ABOUT
The 1,350 acre master planned Waikoloa Beach Resort is located on the Kohala Coast and features two luxury resort hotels (The Waikole Beach Marriott and the Hilton Waikoloa Village) and two 18-hole golf courses to which residential owners are welcome to apply. In addition to the wide range of hotel and resort amenities, Waikoloa features two shopping centers, The Queens’ Marketplace and Kings’ Shops, and over 30 different dining options. The resort offers a wide range of accommodation options, including the Lava Lava Beach Club Cottages, and multiple condominium developments including Fairway Villas, Hali i Kai, Kolea, Shores at Waikoloa, Vista Waikoloa, Waikoloa Beach Villas, and Colony Villas.
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 homes sold since 2022.
Waikoloa Beach Resort posted four sales in the month of April. Prices ranged from $890,000 to $1.14M, representing an average of 94.5% of the Sale/Current Price. The units averaged 32 days on the market and a price per square foot of $840.
WEATHER
2022 YEAR END MARKET STATS
There was just one home sale in Waikoloa Beach Resort during 2022. It was on the market for 123 days and closed at a sales price of $7.050M, 97.2% Sale/Current Price. Cost per square foot was $1,416.
Condominium sales at Waikoloa Beach Resort were hot in 2022 with 82 sales closing. Sales Prices ranged from $480,000 to $3.795M, averaging out at $1,265,835, with the Sale/Current Price at 100.3%. The units spent an average of 16 days on the market; cost per square foot averaged out a $892.
REAL ESTATE TIP
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WAIKOLOA EVENTS
After a three-year pandemic pause, Honoka‘a Western Week is riding into town May 19-29 to celebrate the community’s paniolo heritage. There will be a roundup of friendly competitions, ‘ono food, music, dancing, storytelling, keiki games, and Hāmākua’s special breed of cowboy culture. Grand Marshalls for this yearʻs parade on Saturday, May 20, are long-time Hāmākua and paniolo people, Waltham and Bernadette Johansen. The parade segues into a Block Party which includes a Saloon Girls and Cowboys Got Talent Contest, along with food trucks, vendor booths, and boot-stompin’ music by the Saddle Road Band. The ever-popular and lip-licking Portuguese Bean Soup Contest returns on Tuesday, May 23, at Ahualoa Family Farms Mac Nut Factory. New this year, is the Smoke Meat Contest. Honoka`a Western Week will also hold a Silent Auction as a virtual online event, from May 19-29. Over the last three years, funds raised by the Silent Auction have helped connect the island community of today with its agricultural and paniolo roots, and support scholarships for local youth. The bidding site will open Friday, May 19 at 7 p.m. and close on May 29 at 7 p.m. Except for a nominal charge for rodeo admission, events are free, and everyone is encouraged to join in the fun. Collectible HWW buttons will be available to purchase for $5 as a show of support, as well as “insurance.” Although buttons are not required for admission, attendees receive fair warning that those without buttons at the Block Party risk being thrown into the hoosegow by roving sheriffs. (All in good fun). For more information, honokaawesternweek.org.
Location
Waikoloa Beach Resort
Video Tips
Waikoloa Beach Resort Real Estate
- Display Address: 69-555 WAIKOLOA BEACH DR WAIKOLOA 96743
- Price: $1,095,000
- Display Address: 69-555 WAIKOLOA BEACH DR WAIKOLOA 96743
- Price: $990,000
- Display Address: 69-200 POHAKULANA PL WAIKOLOA 96738
- Price: $1,200,000
- Display Address: 69-555 WAIKOLOA BEACH DR WAIKOLOA 96743
- Price: $1,185,000
- Sold: $890,000
- Sold Date: 2023-05-25T10:00:00Z
- Sold: $740,000
- Sold Date: 2023-05-04T10:00:00Z
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Statistics provided courtesy of Hawai'i Information Service.