Two championship 18-hole golf courses ranked No. "Our market is a snapshot of what's going on in highly desirable resort areas around the country, " Hurwitz explains. As a result, The Villas do not often come on the market. "Many properties are not on the market and trading as pocket listings. Out of Area Luxury Homes. "The Mauna Kea market was always considered a second-home market. Fairways North was the second single-family residential community to be developed. Members have access to social events, amenities at both hotels, golf courses, beaches, and spas. Charleston | Lowcountry. It is gated with large lots and expansive contemporary homes many with ocean/coastline views. After entering the front gates for Mauna Kea Beach Hotel are the Fairways at Mauna Kea South, Fairways at Mauna Kea North, and The Villas. They were originally built with most as 2, 700 square foot two-bedroom villas.
Fairways South was the first residential community developed with Rockefeller's input. That is not surprising as the legend of Mauna Kea lives on. Laurance S. Rockefeller set the standard for world-class resorts when he created and developed Mauna Kea. Mauna Kea's highest-priced sale in 20 years was at Kauna'oa, a five-bedroom six-bath 6, 700 square foot home on two-plus acres, which sold in February for $18. The luxury residential real estate at Mauna Kea Resort remains as iconic as Rockefeller's grand vision of decades ago. Some original owners remain at The Villas, as do their children and grandchildren who inherit properties. This includes Fairways at Mauna Kea South, Fairways at Mauna Kea North, The Villas at Mauna Kea, Kauna'oa at Mauna Kea, Bluffs, High Bluffs, Hapuna Beach Residences, Kumulani at the Uplands, Moani Heights, Apa'apa'a Heights and Wai'ula'ula. Matt Beall, chief executive and principal broker for Hawai'i Life, expands on Mauna Kea Resort's legacy. They do understand the value of Mauna Kea Resort. " Check out my website. The children and even grandchildren of the original owners who now own the properties do not want to sell. San Francisco's East Bay. Hawai'i Life is a founding member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world's most luxurious me on Twitter or LinkedIn. San Antonio | Hill Country.
"We have high demand with low inventory resulting in price escalations and multiple offers, " Hurwitz adds. This was the forerunner to the current ownership trend of luxury branded residences attached to luxury resort and hotel properties. Over the years, several units have been converted into three- and four-bedroom homes.
MAILING LIST REMOVAL. That's why we do sell a lot of property that has that connection, " Chancer explains. The Mauna Kea Resort buyer demographic has recently trended younger, with buyers hailing from the West Coast, including California and Washington. That multi-generational devotion to Mauna Kea Resort may account for some of the current market fundamentals.
It set the tone for what today remains one of the world's top resorts. Silicon Valley | SF Peninsula. We have two good private schools, and it's a place people really want to be. " "I have been involved with the resort and a club member since the seventies. They want to use it with their children and make their own memories on the beach for years to come, " observes Steve Hurwitz, broker-in-charge at Mauna Kea Realty – A Hawai'i Life Company.
Austin | Hill Country. Hawaii's iconic Mauna Kea Resort on the Big Island's Kohala Coast is unique. 12 overall in the Top 100 Golf Magazine complete this perfect picture of the good life. Strong relationships develop and continue for years among Members and their families at the private Club at Mauna Kea Resort. They currently are selling when available for between $5, 000, 000 to $8, 000, 000. "Inventory is depleted here as people who could work from anywhere and wanted out of the rat race chose to move here during COVID. Rockefeller curated an extensive collection of Asian and Oceanic artwork throughout the resort that further set it apart. Before COVID prices were in the $3, 000, 000 to $4, 000, 000 range. "Mauna Kea is truly a family legacy for many. Portland | Central Oregon. The homes are a mix of original, remodeled, and teardowns with stunning ocean views. The Villas own the distinction of the first condominiums built in the early '80s. SF | Marin | Wine Country. That has changed a bit with the pandemic as younger families are moving here and making it their primary residence, " observes Robert Chancer, principal broker at Mauna Kea Realty.
He points to average selling times dropping from 6 months to 30 days for desirable properties. Set on 1, 839 acres of pure oceanfront luxury sits Mauna Kea Beach Hotel and the Westin Hapuna Beach Hotel. It has always been very much a multi-generational place. The latest Mauna Kea Resort Sales report shows an 83% year-over-year sales increase for Q1 - Q3 2021. According to Beall, "the Big Island has been the most active in ultra-luxury sales. " "The history combined with the sense of place that is now so well-formed creates that generational interest.