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$35,000,000
715536 MLS ['Fee Simple'] Tenure
Within the Resort Node, STVR allowed 420 single-family or multiple-family units, of which 39 were completed and sold. Offering includes 58 acres zoned RM-6 & RM-8, 4.853 acres Commercial CV-10, one house lot, and 175.64 acres Open District. The property consists of 40 tax map key parcels. The property is entitled to the development of up to 420 residences on 125 acres, for a total of 252 acres. The property has been foreclosed and is now owned by the lender. The former developer obtained final subdivision approval for forty (40) lots in Phase 1 (Increment 1) and completed and sold 39 homes. One of the lots remains vacant and is owned by the lender. Phase 2 (Increment 3) consists of 8.622 acres, for which the former developer was granted final subdivision approval to create 20 homesite lots after entering into a subdivision agreement with the County and posting a 120% surety bond. The grading was completed for the twenty lots. The paved streets and utilities have not been installed. The property presents an unparalleled opportunity to create a distinctive resort residential community on the Kona-Kohala Coast, situated within one of the most established resort destinations on the island of Hawai‘i.

KAMUELA

Listing courtesy of Joel K. LaPinta. Selling Office: .

$2,595,000
3 Beds 3 Baths 725559 MLS ['Fee Simple'] Tenure
Experience elevated island living at 69-9259 Ainamalu Street, a single-level luxury retreat in the heart of Waikoloa Beach Resort. Ideally situated in one of the resort’s premier single-family communities, this home blends privacy, refined comfort, and sunset and ocean-horizon views with the relaxed elegance of Hawai‘i Island. A lush, landscaped courtyard welcomes you into this 3-bedroom, 3-bath residence, where vaulted ceilings, abundant natural light, and seamless indoor–outdoor flow create a tranquil, resort-style ambiance. The chef-inspired kitchen features JennAir stainless appliances with gas cooking, quartz countertops, a farmhouse sink, and a custom glass tile backsplash—ideal for entertaining or slow island mornings. The primary suite offers a peaceful sanctuary with direct outdoor access and a private garden shower. Bedroom 2 opens to the courtyard, enhancing natural light and connection to the landscape. Bedroom 3 functions as an ohana-style suite with its own entrance, wet bar, sitting area, washer/dryer hookup, and outdoor shower. Just outside, a private Trex deck with fire-pit table provides an intimate retreat for morning coffee or relaxed evenings. Framed by the silhouettes of Mauna Kea, Mauna Loa, and Hualālai—and capturing glimpses of Maui—the setting surrounds the home in the timeless beauty of Hawai‘i. The tropical backyard oasis invites true indoor–outdoor living with a generous covered lanai supported by native ‘Ōhia posts and a fully equipped outdoor kitchen with built-in grill, beverage center, and sink. Separate dining and lounge areas overlook the sparkling pool and extended decking, creating a serene environment for sun-soaked days and warm Hawaiian nights. E Energy Efficiency with owned PV, Tesla solar panels, and dual Powerwalls, Offered fully furnished, STVR-eligible, and move-in ready, this home is ideal as a primary residence, second-home escape, or income-

69-9259 Ainamalu St, WAIKOLOA

Listing courtesy of COMPASS. Selling Office: .

$2,075,000
3 Beds 3 Baths 731024 MLS ['Fee Simple'] Tenure
Rare Ainamalu Active Vacation Rental Home with Attached Guest Cottage & Owned Solar in Waikoloa Beach Resort. Welcome to 69-9251 Ainamalu Street, a thoughtfully designed island residence offering flexible living, energy efficiency, and one of Ainamalu's most desirable floor plans. A standout feature of this property is the attached guest cottage, ideal for extended family, guests, a private office, or additional living space. Accessed through a gated courtyard accented by lava rock walls and tropical landscaping, the cottage features its own entrance, wet bar with upper and lower cabinetry, beverage refrigerator, stacked washer/dryer, central A/C, walk-in shower, and private covered lanai. The main home offers an open-concept layout with vaulted ceilings, abundant natural light, and seamless indoor-outdoor living. The spacious kitchen flows into the dining and living areas, creating an inviting setting for entertaining and everyday island living. Stainless steel appliances and contemporary finishes complement the home's functional design. The primary suite opens directly to the lanai and features dual vanities and a walk-in shower. An additional guest bedroom enjoys courtyard access, providing added privacy and flexibility. Designed to embrace Hawaiʻi's outdoor lifestyle, the home features approximately 760 square feet of covered lanai space with salt-finished flooring, mahogany-wrapped columns, and a private outdoor garden shower. Additional highlights include an owned photovoltaic system with two Tesla Powerwalls, providing energy savings and backup power capability. A rare opportunity to own a versatile island single family home that is vacation rentable with attached guest accommodations, owned solar, and exceptional indoor-outdoor living in one of Waikoloa's most sought-after communities.

69-9251 Ainamalu St, KAMUELA

Listing courtesy of Hawaii Development Group. Selling Office: .

$2,010,000
3 Beds 2 Baths 721490 MLS ['Fee Simple'] Tenure
Motivated seller! Beautiful 3 bedroom 2 bathroom single family home with a pool and solar located in Ainamalu at Waikoloa Beach Resort. Some of the features include, but not limited to: The extra deep (7 ft)salt water pool has a large sundeck and a great gazebo and a large concrete lanai space. Paid solar with 2 Tesla power wall batteries The open kitchen features modern cabinets with quartz counter tops, piped propane for stove 9 foot ceilings throughout with 14 foot vaulted ceiling in the great room, Tile in kitchen and baths and Vinyl plank flooring throughout the home. Main bedroom has large walk in closet, large soaking tub, and both an indoor and outdoor shower. Central vac. And private gated entry patio. Enjoy a screened in back lanai and fully fenced large yard. Wood exterior doors and sliders. 2-car garage with a workshop area plus additional parking. Metal roofing. Mauna Kea, Mauna Loa & Hualalai views from the front yard and a Maui view from the back yard. Roller shades and window tinting throughout the home to assist in keeping the home cool and not overwork the Central AC. Extensive landscaping with drip irrigation, weed barriers and with multiple fruit tree varieties Because this house is located in a Resort Node, a Nonconforming Use Certificate is not required. You can choose to use this as a STVR or not, as can subsequent owners. This home gives owners incredible flexibility. Home has never been used as a vacation rental but it can be by the future owners. Enjoy living in this home with its close proximity to great shopping, groceries and dining in Kings' Shops & Queens' Marketplace and Anaeho’omalu Bay.

69-9191 Ainamalu St, WAIKOLOA

Listing courtesy of Better Homes and Gardens Real Estate Island Lifestyle. Selling Office: .

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.