D.R. Horton Announces Lottery and Price for Kailua Condos

Ka Malanai by D.R. Horton

Lottery Application

The eagerly anticipated lottery of D.R. Horton’s new Kailua condos will take place on Saturday, January 25th at 10:00am at Mid-Pacific Country Club. Lottery entrants must complete a notarized affidavit claiming their intent to occupy the residence for 365 consecutive days. 

Entrants must also submit a Lottery Registration Form, on which they should designate their Realtor to insure Buyer Representation. Applications are due by 12:00pm on January 24th.

Lottery entrants may attend the drawing, but are not required. They also may designate their Realtor to attend and draw by a specific power of attorney. If an entrant’s name is drawn, he or she will be given 48 hours to select a unit. Additional back-up entrants will be selected for each unit in case of forfeiture. See complete instructions for the Ka Malanai Lottery.

Units For Sale

• 28 units are for sale in the building. Some units were pre-sold. Others will become models. See the floorplans for Ka Malanai condos.
• There is one 1-bedroom unit for sale. It’s the lowest priced unit at $477,755 and is model “F”.
• There are 15 2-bedroom units for sale. They are models A1, A2, A4, and B3. The one B3 unit is the largest 2-bedroom unit, at 1,440 sq.ft., and is listed for $824,155. The A models are listed from $750,755 up to $785,755.
• There are 12 3-bedroom units for sale. They are models B2, E, G1, and G2. They start at $847,700 for a 1,433 sq.ft. unit and increase to $952,755 for an 1,811 sq.ft. unit.
• The condo fees will range from $311 for the 1-bedroom unit, extending through the high $500s for a two bedroom unit, and from $680 up to $859/month for the most expensive 3-bedroom unit.
• Two parking spaces are offered with each 2 or 3 bedroom unit.

Answers to FAQs

• Condo amenities include water/sewer, exterior maintenance, BBQ areas, and permanent fitness equipment.
• Buyers will be able to go to the design center to select from a variety of standard finishes, and will be able to choose to upgrade certain items.
• There are no model homes at this time, nor in the near future. The photos shown in brochures and online are computer generated representations only.
• Completion of units is not expected until late spring or early summer.
• Every unit has central A/C.
• There is no photovoltaic power in the building.