We’ve had lots of traffic on our Nohea homes with many compliments regarding the floor plans, furnishings, finishes and fixtures. Lot 25 features many finishes from our popular lot 10 plan that is now a resale for $3.895m. Jamie Jackson along with her team with furnishings from Oahu’s Pacific Home interiors specified and installed the Bali Modern furnishings that accentuated the cabinetry, trim, wall coverings and finishes. The cabinetry, elaborate hardwood trim, hardwood floors and hand troweled, Old World stucco exteriors are unusual for this market. Lush landscaping is also included featuring a grass and paver driveway which adds more “green” scape where you would expect hard surfaces. This home is priced at $3,049,000 which makes it one of the lowest priced single family offerings in Mauna Lani at this time.  These homes—not condominiums—are resort quality with 4 bedrooms and 4 full, bathrooms, Chef’s kitchens with Wolf and Subzero appliances, saltwater pools and spas and plenty of hardwood trim and other lu...

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Lissette and I have been blessed with an abundance of great memories and experiences in 2019 including those including all of our friends and clients, old and new. A big mahalo to our clients who have entrusted us in many different ways with their properties. We both enjoy assisting our buyer and seller clients as well as though that use our Hawaii Homechex concierge services. We started our dream not knowing anyone on Hawaii Island in June of 2001 and now count almost 19 years here and we now know many of you that started as clients and we now call friends. Much love and many thanks! Wishing everyone a joyous and happy 2020!!! Click here to search for Big Island Properties Here are a few New Year’s Predictions for 2020 of Hawaii and National Economic Trends: Low National Inflation Rates The annual inflation rate for the United States is 2.1% for the 12 months ended November 2019, compared to 1.8% previously, according to U.S. Labor Department data published December 11, 2019. (https://www.usinflationcalculator.com...

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Welcome to my year end 2019 summary of real estate news and trends for my December blog and newsletter readers. The good news is...it’s all good news! Properties in all categories are selling well along the Kohala Coast especially condominiums. The least expensive condominium units with the most bedrooms are the “hot ticket” in all resorts. Land and developed lots continue to be great buys if you have the time and patience for the building process. Single family homes are the next best bargain per square foot but an overall more expensive option to condominiums mainly because of their larger size. Most of my comments and analysis concern the Kohala Coast Resorts and not the north Kona Resorts and communities such as Kohanaiki, Kukio and Hualalai. The Kohala Coast resort market for condominiums +/- $1m is really good with an average days on market of less than 90 days if the unit is priced no higher than a few percentage points beyond the sold price of the last, best comparable unit. Price and condition are “99%�...

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I just put into escrow this ocean view, 1-bedroom/2-bathroom property at the Mauna Lani Terraces. The Terraces are an ocean front community adjacent to the new Auberge at Mauna Lani Hotel. They were built and developed by the Tokyu Corporation which developed the entire resort in the early 1980’s. Most units in the Terraces front or have a view of a large brackish pond and higher floor units have ocean views also. This community as well as The Pointe feature concrete construction and spacious, one level floor plans. These properties are more like large, luxury hotel suites than condominiums. Each unit includes one covered, parking space and storage closet. This one got away but call me to view others.

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The finishing touches including a complete furniture package, designed by Jamie Jackson with furnishings from Oahu’s Pacific Home interiors. This home features Hawaiian “upcountry” inspired cabinetry, elaborate hardwood trim, hardwood floors and hand troweled, Old World stucco exteriors. Lush landscaping is also finished including a grass and paver driveway which adds more green scape. This home is priced at $3,049,000 which makes it one of the lowest priced single family offerings in Mauna Lani at this time.  These homes—not condominiums—are resort quality with 4 bedrooms and 4 full, bathrooms, Chef’s kitchens with Wolf and Subzero appliances, saltwater pools and spas and plenty of hardwood trim and other luxury extras to make this an incredible place to come home to in “paradise”.  Nohea is pet-friendly and allows vacation rentals of 7 days or more.  Coupled with Nohea’s beautiful recreation center and exercise hale, the community is second to none within the Mauna Lani Resort and Kohala Coast. Give me ...

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Market Update 3rd Quarter 2019 Just the stats..and the stats are all positive! The market remains strong for Hawaii Island through the third quarter 2019. Prices are stabilizing to the 2006-7 peak relative to single family homes and in some cases resort condominiums are selling well below those levels. As an example, the Maile plan in the Villages at Mauna Lani is selling at a 30-40% discount to the 2006 peak with no apparent reason other than it was a large floor plan originally purchased for occasional owner use not primarily for vacation rental. The market has changed since the “great” recession where gross vacation rents are being factored into the ownership “equation” along with purchase price and number of bedrooms. As an example of the current arbitrage, a 3 bedroom Golf Villas unit will vacation rent for $300/night where this large Maile plan may only rent for a 10% premium but cost +30-40% at $1.1m. Additionally, noted market trends indicate declining sales in non resort areas indicating the possible affect...

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I just put into escrow in just 4 weeks this extremely unique estate home in the Mauna Lani Point Estates community for $5.550m. Congratulations to the buyer and seller. I helped design and build this home in 2015 along with owners and our professional, design/build team. Golf Course Front, Ocean Views with Incredible finishes and furnishings. Hand plastered walls accentuate the rich mahogany trim, doors and cabinetry throughout. The synthetic, Inspire- Slate roof, cedar ship-lap siding and rock walls accentuate the exterior facade. The unique, grass driveway as well as the plentiful, tropical plants including “lipstick” palms, ti and water lilies in the koi pond welcome you through the front portico. Walk over the Koi pond’s “floating steps” that bring you to the woven pattern front door entry. The greenroom’s ceiling detail features mahogany beams and battens with Plyboo Brand Neapolitan Strand Plywood that simulate “thatch”- an incredible tropical detail! The large, pocketing, sliding, door panels o...

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The finishing touches including a complete furniture package, designed by Jamie Jackson with furnishings from Oahu’s Pacific Home interiors. This home features Bali/Hawaiian inspired cabinetry, elaborate hardwood trim, hardwood floors and hand troweled, Old World stucco exteriors. Lush landscaping is also finished including a grass and paver driveway which adds more green scape. This home is priced at $3,049,000 which makes it one of the lowest priced single family offerings in Mauna Lani at this time.  These homes—not condominiums—are resort quality with 4 bedrooms and 4 full, bathrooms, Chef’s kitchens with Wolf and Subzero appliances, saltwater pools and spas and plenty of hardwood trim and other luxury extras to make this an incredible place to come home to in “paradise”.  Nohea is pet-friendly and allows vacation rentals of 7 days or more.  Coupled with Nohea’s beautiful recreation center and exercise hale, the community is second to none within the Mauna Lani Resort and Kohala Coast. Give me a call to s...

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The best Makani plan in KaMilo at Mauna Lani just went into escrow!! This home features exceptional golf course views from the upstairs lanai plus the Kohala Mountains and distant ocean horizon. KaMilo’s homes are where indoor and outdoor living merge. Additional features include, double-pitched tile roofs and full-width lanai doors opening to a private pool and spa, all overlooking the greens and fairways of Mauna Lani’s North Course. This home is Golf Course Front with the Best View in KaMilo! Rare Solar System installed with HELCO net metering agreement! KaMilo offers 137 new homes on approx. 30 acres. 37 units are detached dwellings and 100 are paired (duplex) homes. KaMilo offers their owners access to the Beach Club at Makaiwa Bay, the two legendary Mauna Lani golf courses, two picturesque swimming pools, open air Hale featuring a BBQ area and plenty of space for large groups to gather. One pool features an organic shaped with spa, the second pool featured cabanas, a soothing spa and lap pool. There is also a st...

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Aloha fellow Villages at Mauna Lani owners: Laura Partridge asked if I could write an article on a current and relevant real estate subject for our Villages Newsletter. I decided to write a few words of wisdom on the new Short Term Vacation Rental (STVR) registration process that is now required of all owners who are currently vacation renting their properties or are seeking approval to do so via the County of Hawaii’s new STVR approval process. I just assisted my client’s successful completion and submittal of their applications for 2 Villages homes this week to the County of Hawaii Planning Department. For those of you not vacation renting your homes, congratulations as you will avoid a somewhat tricky and time consuming process. For the sake of this article I will comment only on typical units in our Villages community which is located in “V” (resort) zoning where vacation rental is allowed and vacation rental is not precluded by our Villages rules and regulations. Here is a link to the County Site if you would lik...

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