A newly built front-row estate at Kohanaiki on the Kona Coast, known as Hale Kai Apo, sold for $21 million in mid-April 2026, marking the private community’s second-largest recorded closing. The developer-spec residence clears another ultra-luxury front-row home off the market in one of Hawai‘i Island’s most exclusive enclaves. The only bigger number at Kohanaiki is Hale Kai Mana’s roughly $23 million closing late last year.
According to Kohanaiki's sold-properties list, Hale Kai Apo, billed as “Home of the Changing Tides,” is a newly completed 6,670-square-foot home with six bedrooms and 5.5 baths on about 1.17 acres, and the community shows the property as sold for $21,000,000. The Kohanaiki listing notes that the estate was offered fully furnished and marketed as a front-row home with dramatic ocean and coastline views. The transaction appears among the recent completed sales posted by the community's realty team.
MLS records reviewed on Homes.com show the sale was recorded on April 15, 2026, and list an earlier asking price in the $23.5 million range. The MLS entry logs an estimated annual tax bill near $247,823 and a price per square foot of about $3,148, and identifies Carrie Nicholson of Kohanaiki Realty as the listing agent and Cindy Corbin as the buyer’s agent. That MLS data reflects the public sales history for the parcel along with the listing timeline.
Where this sale ranks in Kohanaiki
Hale Kai Apo's $21 million closing comes in just behind Hale Kai Mana, which community sales records show sold for $23,000,000 and still holds the top recorded price in Kohanaiki. Carrie Nicholson said the result points to ongoing demand for front-row homes in the community. She told Aloha State Daily that the sale "underscores Kohanaiki's desirability."
Why buyers keep paying up
Buyers at Kohanaiki are signing up for more than a house. They are also buying into a private-club model that includes a Rees Jones-designed 18-hole golf course, a 67,000-square-foot clubhouse with dining and spa options, beach access and an array of on-site services. Kennedy Wilson, the development partner behind Kohanaiki, highlights those resort-style amenities along with the community’s roughly 450 acres and 1.5 miles of shoreline. Tight front-row inventory, layered on top of those built-in perks, helps explain why top-end homes there continue to command multimillion-dollar prices on the Kona Coast.
The closing was first reported by Pacific Business News. With only a small number of premier front-row properties left to trade, Kohanaiki remains a focal point for luxury buyers on Hawai‘i Island.
