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?
This year, the Chinese New Year falls on Saturday, February 10, and heralds the start of the year of the Dragon. Specifically, it is the year of the Wood Dragon, which is said to bring growth, success, prosperity, happiness, and abundance for everyone. If you’d like to celebrate the Year of the Dragon, plan to be at the Coronation Pavilion at Queens’ Marketplace in Waikoloa Beach Resort on Saturday, February 17. The Lunar New Year is welcomed with nonstop entertainment and a spectacular Lion Dance. In this centuries-old tradition, essential to New Year’s festivities in Hawai‘i, the colorful Chinese Lion Dancers perform acrobatic feats and leaps, interacting with the audience and parading through Queens’ Marketplace from door to door.
January 2024 STATS
One home sale recorded in Mauna Kea Resort in the month of January after 53 days on the market. The home price was $6.75M or 96.40% of the Sale/Current price. Cost per square foot, land/building, was $2,181.
The last condominium sale in Mauna Kea occurred in September. The unit spent zero days on the market and brought in 96.10% of the Sale/Current Price, or $1.130M. The price per square foot for the condominium was $762.
2023 YEAR END MARKET STATS
Just two home sales closed in Mauna Kea Resort in 2023. The Sale/Current price averaged 98.70% or $5,897,500. The residences spent an average of 140 days on market and the average price per square foot, land/building, was $2,005.
Sales on 6 condominiums in Mauna Kea Resort closed in 2023. Their sales prices ranged from $1.13M to $5,638,050 or an average of 9814% of the Sale/Current price. The homes were on the market for an average of 5 days and the price per square foot for the units averaged at $1,394.
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MAUNA KEA EVENTS
Although the cool Winter weather continues, Spring is right around the corner and the Waimea Cherry Blossom Heritage Festival, celebrating the blossoming of the community’s cherry trees. The festival on Saturday, February 4, from 9 a.m. to 3 p.m. will be held along Church Row and at the Parker Ranch Center. Participants can spend the day experiencing Japanese and multi-cultural performing arts, hands-on demonstrations of bonsai, traditional tea ceremonies, food preparation demos by local chefs, and craft vendors. For more information, visit https://records.hawaiicounty.gov/weblink/DocView.aspx?dbid=1&id=127543&cr=1
Mauna Kea Real Estate
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Statistics provided courtesy of Hawai'i Information Service.