Kamuela, HI 96743,68-1118 NORTH KANIKU DR #1201
Kamuela, HI 96743,68-1118 NORTH KANIKU DR #1201
Kamuela, HI 96743,68-1118 NORTH KANIKU DR #1201
Kamuela, HI 96743,68-1118 NORTH KANIKU DR #1201
Kamuela, HI 96743,68-1118 NORTH KANIKU DR #1201
Kamuela, HI 96743,68-1118 NORTH KANIKU DR #1201
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$ 10,950,000
Est. payment | /mo

2 Beds

2 Baths

1,331 SqFt


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$ 10,950,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,331 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,331 sqft

Price per Sqft $8,226

Subdivision Mauna Lani Resort

MLS Listing ID 722556

Bedrooms 2

Full Baths 2

HOA Fees $15,458/mo

HOA Y/N Yes

Year Built 2022

Annual Tax Amount $2,199

Tax Year 2024

Property Sub-Type Condominium

Source Hawaii Information Service

Property Description

Kulalani at Mauna Lani is a residential condominium development located within the prestigious Mauna Lani Resort area on the Kohala Coast of the Big Island of Hawai‘i. The project includes multiple two-story buildings featuring attached townhome-style units with high-end resort finishes, access to resort amenities, and proximity to world-class beaches, golf courses, and shopping.

As of the current development status, four buildings within the project remain uncompleted and are being evaluated on a land residual basis:

Building 12 consists of 6 units and is approximately 75% complete. The vertical structure is in place with the roof installed and demising walls constructed. Interior finishes such as flooring, kitchen and bathroom fixtures, as well as exterior landscaping, remain to be completed. The building contributes significantly to the current value due to its advanced stage of construction.

Building 13 also comprises 4 units and has a completed concrete slab foundation. However, no vertical construction has begun. The existing slab is assigned no contributory value for valuation purposes, as it may not meet future structural requirements and could require removal or modification.

Building 14 includes 6 units and is in the earliest physical development stage, with only batter boards and limited underground utilities installed. This preliminary groundwork is assigned no contributory value, as it provides minimal current utility or savings for future construction.

Building 15 consists of 6 units and has no visible groundwork to date. However, the site is fully improved with access to utilities, roads, and overall development infrastructure, providing a foundation for future vertical construction.

These remaining buildings represent a development opportunity within a successful resort project, with existing infrastructure and entitlements in place.

Location

State HI

Community Mauna Lani Resort

Area Hi

Building/Complex Name KULALANI AT MAUNA LANI

Zoning RM-4

Region South Kohala

City Region South Kohala

Interior

Appliance None

Exterior

Parking Features Other

Utilities Available Electricity Available, Other, Underground Utilities, Water Available

View Y/N No

Water Access Desc Public

Topography Level

Garage No

Private Pool No

Land Tenure Fee Simple

Waterfront YN false

Building

Lot Description Cul-De-Sac

Sewer Other

Project KULALANI AT MAUNA LANI

Others

Ownership CPR

Monthly Total Fees $15, 458

Acceptable Financing HIS Other

Listing Terms HIS Other

Special Listing Condition Fee Simple, Real Estate Owned

Hawaii Information Service (HIS)
Listed by Refocus Realty LLC

Get More Information

agent

Jennifer Bien

+1(808) 938-3052

Agent | License ID: RB-24077

Agent License ID: RB-24077

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