Six months ago, there were three times as many condos on the market in Mauna Lani.Â This winter, which is typically our busiest â€œseasonâ€ for sales, the inventory has diminished so that we are once again seeing multiple offers!Â This has been unheard of over the last 4 years.Â Simple concept of supply and demand will undoubtedly edge prices upward soon!
Fairways at Mauna Lani condo #704 is a 2 bedroom, 2 Â½ bathroom condo for sale listed at $529,900 fully furnished (MLS# 240814). This home sits directly on the golf course with killer sunset views and is at the back of the development for added privacy.Â It shows very well with designer furnishings and custom paint, and will undoubtedly be the next town home to sell!
Fairways at Mauna Lani
Kulalani just put the last two remaining developer condos under contract and they both already have back up offers in case the accepted contract/buyer fails to perform.Â It will automatically go to the next buyer already in line (i.e. no longer available).
Word from the developerâ€™s staff is that Stanford Carr intends to begin the second half of their project in fall of 2011.Â The intent is to continue to sell at the same prices as recent sales.
Ka Milo has released pre-sales of their under construction inventory, but at $200,000+ price increases over the last recorded sales, these will be slower to move.Â There are 4 units underway in various stages of construction at this time.
A newly released golf villa condo for sale just hit the market. Showing appointments are being scheduled in advance of its 3/15 debut once the vacation tenants depart. Priced at $579,000, this large end unit two story town home (MLS# 243178) is light, bright, beautiful, and fully furnished!
As with all Mauna Lani properties, the Advantage Membership Program is available upon application offering discounts and ownerâ€™s privileges throughout the resort in addition to membership of the Beach Club at Mauna Lani at no additional cost!
Living and loving the resort life!