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.

Cowboys, or paniolo in Hawaiian, first arrived in Hawai`i in 1832. These “vaqueros” were brought to Hawai`i Island by King Kamehameha III from Alta, California (then part of Mexico) to help manage the wild cattle herds and train Native Hawaiians in horsemanship. The cattle were brought to Hawai`i in 1793 by British navigator George Vancouver as a gift to King Kamehameha I, who saw the potential for these animals in Hawaii’s lush, fertile lands. However, with no natural predators, the cattle quickly multiplied and roamed freely throughout the islands until they began to pose a problem for the islands’ ecosystems. This is when the vaqueros stepped in, playing a crucial role in teaching Hawaiians the art of cattle ranching. They introduced lariats, saddles, and other essential tools and techniques for handling cattle. The Hawaiians, in turn, adapted these methods to suit their unique environment and needs. This cultural exchange laid the foundation for what would become the Paniolo way of life. The term "paniolo," the Hawaiian word for cowboy, is believed to be derived from the Spanish word "español," meaning Spanish or Spaniard, reflecting the vaqueros' Spanish language.

There have been no single-family homes sold since 2022.

Waikoloa Beach Resort recorded five condominium sales in April with units averaging 98% of the Sale/Current price or an average price of $1.188M. On the market an average of 81 days, the units’ price per square foot averaged $827.

There were no single-family home sales in Waikoloa Beach Resort in 2023 or 2024.

Condominium sales led the way at Waikoloa Beach Resort with 54 sales closing in 2024. Sales Prices ranged from $700,000 to $3.1M, averaging out at $1,254,527.78, with the Sale/Current Price at 98.31%. The units spent an average of 39 days on the market; cost per square foot averaged out at $954.