Waikoloa, Hilo, HI
Waikoloa — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Waikoloa, Hilo, Hawaii. Explore the cited sources and local facts below while agent underwriting continues.
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Waikoloa Neighborhood Overview
Overview
Waikoloa is not a neighborhood of Hilo, but a master-planned resort and residential area located on the sunny Kohala Coast, approximately 60 miles northwest of Hilo on Hawaiʻi Island. It is part of the South Kohala district and is renowned for its luxury resorts, world-class golf courses, and the Waikoloa Beach Resort complex. The area encompasses the Waikoloa Village upland community and the coastal resort zone, offering a distinct contrast to Hilo's lush, rainy climate.
Character & Lifestyle
The lifestyle in Waikoloa Village is relaxed and suburban, with a strong sense of community among its residents, many of whom are retirees, families, and professionals working in the tourism sector. Down at the coast, the atmosphere shifts to a vibrant, resort-focused energy with tourists enjoying high-end amenities, shopping, and dining. The overall character is defined by its arid, sunny landscape, manicured grounds, and a blend of permanent residential living with premier vacation destinations.
Housing
Waikoloa Village primarily features single-family homes, townhomes, and condominiums in a range of prices, often built around golf fairways and offering panoramic ocean or mountain views. The coastal resort area is dominated by luxury condominiums, timeshare properties, and hotel accommodations rather than traditional residential neighborhoods. Housing here tends to be newer, with architectural covenants ensuring a consistent, upscale aesthetic throughout the communities.
Getting Around
Waikoloa is accessible via the Queen Kaʻahumanu Highway (Highway 19), with the main entrance to Waikoloa Village located at mile marker 76. A personal vehicle is essential for daily life, as public transportation options are limited and the area is spread out. Within the resort area, the Kings' Shops and Queens' MarketPlace are walkable hubs, and some hotels offer complimentary shuttle trams to navigate their extensive grounds.
Dining & Shopping
Shopping is centered at the Kings' Shops and Queens' MarketPlace, offering a mix of luxury boutiques, island brands, art galleries, and convenience stores. Dining ranges from casual food court options and local favorites like Lava Lava Beach Club to high-end resort restaurants featuring renowned chefs. For major groceries and everyday needs, residents primarily rely on the Waikoloa Village Market or drive to nearby towns like Waimea or Kailua-Kona.
Parks & Recreation
Recreation is world-class, featuring the Waikoloa Beach and Kings' golf courses, the oceanfront Waikoloa Beach, and historic trails like the Ala Kahakai National Historic Trail past ancient fishponds and petroglyph fields. The resort area boasts elaborate swimming lagoons, snorkeling coves with abundant marine life, and cultural activities like luau. Waikoloa Village has its own community parks, sports fields, and a network of walking and biking trails known as the "Waikoloa Bowl."
Waikoloa Market Data
| Metric | Value |
|---|---|
| Median Home Price | $627K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $97K |
| Homeownership Rate | 71.9% |
| Renter-Occupied | 28.1% |
| Rental Vacancy Rate | 26.3% |
| Market Type | Buyer's |
| Primary ZIP Code | 96738 |
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Data Provenance
- State Licensing: Hawaii Real Estate Commission (HIREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15