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Kohala Coast Real Estate News

Mauna Kea Real Estate Market Update Q3 2015

December 15th, 2015 1:19 PM by Korby Matsen


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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 Tree Lanai, the Copper Terrace, Clambake and the Manta & Pavilion Wine Bar.

At the time of this writing, there were 18 homes and 20 condos for sale in the Mauna Kea Resort. Of the homes for sale, the most expensive one on the market is listed at $18,950,000, and is located in the Bluffs at Mauna Kea subdivision, while the most expensive condo on the market is listed at $4,900,000 and is located in the Villas of Mauna Kea. At the other end of the spectrum, the lowest priced home on the market is located in The Uplands of Mauna Kea and is listed at $1,450,000. While the lowest priced condo currently on the market is listed at $835,000 and is located in Kumulani at the Uplands at Mauna Kea.

When it comes to sales in the 3rd Quarter, the activity in the Mauna Kea Resort was slow, to say the least. In this time from July 2015 through Sept 2015 there was only 1 home sold in the Mauna Lani Resort, and only 2 condos were sold. Since only one home was sold, the most expensive home sold and the least expensive home sold were the same home, and it was located in Mauna Kea Fairways North and sold for $2,975,000. While the most expensive condo sold for $2,900,000 and was located in the Villas of Mauna Kea. The lowest priced condo to sell during the 3rd Quarter was a home located in Kumulani at the Uplands of Mauna Kea that had a sales price of $850,000.

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

Mahalo

Highlights of the Q3 Mauna Kea Update 

  • Number of Homes currently for sale – 18
  • Number of Condos currently for sake – 20
  • Highest priced home currently for sale – $18,950,000 Bluffs at Mauna Kea
  • Highest priced condo currently for sale - $4,900,000 The Villas at Mauna Kea
  • Lowest priced home currently for sale – $1,725,000 The Uplands at Mauna Kea
  • Lowest priced condo currently for sale - $835,000 Kumulani at The Uplands at Mauna Kea
  • Number of homes sold in Q3 (July – Sept) – 1
  • Number of Condos sold in Q3 (July – Sept) – 2
  • Highest priced home sold in Q3 – $2,975,000 Mauna Kea Fairways North
  • Highest priced condo sold in Q3 - $2,900,000 The Villas at Mauna Kea
  • Lowest priced home sold in Q3 – $2,975,000 Mauna Kea Fairways North
  • Lowest priced condo sold in Q3 - $850,000 Kumulani at The Uplands at Mauna Kea

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