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The Honolulu Advertiser
Posted on: Tuesday, January 19, 2010

Hualalai home sells for $26.2 million

Advertiser Staff

The Big Island’s Hualalai Resort today announced the record-breaking sale of a single-family residence for $26.25 million.

The sale was the largest in 2009 in Hawaii for a single home and the largest residential real estate transaction in Hualalai’s 13-year history, a news release said. Total real estate sales transactions for 2009 at Hualalai Resort exceeded $150 million.
The five-bedroom home sits on an oceanfront location that offers views of Hualalai Mountain, Maui, the 16th and 17th greens of the Hualalai Golf Course and the South Kona coastline. Natural lava rock walls surround the 49,136 square-foot perimeter, which includes 48 palm trees, botanical gardens, four lava rock outdoor shower gardens, two ocean-side hot tubs and one cold plunge pool.
The approximately 8,630 square-foot home includes 5 1/2 bathrooms; a great room with pocket glass, screen and operable louvered doors and open-air dining room and living room pavilion.
“We are thrilled to announce the largest single sale in Hualalai’s history and delighted with the continued interest we’ve seen recently,” said Patrick Fitzgerald, CEO of Hualalai Resort. “With five transactions exceeding $10 million, including this record-breaking sale, Hualalai Realty did an outstanding job in 2009 despite a very difficult economic environment.”