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?
Hawai`i is a multi-cultural melting pot and one of the celebrated events is Chinese New Year. In 2023 Chinese New Year will fall on Sunday, January 22, and celebrates the Year of the Rabbit. The rabbit is one symbol of the Chinese zodiac, a repeating 12-year cycle of animal signs and their ascribed attributes, based on a lunar calendar. The animals representing each of the years are the Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog, and Pig. In Hawai`i, Chinese New Year is often celebrated with street parties or celebrations at public places like shopping centers, always featuring a Chinese Lion Dance, to bring luck and prosperity to merchants. Watch for announcements in your community!
DECEMBER 2022 STATS
No single-family home sales during the month of December. In November, one home sale recorded in Mauna Kea Resort in the month of November 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.
One condominium sold in Mauna Kea Resort in the month of December for $2.375M - 93.2% of the Sale to Current Price. The unit spent 83 days on the market with a price per square foot of $1,207.
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
Waimea Cherry Blossom Heritage Festival in Waimea town is scheduled for Saturday, Feb. 4, 2023. Each February the community of Waimea showcases its cherry trees, planted along historic Church Row, and the Japanese tradition of cherry blossom viewing – Hanami. Traditionally held the first Saturday of February, this free festival includes an all-day lineup of Japanese and multi-cultural performing arts, plus hands-on demonstrations of bonsai, origami, traditional tea ceremony, mochi pounding, and a host of craft fairs. For more information visit the eventʻs Facebook page - Waimea Cherry Blossom Heritage Festival.
Mauna Kea Real Estate
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