It’s hard to see our friends and neighbors leave Hawaii like the owner of Villages #320 but time and circumstance always require change and as we say here -a hui ho-or until we see each other again!  This home is set to close on or around 11/30/17. Villages #320 is the popular Lehua Plan with 39-panel solar system installed. It has a large, grassed common area off of the great room, 3 lanais, and is located at the end of 300 row with no adjacent building. It’s located near the recreation center for the ultimate in convenience. The Villages offers the best value for the $$ in Mauna Lani with one of the lowest AOAO fees, largest square footage plans and luxurious interior amenities and appliances. The Villages Amenity Center includes an exercise room with deluxe equipment, a full kitchen for poolside entertaining, and free- form freshwater pool and jetted hot tub. Click here for a copy of the Sales Flyer Click here to sign up for my blog Click here to search properties

Filed under: Significant Sales by Rick Oliver
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As we enter the 4th Quarter of 2017 at the end of our summer sales season, I thought it would be helpful to asses the positive market trends so far for the State and island of Hawaii and the US for 2017. Below is a synopsis of some helpful statistics I gathered from the Corelogic and our Multiple Listing Service-Hawaii Information Service. The stats indicate a general positive trend with +6% average value increase nationwide-Year over Year (YOY)-and for most areas of the State of Hawaii and the island of Hawaii also. Regarding the Kohala Coast market, the median sales price of single family homes has started to catch up with condominiums with a year over year increase of +12.36%. Condominiums have leveled out at a +5.16% increase-YOY. Due to lack of inventory in the $560k range-total number of homes sold have decreased slightly YOY-6.47%. Sales volume gives you a clue as to momentum. Both homes and condominiums are up over +21% for SFR and +30% for condominiums-YOY. For particular note, these stats show an above average, ...

Filed under: Real Estate by Rick Oliver
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On or about July 24th all new inventory and pending sales were withdrawn by the listing agents for Stanford Carr at Kulalani at Mauna Lani development. As many of you may know, the development’s financing has varied over the years due to the recessionary forces that caused the original developer, Stanford Carr, to halt construction for several years.  Built inventory of approximately 40 units was absorbed during the time period between 2009-2012.  New construction resumed in 2013-2014 and has progressed to the last 4 buildings (20 units) of which 2 buildings are yet to be started (10 units). Newer resale homes in Kulalani offered for sale are still a great value in this community and offer the best construction quality at some of the lowest price per square foot of any community-new or not-in the Mauna Lani.  Most offer golf course views and or back up to the popular, dual pool community center that is shared with Kamilo at Mauna Lani.  I’ll keep you informed when I understand the circumstances surrounding the halt to new...

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The Nohea at Mauna Lani developer has started 3 new luxury resort homes on lots 21, 25 and 29. Construction started today on 3, new, luxury, resort homes to be finished Summer 2018. Each home features a double courtyard plan allowing maximum light and air distribution throughout the home including the guest suites. The main living area features sliding pocketing doors that open to a large lanai and pool with 6 person, jetted spa. The master suite includes separate tub and shower with porcelain tile and walk in closet. A 4th full bathroom is located near a “flex space” that can be used for a private, media room or a sleeping area as it features a hidden, queen size Zoom Room bed (check out the link). Nohea is a 15 acre community featuring a recreation center conveniently located within the resort very near the Mauna Lani Bay Hotel and Bungalows. The recreation center includes it’s own salt water pool, BBQ pavilions and exercise hale with Life Fitness equipment. Owners and their guests are invited to use the owner’...

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Congratulations to the new owners of Villages at Mauna Lani #712. This Maile plan in The Villages is golf course front and has a distant ocean view and included many upgrades the Villages units are known for including solid mahogany doors and trim, luxurious kitchen cabinets and appliances. The Maile homes are spacious, 2750 square feet floor plans including 2 master suites, 3 lanais, outdoor kitchen and a large, 2 car garage. This home sold for $1,095,000.00 on 8.30.17. Click here to search The Villages at Mauna Lani offerings. Click here to search Mauna Lani Resort condominiums. Click here to sign up for my blog.

Filed under: Significant Sales by Rick Oliver
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One of the last remaining, undeveloped sites within the Mauna Lani Resort sold in August 2017 to the same group that purchased the remaining Tokyu assets that included Mauna Lani Bay Hotel and Bungalows, golf course and racket club. Originally, the undeveloped, Site “M” parcel was sold by the Mauna Lani Resort’s developer, Tokyu to a group led by developer Stanford Car in December of 2004 for $24m. Tax records indicate an entity related to Prospect Hill Group (DHL Mahi Propco LLC) paid a $9.75m sales price for the 150 acre site on August 14, 2017. The most interesting fact regarding this parcel is that it includes zoning for the last remaining hotel site within the resort. At some point in time when Tokyo sold the development site where 49 Black Sand Beach is now situated, they obtained permission from the County to “move” the hotel site zoning that was intended for this site and relocate it to parcel “M”. In the past, the Mauna Lani Resort as well as The Villages at Mauna Lani had filed several actions...

Filed under: Significant Sales by Rick Oliver
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Recent news articles including those released for public relations purposes by Prince Resorts provide details of multiple improvements and changes to the Hapuna Beach Hotel as part of the Mauna Kea Beach Resort. Among many news worthy highlights, the owners have recently announced that they are affiliating their hotels with Westin Hotels and Resorts including rebranding the Hapuna Beach Hotel into the Westin Mauna Beach Resort. The owners of the Hapuna Beach, Seibu Holdings, have recently sold a large block of rooms and a large detached “villa” to a California developer who intends to convert the hotel rooms into a “condotel” by combining rooms and offering hotel amenities to the condominium owners and their guests. All of these developments are positive and continue to show the strength of the Hawaii market in not only the continued investment and improvements of these iconic properties but the overall health of the Hawaii real estate market on the Big Island. Click here to search Mauna Kea and Hapuna Beach real ...

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The phrase “Ke Kailani” translates to “The Sea Reaching for the Heavens”. The 65 acre community currently consists of 39 estate lots that are primarily located along the fairway of the Mauna Lani golf course with distant ocean views. In addition, the original developer built 4 of 8 planned “Villa” town home style, condominiums (3300 sf) that are also located on the golf course that feature individual pools and luxurious interior appointments. Community amenities include the Kaiola Ocean Front Grotto that features a spectacular infinity pool, two natural whirlpool spas, a fully equipped kitchen and two large entertainment hales with built in BBQ’s. The Hana Pono Park is located on 5.5 acres in the heart of the community. The private park was designed for multi-generational, multi purpose family enjoyment and is home to a freshwater “pond”, children’s swimming area, a fully equipped Fitness Hale, Fitness Path and a thatched roof Gathering Hale for entertainment. Ke Kailani was originally developed by M...

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This is a great opportunity to own a fairly level and lushly planted lot near Volcano Village and Hawaii Volcanoes National Park. Located near front of the community for easy access on Third Street. Hiking trails abound nearby to visit all the sights in this ancient and historic area near the Kilauea Volcano. New owner can position home amongst incredibly lush tropical plants and trees including Ohia, ginger, tree fern and many others. Power is available but water is supplied by catchment as no community well or public water is available. Click here for more information on this listing: https://www.hawaiiluxuryresortproperties.com/homes-for-sale-details/THIRD-ST-VOLCANO-HI-96785/608096/229/ Click here to search Hawaii Island Properties: https://www.hawaiiluxuryresortproperties.com/properties/search-mls/

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I’ve started a monthly Newsletter filled with content and information contained in my weekly Blog posts. I’m a great consumer of information, especially regarding Hawaii Island events, activities and our state’s real estate happenings, and I regularly share this kind of information on my Blog. This Newsletter will contain monthly highlights as well as feature interesting and pertinent information regarding my family's active lifestyle so that those of you who may be considering a real estate purchase can obtain a glimpse into the incredible activities available on the Big Island. I will also guide you to some not so easy to find beaches and hikes that really make our island an adventure! Please subscribe to my blog where most of these stories are updated weekly. You can also visit the blog page on my website to preview the type of information you may receive in the future and read archived posts. I look forward to sharing my knowledge with you as well as the most current real estate news when it becomes available. �...

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