Luxury Home Development
Ke Kailani @ Mauna Lani Luxury Homes, Kona, Big Island of Hawaii In 2020, Tower purchased, REO, the fee simple interest in a luxury project in Mauna Lani Resort Community on the Big Island of Hawaii. The project includes 36 luxury home lots inclusive of a single residence. The price paid for the remaining lots in the subdivision was less than 50% of replacement cost. Tower will build luxury homes in 6 phases over the next 4 years in starting price ranges from $2.9M - $5.9M. The project has an oceanfront club (picture above) and a second family fitness pool area club located in the interior of the subdivision.