ABOUT
Located on the Kona-Kohala Coast, this 865-acre, Five-Star Four Seasons property features pristine white sand beaches and a black-lava landscape. The master-planned residential community includes access to the resort’s Hualalai Club which includes the 18-hole, Jack Niklaus-signature championship golf course, tennis, watersports, as well as the resort’s world-class dining and spa. The community features single family estate homes, condominiums/villas and vacant estate lots.
DID YOU KNOW?
May Day is Lei Day in Hawai`i! May Day celebrations in Hawai`i got their start in 1928 when a writer from Oklahoma joined forces with another Hawaii newspaper writer and came up with the idea of honoring the tradition of the lei. On May 1, 1928, the first Lei Day was held on Oahu in the lobby of Bank of Hawai`i and featured a lei competition featuring the flowers and colors of the islands as designated in 1923 by Hawaiʻi’s Territorial Legislature. Ever since this inaugural lei competition in 1928, Hawai`i continues to celebrate May Day with lei competitions, May Day courts, mele, and hula. Keep an ear out for May Day programs around the island. Several of the shopping centers in Kona and on the Kohala Coast are holding special events. The Waikoloa Beach Resort held a lei-making event with the goal being to create a 5-mile-long lei.
APRIL 2023 STATS
There were no single-family home sales in April, 2023. Two home sales closed in Hualālai in the month of March after an average of six days on the market. The homes sold at an average of 96.9% of the Sale/Current Price; one closing at $6.1M and the other at $7.5M. The price per square foot averaged at $1,915.
One condominium sale recorded in April after zero days on the market and at $4.3M or 98.9% of the Sale/Current Price. The price per square foot was $1,689.
WEATHER
2022 YEAR END MARKET STATS
Seven residences sold in Hualālai Resort in 2022. Sales prices ranged from $5.55M to $16.7M, with an average sales price of 12,046,429, or 97.8% of Sale/Current Price. The homes averaged just 47 days on the market and average price per square foot was $2,324.
Sales on 13 condominiums closed in 2022 with sale prices ranging from $2.510M to $8M, the average sales price was or $4,229,462. The units spent an average of 3 days on the market, commanding an average of 100.9% of Sale/Current Price. Per square foot prices averaged out at $1,726.
REAL ESTATE TIP
Don’t Buy in Hawaii for Cash Flow
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HULALAI EVENTS
Just in time for Mother’s Day, the Kona Orchid Society Spring Show & Sale is 9 a.m.-2 p.m. Saturday, May 13, at the Makaeo County Pavilion at the Old Kona Airport State Recreation Area in Kailua-Kona. Admission is $2 cash and includes a host of educational offerings. Featured are a display of blooming orchids by club members and a sale presenting a wide selection of healthy plants from Hawai‘i Island growers. In addition to numerous orchid varieties, choose from cacti, succulents, air plants, bonsai, protea, fruit trees, exotic tropicals, water plants, herbs, vegetable starts, and bedding plants. Jams, jellies, arts and crafts, and high-fire functional stoneware will also be sold. Four food vendors will be on site offering local favorites and free boxes will be available while supplies last to carry purchases. Attendees are invited to talk stories with growers and on-site master gardeners for tried-and-true growing tips. Molly Murphy of Plant Pono presents an informative display covering invasive plant species and will guide attendees on the right (“pono”) planting choice for their landscape. Other educational offerings include:10 a.m. - Melody Euaparadorn of the University of Hawaii’s Hawaii Ant Lab will discuss fighting little red fire ants; 11 a.m. - Orchidist Keith Kaufman demonstrates basic plant culture and repotting orchids; Noon - Phoenicia Zeller delves into landscaping with orchids and answers questions.
Location
Hualalai Resort
Video Tips
Hualālai Resort Real Estate
- Display Address: 72-166 KE ALAULA ST KAILUA-KONA 96740
- Price: $9,500,000
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- Sold: $21,000,000
- Sold Date: 2023-05-17T10:00:00Z
- Sold: $4,300,000
- Sold Date: 2023-04-28T10:00:00Z
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Statistics provided courtesy of Hawai'i Information Service.