The Mauna Kea Resort Real Estate Update for Q2 2023 is for the beautiful 1,839-acre resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort contains two world class hotels, the Mauna Kea Beach Hotel, and the Westin Hapuna Beach Resort. These hotels are located along some of the most pristine white sand beaches in all of Hawaii.
The luxurious homes located in Mauna Kea Resort are second to none, with everything from private oceanfront estates to condos with sweeping ocean views. The Mauna Kea Resort also offers its resident’s access to two Championship Golf Courses, the Seaside Tennis Club, a Fitness Center, and the Mauna Kea Spa. Some of the many restaurants include Number 3, the Hua Tree Lanai, the Copper Bar, Clambake, and the Manta & Pavilion Wine Bar.
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At the time of this writing (Aug. 1st), there were 5 single-family homes for sale and 2 homes in escrow within the Mauna Kea Resort, with 2 condos for sale and 10 units in escrow. Of the homes for sale, the highest priced one is listed at $22,900,000, and is located at 62-4422 Amaui Nani Pl, in Hapuna Estates, while the highest priced condo listed is Unit #4 in Amuai Villas at Mauna Kea and is listed at $4,800,000.
The lowest priced single-family home on the market in Mauna Kea Resort is located at 62-3456 Hoolani Pl in Fairways North and is listed at $5,349,000. While the lowest priced condo for sale is listed at $4,400,000 and is Unit #8 in Amaui Villas at Mauna Kea.
Sales volume has remained extremely low in the Mauna Kea Resort, with no single-family homes and just 2 condos being sold in the 2nd quarter of 2023. The highest priced single-family home in escrow is located at 62-3918 Lanikeha Pl, in the Fairways North community and was listed at $7,995,000. The lowest priced home in escrow in Q2 was listed for $3,900,000 and is Unit #350 at Waiulaula at Mauna Kea.
In the condo market, the highest priced condo to sell went for $4,300,000 from a list price of the same amount and is Unit #13 at Amaui Villas at Mauna Kea, while the lowest priced condo sold for $1,722,000 from a list price of $1,795,000 and is in Kumulani at the Uplands at Mauna Kea, Unit #F3.
Analysis: The Mauna Kea Resort Real Estate Update for Q2 2023 shows us that the low sales volume of single-family homes continues, while condo sales seemed poised to increase, based on the number of units in escrow. Mauna Kea Resort has historically been a low inventory, low volume market and it continues to be so.
If you are looking to buy or sell a home in the Mauna Kea Resort, or anywhere on the Kohala Coast, contact me today. I will help make your Hawaiian Real Estate dreams come true. Mahalo
Mauna Kea Real Estate Update for Q2 2023 Highlights
- Number of single-family homes currently for sale – 5
- Number of single-family homes currently in escrow – 2
- Number of condos currently for sale – 2
- Number of condos currently in escrow – 10
- Highest priced home currently for sale – $22,900,000 62-4422 Amaui Nani Pl, Hapuna Estates
- Highest priced condo currently for sale- $4,800,000 Amaui Villas at Mauna Kea #4
- Lowest priced home currently for sale – $5,349,000 62-3456 Hoolani Pl, Fairways North
- Lowest priced condo currently for sale – $4,400,000 Amaui Villas at Mauna Kea #8
- Number of homes sold in Q2 (Apr – Jun) – 0
- Number of condos sold in Q2 (Apr – Jun) – 2
- Highest priced home in escrow in Q2 – $7,995,000 62-3918 Lanikeha Pl, Fairways North
- Highest priced condo sold in Q2 – $4,300,000 Amaui Villas at Mauna Kea #13
- Lowest priced home in escrow in Q2 – $3,900,000 Waiulaula at Mauna Kea #350
- Lowest priced condo sold in Q2 – $1,722,000 Kumulani at the The Uplands #F3
If you enjoyed this update, you might like Mauna Lani Resort Real Estate Update for June 2023.