Finding Affordable Big Island Luxury in a Kona or Kohala Coast Condo
Here in Hawaii the cost of land is much more expensive in comparison to most parts of the world. We have less of it, for one, and two…it’s really nice here. Since the cost of land can be pricey, it makes sense to build up as opposed to out. A condominium accomplishes just that, which is why living in a condo is usually less expensive than a home in the same area and provides the ability to make even luxury properties more affordable.
Kona Coast – Keauhou Estates & Hale Kehau
Let’s first take a look at the Kona Coast. In the Keauhou area you have a beautiful, gated community called Keauhou Estates. Keauhou Estates features custom homes surrounding the Kona Country Club golf course and over looking the entire coastline. The median home price in this community is about $1.7M.
78-6814 Keaupuni St. (MLS# 261436) listed at $1,959,000
Just across the street from Keahou Estates is condominium community of Hale Kehau. Hale Kehau, like Keauhou Estates, is a gated community, but also features a community pool and tennis courts. The median home price in Hale Kehau is about $775,000.
View from the lanai of Hale Kehau #100 (MLS# 247794) listed at $699,000
Kohala Coast – Kolea Condo Villas & Kolea Kai Circle
In the Waikoloa Beach Resort, on the Kohala Coast of the Big Island, you have a beautiful beachside community called Kolea Subdivision. In this subdivision you have a condo community called Kolea Condo Villas. Accessed through the same gate and sharing the same amenities, you have the homes of Kolea Kai Circle.
Amenities at the Kolea Subdivision include:
- An exercise pavilion
- Two pools (one for the keiki)
- A beach club pavilion with a full kitchen for entertaining
Exterior shot of (MLS# 262072) listed at $7,495,000
The median price of homes in the Kolea subdivision is about $6.5M. The median price of the condos in Kolea is about $1.6M.
Gourmet kitchen and great room of Kolea 1F (MLS# 260334) listed at $2.25M
Affordable Big Island Luxury Living
As you can see by the examples above, a condo on the Kona or Kohala Coast can still give you the luxury and lifestyle that you are looking for at a much more affordable price tag. These are just some of many examples. If you are interested in any of these properties or others like it, give me a call as I would be happy to guide you.