While Kona’s moderately priced home sales are skyrocketing, the luxury market is still lagging. Keauhou Estates, a gated luxury community overlooking Keauhou Bay, has some great buys.
The most remarkable is “The Dolphin House”. This stunning 3 bedroom 3 1/2 bath home was released to market about two months ago at $1,750,000. The owner wants it sold so they just dropped the price $375,000 to $1,375,000. All the more remarkable is the seller paid $2,400,000 just a little over two years ago. Now that’s a million dollar price drop!
Another home worth considering is aÂ 4 bedroom, 6 bath home at 78-6803 Kuhinanui Way priced at $995,000, an amazing price for this neighborhood. The seller paid $1,380,000 way back in 2007.
Looking for a resort style home with killer views, walls that disappear, infinity pools and state of the art kitchens all just minutes from the shopping, restaurants, beaches and golf courses of Kona?? Look to Keauhou Bay for a bargain.Â A luxury bargain that is.