PARKER RANCH CENTER 67-1185 Mamalahoa Highway, Kamuela, Hawaii 96743 RETAIL & OFFICE SPACES FOR LEASE Grocery anchored center with charm and appeal located in the heart of Waimea town on the Big Island of Hawaii. The paniolo theme is full of history and culture and a favorite stop for tourists driving around the Big Island. The residents hang out and relax in this favorite center with all the retail, services and food needed for the family. E122 (3,334 SF), Inside food court & in vanilla shell condition H139/151 (2,692 SF), Restaurant with hood F129 (716 SF), Retail or Offi ce in front of center F132 (1,151 SF), Retail or Offi ce in front of center G138 (7,896 SF), Restaurant in vanilla shell condition H147 (730 SF), Offi ce in back corridor of center H145 (1,234 SF), End cap in rear of center 0007C (245 SF), Small upstairs offi ce space 0007D (230 SF), Small upstairs offi ce space 0007E (288 SF), Small upstairs offi ce space 0007F (158 SF), Small upstairs offi ce space Pad 2 (2,500 SF), Pad site across from U.S. Post Offi ce Debbie Parmley (B) Vice President | Hawaii License No. RB-21953 Leasing Services – Island of Hawaii Direct +1 808 987 7722 Main +1 808 524 2666 debbie.parmley@colliers.com For details on all listings visit, DebbieParmley.com COLDWELL BANKER MARYL REALTY PRICE REDUCED Kailua Kona • Queen Kaahumanu & Henry St. #203 Offi ce # (808) 331-8200 / Toll-Free # (800) 845-7559 View Current Listings listings at CBMaryl.com Offi ce License # RB-16961 IKENA LALO Large covered lanai, gorgeous ocean/coastline views in this top floor 2 bedroom, 2 bathroom updated condo. MLS #292454 $217,500 Desiree Hillen, RS-77474 (808) 313-0766 TREE FERN LANE, HOVE 3 bedroom, 3 bath home in Ocean View Estates. Well-maintained - looks and feels like brand-new. MLS #295293 $284,900 Dylan Nonaka RS-64242 - 937-8382 Mark Shaw RS-77672 - 443-7549 KONA BALI KAI - PRICE CHANGE 1 bedroom, 1 bath ground-floor unit with a garden view in a popular vacation rental - and it’s fully furnished! MLS #285750 $180,000 Dylan Nonaka RS-64242 (808) 937-8382 KA MILO #212 Beautiful 4 bedroom, 3.5 bath in the Mauna Lani Resort. 20 year pre-paid solar system to keep electric bills down. Must see! MLS #292622 $999,900 Leanna Flem, RS-61159 (808) 895-3157 KONA PALISADES Beautiful 2 bed / 2 bath spacious cedar home with vaulted ceilings, open floor plan and spectacular ocean views! MLS #294228 $540,000 Cheryl Cataraha-Cagampang, RS-75190 (808) 938-7703 KONA HEAVENS 180% Coastline views, pool, guest quarters, perfect elevation and fireplace all on one acre! 4 bed / 3 bath home. MLS #292296 $769,000 Kona Carla Womack, RS-61019 (808) 896-6768 KONA PARADISE, KIHI KIHI ROAD 3 bedroom / 3.5 bath custom, well-built home with 3 master suites and central A/C. Killer coastline views! MLS #296453 $489,000 Kona Carla Womack, RS-61019 (808) 896-6768 SEA VILLAGE CONDO 2 bedroom, 2 bath oceanfront condo in a popular, wellmaintained complex, close to town. Stunning ocean views. MLS #296600 $425,000 Buddy Norwood, RB-11909 (808) 896-0144 KONA PACIFIC Fabulous 1 bed / 2 bath, ocean-view condo in a much soughtafter location, close to town, restaurants and shopping. MLS #292104 $319,900 Karen Ostlie, RS-60256 (808) 937-1174 IOLANI 4 bed / 3 bath home with breathtaking ocean views and serenity pool. Call Kelly to schedule a showing! MLS #292148 $1,145,000 Kelly Akao RS-66993 (808) 938-1118 PRICE REDUCED PRICE REDUCED PRICE REDUCED West Hawaii Real Estate | June 22, 2016 19 Kalkut, acknowledging that seeking out residential properties for vacation and weekend getaways is becoming more popular among travelers, stressed that there needs to be a legal and level playing field between the lodging industry and the many shortterm rental platforms available today. In some cities where these rentals are very popular, it is currently illegal for a homeowner to rent out their property for less than 30 days if they aren’t home. Another issue is the equal payment of taxes. Whereas hotels are very heavily taxed – paying up to 15 percent or more in occupancy taxes to state and local governments – the same cannot be said for some of the social rental platforms. Added Kalkut, “There’s also mounting evidence that people are buying multiple properties just to rent them out for short-term purposes. This in turn drives up home prices for traditional buyers and brings up the question on whether this act is a commercial activity.” From Kiessling’s perspective, he stressed the overall need for continuity and a level of fairness among state and local governments. Inciting laughter from the crowd, he joked that restricting short-term rentals is a law from a bygone era, and regulations need to change to support short-term rental activity. “We should be creating laws with purpose,” he said emphatically. Blaesser believes the regulatory response regarding short-term rental issues is not going away any time soon. The growing appetite to both rent and rent-out properties for short-term purposes will cause state and local governments to review and potentially introduce more regulations that may threaten personal property rights. Data from NAR’s 2016 Investment an Vacation Home Buyer Survey proves Blaesser’s point that short-term rentals are becoming more popular. According to the survey, 42 percent of recent investment buyers did or tried to rent their property in 2015 for less than 30 days and plan to do so again this year.
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