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The developer of the Hapuna Beach Residences has opened some of the luxury condominium units to guests as vacation rentals at the Mauna Kea Resort property on Hawaii Island. 

BRIAN E POWERS/EAST WEST HOSPITALITY

The beachfront units, which range from studios to four-bedroom units, are managed by Prince Resorts Hawaii’s Mauna Kea Residences in partnership with East West Hospitality of Colorado, with rates ranging from $700 per night to $4,000 per night.

“East West Hospitality is thrilled to be able to add these thoughtfully designed residences to our growing inventory of luxury vacation rentals,” East West Hospitality CEO & President Colleen Weiss-Hanen, said in a statement. “The Hapuna Beach Residences offer a truly private & exclusive vacation experience in this coveted destination.”

Sales of the Hapuna Beach Residences — 68 luxury condo units in a former tower of what is now the Westin Hapuna Beach Resort — began in 2018. Sales of 24 of the units have closed in 2020 and 2021 for prices ranging from $1.5 million to $7.99 million, according to public records.

The developer, La Jolla, California-based West Point Investment Corp., is using the remaining units for the vacation rental pool.

West Point Investment Corp., and financial partner Angelo, Gordon & Co. of New York bought the hotel’s beachfront tower and 8,000-square-foot Hapuna Beach Villa, which the hotel had marketed as its presidential suite, in 2016 for $65 million.

Upper floor unit B building

The project was designed by deReus Architects and Philpotts Interiors and built by Metzler Contracting Co. LLC .

The four-bedroom Hapuna Beach Villa was listed for sale at $18.99 million and sold for $16.5 million in December 2019, according to public records. The buyer was an entity owners by Hideki Tomita, founder and CEO of Tokyo-based Dip Corp., which operates a job information and recruiting website in Japan. By Janis L. Magin  –  Senior Editor, Pacific Business News Feb 19, 2021 Updated Feb 22, 2021, 9:01am HST

Visit all Hapuna Beach Residences currently available for sale by clicking this link.

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