Search Properties
Featured Properties
Search Brokers
About Castles
Contact Castles
Subscribe to Magazine
Luxury Real Estate News
Open a Broker Account
Advertising Rates
Submission Guidelines

Wednesday, March 30, 2016

The Moano Residence: A Private Hawaiian Estate at Kohanaiki

73-2230 Ala KohanaikiKailua Konda, Hawaii

The Moana Residence sits on the prime lot at Kohanaiki, a private equity club. Membership is by invitation only and the club has been recognized by the Audubon Society. 

This luxurious residence is a 5 bedroom, 5 and a half bath home consisting of 7,000 square feet of living space. It features hardwood floors on the inside and granite stone flooring on the lanais, granite countertops, vaulted cedar ceilings, clerestory windows for lots of light, soaring ceilings, handmade custom African mahogany cabinetry, mahogany trim and pocketing doors throughout .THe beautifully landscaped grounds include a large lap pool, spa and pool pavilion. Designed by Zak Architecture for island living, this home is offered turnkey - a seamless merging of luxurious detail and natural brilliance.

Inspired by its incredible setting, this property smoothly blends the ocean's pristine shoreline with Hawaii's ancient lava flows. Members of the Kohanaiki enjoy world class dining, beach bars, Adventure Team ocean activities, poolside food and beverage services and direct beach access to Kona's best ocean and surf site.
Price: $17,500,000
Bedrooms: 5
Bathrooms: 5
Half Baths: 1
Lot Size: 43,124 square feet

Wednesday, March 2, 2016

This Is What Luxury Means in 2016

Luxury Portfolio International recently released a white paper on “The New Rules of Luxury Living,” intended to give its member firms a better grasp on what luxury means to the affluent demographic today.

Several important points are explored in detail, centered around the understanding that the desire to possess luxurious things remains important to the affluent even in the post-recession economy. The paper looks to the past to understand how historically the leader-class of the past would describe luxury as a birthright, the possession of which was proof of their rank. Today, luxury consumers describe their access to luxury in a very different way. Today, luxury is usually the result of a lifetime of hard work and strong drive and no longer something dividing the affluent from others. It is a signal to one’s self of being victorious over the challenges of life.

New research and data gathered helped Luxury Portfolio gain insight into luxury consumers’ wants and desires as it relates to their buying habits and consumption of luxury goods and real estate. Much information is readily available to consumers and a good sales person should be equipped with the knowledge and a deeper understanding of the consumer to offer a better quality of service – whether it involves a home or another luxury product.

Furthermore, the research concludes that success, and ultimately affluence, begins with being educated, embracing hard work, seizing opportunity and pursuing passions first and financial gain second. As a result of the Great Recession today’s affluent have learned to be financially responsible, resourceful shopper who work hard to secure their family’s quality of life.