Big Island Resort Real Estate on the Kohala Coast Heats Up

Brookfield Homes Hawaii experiences an increased demand for single family and paired resort homes due to shortage of new inventory on the Big Island of Hawaii.

Danville, CA, March 13, 2011 --(PR.com)-- Brookfield Homes Hawaii (www.brookfieldkamilo.com) announced an increased demand for new single family and paired homes on the Kohala Coast in the first quarter of 2011 over previous months. The Hawaii real estate developer reported increased sales activity at KaMilo at Mauna Lani Resort, a private gated community of 137 homes on the golf course that is located on the Kohala Coast.

“It’s becoming more and more difficult to find new single family and paired homes on the Kohala Coast, particularly in prime resort locations on the golf course. We are seeing more and more buyers that want to take advantage of historically low rates and low prices to buy a second home or a retirement home. Our community at KaMilo offers a highly desirable location within the Mauna Lani Resort, and that is really driving demand,” says Jeff Prostor, President of Brookfield Homes Hawaii.

KaMilo recently experienced a sellout of its previous phase and construction has begun on several homes in a new phase that is scheduled for completion in summer 2011. Homes that are currently being built in the new release include several prime locations overlooking the Mauna Lani North Golf Course.

“Buyers are excited about the new homes currently under construction because they can still select their own finishes and upgrades. This ability to choose custom finishes is one of the biggest advantages of buying a new home over a resale home. Our customers appreciate having that choice again,” says Prostor.

The KaMilo community offers three and four bedroom homes in a private neighborhood within the Mauna Lani Resort. Residents enjoy an exclusive recreation facility including a fitness center, a lap pool, a large family pool, and two outdoor spas. The adjacent open-air gathering pavilion is well equipped for outdoor bbqs and entertaining.

Residents of KaMilo also enjoy access to the Mauna Lani Private Beach Club and discounts on golf and spa services within the resort.

Model homes at KaMilo are open daily from 10 a.m. to 5 p.m. at 68-1122 North Kaniku Drive Kamuela, Hawaii 96743. The KaMilo Sales Concierge is available 7 days per week by phone at (888) 898-5883 or by Live Chat at www.brookfieldkamilo.com.

About KaMilo at Mauna Lani

KaMilo at Mauna Lani is a joint venture resort community between Brookfield Homes Hawaii, Inc. & A&B Properties, Inc. Award-winning Brookfield Homes Hawaii, Inc. offers luxury resort communities on the Islands of Hawaii including KaMilo at Mauna Lani (Island of Hawaii), Nihilani at Princeville (Island of Kauai) and PiliMai at Poipu (Island of Kauai). Brookfield Homes Hawaii understands the unique resort lifestyle and the signature design aesthetic of the Hawaiian Islands.

A&B Properties, Inc., a subsidiary of Alexander & Baldwin, Inc., is one of Hawaii’s largest private landowners (www.abprop.com). Alexander & Baldwin, a Hawaii company operating in the Hawaiian Islands for over 140 years, is involved in land development, agriculture and ocean transportation.

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Brookfield KaMilo
Dawn Sadler
888-898-5883
www.brookfieldkamilo.com
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