The Mauna Lani Resort Real Estate Update is for the magnificent resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort covers over 3,200 acres and contains 15 separate neighborhoods. From private oceanfront estates to secluded luxury condos, there is a type of home for every discerning buyer. 
The Mauna Lani Resort offers its residents two Championship Golf Courses, the exclusive Mauna Lani Beach Club, and a Spa and Fitness Center.
Also within the Mauna Lani Resort are two luxury hotels, the Auberge Resorts, and the Fairmont Orchid Hotel. Both hotels offer a wide variety of activities and dining options. The Shops at Mauna Lani also provide plenty of restaurant choices, such as Tommy Bahamas’ and Under the Bodhi Tree. This open-air mall also consists of a selection of shops that include a mixture of famous brand names and local craftsmanship, and of course, the world-class, white sand beaches are always close by.
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At the time of this writing (July 1st), there were 6 single-family homes for sale and 3 in escrow within the Mauna Lani Resort, with 6 condos for sale and 11 in escrow. Of the single-family homes for sale, 
the highest priced one is listed at $21,000,000 and is located at 68-1058 Honokaope Way, in the 49 Black Sand community. The lowest priced home is located at 68-133 Pukaua Pl in Champion Ridge and is listed at $5,750,000.
On the condo side, the highest priced condo currently on the market is listed at $3,995,000 and is Unit F301 in Mauna Lani Terrace. The lowest priced condo currently listed is Unit #1904 in Kulalani at Mauna Lani and is priced at $1,595,000.
Despite the rise in inventory levels, sales of single-family homes have continued to remain low. In the Q2 time frame from April through June 2023, 
there was just 1 single-family home sold in the Mauna Lani Resort, while 20 condos were sold. The only home to sell is at 68-1326 Akea Pl in Nohea at Mauna Lani and it sold for $4,267,130, from a list price of $4,900,000. This home is still under construction.
The highest priced of the 20 condos sold was Mauna Lani Terrace #D101 and it sold for $3,350,000 from a list price of $3,500,000, while the condo with the lowest sales price went for $1,030,000 from a list price of the same amount and is Unit #D22 in Palm Villas at Mauna Lani.
Analysis: The Mauna Lani Resort Real Estate Update for Q2 shows us that the sales volume of condos has continued to increase while single-family home sales have remained very slow over the past year. With prices stabilizing and 3 homes now in escrow, it could mean an increase in single-family homes sales is on the way.
If you are looking to buy or sell a home in the Mauna Lani Resort, or anywhere on the Kohala Coast, contact me today. I will help make your Hawaiian Real Estate dreams come true. If you enjoyed this Market Update, you can find updates on other locations at my Market Update Page. Mahalo.
Mauna Lani Resort Real Estate Update for Q2 2023 Highlights
- Number of single-family homes currently for sale – 6
- Number of single-family homes currently in escrow- 3
- Number of condos currently for sale – 6
- Number of condos currently in escrow – 11
- Highest priced home currently for sale – $21,000,000 68-1058 Honokaope Wy, 49 Black Sand
- Highest priced condo currently for sale – $3,995,000 Mauna Lani Terrace #F301
- Lowest priced home currently for sale – $5,750,000 68-133 Pukaua Pl, Champion Ridge
- Lowest priced condo currently for sale – $1,595,000 Kulalani at Mauna Lani #1904
- Number of single-family homes sold in Q2 (Apr – Jun) – 1
- Number of Condos sold in Q2 (Jan – Mar) – 20
- Highest priced single-family home sold in Q2 – $4,267,150 68-1326 Alea Pl., Nohea
- Highest priced condo sold in Q2 – $3,350,000 – Mauna Lani Terrace #D101
- Lowest priced condo sold in Q2 – $1,030,000 – Palm Villas at Mauna Lani #D22
If you enjoyed this update, you may like Kohala Real Estate Market Update for May 2023.