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Kohala Coast Real Estate News

Mauna Kea Real Estate Market Update Q4 2015

February 27th, 2016 12:31 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 resident’s 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 14 homes and 25 condos for sale in the Mauna Kea Resort. As it was in Q3, the most expensive home on the market continues to be the one listed for $18,950,000, that 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 $1,725,000. While the lowest priced condo currently on the market is listed at $825,000 and is located in Kumulani at the Uplands at Mauna Kea.

When it comes to sales in the 4th Quarter, the activity in the Mauna Kea Resort continues to be on the slow side. In the time from October 2015 through December 2015 there were 3 home sold in the Mauna Lani Resort, with only 1 condo being sold. Since only one condo was sold in Q4, the most expensive condo sold and the least expensive condo sold were one and the same, and it was located in Waiulaula at Mauna Kea Resort with a sales price of $975,000. The most expensive home sold was also located in Waiulaula Mauna Kea, and it had a sales price of $2,993,380. The lowest priced home to sell during the 4th Quarter sold for $1,875,000 and was located in Moani Heights at the Uplands at Mauna Kea Resort.

If you are looking to buy or sell a home in the Mauna Kea Resort, or anywhere on the Kohala Coast, contact me today. I will help you make your Hawaiian Real Estate dreams come true. For more other market updates, please visit the Market Report page on my website.

Mahalo

Highlights of the Q3 Mauna Kea Update 

  • Number of Homes currently for sale – 14
  • Number of Condos currently for sake – 25
  • 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 - $825,000 Kumulani at The Uplands at Mauna Kea
  • Number of homes sold in Q4 (Oct – Dec) – 3
  • Number of Condos sold in Q4 (Oct – Dec) – 1
  • Highest priced home sold in Q4 – $2,993,380 Waiulaula at Mauna Kea Resort
  • Highest priced condo sold in Q4 - $975,000 Waiulaula at Mauna Kea Resort
  • Lowest priced home sold in Q4 – $1,875,000 Moana Heights at the Uplands at Mauna Kea
  • Lowest priced condo sold in Q4 - $975,000 Waiuluala at Mauna Kea Resort

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