Kohanaiki Resort Pending and Contingent Properties

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.

The first mention of coffee in Kona was in 1840 when it was realized the crop – though planted in other locations – was best suited to the Kona district. Coffee is a labor-intense crop as everything – from planting to picking – is done by hand. Hardworking family farmers took Kona’s rich volcanic soil and, with the help of the region’s perfect climatic conditions, have turned the crop into an internationally-recognized and coveted commodity.

Kohanaiki recorded no home sales in October.  There was one home sale during the month of September. The residence spent 19 days on the market and sold for 90.50% of the Sale/Current Price or $10.5M. The land/building price per square foot was $3,675.

There were no condo sales in October. 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.

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.

The highlight of November is the Kona Coffee Cultural Festival. One of the nation’s oldest food festivals, the coffee festival is about Kona – its history, its people, its culture and the industry which put this region in the international spotlight. There are so many fun and meaningful events happening November 1 to 10; everything from an evening lantern parade to coffee tasting and cupping to a recipe contest and a ho`olaulea. There are coffee picking and coffee farm experiences, talk stories, cultural offerings, a coffee and art stroll in historic Holualoa. And, a new Miss Kona Coffee will be crowned following a scholarship pageant featuring talented and aspiring young women. For more information about the festival, visit https://konacoffeefest.com/.

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Statistics provided courtesy of Hawai'i Information Service.