Carrie Nicholson
carrie@hawaiilife.com
(808) 896-9749
Hawaii Life

69-1069 Kolea Kai Circle
$9,850,000
Price:
$9,850,000
Bedrooms:
4
Bathrooms:
4.02
MLS:
(CONTINGENT) 713273
Interior Area:
5,131 sqft
Price/sqft:
$1,920
Year Built:
2006
Lot Size:
0.71 acre(s)
Land Tenure:
Fee Simple
Property Type:
Single Family
On Market:
Oct 01, 2024
Updated:
Mar 26, 2025
Total Monthly Fees:
$788.24
Foreclosure:
Standard Sale
Oceanfront:
Yes

Listing Remarks

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!

Property Location



Public Reports

Other Details

Address: 69-1069 Kolea Kai Circle , Kolea Subdivision 96738
Lat/Long: 19.91809961 | -155.88898848
Taxkey: 3690110080000
Lot Number: 8
Property Type: Single Family
Bedrooms: 4
Full Baths: 4
Half Baths: 2
Living Area: 5,131 sqft
Land Area:
Oceanfront Parcel: Y
Pool: Y
Utilities:
  • Cable Available
  • Electricity Available
  • Phone Available
  • Sewer Connected
  • Underground Utilities
Association Dues: $788
Annual Tax: $120,762
Assessed Value: $9,247,200
Assessment Year: 2023
Zoning: V-1.25
Assessed Land Value: $3,380,100
Assessed Improvements Value: $6,308,300
Annual Tax (Year): 2024
Garage Area: 1,272 sqft
Car Storage:
  • Detached
Appliances:
  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Indoor Grill
  • Microwave
  • Oven
  • Range
  • Range Hood
  • Refrigerator
  • Washer
  • Wine Cooler
Design:
  • Double Wall
Fencing:
  • Stone
Floor Covering:
  • Carpet
  • Ceramic Tile
  • Concrete
  • Marble
Heating/Cooling:
  • Air Conditioning
Roads:
  • Paved
  • Private
Security:
  • Gated Community
Topography:
  • Level
Unit Description:
  • Single Family Home
  • Single Level
Window Coverings:
  • Blinds
The View:
  • Coastline
  • Sunset
  • Mountain
  • Ocean