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?
Each June 11, Hawai`i honors the chief who united the Hawaiian Islands – King Kamehameha. June 11 is recognized as a state holiday and celebrations of the king are held in communities around the state. Here are just a few historic highlights of the first and most famous of Hawai`i’s ali`i (royalty). *Kamehameha was born in North Kohala, the tip of the Island of Hawai`i. Before his birth, it was prophesized that he would become the greatest of all chiefs. Because of this prophecy, his life was threatened; to keep him safe his followers kept him hidden in a remote valley until the age of 13. *In 1795, Kamehameha fulfilled the prophecy, conquering and uniting the islands we know today as Hawai`i under one rule. He became King Kamehameha I and the founder of Hawai`i’s royalty. *King Kamehameha I established the first capital of the united Hawaiian Kingdom in Kailua-Kona at Kamakahonu, where he died in May of 1819. * Although there are several statues of Kamehameha situated around Hawai`i, the original statue of the king is located in Kapa`au, North Kohala. *For more on the celebrations surrounding Kamehameha Day, visit http://www.kamehamehadaycelebration.org/ and konaparade.org.
MAY 2022 MARKET STATS
A single home sale was recorded in the month of May with the sales price at $9.5M, 82.6% of the Sales to Current Price. The home was on the market for 90 days, and price per square foot of $2,025.
Two condominium sales were recorded in the month of May after zero days on the market. Prices were at 100% of the Sales to Current Price. One unit sold for $2.6M and the second sold at $3.9M. Average price per square foot was $1,386.
2021 YEAR END MARKET STATS
Eighteen homes sold in Hualalai Resort during 2021. Prices ranged from $4.225M to $34.5M with the average days on market at 59. The average Sale to Current price percentage came in at 96.7% with the price per building square foot ranging from $1,274 to $4,308.
There were 24 condominium sales in 2021. Average days on market were 79 and prices ranged from $1.4M to $8.25M, with Sale to Current Price percentages averaging at 97.7%. The price per building square foot ranged from $778 to $2,009.
REAL ESTATE TIP
The King Kamehameha Day Parade is returning! Mark your calendar for Saturday, June 11, at 9 a.m., and bring your beach chair down to Ali`i Drive to watch the pageantry. Marching units, floats, and the crowd-favorite pa`u riding units with princesses and escorts representing each of the islands. It is a beautiful sight and will be followed by a ho`olaule`a (celebration) at Hulihe`e Palace until 4 p.m. For more information on the event, visit konaparade.org.
Hualālai Resort Real Estate
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Statistics provided courtesy of Hawai'i Information Service.