ABOUT
Set on the Kohala coast at the base of five mountains, this exclusive 3,200-acre resort provides a tranquil oasis with ocean views and surrounded by native fauna. The resort features two 18-hole top-rated golf courses, the CanoeHouse, SurfShack, and full range of sport and cultural activities. The Mauna Lani resort offers one of the largest selections of private oceanfront and mountain facing residences along with golf course condominiums. KaMilo, the newest Mauna Lani Resort development, is modeled after the laid-back atmosphere of an old Hawaiian village and includes single-family and paired resort homes. The Nohea at Mauna Lani also offers private custom homes and sites and rare, easy access to the award-winning amenities of the Mauna Lani Resort.
DID YOU KNOW?
May Day is Lei Day in Hawai`i! May Day celebrations in Hawai`i got their start in 1928 when a writer from Oklahoma joined forces with another Hawaii newspaper writer and came up with the idea of honoring the tradition of the lei. On May 1, 1928, the first Lei Day was held on Oahu in the lobby of Bank of Hawai`i and featured a lei competition featuring the flowers and colors of the islands as designated in 1923 by Hawaiʻi’s Territorial Legislature. Ever since this inaugural lei competition in 1928, Hawai`i continues to celebrate May Day with lei competitions, May Day courts, mele, and hula. Keep an ear out for May Day programs around the island. Several of the shopping centers in Kona and on the Kohala Coast are holding special events. The Waikoloa Beach Resort held a lei-making event with the goal of creating a 5-mile-long lei.
APRIL 2023 STATS
There were no single-family homes sold in March or April, 2023. The lone single-family home sale in a Kohala Coast resort was recorded in February at Mauna Lani Resort after 137 days on the market. The home sold for $8.2M, 91.6% of the Sale to Current Price. The price per square foot was $2,194.
Condomium sales continued strong at Mauna Lani Resort during April, with seven closings. Sale prices ranged from $1.245M to $3.3M, averaging 96.9% of Sale/Current Price. The units were on the market for an average of 50 days and the price per square foot averaged at $986.
WEATHER
2022 YEAR END MARKET STATS
Five homes sold in Mauna Lani Resort during 2022. Sales prices ranged from $4.250M to $10.9M, averaging at $7,508,900 or 95.1% of the Sale/Current Price. The homes were on the market an average of 101 days and the average price per square foot was $1,624.
Mauna Lani Resort neighborhoods were popular in 2022 with 53 condominium sales. Sales prices ranged from $1.030M to $5.5M, averaging out at $1,766,084 or 98.9 of the Sale/Current Price. The units spent an average of 25 days on the market and price per square foot averaged at $955.
REAL ESTATE TIP
Don’t Buy in Hawaii for Cash Flow
Most savvy investors realize there are only two plays when it comes to investing in real estate - cash flow and/or long-term appreciation. Ideally,...
MAUNA LANI EVENTS
After a three-year pandemic pause, Honoka‘a Western Week is riding into town May 19-29 to celebrate the community’s paniolo heritage. There will be a roundup of friendly competitions, ‘ono food, music, dancing, storytelling, keiki games, and Hāmākua’s special breed of cowboy culture. Grand Marshalls for this yearʻs parade on Saturday, May 20, are long-time Hāmākua and paniolo people, Waltham and Bernadette Johansen. The parade segues into a Block Party which includes a Saloon Girls and Cowboys Got Talent Contest, along with food trucks, vendor booths, and boot-stompin’ music by the Saddle Road Band. The ever-popular and lip-licking Portuguese Bean Soup Contest returns on Tuesday, May 23, at Ahualoa Family Farms Mac Nut Factory. New this year, is the Smoke Meat Contest. Honoka`a Western Week will also hold a Silent Auction as a virtual online event, from May 19-29. Over the last three years, funds raised by the Silent Auction have helped connect the island community of today with its agricultural and paniolo roots, and support scholarships for local youth. The bidding site will open Friday, May 19 at 7 p.m. and close on May 29 at 7 p.m. Except for a nominal charge for rodeo admission, events are free, and everyone is encouraged to join in the fun. Collectible HWW buttons will be available to purchase for $5 as a show of support, as well as “insurance.” Although buttons are not required for admission, attendees receive fair warning that those without buttons at the Block Party risk being thrown into the hoosegow by roving sheriffs. (All in good fun). For more information, honokaawesternweek.org.
Location
Mauna Lani
Video Tips
Mauna Lani Real Estate
- Display Address: 68-1002 KONANE CT KAMUELA 96743
- Price: $7,700,000
- Display Address: 68-133 PUKAUA PL KAMUELA 96743
- Price: $5,950,000
- Display Address: 68-1308 AKEA PL KAMUELA 96743
- Price: $4,900,000
- Display Address: 68-1336 AKEA PL KAMUELA 96743
- Price: $4,900,000
- Sold: $1,575,000
- Sold Date: 2023-05-26T10:00:00Z
- Sold: $2,200,000
- Sold Date: 2023-05-17T10:00:00Z
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Statistics provided courtesy of Hawai'i Information Service.