Villages At Mauna Lani Lehua Condo Sells at Highest Price in Three Years
The Mauna Lani Resort features two golf courses, shops and restaurants, and a private beach club for homeowners. The Villages at Mauna Lani, like many other condo complexes on the Kohala Coast, went through its share of distress when the market turned down, but signs are indicating that prices are starting to recover.
Mauna Lani’s Popular Lehua Floor Plan
A condo featuring the popular Lehua floor plan just closed at $800,000, the highest price for such a unit in over three years. The Lehua plan in the Villages is a paired home of 2,174 sq. ft. with 3 bedrooms, 3.5 baths and a two car garage. At the height of the market a few years back these models sold for over a million dollars – the highest sale being $1,350,000.
Available Mauna Lani Lehua Floor Plan Condos
There are currently only two Lehua models on the market, one listed at $775,000 and one at $850,000:
- (MLS# 245885) $775K
- (MLS# 259570) $850K
For more information on these and other Villages listings, contact us.
Beth Thoma Robinson, R(B)
January 4, 2013
Of course between the time you wrote this and the day it was published, the $775,000 Lehua has gone contingent! Crazy market, isn’t it?
Dan Fumento R(S)
January 4, 2013
Actually, I don’t see it as crazy, at least not in this case. Unit 304 in the Villlages listed at $775K has been on the market for 568 days. Living at the Villages, I know that 304 is in the least desirable location in the complex; right next to the shops with noise and strong smells from restaurants that affect that location. The fact that it has gone into escrow underscores the point that the market here is moving. Unit 522 is also a Lehua and is in escrow listed at $799.9K. My guess is it will close very close to that since it is in a great location on the greenbelt and near the amenities center. Only Lehua left on the market is at $850K. It makes sense to me.
Beth Thoma Robinson, R(B)
January 4, 2013
Of course between the time you wrote this and the day it was published, the $775,000 Lehua has gone contingent! Crazy market, isn’t it?
Dan Fumento R(S)
January 4, 2013
Actually, I don’t see it as crazy, at least not in this case. Unit 304 in the Villlages listed at $775K has been on the market for 568 days. Living at the Villages, I know that 304 is in the least desirable location in the complex; right next to the shops with noise and strong smells from restaurants that affect that location. The fact that it has gone into escrow underscores the point that the market here is moving. Unit 522 is also a Lehua and is in escrow listed at $799.9K. My guess is it will close very close to that since it is in a great location on the greenbelt and near the amenities center. Only Lehua left on the market is at $850K. It makes sense to me.