Kohanaiki Recently Sold 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.

King David Kalākaua was a passionate patron of the arts, especially music and dance, earning him the beloved nickname "The Merrie Monarch." As the last king of the Hawaiian monarchy, he championed a revival of Hawaiian culture, advocating for a renewed sense of pride in language, traditions, and heritage. His deep appreciation for storytelling led him to author Legends and Myths of Hawaiʻi, preserving the cherished moʻolelo (stories) passed down by the kūpuna (elders) of his time. Beyond his cultural contributions, Kalākaua was a visionary leader who sought knowledge from around the world to advance Hawaiʻi and empower its people. His historic journey across the globe—unprecedented for a Hawaiian monarch—reflected his forward-thinking approach, blending innovation with tradition. His reign is widely recognized as the first Hawaiian Renaissance, laying the foundation for the vibrant resurgence of Hawaiian identity that continues today.

There were four home sales in Kohanaiki during March with prices averaging $6,712,500 or 99.31% of the Sale/Current Price. The homes averaged 56 days on the market with an average of $2,241 per square foot for land/building.

Kohanaiki recorded two condo sales during the month of March. Prices on the units were $3.8M and $4.5M; The units averaged 88.20% of the Sale/Current Price. The condos averaged 156 days on the market and the price per square foot averaged $2,023.

Sales on 11 Kohanaiki homes closed in 2024, with prices ranging from $4.95M to $14.5M. The homes averaged a 100.18% Sale/Current Price or $9,071,543.73 and were on the market for an average of 9 days. The price per square foot, land/building, averaged out at $3,069.

Nineteen residences classified as condominiums closed at Kohanaiki in 2024. Sale prices ranged from $4.2M to $6.4M with the Sale/Current price averaging 98.49% or $4,904,473.69. The homes spent an average of 13 days on the market with a price per square foot of $1,898.

The 62nd Annual Merrie Monarch Hula Festival – dedicated to the memory of King David Kalakaua, a patron of the arts, especially music and dance - will be held in Hilo from April 20 to 26. Three days of hula competition are the highlight of this week-long celebration of hula and the Hawaiian culture. Craft fairs, demonstrations, free hula performances, and a parade are all part of the festivities. Tickets to the competition are limited and went on sale Dec. 1, 2024. To find out whether any tickets are currently available call the Merrie Monarch Festival office - 808-935-9168. A schedule of events can be found at MerrieMonarch.com. The festival will be televised, which is a great way to watch the majesty of the hula from your home.

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Statistics provided courtesy of Hawai'i Information Service.