KAI IOH | Jan 2026
Over the past five years, I’ve watched luxury resort markets surge, pause, and recalibrate. Hualālai has done none of that. It has remained quietly resilient, tightly held, and extraordinarily scarce. That context matters as I introduce Hainoa Villa 2903A/#15, an entry-level offering under $4M within the world-renowned Four Seasons Hualālai Resort.
Listings like this are rare. Timing like this is rarer.
Why Hualālai Real Estate Has Remained Resilient Since 2020
Since 2022, nearly every Hualālai villa or condominium that has sold did so before ever reaching the open market. That is not an accident.
The driver is simple: scarcity paired with lifestyle certainty.
During the pandemic years, many high-net-worth individuals realized that with a private jet and reliable connectivity, they could live and work anywhere. When geography becomes optional, the decision shifts to quality of life, privacy, and long-term value. Hualālai delivers all three, consistently.
Inventory is limited by design. Ownership turnover is low. And most owners are long-term holders. When something does come available, the buyer pool is educated, decisive, and ready.
Private Resort vs Membership Resort: A Common Misunderstanding
One of the most common misconceptions I hear is the difference between a private resort and a membership resort. At Hualālai, there is effectively no difference.
Only real estate owners are eligible to apply for membership. There is no path to membership without owning property inside the resort. That structure protects the experience. It limits usage, preserves privacy, and maintains the quality of amenities over time.
This is a core reason why Hualālai continues to attract ultra-high-net-worth buyers from the mainland U.S. and internationally.
Introducing Hainoa #15: Elevated, Private, and Exceptionally Livable
Hainoa Villa #15 $3,995,000. Located at highest vantage point in Hualalai Resort.
Hainoa #15 stands out well beyond its price point.
This single-level, two-bedroom, two-bath corner villa is positioned in an elevated area of the resort, which creates three tangible benefits buyers immediately notice:
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Ocean views with sunset exposure
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Excellent airflow and trade winds, reducing the need for air conditioning
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Enhanced privacy, thanks to its corner and garden-level orientation
The great room opens to a covered lanai through pocketing doors with rich mahogany shutters. Outdoor entertaining is effortless, with a built-in Wolf BBQ, granite countertops, and a Sub-Zero refrigerator.
Beautiful Ocean Views from Hainoa Villa #15
The primary suite is thoughtfully designed, featuring a private ocean-view lanai, a spa-style bath with soaking tub, dual vanities, and one of Hualālai’s signature features: an outdoor shower garden.
The villa is offered turn-key furnished, includes a one-and-a-half-car enclosed garage, and comes with a four-seat golf cart, making ownership seamless from day one.
Spacious Primary Bedroom. Hainoa Villa #15
Why Location Within Hualālai Matters
Within a resort like Hualālai, micro-location is everything.
Hainoa #15 is a short walk or golf cart ride to the Members-only Ke‘olu Clubhouse, a meaningful advantage for daily living. It reinforces the feeling of belonging to a private club rather than a hotel-centered environment.
Hualālai offers two championship 18-hole courses:
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Ke‘olu Course, exclusive to members
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Jack Nicklaus Signature Course, shared with Four Seasons hotel guests
I regularly play golf and dine at Hualālai with clients and family. I’ve also attended the Mitsubishi Electric PGA Championship here several times, including years where I was fortunate to experience the event from a VIP perspective. Our wedding reception was even hosted at a client’s home within Hualālai, which made the resort especially meaningful for our family.
Keolu Golf Course
These experiences are why I’m selective about how I describe Hualālai. It’s not theoretical. It’s lived.
Lifestyle Flexibility: A Rare Advantage
Another important point for buyers is that vacation rentals are allowed under Four Seasons Hualālai Resort guidelines. That flexibility is increasingly uncommon among private club resorts in Hawaii and adds an additional layer of appeal for second-home owners.
Membership in The Hualālai Club is optional and purchased separately. The current structure includes a $350,000 deposit and approximately $75,000 in annual dues.
Hualālai Market Context: Scarcity in Numbers
To understand how rare Hainoa #15 truly is, consider recent data:
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7 Hualālai condos sold in 2025, with 6 selling before hitting the market
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Median condo price: $8.5M, up 89% since 2020
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Median price per square foot: $2,555, up 39%
Single-family homes tell a similar story, with a 2025 median of $14.5M.
Against this backdrop, an entry-level opportunity under $4M is notable.
A Hualalai Resort home sold by KE Team.
Hualālai Resort: Buyer Questions Answered
Is Four Seasons Hualālai a private resort?
Yes. While the Four Seasons operates the hotel, Hualālai functions as a private, ownership-based resort. Only real estate owners are eligible to apply for membership, which preserves privacy and access control.
What is the difference between a private resort and a membership resort?
At Hualālai, there is no practical difference. Membership is tied to property ownership. You cannot join without owning real estate within the resort.
Can you rent out a villa at Hualālai?
Yes. Certain residences, including Hainoa Villas, allow vacation rental under Four Seasons Hualālai guidelines.
What is the most affordable way to buy at Hualālai?
Historically, entry-level villas such as Hainoa represent the lowest price point into the resort while still offering ocean views, privacy, and full ownership benefits.
Final Thoughts
Hualālai is not simply a place to own property. It is a carefully protected lifestyle defined by privacy, consistency, and long-term value. Hainoa #15 offers a thoughtful entry into that world without compromise on view, location, or livability.
For buyers exploring private resort ownership on the Big Island, this is a residence worth understanding.
Kai Ioh | January, 2026
If you’d like to discuss Hualālai, private club ownership, or this opportunity in more detail, I’m always happy to share perspective and insight.
Here is the Hualalai Resort Collection to see the listing information.
Our past blog about Private Resorts.
KE Team Hawaii, Kai, and Emil at Hualalai Resort, Big Island, Hawaii