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Kohala Coast Real Estate News

Mauna Kea Real Estate Market Update Q1 2016

April 29th, 2016 10:44 AM by Korby Matsen


Mauna Kea Resort is a beautiful 1,839 acre resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort contains two world class hotels, the Mauna Kea Beach Hotel and the Hapuna Beach Prince Hotel.  These hotels are located along some of the most pristine white sand beaches in all of Hawaii. The luxurious homes located in Mauna Kea Resort are second to none, with everything from private oceanfront homes to condos with sweeping ocean views. 


The Mauna Kea Resort also offers its residents access to two Championship Golf Courses, the Seaside Tennis Club, a Fitness Center, and the Mauna Kea Spa. Some of the many restaurants include Number 3, the Hua TreeLanai, the Copper Terrace, Clambake and the Manta & Pavilion Wine Bar.

 

Search all homes for sale in the Mauna Kea Resort by visiting my Home Search Page.

Find out what your Mauna Kea home is worth by visiting my Home Valuation Page.

Learn more about my Vacation Rental Management Program by visiting my Vacation RentalPage.

 

At the time of this writing (Apr. 30th), there were 16 homes and 26 condos for sale in the Mauna Kea Resort. Of the homes for sale, the highest priced one on the market is listed at $15,750,000, and is located at 62-3680 Kiekiena Pl, in the Bluffs at Mauna Kea subdivision, while the highest priced condo on the market is listed at $4,900,000 and is Unit #29 in the Villas of Mauna Kea. At the other end of the spectrum, the lowest priced home on the market is located at 62-4011 Moani Pikake Pl, in The Uplands of Mauna Kea and is listed at $1,595,000. The lowest priced condo currently on the market is listed at $777,000 and is Unit J1 located in Kumulani at the Uplands at Mauna Kea.

Sales continue to be slow in the Mauna Kea Resort, although in the 1st Quarter, the number of homes and condos sold doubled, from 1 home to 2 homes and from 2 condos to 4. In this time from January 2016 through March 2016 there were 2 home sold in the Mauna Kea Resort, and 4 condos were sold. The highest priced home sold  was located at 62-3331 Ahuula Pl, in Mauna Kea Fairways South and sold for $5,650,000,  the lowest priced home went for $2,637,360 and was #411 at Waiulaula at Mauna Kea Resort, Mauna Kea Resorts new construction subdivision. In the condo market, the lowest priced condo to sell during the 1st Quarter went for $1,919,550 and is #331, also located in Waiulaula at Mauna Kea Resort, while the highest priced condo sold for $2,850,000 and is #7A in the Halia Hale at Kaunaoa.

If you are looking to buy or sell a home in the Mauna Lani Resort, or anywhere on the Kohala Coast, contact me today. If you are paying 30% or more in Vacation Rental Management Fees, contact me today. I will help make your Hawaiian Real Estate dreams come true.

Mahalo

Highlights of the Q1 2016 Mauna Kea Update 

  • Number of Homes currently for sale – 16
  • Number of Condos currently for sale – 26
  • Highest priced home currently for sale – $15,750,000 - 62-3680 Kiekiena Place
  • Highest priced condo currently for sale - $4,900,000 #29 The Villas at Mauna Kea 
  • Lowest priced home currently for sale – $1,595,000 – 62-4011 Moani Pikake Place
  • Lowest priced condo currently for sale - $777,000 #J1 Kumulani at The Uplands at Mauna Kea 
  • Number of homes sold in Q1 (Jan – Mar) – 2
  • Number of Condos sold in Q1 (Jan – Mar) – 4
  • Highest priced home sold in Q1 – $5,650,000 – 62-3331 Ahuula Place
  • Highest priced condo sold in Q1 - $2,850,000 Halia Hale at Kaunaoa #7A
  • Lowest priced home sold in Q1 – $2,637,360 #411 Waiulaula at Mauna Kea Resort 
  • Lowest priced condo sold in Q1 - $1,919,550 #331 Waiulaula at Mauna Kea Resort 

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