Kūki‘o Golf and Beach Club is a private, residential equity club on the Kona-Kohala coast. Club membership is exclusive to residents and includes a full service clubhouse, spa and fitness facility, dining, 10-hole Tom Fazio-designed Short Course, and ocean sports program. There is also an 18-hole Tom Fazio-designed Championship Golf Course up mauka (mountain). Situated on 675 acres, the community includes 143 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
There were no single-family homes sold in April, 2023. Two parcels of land sold in Kūki`o during the month of March. The parcels were on the market for an average of 23 days and sold at $2.925M and $3M, an average of 90.5$ of the Sale/Current Price. Price per land square foot averaged at $41. No single-family homes were sold.
No condos were sold in March or April, 2023. Kūki`o posted one condo sale in February. The unit spent zero days on the market and sold for $5.9M or 84.9% of Sale to Current Price. The price per square foot was $3,284.
2022 YEAR END MARKET STATS
Sales on six homes closed in Kūki`o during 2022. Sale prices ranged from $8.4M to $25M, with an average of $15.025M or 94.6% of the Sale/Current Price. The residences spent an average of 50 days on the market and the average price per square foot was $2,925.
REAL ESTATE TIP
Don’t Buy in Hawaii for Cash Flow
Most savvy investors realize there are only two plays when it comes to investing in real estate - cash flow and/or long-term appreciation. Ideally,...
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.
Kūki‘o Resort Real Estate
- Display Address: 72-222 KOLOMUO PL KAILUA-KONA 96740
- Price: $28,500,000
- Display Address: 72-1180 KEKAHAWAIOLE DR Kailua Kona 96740
- Price: $4,050,000
- Display Address: 72-6011 KUILI PLACE KAILUA-KONA 96740
- Price: $16,950,000
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Statistics provided courtesy of Hawai'i Information Service.