Surrounded by lava flows and over 1.5 miles of uninterrupted white sand beachfront, Kohanaiki sits on 450 acres on the Kona Coast. This private community features world-class amenities including access to a unique private club experience with a 67,000 sq.ft. clubhouse completed in 2019. Members can take advantage of the tennis facility, 18-hole Rees Jones designed private golf course, full fitness center, even a community farm. Up to 400 residences are planned for the community, including 75 ocean and golf view custom home sites.
DID YOU KNOW?
Hawai`i is a multi-cultural melting pot and one of the celebrated events is Chinese New Year. In 2023 Chinese New Year will fall on Sunday, January 22, and celebrates the Year of the Rabbit. The rabbit is one symbol of the Chinese zodiac, a repeating 12-year cycle of animal signs and their ascribed attributes, based on a lunar calendar. The animals representing each of the years are the Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog, and Pig. In Hawai`i, Chinese New Year is often celebrated with street parties or celebrations at public places like shopping centers, always featuring a Chinese Lion Dance, to bring luck and prosperity to merchants. Watch for announcements in your community!
DECEMBER 2022 STATS
No single-family homes were sold from September through December, 2022.
There were no condo sales during the last quarter of 2022.
2022 YEAR END MARKET STATS
Sales on six Kohanaiki homes closed in 2022. Sale Prices ranged from $7.5M to $20.6M and averaged a 96.4% Sale/Current Price or $11,968,040. The homes were on the market for an average of 60 days and price per square foot averaged out at $2,884.
Nineteen (19) residences classified as condominiums closed at Kohanaiki in 2022. Sale prices ranged from $3.1M to $5.9M; the Sale/Current price averaged out to 99.3% or $3,780,789. The homes spent an average of 5 days on the market; the price per square foot was $1,777.
REAL ESTATE TIP
Mitsubishi Electric Championship at Hualalai Resort is scheduled for January 19-21, 2023. This event opens the 2023 PGA Tour Champions season and draws a star-studded group of senior golfers, featuring winners of PGA Tour Champions events over the past two years. Held on the beautifully manicured golf course at Hualalai Resort the event includes a Pro-Am and two days of play by PGA Tour Champions. For information on tickets, visit pgatour.com.
Kohanaiki Resort Real Estate
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Statistics provided courtesy of Hawai'i Information Service.