Hawaii’s Iconic Mauna Kea Resort Remains As Unique As When Laurance Rockefeller Developed It In 1965
"Many properties are not on the market and trading as pocket listings. The Mauna Kea Resort buyer demographic has recently trended younger, with buyers hailing from the West Coast, including California and Washington. They currently are selling when available for between $5, 000, 000 to $8, 000, 000. "Our market is a snapshot of what's going on in highly desirable resort areas around the country, " Hurwitz explains. They were originally built with most as 2, 700 square foot two-bedroom villas. The luxury residential real estate at Mauna Kea Resort remains as iconic as Rockefeller's grand vision of decades ago. Silicon Valley | SF Peninsula. This includes Fairways at Mauna Kea South, Fairways at Mauna Kea North, The Villas at Mauna Kea, Kauna'oa at Mauna Kea, Bluffs, High Bluffs, Hapuna Beach Residences, Kumulani at the Uplands, Moani Heights, Apa'apa'a Heights and Wai'ula'ula. MAILING LIST REMOVAL. The children and even grandchildren of the original owners who now own the properties do not want to sell. According to Beall, "the Big Island has been the most active in ultra-luxury sales. "
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After entering the front gates for Mauna Kea Beach Hotel are the Fairways at Mauna Kea South, Fairways at Mauna Kea North, and The Villas. Charleston | Lowcountry. Mauna Kea's highest-priced sale in 20 years was at Kauna'oa, a five-bedroom six-bath 6, 700 square foot home on two-plus acres, which sold in February for $18. Check out my website. It set the tone for what today remains one of the world's top resorts.
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That's why we do sell a lot of property that has that connection, " Chancer explains. "I have been involved with the resort and a club member since the seventies. Portland | Central Oregon. Members have access to social events, amenities at both hotels, golf courses, beaches, and spas. Strong relationships develop and continue for years among Members and their families at the private Club at Mauna Kea Resort. Hawaii's iconic Mauna Kea Resort on the Big Island's Kohala Coast is unique. "The Mauna Kea market was always considered a second-home market.
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"The history combined with the sense of place that is now so well-formed creates that generational interest. They want to use it with their children and make their own memories on the beach for years to come, " observes Steve Hurwitz, broker-in-charge at Mauna Kea Realty – A Hawai'i Life Company. Before COVID prices were in the $3, 000, 000 to $4, 000, 000 range. Jim Allison, a salesperson with Mauna Kea Realty for years, concurs with Hurwitz. It is gated with large lots and expansive contemporary homes many with ocean/coastline views. That multi-generational devotion to Mauna Kea Resort may account for some of the current market fundamentals. He points to average selling times dropping from 6 months to 30 days for desirable properties. "Inventory is depleted here as people who could work from anywhere and wanted out of the rat race chose to move here during COVID. "Mauna Kea is truly a family legacy for many. 12 overall in the Top 100 Golf Magazine complete this perfect picture of the good life. San Francisco's East Bay. This was the forerunner to the current ownership trend of luxury branded residences attached to luxury resort and hotel properties. The latest Mauna Kea Resort Sales report shows an 83% year-over-year sales increase for Q1 - Q3 2021. Out of Area Luxury Homes.
They do understand the value of Mauna Kea Resort. " These are Mauna Kea's oldest communities. Rockefeller curated an extensive collection of Asian and Oceanic artwork throughout the resort that further set it apart. Austin | Hill Country. San Antonio | Hill Country. Matt Beall, chief executive and principal broker for Hawai'i Life, expands on Mauna Kea Resort's legacy. Over the years, several units have been converted into three- and four-bedroom homes. SF | Marin | Wine Country. It has always been very much a multi-generational place. Fairways South was the first residential community developed with Rockefeller's input.
Two championship 18-hole golf courses ranked No. We have two good private schools, and it's a place people really want to be. " "We have high demand with low inventory resulting in price escalations and multiple offers, " Hurwitz adds. As a result, The Villas do not often come on the market. Fairways North was the second single-family residential community to be developed. Hawai'i | Pacific Luxury Living×. "This was the first luxury resort to develop a residential ownership piece as part of the resort, " said Chancer. Set on 1, 839 acres of pure oceanfront luxury sits Mauna Kea Beach Hotel and the Westin Hapuna Beach Hotel. That has changed a bit with the pandemic as younger families are moving here and making it their primary residence, " observes Robert Chancer, principal broker at Mauna Kea Realty. The Villas own the distinction of the first condominiums built in the early '80s. The homes are a mix of original, remodeled, and teardowns with stunning ocean views.