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?
The rising of Makaliʻi (the constellation Pleiades) at sunset marks the beginning of the Hawaiian new year, known as Makahiki. Makahiki usually begins mid-November and ends in late January or February, aligning with the rainy season. It is a time set aside for tribute, harvest, sport, and play. The word makahiki can refer to a time of celebration; the roughly four-month period of Makahiki was a time of peace and plenty, relaxation and games, and for harvest. It was also a time to honor the god Lono, one of the four major gods recognized not only here in Hawaiʻi, but throughout the Pacific. His domain includes fertility, agriculture, and peace. During Makahiki, the qualities of Lono were celebrated by feasting, competing in sport and games, hula, and storytelling. Look for opportunities to celebrate and experience Makahiki in your community.
October 2023 STATS
There were no home sales in September, 2023. There was one home sale in June, closing at $14M, or 100% of the Sale/ Current Price. The residence had zero days on the market and the price per square foot was $3,211.
There were no condo sales in September, 2023. There was one condominium sale in Kohanaiki in May. The unit had zero days on the market before selling for 100% of the Sale/ Current Price of $5.4M. The price per square foot was $2,263.
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
You won’t want to miss a beloved Kona tradition, the 52nd annual Kona Coffee Cultural Festival, Nov. 3 to 11. The festival celebrates the region’s world-famous coffee industry and the coffee harvest. There are dozens of events taking place, from artisan markets, to parades, a marathon, a pageant to name the new Miss Kona Coffee, barista training, a latte art throwdown, and coffee recipe contest. To see the full calendar of events, visit konacoffeefest.com/events
Kohanaiki Resort Real Estate
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Statistics provided courtesy of Hawai'i Information Service.