Honua Kai Resort and Spa Closes More Than $54 Million in Real Estate Sales in 2011

Honua Kai Resort and Spa Closes More Than Million in Real Estate Sales in 2011

Honua Kai Resort & Spa, the only new, whole ownership opportunity on Kaanapali Beach in more than 25 years, has closed more than $ 54 million in real estate sales with 75 new home transactions in 2011. The property, located on 38 acres of West Maui shoreline, has quickly become a popular destination for both leisure travelers and potential homeowners alike.

Since opening in 2009, Honua Kai Resort & Spa has sold and closed more than 410 units resulting in more than $ 518 million in real estate sales. Playground Destination Properties Inc., Real Estate Broker for Honua Kai Resort & Spa has noted recent purchasing trends from residents hailing from the Canadian provinces of British Columbia and Alberta, in addition to the western United States cities of Seattle, San Francisco, Los Angeles and San Diego.

“We are very pleased with the number of real estate sales at Honua Kai this past year,” said Susan Jackson, director of sales for Playground Destination Properties Inc. (Playground). “Those who decide to purchase a luxury condo at Honua Kai recognize the exceptional value they are receiving, incredible amenities and outstanding location on the Kaanapali Beach front.”

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