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Sold for $8,750,000
  • $8,750,000

    69-1069 Kolea Kai Cir, Waikoloa, HI 96738

    4beds
    5,131sqft
    Single Family Residence
    Built in 2006
    0.71 Acres Lot
    $8,408,000 Zestimate®
    $1,705/sqft
    $7,100 Estimated rent

    Home value

    $8,408,000

    $7.15M - $9.84M

    $7,100/mo

    Zestimate® history
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    What's special

    Oceanfront gemInfinity pool and spaBreathtaking ocean viewsIndoor hot tubSoothing sound of waterfallsCozy libraryGrand entrance
    OCEANFRONT LUXURY! Experience the ultimate in island living at the Blue Wave at Kolea, an oceanfront gem nestled in the prestigious Waikoloa Resort on Hawaii’s stunning Big Island. This exceptional residence blends elegance and comfort with 4 bedrooms, 4 full and 2 half baths, and a host of luxurious features designed to meet your every need. As you enter through the grand entrance, you'll be greeted by the soothing sound of waterfalls and the tranquility of a Koi pond, all while being drawn to the breathtaking ocean views that define this home. The Blue Wave is perfectly equipped for entertainment and relaxation, featuring a state-of-the-art home theater, a cozy library, a dedicated office space, and even a basketball court. The home’s upgraded Control4 electronics and sound system ensure modern convenience at every turn. Each of the four spacious bedroom suites offers a private retreat, providing ample space for family and guests to fully enjoy the island lifestyle. The primary suite is a standout with its innovative movable roof, allowing you to enjoy the starry night sky from the comfort of your own bed. A 4-car garage adds both convenience and ample storage for vehicles and outdoor gear, making this property as practical as it is luxurious. Outside, you'll find an infinity pool and spa that seem to blend effortlessly into the Pacific Ocean, with views extending over the white sands of "A" Bay. An indoor hot tub offers a secluded spot to relax and unwind. Each evening, you’ll be treated to spectacular sunsets that paint the sky in vibrant hues, creating the perfect backdrop for your tropical retreat. Beyond its stunning design and location, the Blue Wave offers unparalleled access to a white sand beach, as well as nearby restaurants, boutiques, and movie theaters, making it ideal for both relaxation and entertainment. Whether you're seeking a getaway or an investment property, the Blue Wave at Kolea is a dream!

    Zillow last checked:

    Listing updated:

    Listed by:

    Carrie Nicholson 8088969749,

    Hawaii Life

    Bought with:

    Harold X Clarke, RB-21622

    Private Listings by Harold X Clarke

    Source: Hawaii Information Service,MLS#: 713273MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Cooling
    • Air Conditioning
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Dryer, Indoor Grill, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Wine Cooler
    • Laundry: Front Load
    Features
    • Flooring: Carpet, Ceramic Tile, Concrete, Marble
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 5,131
    • Total interior livable area: 5,131 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 4
    Features
    • Levels: One
    • Pool features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo
    • Has spa: Yes
    • Fencing: Stone
    • Has view: Yes
    • View description: Coastline, Mountain(s), Ocean, Sunset
    • Has water view: Yes
    • Water view: Ocean
    • Frontage type: Other
    Lot
    • Size: 0.71 Acres
    • Topography: Level
    Details
    • Parcel number: 3690110080000
    • Zoning: V-1.25
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Double Wall
    Condition
    • Year built: 2006

    Utilities & green energy

    • Water: Private
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

    Community & HOA

    Community
    • Security: Gated Community
    • Subdivision: KOLEA SUBDIVISION
    HOA
    • Has HOA: Yes
    • HOA fee: $788 monthly
    Location
    • Region: Waikoloa

    Financial & listing details

    • Price per square foot: $1,705/sqft
    • Tax assessed value: $9,247,200
    • Annual tax amount: $120,761
    • Date on market: 10/1/2024
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/12/2025Sold$8,750,000-11.2%$1,705/sqft
    Source: Hawaii Information Service #713273 Report a problem
    10/1/2024Listed for sale$9,850,000-1.2%$1,920/sqft
    Source: Hawaii Information Service #713273 Report a problem
    5/1/2024Listing removed$9,965,000$1,942/sqft
    Source: Hawaii Information Service #703813 Report a problem
    2/1/2024Price change$9,965,000-8.6%$1,942/sqft
    Source: Hawaii Information Service #703813 Report a problem
    11/6/2023Price change$10,900,000-8.4%$2,124/sqft
    Source: Hawaii Information Service #703813 Report a problem
    8/23/2023Listed for sale$11,900,000$2,319/sqft
    Source: Hawaii Information Service #703813 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Waikoloa Beach Resort

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $8,408,000
    2% more
    +$168K
    With Zillow Showcase(estimated)
    $8,576,160