North and Simone believe the North Shore will continue to experience growth as a visitor destination, but emphasize that the growth should be controlled and sensitive to the environment. “I recently made an investment at Ocean Villas, a beachfront condominium unit I purchased through Sunset Homes, because I believe Turtle Bay will continue to be the North Shores only complete, self-contained resort for the foreseeable future,” Northresort for the foreseeable future,” North said, “All the other islands have upscale resort developments with condos, hotels, golf courses, restaurants, and beaches, except for Ko Olina, Oahu had no such destination until the recent upgrading of Turtle Bay and addition of Ocean Villas and world-class golf courses. Here we have the natural shoreline, the old town, and an active arts community as well. I love the sense of civilization and wildness side by side that characterizes this resort. you (an leave a sophisticated piano bar, walk outside to the beach, and say hello to a six foot Hawaiian turtle, What also sets Turtle Bay apart from other resorts is that it welcomes the community. Business associations and clubs hold meetings here and it’s a popular venue for local weddings. School children on field trips to Waimea Valley stop for lunch, Turtle Bay reflects the kind of rich social diversity that makes Hawaii special.” Simone currently has two Ocean Villas units in escrow. “This is a first-class project and I’m happy to have an opportunity to sell here, North Shore residents, myself included, appreciate the upgrades Oak Tree Capital has put into the resort. Currently sales are brisk at the Kuilima Townhomes, and we continue to hope that the fee will be offered at some point. For people who want a vacation property and can’t afford beachfront homes, the Townhomes can be a viable alternative,” she said.

Ocean Villas fee simple condominium units, located in buildings about 30 feet from the beach at Kuilima Cove, are now nearing completion and expected to be ready for occupancy in early April. The developer, Oak Tree Capital Management, acquired the Turtle Bay Resort from Asahi Jyuken Co., Ltd. in 1998. The hotel at the Kabuku resort opened in 1972 as Del Webb’s Kuilima Resort and Country Club and was later operated as a Hilton property. Ocean Villas occupies a 5.1 acre parcel within the 880 acre resort, which extends along five miles of coastline and sandy beach from Kahuku Point and Turtle Bay to Kawela Bay at the western boundary. A 100-acre wetland preserve and bird sanctuary is another natural feature of the property.

Sunset Beach Colony, an upscale development at Velzyland, previously a neighborhood of old homes and surf shacks, literally sold out overnight” when it was first offered in 2003. Some lots in the 19-acre project are now in resale; construction has not yet started.

One of the north shore’s great estates has been placed on the market by Kahala Associates. The original Sullivan Estate, it was built in 1962 by prominent Honolulu businessman and Foodland founder Maurice Sullivan to serve both as a family compound and to house his antique car collection. Completely remodeled in 2003, the estate has been rented over the years to high profile people from all over the world. Listed at P499,000, the 5.27 acre property includes a primary residence with nine bedrooms and nine baths, a three bedroom, three bath guest house, a dozen cabanas, two swimming pools, game rooms, and a gym. The panoramic view from the terraced hillside lot extends from Kaena Point to Sunset Beach. Kahala Associates principal broker Myra Brandt said, “This is the perfect home for someone who wants to entertain on a grand scale, plus it’s very private and secured. When you are up there, you feel as though you are on top of the world.”

Brandt noted that from Kawela Bay to Mokuleia there are approximately 530 oceanfront homesites, about 100 more than East Oahu oceanfront from Diamond Head/Kahala to Koko Kai. The median price for North Shore oceanfront single family homes in 2004 was $1,525,000 against an East Oahu median of $2,930,000.