07-29-2010, 12:00 PM
We're just back from Kapoho. The Octagon House is not in the best shape. Still a little better than many foreclosures. There is still an ocean view from the loft bedroom. If some trees were cut back the view from the first floor would also be great. Ocean and warm ponds from the front and Green Mountain from the back. There is some rot in the house and it just has that eerie feel of a foreclosure. The last buyers paid around 550K for the house and must have just walked away when values dropped. My guess is that it would take about 100K to make the house nice again.
We did see another house we liked much better. It also needed some work, but was good the way it is. There did seem to be more than just a few abandoned houses. I was pretty surprised. We're thinking about it.
We did see another house we liked much better. It also needed some work, but was good the way it is. There did seem to be more than just a few abandoned houses. I was pretty surprised. We're thinking about it.