Hawaii’s Hualalai Resort Celebrates 25th Anniversary With Record Sales Year

At the start of the pandemic, canceled escrows, withdrawn listings and price cuts plagued Hawaii’s real estate market, and the future of the country’s most expensive state was utterly uncertain.

“Covid19 pandemic [has been] described as a “Black Swan” event – rare, unpredictable and impactful. For this reason, it is difficult to predict when a ‘new normal’ will stabilize for Hawaii’s economy and real estate market,” noted luxury real estate expert Jeanna Rimmer of Hawaiian life in April 2020.

Fast forward to today and the “new normal” has not only revived the Hawaiian market, but taken it to record highs.

Total sales in the luxury market, or homes over $3 million, saw a 234.5% increase over 2020 and the ultra-luxury market for homes over $10 million saw a 602% increase in deal value.

“The volume and speed of the Hawai’i real estate market has shattered all historical records and standards previously held,” Hawai’i Life CEO Matt Beall said in the company’s statement. Luxury Market Report 2021.

Contributing to these historic figures has been a banner year for the private luxury community, Hualalai Resortwhich reached over $284 million in residential sales.

Nestled along the secluded Kona-Kohala Coast on the island of Hawai’i, Hualalai Resort celebrated its 25th anniversary in 2021 with over $3.3 billion in total sales.

The 865-acre resort community closed the year with 41 properties sold, including a six-bedroom mansion on Waiulu Street that was purchased for $30.2 million – the most expensive home ever sold in Hualalai.

But records are made to be broken, and a new listing of 38 million dollars located on the eastern tip of the resort may be about to do just that.

The 11,176-square-foot residence offers the best of indoor-outdoor living with massive moveable glass walls that open to a variety of outdoor spaces, including a covered lanai, sprawling lawn, and impressive infinity pool. vaulted. Other highlights include a movie theater, golf simulator, and massage spa.

Panoramic views center on the ocean as well as two holes at Tom Weiskopf-designed Ke’olu Golf Course and three holes of Jack Nicklaus-designed Hualalai Golf Course,

While many properties in Hualalai offer similar luxury amenities at home, residents also have full access to members-only facilities. These perks include an award-winning health club, the Hualalai Spa, and the new Hualalai Golf Hale, a 3,000 square foot instruction and practice facility with private lessons and state-of-the-art swing analysis technology.

In addition to these exclusive amenities, residents also have access to the many offers found at Four Seasons Hotel in Hualalai, from restaurants to spas to King’s Pond, a 1.8 million gallon swimmable aquarium. The resort recently introduced a $100 million+ top-to-bottom transformation that updated the aesthetic while maintaining traditional Hawaiian designs.

So while the future is never certain, history has shown that the first-class amenities, tropical lifestyle and beauty of Hawaii will continue to draw interested buyers to Hualalai for years to come.

Hawai’i Life is an exclusive member of Forbes Global Propertiesa consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

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