Mauna Kea Resort Market Update: 2019 Sales on Track to Exceed 2018
In the first five months of 2019, Mauna Kea Realty has accounted for 10 sales within Mauna Kea Resort totaling over $21 million in volume. As a result, our listing inventory of available properties at the resort and along the Kona/Kohala Coast is very low. As we approach the Summer season, this is an opportune time for property owners to take advantage of a continuing strong market as there is a need for additional inventory in all segments of the market.
Within Mauna Kea Resort, there were 28 closed transactions in 2018. Through the first five months of 2019, there have been 17 closed transactions and an additional eight properties are currently under contract. We will continue to watch this trend as the year progresses to see if the sales of 2019 will surpass that of 2018, as well as the 33 sales that were recorded in 2017.
New on the Market at Mauna Kea
Two properties were recently re-listed by Mauna Kea Realty in May after taking a brief rest from Multiple Listing Services.
Located within the gated community of Kauna’oa, consolidated lots 7 and 8 (now lot 7) offer over 100,000 square feet of land and over 55,000 square feet of building area with panoramic ocean and sunset views. A very unique setting within an approximately 700 foot walk to the beach at Mauna Kea. Perched above hole #10 of the Mauna Kea Golf Course, allowing for breathtaking golf course views, and as one of just 26 exclusive custom home-sites, the property affords privacy yet accessibility to every amenity possible at the Mauna Kea Beach resort as well as Kauna’oa’s own private club. Kauna’oa Lot 7 is being offered for $5.6 Million. Click here to view this spectacular listing details.
Mauna Kea Realty recently re-listed the best-priced condominium unit within the Mauna Kea Resort. Kumulani I1 is now being offered at $789K and is priced for a quick sale. The approx. 1,400 square foot two bedroom two bath unit provides a large open grass area off the lanai with views to the ocean and sunset skies. A must see as this opportunity will not last long. Click here to view this listing.
Mauna Kea Realty has an off-market listing in the Villas at Mauna Kea Resort. With no other Villas currently on the market, this original 2 bedroom, 2.5 bath unit is being offered selectively at the request of the Owner. Please feel free to contact me for additional information.