Mauna Lani Pending / Contingent Properties
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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?
The first mention of coffee in Kona was in 1840 when it was realized the crop – though planted in other locations – was best suited to the Kona district. Coffee is a labor-intense crop as everything – from planting to picking – is done by hand. Hardworking family farmers took Kona’s rich volcanic soil and, with the help of the region’s perfect climatic conditions, have turned the crop into an internationally-recognized and coveted commodity.
OCTOBER 2024 STATS
There were no home sales in October. One home sale was recorded in Mauna Lani Resort in August. The home sold for 100.20% of the Sale/Current price or $4,612,500 after 41 days on the market. The land/building cost per square foot was $1,965.
Three condominium sales closed in Mauna Lani Resort in October. The units ranged in price from $1.31M to $3.695M, averaging at 95.27% of the Sale/Current price. The units averaged 59 days on the market at a cost per square foot of $984.
2023 YEAR END MARKET STATS
Seven home sales recorded in Mauna Lani Resort during 2023, with prices ranging from $3.1M to $11.305M, averaging $6,367,700 or 93.65% of the Sale/Current Price. The homes were on the market an average of 62 days and the average price per square foot, land/building, was $2,032.
Mauna Lani Resort neighborhoods were popular with buyers in 2023 and led the way in condominium sales with 61 closings. Sales prices ranged from $980,000 to $3.35M, averaging out at $1,883,344.27 or 97.90% of the Sale/Current Price. The units spent an average of 42 days on the market and price per square foot averaged at $1,020.
REAL ESTATE TIP
A Run on Real Estate
I believe, and have been telling all my buyers, that we are poised to have another run-on real estate right after the November election. Will it be...
EVENTS
The highlight of November is the Kona Coffee Cultural Festival. One of the nation’s oldest food festivals, the coffee festival is about Kona – its history, its people, its culture and the industry which put this region in the international spotlight. There are so many fun and meaningful events happening November 1 to 10; everything from an evening lantern parade to coffee tasting and cupping to a recipe contest and a ho`olaulea. There are coffee picking and coffee farm experiences, talk stories, cultural offerings, a coffee and art stroll in historic Holualoa. And, a new Miss Kona Coffee will be crowned following a scholarship pageant featuring talented and aspiring young women. For more information about the festival, visit https://konacoffeefest.com/.
Location
Mauna Lani
Video Tips
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