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Kohanaiki sells a staggering $17,360,000.00, in its first release!
 
Aloha,
 
Lance Owens (RS) here with LUVA Real Estate, asking the question. How is the economy doing? Just take a look around you - Kailua Kona land sales (not including these) were up 200% last month - can you imagine what these sales will do to the June numbers! 4 sales, all cash, for a total of $17,360,000 - day one! 
Just for the heck of it, let me check last June numbers...... hold on, computer running slow......
here it is, last June saw "7" sales - total - for an amount of $4,268,000 - that is about the average of just one sale this month. 
Here is the developer description:  
Kohanaiki is situated on roughly 450 acres of land with over a mile and half of beach fronting one of Hawaii's most productive sport fishing grounds, affectionately known as ‘ono lane’, and the Big Island’s finest surfing beach. Kohanaiki is remarkably different from its predecessors, and is the first new development of its type on the Big Island in nearly a decade. The residential community & Kohanaiki Club are built around luxury, sustainability and world-class amenities.The Rees Jones designed golf course featuring six oceanfront holes, more than ... more

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