A 1.8-acre estate in Hualālai Resort that once belonged to former Starbucks CEO Howard Schultz sold in late July for $36 million, the highest residential sale in the Hawai‘i Island resort's history. The previous record was $30.2 million, which was set in October 2021.
Hualālai Realty's Rob Kildow represented both the buyer and seller.
Located at 72-103 and 105 Lau‘eki Place, the property features eight bedrooms, nine-and-a-half baths and eight structures, with a total of 15,427 square feet under roof and 11,250 square feet of interior living space, according to information provided to Aloha State Daily.
The Wall Street Journal reports that this was an off-market sale. The house was last sold for $25 million in 2015 to Schultz, the provided information noted.
The eight structures sit on two adjoining parcels that total nearly 79,000 square feet, Kildow told ASD in an emailed response to questions, noting, too, that the parcels overlook the eighth fairway and green of the Ke‘Olu golf course and that the property offers views of the Pacific Ocean, Maui, the Kohala mountains and Hualālai.
More than 7,400 square feet of elevated Ipe decks surround and connect the structures with a series of pathways and bridges, and there are "extensive" water features throughout the property, he says, adding that the interior of the home of has Ipe floors, clear cedar interior walls and clear hemlock vaulted ceilings.
Kildow says the record-breaking sale "reinforces that Hualālai remains one of the most sought-after resort communities in Hawai‘i and beyond. Interest remains high regardless of price in any available residence at Hualālai and I don’t see it diminishing."
There are currently only four residences for sale at Hualālai, he says.
"As reported, this was the highest sale since the resort opened," Kildow told ASD. "That said, there are homes that would sell for more if they were ever to come to the market. In 2025, there were a number of sales between $10.5 million and $22 million."
Hualālai Resort is an 865-acre oceanfront residential resort community on the Big Island's Kona-Kohala Coast, offering a mix of single-family custom homes, townhouses, homesites and villas, according to a fact sheet provided by Kildow.
Membership to the private Hualālai Club is available only to resort property owners, and members have access to the members-only Ke‘olu Clubhouse and Ke‘Olu Golf Course, the Hualālai Canoe Club, unlimited golf and tennis, the amenities at Four Seasons Resort Hualālai, including beach and pool service, and more, the info notes.
Among other features and amenities, the resort also has two golf courses: the Tom Weiskopf-designed Ke‘Olu Course and the Hualālai Golf Course, which is the first Jack Nicklaus Signature design in Hawai‘i, and home to the PGA Tour Champions "Mitsubishi Electric Championship at Hualālai" event since 1997, according to the provided fact sheet.
Hualālai Resort is owned by Michael Dell of BDT & MSD Partners, the billionaire businessman who also serves as chairman and CEO of Dell Technologies. The resort was originally developed by The Athens Group.
Stephanie Salmons can be reached at stephanie@alohastatedaily.com.
For the latest news of Hawai‘i, sign up here for our free Daily Edition newsletter.
