Waikoloa Beach Resort Properties For Sale

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.

The sugar industry dominated Hawaii for over 150 years, and it should be noted that sugar cane was one of the canoe plants brought from Polynesia to Hawai`i with the first Hawaiians. The crop came to the notice of the Western world with the first explorers of the islands. The first successful sugar plantation was in 1835 on Kauai and by the 1890s sugar cultivation was happening on 61,000 acres of land on the larger Hawaiian Islands. Labor was always an issue for plantation owners and beginning in the 1850s sugar companies recruited workers from mainly Asian nations such as China, Japan, and the Philippines. Later, sizable populations of workers also came from Portugal, Russia, Norway, and Korea. Sugar influenced the political developments in Hawaii’s history and sugar was one of the contributing factors that led to Hawai`i becoming a part of the United States. As time went on, the cost to produce sugar steadily climbed and it became cheaper to produce sugar in other countries. Many sugar plantations and mills closed throughout the 1980s to the early 2000s. In 2016, the last sugar company, Hawaiian Commercial & Sugar, closed its doors and the sugar industry in Hawai`i came to an end. Perhaps the most noticeable legacy of sugar in Hawai`i today is its multicultural population. Descendants of the plantation workers comprise Hawai`i’s unique population today.

There were no single-family homes sold since 2022.

Waikoloa Beach Resort saw three condominium sales in September with units averaging 96.24% of the Sale/Current price or $1,276,666.67. They averaged 26 days on the market, with the price per square foot averaging $996.

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

Condominium sales led the way at Waikoloa Beach Resort with 53 sales closing in 2023. Sales Prices ranged from $740,000 to $2.27M, averaging out at $ $1,019,764.14, with the Sale/Current Price at 97.85%. The units spent an average of 48 days on the market; cost per square foot averaged out at $814.

Take a walk down memory lane, or learn about Hawai`i’s historic sugar industry, during the Hamakua Sugar Days Festival in Honokaa, October 5 to 20. A highlight of this two-week celebration is the Hamakua Sugar Days Parade on October 12 at 10 a.m. down Mamane Street. The event commemorates the 30th anniversary of the final harvest at Hamakua Sugar and honors the hard work of all sugar workers throughout Hawai`i. In addition to the parade on Oct. 12 is an agriculture and sustainability fair, pumpkin patch and live music at the Honoka`a Complex Park. At the Honoka`a Heritage Center there will be exhibits, a cultural village and educational activities. All sugar workers and anyone with an interest in the long-running, colorful history of the sugar industry are invited. For more information, visit hamakuasugardays.org.

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