ABOUT
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 first orchids made their way to Hawai`i around the mid-1800s via Asia, and by the end of the 19th century, wealthy individuals and even Hawaiian royalty maintained orchid collections. Hawai`i became the epicenter of orchid breeding in dendrobium, vanda, cattleya, phalaenopsis, oncidium and other genera. But it was the 1957 World Orchid Conference that really put Hawai`i on the orchid map. That same year, the University of Hawaii started a research program focusing on the culture and production techniques of Dendrobiums. The “Hawaiian Lei” orchid has become the single most important commercial flower in the state through cut flowers, lei and potted plants and the many nurseries on Hawai`i Island’s east side prompted the nickname the “Orchid Isle.” Though the popularity of the nickname has faded, the island’s tropical plant industry – including orchids – continues to grow and contribute to the island’s economy.
August 2024 STATS
Kohanaiki recorded one home sale during the month of August. The residence spent zero days on the market and sold for 100% of the Sale/Current Price or $14.5M. The land/building price per square foot average was $3,682.
There were no condo sales in August. Three condominium sales were recorded at Kohanaiki during the month of May. Prices ranged from $4.7M to $6.4M, averaging 95.87% of the Sale/Current Price. The units spent an average of 13 days on the market and the average price per square foot was $2,133.
WEATHER
2023 YEAR END MARKET STATS
Sales on five Kohanaiki homes closed in 2023, with prices ranging from $5.2M to $14M. The homes averaged a 99.64% Sale/Current Price or $7.48M and were on the market for an average of 22 days. The price per square foot, land/building, averaged out at $2,811
Three residences classified as condominiums closed at Kohanaiki in 2023. Sale prices ranged from $3.95M to $5.M with the Sale/Current price averaging 99.11% or $4.95M. The homes spent an average of 94 days on the market with a price per square foot of $2,199.
REAL ESTATE TIP
The Kona Test Drive
When people come to visit the Big Island of Hawai`i it’s not uncommon for them to fall in love with Paradise after the first visit. Many times, this...
KOHANAIKI EVENTS
Orchid lovers won’t want to miss the Kona Orchid Society’s Fall Show and Sale on Saturday, September 21, 9 a.m. to 2 p.m. at the Makaeo County Pavilion, Old Airport Beach Park. The nominal admission fee includes many educational offerings, a display of blooming orchids by club members and a sale presenting a wide selection of healthy plants from Hawai'i Island growers. In addition to numerous orchid varieties, choose from cactus, succulents, air plants, bonsai, protea, fruit trees, exotic tropicals, water plants, herbs, vegetable starts, and bedding plants. Jams, jellies, arts and crafts and high-fire functional stoneware will also be sold. Food vendors will be on site offering tasty local favorites and free boxes will be available while supplies last to carry purchases. Attendees are invited to talk story with growers and on-site master gardeners for tried-and-true growing tips.
Location
Kohanaiki Resort
Video Tips
Kohanaiki Resort Real Estate
73-7021 HOOLUA PL, KAILUA KONA, HI 96740
$11,600,000
73-7043 HOOLUA PL, KAILUA KONA, HI 96740
$14,500,000
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Statistics provided courtesy of Hawai'i Information Service.