The developer’s representatives report approximately 45 total units left to sell in the community with 8 units in finished and ready to sell product.  Given Ka Milo’s historic absorption rate, I would estimate the community’s new home inventory will be sold out in December 2019. Here are the unit types and # of units to sell per floor plan: Detached Units with Pool/Spa 2: Hoku A / Plan 1 1: Hoku B / Plan 2 5: Makani / Plan 3 Duplex Units 16: Honua A / Plan 5 21: Mahina / Plan 4 Ka Milo’s elegant homes – with their double-pitched tile roofs and full-width lanai doors – are surrounded by the rolling greens and fairways of Mauna Lani’s North Course. Some floor plans enable homeowners to walk out of their property and go straight into a private pool and spa. Ka Milo’s kamaaina-style architecture testifies to the rich living cultural heritage of Hawaii’s royal past, with all the amenities of today’s easy and convenient living. Ka Milo offers an interesting collection of paired homes and single-...

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Kulalani at Mauna Lani offers the best value for a higher density community in Mauna Lani Resort featuring 4 and 6-plex buildings. New Construction Update Developer’s sales reps report that the last 3 buildings with 16 units total will be under construction or finished before the end of 2017. These are buildings 13, 14 and 15 composed of 2 six-plex buildings and 1, four-plex building. None of these units have been released for sale as of July 6, 2017. These last buildings are at the back of the community offering the least amount of through traffic and great views of the Mauna Lani North golf course. There are 21 total units to sell and complete the project. Based on sales from the previous 6 months the absorption rate is 1.5 units a month. By my best estimation the project will be sold out sometime at the end of the summer 2018. The Kulalani sales models are also for sale-units 102 and 104. Unit 104 is sold furnished and unit 102 is sold unfurnished. Kulalani at Mauna Lani New Home Price List Kulalani at Mauna Lani ...

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I’m often asked by clients for an update on The Villages at Aina Lea. For those not familiar with this development, it is the 1,099+ acre development, “mauka” of the Mauna Lani Resort-across the highway. Since 2009-10 the developer finished a majority of 40, two-story town-home buildings with distant ocean views. Selling the homes is a different story based on recent negative news regarding their attempted merger with a potential partner and source of public funding via the US stock market. The approximate 40 town homes are part of the affordable housing section of the development needed to be completed first by the owners to enable further and future construction. The developer expected to close a business merger with Origo Acquisition Corp., which is publicly-traded on the Nasdaq that would have helped finance completion of a stalled initial phase that includes the long-empty town homes. Pacific Business News reports the following from a recent article-click here for the entire article. This article does a great...

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The Villages continues to be an exceptional community comprised of 130 units on approximately 30 acres.  Four floor plans are available-2 duplex plans and 2 freestanding condominiums.  Currently there are 17 units for sale, slightly higher than the typical 10% of built inventory but late spring can be a slow season for sales. Availability includes, 3-freestanding Alii plans with pools, 2-freestanding Kahili plans with pools and one without a pool for sale.  Duplex units includes 8-Maile plans and 3-Lehua plans available . The Villages at Mauna Lani were developed by Mark Richards via his Maryl Pacific construction company in 2003-2007.  The Shops at Mauna Lani were also a part of his development scheme but the land was purchased by Bill Borkin and subsequently developed in 2004-6. Nearly 20 acres of the 30 total acres are planted in lush landscape including large, Monkey Pod and Royal Poinciana trees.  These canopy trees coupled with the Shower trees and other plants make the Villages a lush, low density community.  De...

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The Shops at Mauna Lani has sold to Phoenix, Arizona based AT ML Leasehold HI, a holding company for Arciterra Companies, LLC, that specializes in retail developments across the mainland US. Their website lists properties in many states with both single and multi user retail centers. The Shops at Mauna Lani was originally purchased from the Mauna Lani developer Tokyu by Mark Richards via his MARYL development company in the early 2000’s as part of his purchase of land for The Villages at Mauna Lani. Bill Borkan purchased the property from MARYL and subsequently developed what is now The Shops. Bill Borkan’s family sold to the new owner on 5.12.17. The Shops at Mauna Lani feature tenants include Tommy Bahama’s Clothing Boutique and Restaurant, Ruth’s Chris Steak House and Foodland Farms Grocery Store. Exciting news for the current tenants and an opportunity for new tenants and new offerings for the resort owners and their guests-possibly! Arciterra’s website states the following: Based in Phoenix, Arizona, Arciter...

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Mauna Lani Bay Hotel, golf course and other real estate assets sells to new owner-first time in 35 years!! The Mauna Lani Bay Hotel, golf course, racket club, greeting center and 1000+ plus acres of undeveloped land adjacent to the resort have sold.  The Tokyu Corporation via several entities owned these assets and are the original developer of the entire 3000+ acre resort.  Click here to Search Mauna Lani properties. This is the press release by the Tokyu Corporation from May 13, 2017: KOHALA COAST, HAWAII - Mauna Lani Resort (Operation), Inc., subsidiary of Tokyu Corporation, today announced the transfer of ownership of its Mauna Lani holdings, comprised of the legendary Mauna Lani Bay Hotel & Bungalows, the Francis H. Ii Brown Golf Courses and other assets including undeveloped land and facilities. The new owner is DHL Mahi Associates LLC, an affiliate of ProspectHill Group - a California-based real estate operating company with a history of successful resort development in the Hawaiian Islands. "While Tokyu Corpora...

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Located in Villages at Mauna Lani-this popular Lehua Plan is equipped with a 39 panel Solar System. Unit 320 has one of the best locations in The Villages- which includes a large grassed common area off of the great room and rear BBQ lanai and located at the end of the 300 row of Lehua units with no adjacent building. Near recreation center for ultimate convenience. All Villages units include upgrades like solid mahogany trim and doors, Sub Zero refrigerator plus other quality appliances, granite tops, cherry cabinetry, outdoor kitchen with gas BBQ, 3 large lanai's off great room, kitchen and master bedroom. Large garage is great for additional storage and room for 2 cars and plenty of ocean toys. Two guest parking spaces located in the driveway. The Villages offers the best value for the $$ in the Mauna Lani resort with one of the lowest AOAO fees, largest square footage plans and luxurious interior amenities and appliances. The Villages Recreation Center features a large, tiled and jetted spa, free form pool, well equippe...

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Lissette and I run/walk a very scenic, 6 mile route daily at sunrise within the Mauna Lani Resort and along the shoreline including circling the fish ponds ponds at Kalahuipua’a, and the shorelines at Honoka'ope and Makaiwa Bay. It’s an incredible start to the day currently filled with snow capped volcanoes, hump back whales breaching, big waves and the ever present and plentiful bird population. Migratory Koleas are numerous now displaying their “just arrived” light feathered plumage which changes to a dark “tuxedo” as they prepare to head back to Alaska and beyond in the spring. The seven fish ponds that are named Kalahuipua'a, Kahinawao, Waipuhi, Waipuhi Iki, Hope'ala, Milokukahi and Manoku—most were used by ancient Hawaiians to raise fish and supplement their ocean fishing efforts. The ponds are stocked, and the schools of mullet and awa are moved from pond to pond to feed in different stages of development. Mauna Lani has also planted a variety of ancient Hawaiian plants in an effort to return the ponds to...

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January 2017 Update-Construction at Laule’a at Mauna Lani continues to move forward at a fast and furious pace! According to the developer’s website and developer’s representative, “Residences 8, 9 and 10 are set to be complete by Spring of 2017, which will mark the official opening of Laule’a. These owners cannot wait to be the first to move into Mauna Lani’s newest community!” “Framing has now commenced on 8 additional units in the community, of which 7 are already “sold”-with “hard contracts”, leaving 10 yet to sell. There is currently only one residence officially listed for sale (#13)-$3.15m, which is being offered fully “turn-key” furnished. This residence will be ready to occupy by next Christmas (2017).“ Further updates: -Sales office open February, 15 2017. -Duplex home #’s 11, 12 and 13 are under construction and listed for sale from $3-3.15m. #13 is sold with furnishings-all facing the mountains. These are the 4 bedroom/4.5 Bathroom plans with small pools-2770 SF interior, fin...

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Developer’s sales reps report that the last 4 buildings with 30 units total will be under construction or finished before the end of 2017.  Building 12 is under construction currently and has 1 unit under contract.  The remaining buildings, 13, 14 and 15 will be released and open for contracts soon.  The last buildings are at the back of the community offering the least amount of through traffic and great views of the Mauna Lani North golf course. Kulalani at Mauna Lani lies across 25.067 lush and manicured acres, along the fairways of the Championship Francis H. I'i Brown North Golf Course. It's the perfect setting for the 2 and 3 bedroom town homes, with their vaulted ceilings and private gardens.  Kulalani features 5 different floor plans located in 24 buildings for a total of 126 units.  Interior features include 8' interior doors, extensive trim, stone flooring and GE Profile appliances.  These 2 and 3 bedroom homes contain separate laundry rooms or closets, granite counter tops, sliding/pocketing doors, outdoor BB...

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