Set within the iconic 1,839 acre Mauna Kea Resort on the Kohala Coast, the Mauna Kea Residences offer a range of luxury two- to seven-bedroom residences. Owners can join the Club at Mauna Kea which allows access to the resort’s two white sand beaches as well as the many resort and hotel amenities including the swimming pools, fitness centers, Seaside Tennis Club, two championship golf courses, spa and dining. The resort offers a range of real estate options, including homes, townhomes, condominiums and vacant land, with the lowest density of any other resort on the Kohala Coast.
DID YOU KNOW?
Moananuiākea – A Voyage for Earth - a four-year, 43,000 nautical mile journey envisioned and organized by the Polynesian Voyaging Society (PVS) is currently underway. It is a circumnavigation of the Pacific by traditional Polynesian voyaging canoes Hōkūle`a and Hikianalia. The canoes and their 400 crew will visit 36 countries and archipelagoes, nearly 100 indigenous territories, and 345 ports. The purpose of this voyage is to ignite a movement of “planetary navigators” who will pursue and ensure a better future for the earth. PVS and Pacific voyaging leadership are identifying important cultural, educational, and environmental sites to visit during the Voyage. Each leg will have a specific purpose and lead to the ultimate goal of connecting Pacific communities for collective action around common challenges and a shared sustainable destiny. For more about this voyage, https://hokulea.com/moananuiakea/
August 2023 STATS
There have been no single-family home sales since November 2022. In November, one home sale was recorded in Mauna Kea Resort at $4.35M, 100% of Sale to Current Price. The home spent zero days on the market and price per square foot was $1,510.
There was a single condominium sale in Mauna Kea Resort during August. The unit spent just 4 days on the market and brought in 100% of the Sale/Current Price - $2,550,000. Price per square foot for the condominium was $1,208.
2022 YEAR END MARKET STATS
Eight homes sold in Mauna Kea Resort in 2022 ranging in sales price from $3.095M to $15.050M. This is an average sales price of $6,781,284 or 96.7% of Sale/Current Price. The residences spent an average of 112 days on market and the average price per square foot was $1,511.
Sales on 16 condominiums in Mauna Kea Resort closed in 2022. Their sales prices ranged from $1.39M to $6M, averaging out at a sales price of $3,198,206 or 99.3% of Sale/Current Price. The units were on the market an average of 16 days and the price per square foot for the units was $1,387.
REAL ESTATE TIP
MAUNA KEA EVENTS
Doesnʻt seem possible that Labor Day is right around the corner and with it the 50th Queen Lili`uokalani Long Distance Canoe Race in Kona August 31 to September 4. Paddlers from around the world will be here for four days of races, a torchlight parade and awards luau. The Queenʻs Race, a signature 18-mile long-distance race, is set for Saturday, September 2. For more information, www.qlcanoerace.com.
Mauna Kea Real Estate
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