The Hawaii Team Real Estate Blog
Is Now a Good Time to Buy or Sell a Luxury Home on the Kona-Kohala Coast?
Quick Answer: The Kona-Kohala Coast luxury real estate market is currently balanced, with a six- to seven-month supply of homes. This indicates conditions that favor neither buyers nor sellers significantly. While 55–56% of transactions are cash, this reflects a...
Why choose an experienced Hawaii real estate advisor for my second home or investment?
Quick Answer: An experienced luxury real estate advisor on the Kona-Kohala Coast offers deep market knowledge, navigates complex transactions, and provides critical insight into shifting market conditions. This helps buyers and sellers of high-value properties,...
What were the June 2023 sales for luxury condos and homes in Waikoloa, Mauna Lani, and Mauna Kea?
Quick Answer: June 2023 saw light sales volume in luxury resorts along the Kona-Kohala Coast, with a total of 22 transactions. However, sale-to-current price ratios were remarkably strong, often exceeding 100% in areas like Waikoloa Beach Resort and Mauna Lani Resort,...
What are the best luxury dining experiences and unique activities near Mauna Kea Resort for my family’s Big Island vacation?
Quick Answer: For an authentic, upscale casual dining experience focused on fresh, local ingredients, Jackie Rey’s Ohana Grill in Kailua-Kona is a top choice, offering a vibrant atmosphere and a delicious menu. For an unforgettable family adventure, Mauna Kea Summit...
How should I evaluate multiple offers on my luxury Hawaii home?
Quick Answer: Evaluating multiple offers on your luxury home along the Kona-Kohala Coast goes beyond the highest price. It requires a strategic assessment of terms such as contingencies, closing dates, and earnest money, along with a clear understanding of your...
How Does the California Mansion Tax Affect My Luxury Property Sale in Los Angeles?
Quick Answer: The California Mansion Tax, specifically Los Angeles’s Measure ULA, imposes a significant transfer tax on property sales over $5 million, with a 4% tax for properties between $5 million and $10 million and 5.5% for properties over $10 million, applied to...
What do May 2024 condo and home sales mean for my Big Island investment?
Quick Answer: May 2024 resort market activity on the Kona-Kohala Coast showed continued strength in luxury condominiums, particularly in Mauna Lani and Waikoloa Beach Resort. Kohanaiki demonstrated robust performance for both condominiums and single-family homes,...
What are the best restaurants and activities in Kailua-Kona for my Hawaii vacation?
Quick Answer: For an authentic Big Island dining experience, Rock 'N Crab in Kailua-Kona offers a unique New England-style seafood boil perfect for families. To escape the coastal heat and immerse yourself in nature, the Kona Cloud Forest Sanctuary provides a serene,...
How Will the Aging Population, Vacation Rentals, and Rising Insurance Costs Impact My Luxury Kona-Kohala Coast Home Investment?
Quick Answer: The aging population could increase luxury inventory on the Kona-Kohala Coast as Baby Boomers downsize, while the growth of vacation rentals continues to drive demand and appreciation in desirable areas like Mauna Kea and Hualalai, despite increasing...
Should I Join a Hawaii Boat Club if I Own a Luxury Home in Hualalai?
Quick Answer: For luxury homeowners on the Kona-Kohala Coast, a boat club in Hawaii is often a financially savvy and lifestyle-enhancing choice, offering significant cost savings and convenience over private ownership, especially for those who might use a boat only a...
Can I Buy a Vacation Rental in Kona or Kohala Coast: Hawaii STR Rules by Island?
Quick Answer: Hawaii's short-term rental rules are complex, county-specific, and constantly evolving, with significant differences between Kauai, Oahu, Maui, and the Big Island. While the Kona-Kohala Coast offers some of the most flexible options, including designated...
April Market Statistics for Resort Areas on the Kohala Coast
Condominium sales dominated the resort real estate activity in April, with Mauna Lani leading the way with seven condo sales. Waikoloa Beach Resort followed with four sales; single condominium sales were recorded in Mauna Kea Resort, Hualālai Resort and at Kohanaiki....