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?
May Day is Lei Day in Hawai`i! May Day celebrations in Hawai`i got their start in 1928 when a writer from Oklahoma joined forces with another Hawaii newspaper writer and came up with the idea of honoring the tradition of the lei. On May 1, 1928, the first Lei Day was held on Oahu in the lobby of Bank of Hawai`i and featured a lei competition featuring the flowers and colors of the islands as designated in 1923 by Hawaiʻi’s Territorial Legislature. Ever since this inaugural lei competition in 1928, Hawai`i continues to celebrate May Day with lei competitions, May Day courts, mele, and hula. Keep an ear out for May Day programs around the island. Several of the shopping centers in Kona and on the Kohala Coast are holding special events. The Waikoloa Beach Resort held a lei-making event with the goal being to create a 5-mile-long lei.
APRIL 2023 STATS
No single-family homes were sold in April, 2023. Two home sales were recorded in Kohanaiki during the month of March after spending an average of 54 days on the market. The Sale/Current Price averaged at 99.2% with one of the homes selling at $5.4M and the other at $6.25M. Price per square foot averaged at $2,348.
One condominium sold in Kohanaiki in April after 281 days on the market. The $5.5M sale represented 97.3% of the Sale/Current Price. The price per square foot was $1,902.
WEATHER
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
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KOHANAIKI EVENTS
Just in time for Mother’s Day, the Kona Orchid Society Spring Show & Sale is 9 a.m.-2 p.m. Saturday, May 13, at the Makaeo County Pavilion at the Old Kona Airport State Recreation Area in Kailua-Kona. Admission is $2 cash and includes a host of educational offerings. Featured are 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 cacti, 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. Four food vendors will be on site offering local favorites and free boxes will be available while supplies last to carry purchases. Attendees are invited to talk stories with growers and on-site master gardeners for tried-and-true growing tips. Molly Murphy of Plant Pono presents an informative display covering invasive plant species and will guide attendees on the right (“pono”) planting choice for their landscape. Other educational offerings include:10 a.m. - Melody Euaparadorn of the University of Hawaii’s Hawaii Ant Lab will discuss fighting little red fire ants; 11 a.m. - Orchidist Keith Kaufman demonstrates basic plant culture and repotting orchids; Noon - Phoenicia Zeller delves into landscaping with orchids and answers questions.
Location
Kohanaiki Resort
Video Tips
Kohanaiki Resort Real Estate
- Display Address: 73-4720 Aukai Place Kailua-Kona 96740
- Price: $20,000,000
- Display Address: 73-4833 MAIA LP KAILUA-KONA 96740
- Price: $7,000,000
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- Sold: $14,000,000
- Sold Date: 2023-05-08T10:00:00Z
- Sold: $5,400,000
- Sold Date: 2023-05-02T10:00:00Z
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Statistics provided courtesy of Hawai'i Information Service.