’s only city, Lanai City, is situated in the center of the island, 17 miles from Maui’s Lahaina and about 20 miles from Kaunakakai. Lanai City is the location of all major retail stores and the island’s only gas station. Located along Highway 440, the city offers easy access to Shipwreck Beach and Garden of the Gods, two of the island’s best-known destinations. Public education on all of the Hawaiian Islands is provided by the Hawaiian Department of Education, which operates a total of 384 schools throughout the state. Real estate options for both Lanai City and Molokai Island range from oceanfront mansions, to beautiful town homes and condominiums.

View Current Rates
-- Sep 3rd, 2010 --
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 30 yr. fixed rate: 4.34%
 15 yr. fixed rate: 3.86%
 30 yr. jumbo rate: 5.48%
 15 yr. jumbo rate: 5.02%
Average Prices of 3 Bed Homes
-- Sep 3rd, 2010 --
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 1 Month Ago  $518,000
 Today  $527,000

Molokai and Lanai HI Real Estate for the week of August 30th, 2010: homes priced around $527,000 compared to $527,000 the previous week, to remain steady with no change in listing price.  As of August 30th, 2010, the current number of listings in Molokai and Lanai HI are 131 listings.  For Friday, September 3rd, the current national mortgage rate for a 30 year fixed mortgage is 4.34%; the 15 year fixed rate is at 3.86%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 5.48%, while the 15 year jumbo rate currently is at 5.02%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Molokai and Lanai HI. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Molokai and Lanai, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Molokai and Lanai, Molokai and Lanai neighborhood information, crime stats, home values, and schools in Molokai and Lanai to help you find the best home!

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