The Villages at Mauna Lani will have a couple of new listings released by next week! Right now, there is only one (overpriced) Lehua plan on the market!
Having just closed escrow on a 3 bed/3 bath Lehua (2,174 sq. foot town-home with 2 car garage) for my happy buyer clients two days ago (#609 closed at $750,000), I can honestly say it may have been the last of the great value purchases we will see for some time.
As I was looking for a home for another buyer client, I contacted the owners in the Villages and was surprised by the overwhelming response. Many were simply waiting for the glut of distressed properties to clear the board and intend to sell within the next 6-12 months at considerably higher prices.
The very nicely upgraded Lehua coming on the market by Monday is priced at $895,000. How about a golf course fronting Maile at less than $995,000? I have a number of sellers who are willing to sell, but do not want to list their homes to the open market (pocket listings), for various reasons.
Most of these properties are not, nor have ever been, used as vacation rental properties. Call me if you are interested in finding a well maintained, beautifully furnished Leahu or Maile floor plan at the Villages…and if you don’t know the difference, I can help you there too.
Living and loving the resort life!
Beth Thoma Robinson R(B)
June 3, 2011
This is once again interesting for the buyers out there who still believe there is an endless supply of foreclosures to come at the luxury resort properties. And as I know you’ve also spoken to past clients at other nearby Mauna Lani communities, it seems the story there is similar: the next round of sellers may not be expecting to get what they paid at the peak, but they certainly won’t match last year’s prices.
Beth Thoma Robinson R(B)
June 3, 2011
This is once again interesting for the buyers out there who still believe there is an endless supply of foreclosures to come at the luxury resort properties. And as I know you’ve also spoken to past clients at other nearby Mauna Lani communities, it seems the story there is similar: the next round of sellers may not be expecting to get what they paid at the peak, but they certainly won’t match last year’s prices.