D.R. Horton’s new condo construction in Kailua has created quite a buzz here on Oahu! The six buildings that were erected on the five-acre site are handsomely situated in three groups of two, with courtyards in between and parking on the first floor of each building. The tasteful color scheme blends in with Kailua’s beachy feel and truly sets the Ka Malanai condos within the landscape of the town.
Photo credit: D.R. Horton Hawaii
Most of the condos were sold during the two lotteries, held in 2013 and 2014. Some units, however, still remain and D.R. Horton is offering end of year incentives.
Buyers who contract on a home by December 31, 2015 and close by January 31, 2016 will receive up to $6,000 on closing costs on any unit at Ka Malanai, regardless of lender used. Additionally, these buyers will have maintenance fees waived for up to six months.
This is a generous deal, and time is running out for you to take advantage of it! Maintenance fees on 2-bedroom units are currently $574.96 – $597.15 per month, and are $641.96 – $684.68 for 3-bedroom units, so you could potentially save over $10,000 between the closing cost and maintenance fee savings by acting now!
We featured Ka Malanai floor plans in a previous blog post here: D.R. Horton Floor Plans for Ka Malanai Condos in Kailua. These units are laid out very well, with ample closet space and thoughtful attention to detail.
Condo Features
- central A/C
- pets allowed
- upgraded kitchen countertops
- upgraded cabinets with Soft-Close cabinet doors
- GE stainless steel appliances in addition to a washer and dryer
- at least one parking space with each 2 or 3-bedroom unit
- water/sewer, exterior maintenance, BBQ areas, and use of permanent fitness equipment included in condo amenities
- located within a block of Whole Foods, Macy’s, Target, post office, farmers’ market, restaurants, athletic fields, and more
What Sets Ka Malanai Apart From Other Kailua Condos?
Square footage measurements for 2 bed/2 bath Ka Malanai condos are larger than 2 bed/2 bath condos at Poinciana Manor or Gardenia Manor. Ka Malanai condos are brand new construction, whereas Poinciana Manor and Gardenia Manor were both built in the 1970’s. And despite all of those bonuses, Ka Malanai is lower priced than Bluestone condos! A recently sold condo in the Bluestone community, of comparable size to the Ka Malanai 2-bedroom units, was built 36 years ago but sold at $985,000, whereas listing prices for Ka Malanai units of that size, built in 2015, range from $805,250 to $848,000.
Photo credit: D.R. Horton Hawaii
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