Real Estate

What’s Selling For About $3 Million In 3 Wealthy Housing Markets

An ocean-adjacent estate in Honolulu’s Portlock neighborhood, a sophisticated contemporary home in Vail, Colorado, and a modern penthouse in San Diego’s Bankers Hill neighborhood.

Portlock, Honolulu | 5 bedrooms, 5.5 bathrooms

The 2007-built home on a quarter-acre lot is located a stone’s throw away from the beach in the Portlock community on the island of Oahu. The two-story home pays homage to Hawaii’s Territorial era of the early 1900s with its overhanging eaves and wrap-around lanais overlooking the swimming pool.

The main floor living spaces are outfitted with disappearing floor-to-ceiling mahogany doors that blend indoor-outdoor areas. Vaulted Balinese-style ceilings, wide-plank pine floors and a chef’s kitchen with high-end appliances are among other features of note.

Sold price: $3 million

Weeks on market: 5


List price: $3.25 million

List-to-sale ratio: -7.69%

Median price (12 months): $2.3 million

Represented by: Ann Kwock, Hawai’i Life

Vail, Colorado | 5 beds, 7 bathrooms

This custom contemporary, designed by OZ Architects and built by Vail-based custom homebuilders R.A. Nelson, is part of a small enclave in the East Vail area.

Stone, wood and metal materials feature prominently in the home’s design. Beamed ceilings and hardwood floors stand out in the great room, which features a wall of windows for taking in mountain views. The lower level holds a gym with rubber floors and a dance bar. Front decking and a grassy backyard extend the living space outward.

Sold price: $3.1 million

Weeks on market: 25

List price: $3.25 million

List-to-sale ratio: -4.62%

Average price (January 2021): $2.976 million

Represented by: Donna Caynoski, Slifer Smith & Frampton

Bankers Hill, San Diego | 4 bedrooms, 5 bathrooms

A prized perch in the heart of San Diego, the Bankers Hill penthouse plays up the views with floor-to-ceiling windows in nearly every room. 

Accessed through a private foyer, the two-story floor plan features open-concept living spaces, four bedrooms and five bathrooms. A modern chandelier draws the eyes upward in the living room, which is topped with a concave ceiling. Massive terrace balconies on two levels complete the lofty offering.

Sold price: $3.11 million

Weeks on market: 13

List price: $3.195 million

List-to-sale ratio: -2.66%

Average price (6 months): $1.202 million

Represented by: Elizabeth Courtier, Willis Allen Real Estate

Hawai’i Life, Slifer Smith & Frampton Real Estate and Willis Allen Real Estate are exclusive members of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

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