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?
The first orchids made their way to Hawai`i around the mid-1800s via Asia, and by the end of the 19th century, wealthy individuals and even Hawaiian royalty maintained orchid collections. Hawai`i became the epicenter of orchid breeding in dendrobium, vanda, cattleya, phalaenopsis, oncidium and other genera. But it was the 1957 World Orchid Conference that really put Hawai`i on the orchid map. That same year, the University of Hawaii started a research program focusing on the culture and production techniques of Dendrobiums. The “Hawaiian Lei” orchid has become the single most important commercial flower in the state through cut flowers, lei and potted plants and the many nurseries on Hawai`i Island’s east side prompted the nickname the “Orchid Isle.” Though the popularity of the nickname has faded, the island’s tropical plant industry – including orchids – continues to grow and contribute to the island’s economy.
August 2024 STATS
There were no home sales in August. One home sale closed at Hualālai Resort in July at 102.9% of the Sale/Current price or $9.010M. The residence spent zero days on the market and its price per square foot was $2,424.
There were no condo sales in August. Three condo sales closed in Hualālai Resort in June. All of them spent zero days on the market and brought in an average of 105.54% of the Sale/Current price or an average price of $4,516,666.67. The average price per square foot was $1,756.
WEATHER
2023 YEAR END MARKET STATS
Seven residences sold in Hualālai Resort in 2023. Prices ranged from $6.1M to $21M, with an average sales price of $12,885,714.29, or 93.83% of Sale/Current Price. The homes averaged just 14 days on the market and average price per square foot, land/building, was $2,815.
Sales on 13 condominiums closed at Hualālai in 2023, with prices ranging from $3.813M to $8.3M; the average sales price was $5,188,923.08. The units spent an average of 1 day on the market, commanding an average of 100.25% of Sale/Current Price. Per square foot prices averaged out at $1,802.
REAL ESTATE TIP
The Kona Test Drive
When people come to visit the Big Island of Hawai`i it’s not uncommon for them to fall in love with Paradise after the first visit. Many times, this...
HULALAI EVENTS
Orchid lovers won’t want to miss the Kona Orchid Society’s Fall Show and Sale on Saturday, September 21, 9 a.m. to 2 p.m. at the Makaeo County Pavilion, Old Airport Beach Park. The nominal admission fee includes many educational offerings, 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 cactus, 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. Food vendors will be on site offering tasty local favorites and free boxes will be available while supplies last to carry purchases. Attendees are invited to talk story with growers and on-site master gardeners for tried-and-true growing tips.
Location
Hualalai Resort
Video Tips
Hualālai Resort Real Estate
72-149 PAKUI ST, KAILUA-KONA, HI 96740
$8,250,000
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Statistics provided courtesy of Hawai'i Information Service.