Waikoloa Beach Villas is a townhome-style condo community in Waikoloa Beach Resort, on the Kohala Coast of the Big Island. Inventory here is usually thin, so it helps to know the community before a unit comes up. Below is what I can confirm, a dated look at the market, and the questions I would ask before making an offer. For the other complexes, see my Waikoloa Beach Resort condo overview.
The resort's website describes two-story townhomes and penthouse units with two or three bedrooms and two or three baths, and places the community across from Queens' MarketPlace, with Anaeho'omalu Bay (A-Bay) a short walk away. I would walk that route yourself and judge the distance. The resort page lists two swimming pools and spas, a common BBQ area and a private gym, and says some units have a gas grill and wet bar. That page may not be current, so confirm today's amenities with the association.
The resort describes A-Bay as a 900-foot-long salt-and-pepper sand beach, with a beach park that has showers, restrooms, picnic areas and free parking (resort source). MLS records list 2005 as the year built, and units run from about 1,200 to 1,725 square feet.
As of October 2026, only about 1 Waikoloa Beach Villas listing is showing on my site: a two-bedroom, two-bath unit of about 1,209 square feet at roughly $1.05 million. Over the last 12 months, about 4 units closed, listed between roughly $1.0 million and $1.7 million. With sales this sparse, these numbers say little about the next unit's price. They are rounded, change daily, and are not a valuation of any particular unit.
My notes describe Waikoloa Beach Resort as a resort area zoned for vacation rentals. Even so, confirm each unit's current registration or permit status and the association's own rental rules before you count on any rental use. My Big Island condo buying basics page covers the first questions out-of-state buyers usually ask.
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Penthouse Villa, L-33 is a spacious, 1209 SQFT, Turn-key townhome, with 2 bedrooms, 2 bathrooms, overlooking the 3rd hole on the Waikoloa Beach Golf Course. This penthous...
Listing courtesy of Hawaii Signature Properties LLC.
Jeff Gaughan
REALTOR, R(S)-81116, eXp Realty
I help mainland and Canadian buyers find Big Island condos and vacation rentals that make sense on paper.