The price for this spectacular Kohala Coast condo located within the legendary Mauna Kea Resort has plummeted from $1,200,000 down to $995,000. (-205,000)
Blue Pacific view from wrap-around lanai
MLS listing #230118, Unit H-4, offers the largest floorplan in the Kumulani community of Mauna Kea Resort at 1,541 sq ft. It has an attractive floor plan, comes fully furnished and ready for occupancy / vacation rental, and features newly painted interior rooms. Enjoy sweeping ocean and golf course views, sunsets, and whale-watching as you dine or simply relax in the quiet, secluded setting of the large wrap-around lanai.
This is the only 3 bedroom unit in the complex; the third bedroom was created with tasteful custom bookshelves and closet cabinetry, making it an ideal retreat for both a family holiday and year-round living.
Kumulani residents can furthermore take advantage of the community pool and spa area as well as the world-famous beach, golf, and tennis amenities of the Mauna Kea Beach Hotel.
Manicured grounds showcase Kumulani Building H
Posted by Jeremy Stice, R(S) on March 12th, 2010 |
Tags: Condos, For Sale, Foreclosures, Hawaii, Homes, Kahului, Kihei, Makawao, Maui, News, Pukalani, REO, Wailuku
The last 3 months have seen some serious bidding wars on properties across Maui, especially in starter homes in Kahului, Kihei, Wailuku, Makawao and Pukalani.
Maui starter home under $500K → | new Maui development projects under $600K →
As bank owned REO homes (foreclosures) come on the market, there can be immediate multiple offers. Many of these properties end up closing as much as 10% over the original asking price.
Our personal experience attests to this trend as we’ve successfully closed 4 of the 5 transactions where we represented a buyer competing against 5-20 other buyers on each respective property. Read entire post →
The latest, newest, and hottest Maui Luxury Resort on the West Side.
Honua Kai—Maui’s premiere resort living.
I just recently closed on a studio unit at the Honua Kai, Hokulani Tower, unit 523 (MLS# 341243). The first night my wife and I stayed in it, we woke up to whales breaching right from our bed.
This beautiful unit not only has amazing ocean views, but is equipped with brand new, state of the art appliances and furniture including a big flat screen at the foot of the bed.
The views are amazing! I watched three different pods of whales playing while sitting on my lanai. The whales and a fresh cup of coffee; that’s a perfect way to start the morning. Read entire post →
Honua Kai Resort is a beautiful place to stay because it is one of the newest condos on Maui, luxuriously appointed, and on a beautiful beach.
Even though this is a new complex it is not immune from our economic troubles and there are some distressed properties here with more to follow. Its only minor disadvantage is that it is over a mile walk from the main Kaanapali Beach hotel-condo resort area.
Special Values
- (MLS# 336670) Ocean views | furnished | 2 bed, 2 bath | Great location within complex – $1,729,000
- (MLS# 340246) Mountain views | 2 bed, 2 bath | Listed below developer price – $799,000
About
Honua Kai has two 10-story buildings with a total of 628 condo units, built in 2009. This is a modern luxury condominium with Read entire post →
Posted by Ron Margolis, RA, ABR on March 4th, 2010 |
Tags: Condos, For Sale, Foreclosures, Hawaii, Homes, Kapaa, Kauai, Land, Lihue, Princeville, REO, Short Sales
The latest two weeks of new listings on Kauai feature something old and something new.
View all Kauai Foreclosures →
My new listing of 10.8 acres on Kuamoo Rd. offer a superb opportunity for a developer.
Zoned R-2, 2 homes to an acre, this is an opportunity for a smaller subdivision or CPR. Let me know if you need a preliminary map or topo of this property. Read entire post →
North Kona Condominium sales are up a whopping 212%!
Even with that number of sales the median price for condos continues to fall.
The median price fell to $253,000, a 23% decline. With the number of sales rising and new inventory falling these prices shouldn’t last long.
2 Bedroom Alii Drive Big Island Condo across from the Beach
So what does a $253,000 condo in Kona look like? Read entire post →
Posted by Rustin Singleton, RS on February 25th, 2010 |
Tags: Condos, Maui
Kaanapali Alii is the most luxurious condo building on Kaanapali Beach, one of my favorite Maui beaches.
Kaanapali Alii consists of 264 luxury condos in four 11-story buildings. The one-bedroom units have about 1,500 square feet and the two-bedroom units have about 1,800 square feet. All are air conditioned, unlike some of the less expensive condos on Maui. These are upper class condos with amenities to match, so expect to pay for it.
Prices for these units also reflect the high class standards of Kaanapali Alii. They start at $990,000 and go all they way to $5,200,000. Price depends on the location size and views in the complex. Maintenance fees for 1 bedrooms start around $1,448 and the 2 bedrooms start around $,1677. This is a leasehhold complex see (http://www.hawaiilife.com/articles/2010/02/maui-condos-le…-vs-fee-simple). The fee is available to purchase for 450k. Read entire post →
Posted by Rustin Singleton, RS on February 22nd, 2010 |
Tags: Condos, Maui
Leasehold Maui Condominiums
There is a common misconception regarding leasehold condos. I would like to try and clear it up.
Leasehold Definition: Land which is owned by the government or a landowner and then leased to a tenant for a fixed period of time. And if the condo complex is built on this land it becomes a leasehold condo.
Many people shy away from these because of the fear of the added costs involved with the lease. While there is an added cost with the lease payment, there is generally a lower condo cost because of this. We must weigh all the factors to see if there is real value here. Read entire post →
Golf course pond by Elima Lani
At first look, 2009 condo sales look similar to 2008 sales as both years posted 18 sales for existing condos. But, a closer look at the numbers shows some very shocking news.
The most amazing sales news for Waikoloa condo sales is…the complete lack of sales! From 11/18/2008 to 3/27/2009 there was not one single condo sale in Waikoloa Village, a town known as one of the Big Island’s biggest condo towns. At this time the economy was tanking, real estate prices were falling and no one knew when the the recovery was going to happen. And so, no one was buying condos. This time of year, in years past, had been one of the peaks of the buying seasons centered around the winter tourist season. Read entire post →
Posted by Fonz Nartatez, RA on February 16th, 2010 |
Tags: Condos, Kauai
New price reduction on a 2 bedroom, and, 2 bathroom. Now listed at $164,900.
A 3rd floor ocean front unit located in the heart of Kapaa Town. Enjoy the the daily tropical breezes, and, take in the fabulous ocean views that this unit provides.
An active successful vaction rental. Seller is motivated.
More details on Kapaa Shores #308.
