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?
Kona Coffee is a tradition and an industry unique to the Kona area of the Big Island. Each November, Kona celebrates the harvest of the year’s crop with the Kona Coffee Cultural Festival – a wonderful 10-day program of events that showcases the crop and the history of the people who farm the world-renowned coffee. The first coffee was planted in Kona by missionary Samuel Ruggles around 1828; these first arabica trees were taken from cuttings planted on Oahu a few years earlier. Coffee trees and Kona were a perfect match; the trees thrived in the rich, volcanic soil and perfect climate conditions and were carefully tended by hardworking family farmers. Working the coffee fields is a labor of love as everything, from planting to picking, is done by hand. The early, large coffee plantations soon gave way to smaller, family-run coffee farms. Today there are families – many of them of Japanese ancestry – who are fifth-generation coffee farmers and coffee continues to be one of Kona’s economic mainstays and a highlight of the island’s agricultural industry.
OCTOBER 2022 STATS
No single-family homes were sold in September or October.
One condominium sold in the month of September at $4.43M, 105.5% of the Sales to Current Price. The unit had zero days on the market and the average price per square foot was $1,398
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 annual Kona Coffee harvest is in full swing and the annual Kona Coffee Cultural Festival will begin on Friday, November 4, with “First Festival Friday and Lantern Parade.” An afternoon of events at Hale Halawai Pavilion on Ali`i Drive, starting at 2 p.m., will be followed at 6 p.m. by the Lantern Parade along Ali`i Drive, from the Kailua Pier to Hale Halawai. Join in the glowing procession of lights, music and color!The Festival continues through November 13 with activities, a recipe contest, coffee farm tours and tasting. For more information visit konacoffeefest.com
Hualālai Resort Real Estate
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