The Mauna Lani Resort Real Estate Update for Q4 is for the beautiful 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 homes to secluded condos, there is something for every discerning buyer. The Mauna Lani Resort offers its residents two Championship Golf Courses, the Mauna Lani Beach Club, and a Spa and Fitness Center.
Also, within the resort are two luxury hotels, the Auberge Resort, Mauna Lani, 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 dining choices, such as Tommy Bahamas’. 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 (Oct 2nd), there were 4 single-family homes for sale in Mauna Lani Resort and no homes in escrow, along with 11 condos for sale, and 3 in escrow. Of the homes for sale, the highest priced one is listed at $11,900,000, and is located at 68-1011 Ke Kailani Dr in the One Ocean community, while the highest priced condo on the market is listed at $3,995,000 and is Unit #F301 in Mauna Lani Terrace. At the other end of the spectrum, the lowest priced home on the market is at 68-1002 Konane Ct, located in Mauna Lani Point Estates, and is listed at $7,700,000, while on the condo side, the lowest priced unit is currently for sale at $1,235,000. It is Unit #603, in The Fairways at Mauna.
When it comes to sales in the 3rd Quarter, this time from July 1st to the end of September, there were no single-family homes sold, and only 5 condos. The highest priced of the 5 condos sold is in KaMilo at Mauna Lani, Unit #420, and it sold for $2,025,000, from a list price of $1,950,000. While the condo with the lowest sales price was The Fairways at Mauna Lani #905, which sold for $1,225,000 from a list price of $1,175,000.
Analysis: The Mauna Lani Resort Real Estate Update hows us that inventory levels remain low for single family homes, but condo inventory levels have increased slightly. Sales volumes have dropped significantly for both single-family homes and condos in Mauna Lani Resort since last quarter, but it remains to be seen if sale prices will be affected going forward.
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 a reality. If you enjoyed this Market Update, read about other location on the Kohala Coast on my Market Update Page. Mahalo
Mauna Lani Real Estate Update for Q3 2022 Highlights
- Number of homes currently for sale – 4
- Number of homes currently in escrow – 0
- Number of condos currently for sale – 11
- Number of condos currently in escrow – 3
- Highest priced home currently for sale – $11,900,000 68-1011 Ke Kailani Dr, in One Ocean
- Highest priced condo currently for sale – $3,995,000 Mauna Lani Terrace #F301
- Lowest priced home currently for sale – $7,700,000 68-1002 Konane Ct, in Mauna Lani Point Estates
- Lowest priced condo currently for sale – $1,235,000 The Fairways at Mauna Lani #603
- Number of homes sold in Q3 (July – Sept) – 0
- Number of Condos sold in Q3 (July – Sept) – 5
- Highest priced home sold in Q3 – None
- Highest priced condo sold in Q3 – $2,025,000 KaMilo at Mauna Lani Point #420
- Lowest priced home sold in Q3 – None
- Lowest priced condo sold in Q3 – $1,225,000 The Fairways at Mauna Lani #906
If you enjoyed this update, you may like Kohala Real Estate Update for August 2022.