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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?
The "Law of the Splintered Paddle" (Kānāwai Māmalahoe) is the first written law of the Kingdom of Hawai`i and was established by King Kamehameha I. It protects the vulnerable, stating that elderly people, women, and children should be free to travel and rest by the roadside without fear of harm. The law came about when Kamehameha, as a young chief, led an attack on a fishing village. While chasing the fishermen, he was injured and nearly killed when his foot became caught in a lava crevice, and a fisherman struck him with a paddle, which splintered. The incident served as a harsh lesson for Kamehameha about the importance of respecting the rights of commoners and the potential for violence against the innocent. It's a symbol of servant leadership, emphasizing caring for one's people, upholding principles, and taking responsibility for those one serves with love and respect.
MAY 2025 STATS
There were no sales in May. Two home sales were recorded in Mauna Kea Resort in the month of April. The units averaged 38 days on the market and brought an average of 101.40% of the Sale/Current price or an average price of $6,797,500. The average price per square foot for land/building was $2,055.
A single condo sale was recorded in Mauna Kea Resort in May, closing at 100% of Sale/Current price or $8M. The average price per square foot was $2,981.
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.
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It’s All About The Secret Sauce!
A question came from a consumer who asked, “how we are selling so many properties, so quickly, and for top dollar?” My answer was, “it’s all in the...
EVENTS
Parades and celebrations throughout the state are happening around June 11 to commemorate King Kamehameha the Great. On June 7, Historic Kailua Village hosts the King Kamehameha Day Celebration Parade, which features more than 100 riders on horseback, the annual parade, and a ho'olaule'a (music and art festival) at Hulihe`e Palace. Kamehameha Day is a state and county holiday established in 1871 to honor Kamehameha the Great, who united the Hawaiian Islands in 1810 and became Hawai`i's first king. He died in 1819. This year's parade begins at 9 a.m. on Kuakini Highway, near the Palani Road intersection, and travels down Palani to Kailua pier, then southbound down Alii Drive through the village to Royal Kona Resort. For more details on the parade, visit konaparade.org. On June 11, the community of North Kohala will hold its King Kamehameha Celebration. Birthplace of Kamehameha, the original statue of King Kamehameha I stands in Kapa`au. A ceremonial lei draping of the statue at 7 a.m. starts the celebration, followed by a parade at 9 a.m. and a ho`o`laulea at Kamehameha Park in Kapa`au featuring live Hawaiian music and food.
Location
Mauna Kea
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Statistics provided courtesy of Hawai'i Information Service.