ABOUT
Kūki‘o Golf and Beach Club is a private, residential equity club on the Kona-Kohala coast. Club membership is exclusive to residents and includes a full service clubhouse, spa and fitness facility, dining, 10-hole Tom Fazio-designed Short Course, and ocean sports program. There is also an 18-hole Tom Fazio-designed Championship Golf Course up mauka (mountain). Situated on 675 acres, the community includes 143 home sites.
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
A single sale was recorded in Kūkio during the month of October, closing at $8.4M, 98.8% of the Sales to Current Price. Price per square foot was $1,894.
WEATHER
2021 YEAR END MARKET STATS
Single family homes were a hot item in the Kukio community in 2021 with 21 homes selling. List Prices ranged between $5.85M and $34M, with the homes being on the market an average of 144 days. On average homes brought in 96.8% of the Sale to Current Price and an average of $1,927 per square foot.
Three condominium sales in 2021 ranged in Sale Prices from $6M to $7.99M. Days on market averaged out to 64, with a healthy average Sale to Current Price of 98%. The price per square foot ranged from $2,279 to $3,736.
REAL ESTATE TIP
Election Year Real Estate
Here we are again in an election year! Every two years the market gets a little wacky. As I reviewed my notes from the last 16 years I can see there...
KUKIO EVENTS
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
Location
Kukio Resort
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Kūki‘o Resort Real Estate
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- Sold: $2,650,000
- Sold Date: 2022-11-10T10:00:00Z
- Sold: $8,400,000
- Sold Date: 2022-10-14T10:00:00Z
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Statistics provided courtesy of Hawai'i Information Service.