Mauna Lani Terrace is situated on the resort's famous fish ponds...this photo taken from the path to the Beach Club There are discerning buyers who tell me they consider Mauna Lani Terrace the most desirable condominium property on the Kohala Coast. It was the first condominium complex built at the Mauna Lani Resort, and therefore grabbed the best location, walking distance from the Mauna Lani Beach Club and hotel. With many of the current owners having purchased long before the recent real estate boom, the short sales and REOs that plague newer projects have not affected prices at Mauna Lani Terrace or nearby Mauna Lani Point. While some owners may have refinanced at the peak, that is just one more reason for sellers to hold firm on their asking prices. Consequently, there is never m... 03/01/2011