mauna lani terrace: New Listing at Mauna Lani Terrace Looks Priced to Sell
- 05/16/11 06:08 PM
A new listing released today at Mauna Lani Terrace looks priced to sell at $1,695,000. I say it is "priced to sell" because (1) it is a coveted third floor "penthouse", as were all three of the Mauna Lani Terrace condos sold so far in 2011, and (2) it is priced very close to where the two bedroom units actually sold...and (3) the list price is $100,000 below the asking price of the other 3rd floor Mauna Lani Terrace condo in the "D' Building, which is also for sale.
Ocean view from Mauna Lani Terrace D Building (MLS 244065 and … (2 comments)
mauna lani terrace: Mauna Lani Point Holding Values
- 03/14/11 04:17 PM
View from Mauna Lani Point 2-bed condo which sold last week for $2.1 million--a recent high price. Mauna Lani Point condos for sale are holding their value. The surprise of last week was the sale of Mauna Lani Point E202--technically not on the market--for $2.1 million. This is the first time an ocean view 2-bedroom has cracked the $2 million mark in 3 years and is an indication of a gradually strengthening market. Mauna Lani Point owners simply have not given in to the effects of distress sale pricing that have hit newer oceanfront and ocean view condo communities on … (3 comments)
Mauna Lani Terrace is situated on the resort's famous fish ponds...this photo taken from the path to the Beach Club There are discerning buyers who tell me they consider Mauna Lani Terrace the most desirable condominium property on the Kohala Coast. It was the first condominium complex built at the Mauna Lani Resort, and therefore grabbed the best location, walking distance from the Mauna Lani Beach Club and hotel. With many of the current owners having purchased long before the recent real estate boom, the short sales and REOs that plague newer projects have not affected prices at Mauna … (4 comments)
mauna lani terrace: Halii Kai Foreclosure, Short Sale and Developer Update - February 2011
- 02/25/11 12:18 PM
Even the buyer of foreclosure Halii Kai 24C (MLS 242791) can walk down to the Ocean Club for sunset At the beginning of January I wrote a review of Halii Kai condo short sale and foreclosure activity and although this is titled February update, I have to confess that 7 weeks have passed. Since my previous post, all of the action has been in short sales, REOs, and DEVELOPER inventory, hence the revised title of this post. The activity over the past couple of weeks contains a few surprises. SOLD SURPRISE There was only one closed sale during this time … (1 comments)
mauna lani terrace: Mauna Lani Terrace Condo Under Contract
- 08/24/10 01:36 PM
The two Mauna Lani condo communities closest to the Beach Club and the water are Mauna Lani Point and Mauna Lani Terrace. Although I have a backlog of prospective buyers drooling for an opportunity to purchase one at distressed pricing, it ain't happening. You see, these communities are mature and very few changed hands during the recent feeding frenzy. There are certainly owners whose life circumstances have changed and who therefore want to sell, but they are willing to wait rather than drop to match the deep discounts seen on short sales and foreclosures at other, newer resort developments. I had … (1 comments)
Related Links:
Beth Thoma Robinson
R(B) SFR - Hawaii Island Luxury Resort Real Estate
Why Hawaii? Why the Big Island? Why turn left from the Kona airport and head north to Kohala? And which community fits your lifestyle or investment strategy? Luxury residence, retirement home, resort second home, oceanview building site or agricultural property, we've got them all! Hawi Realtor Beth Thoma Robinson blogs to help you sort through your choices.
A new listing released today at Mauna Lani Terrace looks priced to sell at $1,695,000. I say it is "priced to sell" because (1) it is a coveted third floor "penthouse", as were all three of the Mauna Lani Terrace condos sold so far in 2011, and (2) it is priced very close to where the two bedroom units actually sold...and (3) the list price is $100,000 below the asking price of the other 3rd floor Mauna Lani Terrace condo in the "D' Building, which is also for sale.
;)
;)
;)
