Big Island

Mauna Kea Resort Condominium Market Update & Community Overview

Wai’ula’ula is a gated community in the Uplands of Mauna Kea Resort. It overlooks the Kawaihae Harbor with views of Maui, and both North and South coastlines.

Gated entrance

Wai’ula’ula consists of four-plex condos (Ridge), paired or duplex homes (Villas), and single family residential (Estates) built by Maryl Construction. All are of high quality construction with superior finishes, garages, and share a beautiful fully equipped amenity center with 2 pools, spa, workout hale, and meeting/social rooms with an on staff resident manager.

The Ridge

In 2012, the Ridge recorded 6 sales ranging from $674k (bldg “K”) to $950k (bldg “A”), compared to 2013, where there have been 3 reported Ridge sales from $779k (bldg “L”) to $999k (bldg “N”). 

amenity center pool

Currently, there are four Ridge condos for sale with a big jump in price from the $999k for the last recorded Ridge sale to the current lowest price of $1.275. There are no pending sales at this time, though it will be very interesting to see where the next sale closes with a nearly $300k increase in list prices!

The Villas of Wai’ula’ula

The Villas of Wai’ula’ula recorded two sales in 2012:

  1. A somewhat distressed sale that had been on/off the market since 2008, chasing it from the original list price of $2.295 all the way to the recorded sales price of $1.3M.
  2. A listing where I represented the seller closing escrow at $50k over asking price in 20 days to record at $1.7M.

In 2013, the Villas have 3 sales to report ranging from $1.27M to $1.7M with the lower priced one being close to the road and with little views. There are no pending sales and no active Villa listings at this time.

The Estates, Kumulani & Kauna’Oa

The Estates have no activity to report at this time.

Kumulani is also in the uplands and consists of 8 four plex buildings and a community pool area. They have beautiful ocean views and overlook the water feature of the Hapuna Golf Course. The only sales in 2013 have been the last two developer units closing escrow at $560k (“I” bldg) and $700k (bldg “B”).

It is expected the development will be on the upward trend now that the last developer sales are finally behind them and the only real price competition has taken such big increases in pricing. Do I hear value purchase?!

Kauna’ Oa has only a pending sale at this time for the year, which is expected to record by the end of this month. List price is $2.185M (bdg #9) and the coconut wireless expects it to close north of $2M. There is one unit only currently available at a list price of $3.795M in a premiere location with great views.

The Fairway Villas

The Fairway Villas also has only one sale to report in 2013 which was listed at $2.3M and closed escrow at $2M even. There are no Fairway Villas on the active market at this time.

Contact a Big Island Resort Community Expert

While the market is experiencing a cautious time with patient sellers, it is still a very good time to take advantage of the quiet time before our winter season gets into full swing.

If you have any questions about the Mauna Kea Resort Real Estate market, or any of the Big Island resort communities, give me a call! Living and loving my resort life!

A hui hou!

Comments (8) Show CommentsHide Comments (Remember)

Cool. Add your comment...

Your email address will not be published. Required fields are marked *

Leave your opinion here. Please be nice. Your Email address will be kept private, this form is secure and we never spam you.

Annie Mendoza, RS

October 5, 2013

Mahalo, Pam! Yes…will be interesting to see what the sale price will be for the next Wai’ula’ula ridge to close now that listings have increased by $300k.

Annie Mendoza, RS

October 5, 2013

Mahalo, Pam! Yes…will be interesting to see what the sale price will be for the next Wai’ula’ula ridge to close now that listings have increased by $300k.

Julie Keller, RS

October 10, 2013

I appreciate your expertise Pam, especially here at my favorite resort on the Big Isle!

Pam Deery, R(B)

October 11, 2013

It’s no secret that Mauna Kea and Hapuna are the best beaches on the island and Mauna Kea is a world class resort..so I’m with you there Julie.

Jan Nores

November 13, 2013

I love the Mauna Kea Resort and have just joined the Tennis Club, rated 4th Best in the World, what a setting, waves, whales and the best tennis instructor in my opinion, Hector Mendoza!!
If you are looking to buy in a fabulous resort, Mauna Kea has the lowest density of any resort on the Big Island and the best beach anywhere!

Julie Keller, RS

October 10, 2013

I appreciate your expertise Pam, especially here at my favorite resort on the Big Isle!

Pam Deery, R(B)

October 11, 2013

It’s no secret that Mauna Kea and Hapuna are the best beaches on the island and Mauna Kea is a world class resort..so I’m with you there Julie.

Jan Nores

November 13, 2013

I love the Mauna Kea Resort and have just joined the Tennis Club, rated 4th Best in the World, what a setting, waves, whales and the best tennis instructor in my opinion, Hector Mendoza!!
If you are looking to buy in a fabulous resort, Mauna Kea has the lowest density of any resort on the Big Island and the best beach anywhere!

More Articles from Hawaii Life

Big Island Hawaii Hawaii Island Luxury

ホルアロアの高級不動産 | ハワイ島の隠れた宝石

Listed by Carrie Nicholson 記事/バイヤーエージェント:ルーベンスティンあけみ ハワイ島の不動産といえば、多くの方がカイルア・コナやワイコロアを思い浮かべるかもしれませんが、実は他にも素晴らしい住宅地が多く存在します。その中の一つが、隠れた名所「ホルアロア」です。 ホルアロアは、カイルア・コナの町から車で約15分、標高が高い山側に位置しており、心地よい涼しさと美しい風景が楽しめる地域です。このエリアは、コーヒー農園が広がる豊かな自然に囲まれ、静かでありながら生活の便利さも兼ね備えています。主要なショッピングエリアや空港へのアクセスも良好で、まさに理想の住環境です。 夢のようなプライベートライフを提供するホルアロアの高級住宅 今回ご紹介する物件は、広大な5エーカー(約6,121坪)の敷地に建てられた、総面積約6,300平方フィート(約177坪)の豪華な邸宅です。コナ海岸の壮大な眺望を望み、贅沢でプライベートな島のライフスタイルを満喫できるこの物件は、まさに「夢の邸宅」と言えるでしょう。 邸宅は、最近数百万ドルをかけた大規模なリノベーションが施され、5つのベッドルームと4つのバスルームを備えた完璧な空間に仕上がっています。母屋に加え、可愛らしいゲストハウス(オハナ)やリビングスペースを備えたキャリッジハウスがあり、合計3つの建物で構成されています。さらに、2,600平方フィート(約70坪)の屋根付きラナイとオープンラナイも完備され、贅沢なアウトドアリビングを楽しむことができます。 卓越したデザインと設備が彩る室内 玄関を入ると、ブロンズ製のカスタムドアが出迎え、洗練された岩を埋め込んだプランターとカピス貝のシャンデリアが空間を華やかに彩ります。その先に広がるのは、コナ海岸の圧巻の景色。 キッチンは完全に改装され、シェフにとって理想的な空間が広がります。サペリマホガニーのカスタムキャビネット、商業用のボッシュ電化製品、滝のような美しいクォーツカウンター、そして広々としたパントリーが揃っています。 マスタースイートは贅沢そのもの。専用バスルームには職人技が光る岩とタイルのシャワーや美しいタブが備えられ、カリフォルニアクローゼットシステムやプライベートラナイ、ヨガロフトも完備されています。 生活の贅沢さをさらに高める特別な空間 この邸宅は、見どころが豊富です。 イタリア産の玄武岩を使った暖炉を備えた、広々としたリビングルーム カメラモニター付きの監視システムで、万全のセキュリティを提供 カクテルバーとワインセラーがつながったダイニングルーム マホガニー材のキャビネットが備わった、広々とした洗濯室 …