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ABOUT
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?
While we now live by the western world’s calendar, such was not always the case in Hawai`i. Mahina, the moon, was the goddess who kept time for the Hawaiian. Mahina was more important to everyday life than the sun or the stars. It was the duty of certain priests trained as astronomers to keep the annual calendar and watch the moon. A proper planting season for the farmer depended upon the time as announced by the priest/astronomer. The bird catcher, the canoe builder and many other craftsmen depended upon the astronomer’s announcement of the correct Mahina. (Taylor) The rising and the setting of the moon marked a day for the Hawaiian, only he did not call the time a day, he called it a night. The appearance of the new moon and the death of the old moon marked the month for the Hawaiian. Twelve such moons made a year for him. Traditional month names are Ka‘elo, Kaulua, Nana, Welo, Ikiiki, Ka‘aona, Hina‘ia‘ele‘ele, Mahoe Mua, Mahoe Hope, Ikua, Welehu and Makali‘i. The names of the months varied on each Island and within moku (districts) on each island, a result of the different methods the priest/astronomerd used to calculate days and months. Hawaiians divided the year into two seasons: Ka‘u, or Summer, when it was dry and hot (beginning in May when the Pleiades set at sunrise). The other part of the year was Ho‘oilo (beginning in October), when it was rainy and chilly. (Handy, Handy & Pukui). There were six months in Ka‘u and six in Ho‘oilo.
DECEMBER 2024 STATS
There have been no home sales in Mauna Kea Resort from July through December, 2024. Mauna Kea Resort recorded a single home sale in June for $7M, 93.30% of the Sale/Current price. The home was on the market for 169 days and the price per square foot land/building was $1,730.
There were no condo sales in November and December of 2024. A single condominium sale recorded at Mauna Kea Resort in October for 96.10% of the Sale/Current price, or $1.725M. The unit spent 57 days on the market and the price per square foot was $1,165.
2024 YEAR END MARKET STATS
Five home sales closed in Mauna Kea Resort in 2024 with prices ranging from $5.1M to $8.995M. The Sale/Current price averaged 94.82% or $6,589,000. The residences spent an average of 146 days on market and the average price per square foot, land/building, was $1,981.
Sales on eight condominiums in Mauna Kea Resort closed in 2024. Sales prices ranged from $1.725M to $7.1M, with an average price of $3.605M or 98.84% of the Sale/Current price. The homes were on the market for an average of 36 days and the price per square foot for the units averaged at $1,627.
REAL ESTATE TIP
The Kona Test Drive
When people come to visit the Big Island of Hawai`i it’s not uncommon for them to fall in love with Paradise after the first visit. Many times, this...
EVENTS
The PGA TOUR Champions golf tournament, the Mitsubishi Electric Championship at Hualālai, will take place from January 16–18, 2025 at Hualālai Golf Club. This tournament marks the start of the 2025 PGA TOUR Champions season. Tickets will be available for purchase at the Spectator Village admissions gate (credit card only). Tickets cost USD $30 per day, or if you plan on attending multiple days you can save money by purchasing a 3-day pass for $60. Tickets are not available for purchase online in advance and include free parking on-site at the resort and a free shuttle to the Spectator Village. If you are interested in volunteering for the event, visit https://events.r2it.com/volunteer/mitsubishi/2025/
Location
Mauna Kea
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Statistics provided courtesy of Hawai'i Information Service.