A new development has been announced on the island of Hawaii in Hapuna Estates, a gated community within the five-star Mauna Kea Resort.
One section of the project, Panorama at Mauna Kea Resort, will include 36 duplex condos ranging in price from $4m to $6m.
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Another subdivision, “The Vista at Mauna Kea Resort,” will include 14 homes located on an adjacent 17 acres priced in the range of $17m to $20m.
Buyers will have the opportunity to purchase finished lots, whole homes, or they can purchase co-ownership with as little as 25% ownership of a home.
Construction is slated to begin by mid-2024, with the first properties to be delivered in late 2025.
Recently, 98 rooms at the Westin Hapuna Beach Hotel in the Mauna Kea Resort were converted into The Hapuna Beach Residences development, consisting of 68 condominiums that reportedly generated $270m of sales and five resales.
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By GlobalDataMauna Kea Resort was created by resort management company RockResorts in 1960 as part of a project of environmentally focused properties on various islands of the Caribbean and along the Kohala Coast of Hawaii.
The resort is now part of Marriott’s Autograph Collection and has been inducted into the Historic Hotels of America programme.
