The first sale in two years at the Islands at Mauna Lani just closed yesterday!
My happy buyers purchased a fully furnished 3 bedroom/3.5 bath beautiful town home (some updating needed) in this fabulous neighborhood at an unparalleled price. This sale was not a short sale or an REO! The last sale of a slightly smaller 3 bedroom unit was $975,000 higher!
The Islands is the lowest density development in the Mauna Lani with over 22 acres of lush landscape for the 46 owners that share it. There is, of course, a pool, hot tub, kitchen, and community barbecues (in addition to your individual lanai barbecues), and it has the distinctive personality of feeling very tropical while European in style and feel. All of the homes come with a full-size two car garage and beautiful private courtyard entries.
The Islands are located centrally with the golf course wrapping it’s lush gardens, and an easy walk to the adjacent Mauna Lani Sports and Fitness Center/Spa, Tommy Bahamas, the Mauna Lani Beach Club, and the Mauna Lani Bay Hotel!
There are currently 5 active listings in the Islands. The best buy is a 2 bedroom/2.5 bath town home with morning sun overlooking a large water feature on the golf course with beautiful views of Mauna Kea Mauna Lani and Hualalai (MLS# 239141).
This is a distressed sale at the wonderfully low price of $561,900. Yes, it needs new carpets, and yes, the hardwood floors need to be redone and the paint looks a little rugged, but overall the value always was and is in the solid construction, location, and magnificent low-density and style of the development. Keeping in mind that the recent sales in 2007 and 2008 for the same size unit ranged from $1M—$1.2M, it shouldn’t take a savvy buyer long to see the value in this listing!
Living and loving the resort life!
David Buck
December 7, 2010
Congrats Pam. Sounds like your clients got a great deal!
David Buck
December 7, 2010
Congrats Pam. Sounds like your clients got a great deal!
Beth Robinson R(B)
December 8, 2010
The Islands is a gem, congratulations on this sale! I have a number of buyers looking at older projects at Mauna Lani now, because in contrast with the new and shiny ones, the older projects are, as you point out, walking distance from everything. I sometimes do a second showing with an interior designer in tow, so prospective buyers have a solid idea of the cost to bring the interior up to their standards. Interesting how Mauna Lani is suddenly hot again!
Beth Robinson R(B)
December 8, 2010
The Islands is a gem, congratulations on this sale! I have a number of buyers looking at older projects at Mauna Lani now, because in contrast with the new and shiny ones, the older projects are, as you point out, walking distance from everything. I sometimes do a second showing with an interior designer in tow, so prospective buyers have a solid idea of the cost to bring the interior up to their standards. Interesting how Mauna Lani is suddenly hot again!
John
December 11, 2010
I consider being on or near a golf course a negative, not a positive thing. I appreciate pristine views without duffers in golfcarts. Where do you suggest looking for some place with oceanfront access…. or up high on a slope with ocean views in the distance with privacy and away from golf? I live in Washington and nearing retirement I am considering spending 3 to 6 months a year in Hawaii and like Oahu and The Big island-Hawaii but found myself very bored on visits to Kawaii and Maui. I like watercolor painting, reading, hunting, fishing, camping, snorkeling, photography, horseback and bicycle riding, kite flying, dining out and cooking. Do not care to participate in tennis, golf, tours, or lying in the sun either on the beach or by a pool. I am an author, editor, lecturer, and photographer.
John
December 11, 2010
I consider being on or near a golf course a negative, not a positive thing. I appreciate pristine views without duffers in golfcarts. Where do you suggest looking for some place with oceanfront access…. or up high on a slope with ocean views in the distance with privacy and away from golf? I live in Washington and nearing retirement I am considering spending 3 to 6 months a year in Hawaii and like Oahu and The Big island-Hawaii but found myself very bored on visits to Kawaii and Maui. I like watercolor painting, reading, hunting, fishing, camping, snorkeling, photography, horseback and bicycle riding, kite flying, dining out and cooking. Do not care to participate in tennis, golf, tours, or lying in the sun either on the beach or by a pool. I am an author, editor, lecturer, and photographer.
Beth Thoma Robinson R(B)
December 11, 2010
Hi John,
I don’t know if you also emailed Pam directly or just posted here on the blog. I am her business partner and covering for her this weekend. We have several areas on the Big Island that could work for non-golfers. To take this conversation off the blog, you can email me beth@hawaiilife.com or Pam pam@hawaiilife.com to pick up the conversation in private.
Aloha
Beth
Beth Thoma Robinson R(B)
December 11, 2010
Hi John,
I don’t know if you also emailed Pam directly or just posted here on the blog. I am her business partner and covering for her this weekend. We have several areas on the Big Island that could work for non-golfers. To take this conversation off the blog, you can email me beth@hawaiilife.com or Pam pam@hawaiilife.com to pick up the conversation in private.
Aloha
Beth