Saturday, 16 December 2017

Mauna Kea Resort Market Update for Q3 2017

Written by Posted On Tuesday, 28 November 2017 22:36

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.

View all homes for sale in the Mauna Kea Resort. Instantly find out what your Mauna Kea Resort Home  is worth. Discover how my Vacation Rental Mgt Program  can save you $1,000’s.

Mauna Kea Resort

 

At the time of this writing (Oct 10th), there were 14 homes and 8 condos for sale in the Mauna Kea Resort, with 2 homes and 7 condos in escrow. Of the homes for sale, the highest priced one is listed at $13,950,000, and is located at 62-3966 Lanikeha Place in Mauna Kea Fairways North, while the highest pricede condo on the market is listed at $4,900,000 and is located in the Villas of Mauna Kea #29. At the other end of the spectrum, the lowest priced home on the market is Waiulaula at Mauna Kea #420 and is listed at $2,200,000. While the lowest priced condo currently for sale is listed at $839,999 and is located in Kumulani at the Uplands at Mauna Kea, Unit #J4.

Mauna Kea Resort

 

The sale of single family homes in Mauna Kea Resort continues to be slow, with only 1 home selling in the 3rd Quarter. But condo sales have increased, with 4 condos selling in this time from July 2017 through Sept 2017. Since only one home was sold in Q3, the highest priced and the lowest priced home sold were the same one, and it is located at 62-3600 Amaui Place in Waiulaula at Mauna Kea, and sold for $1,600,000, from a list price of $1,775,000. The highest priced condo sold in Mauna Kea Resort in Q3 went for $2,730,000, from a list price of $2,975,000 and is located Halia Hale #8 at Kaunaoa, while the lowest priced condo to sell is located in Kumulani at the Uplands of Mauna Kea, Unit C1,  and had a sales price of $812,000, from a list price of $875,000.

Analysis: As with most other areas of the Kohala Coast, the inventory in Mauna Kea Resort is slowing but surely being reduced. The sales of single family homes are still relatively slow in relation to the amount of inventory, but condo sales have been brisk, bringing that market segment into what could be called a balanced market.

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 make your Hawaiian Real Estate dreams a reality. Mahalo

Highlights of the 2017 Q3 Mauna Kea Resort Update 

  • Number of Homes currently for sale – 14
  • Number of Homes currently in escrow - 2
  • Number of Condos currently for sale – 8
  • Number of Condos currently in escrow - 7
  • Highest priced home currently for sale – $13,950,000 62-3966 Lanikeha Pl in Fairways North
  • Highest priced condo currently for sale - $4,900,000 The Villas at Mauna Kea #29
  • Lowest priced home currently for sale – $2,200,000 – Waiulaula at Mauna Kea Resort #420
  • Lowest priced condo currently for sale - $849,999 Kumulani at the The Uplands at Mauna Kea #J4
  • Number of homes sold in Q3 (July – Sept) – 1
  • Number of Condos sold in Q3 (July – Sept) – 4
  • Highest priced home sold in Q3 – $1,600,000 62-3600 Amaui Place at Waiulaula
  • Highest priced condo sold in Q3 - $2,730,000 Halia Hale #8A at Kaunaoa
  • Lowest priced home sold in Q3 – $1,600,000 62-3600 Amaui Place at Waiulaula
  • Lowest priced condo sold in Q3 - $812,500 Kumulani at the The Uplands #C1

If you enjoyed this update, you may like Mauna Lani Resort Market Update for Q3 2017.

First published at www.ViewHawaiiLuxuryHomes.com/MarketUpdates

Rate this item
(0 votes)
Korby Matsen

Korby Matsen is a REALTOR® Broker with Hawaii Luxury Real Estate located on the Big Island of Hawaii.

He was born and raised in the beautiful city of Vancouver Canada and moved to Austin Texas in 1998 during a corporate merger in the semiconductor distribution industry. Having been an active Real Estate Investor since 2003, he decided that in 2007, after 20 years in semiconductor distribution, he would take the passion and experience he gained as an investor and turn it into full-time career in Real Estate Sales. Since then, Korby has helped many clients fulfill dreams of home ownership, as well as helping others to sell their homes and move on to new stages in their lives.

After many trips to Hawaii over the years, Korby decided to combine his love for Hawaii with his passion for real estate, and in 2014 made the permanent move from Texas to the Big Island of Hawaii  His time as a Real Estate Investor and in Sales has given him an understanding of his client's needs and expectations, expertise with the entire home buying process, as well as knowledge of the real estate business cycles, both nationally and locally. His clients have called him professional, patient and knowledgeable, and he looks forward to using those skills to make your real estate dreams come true.

www.viewhawaiiluxuryhomes.com

Search by State:

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.