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Vacation Rental Condos in Waikoloa Village

I'm Jeff Gaughan, a Kona REALTOR with eXp Realty. Waikoloa Village is the inland, residential side of Waikoloa, and seven of its condo complexes are on my vacation-rental list: Waikoloa Villas, Waikoloa Fairways, Paniolo Club, Waikoloa Hills, Paniolo Gardens, Fairway Terrace and Waikoloa Village Condos. The search below shows every unit currently for sale in them. For the beachfront side, see my Waikoloa Beach Resort condos, and for ownership basics read Big Island condo buying basics.

Map of the complexes

Use the map to see where each complex sits within the village.

What it's like

The village is about 6 miles inland from the Waikoloa resort area, and the road to the coast drops through dry lava fields, according to this local guide. Expect sunny, dry weather and often plenty of wind, with evenings cooler and windier than at the shoreline. The village has grocery stores, restaurants and a post office. Waikoloa Village Golf Course, designed by Robert Trent Jones Jr., is open to the public every day of the year at roughly 1,000 feet of elevation.

Down the hill, Anaeho'omalu Bay beside Waikoloa Beach Resort has a 900-foot salt-and-pepper sand beach with showers, restrooms, picnic areas, free parking and snorkeling, per the resort's own guide.

Market snapshot

As of October 2026, about 30 condos are listed in these seven complexes (a few are under contract), from roughly $255,000 to $750,000. The average list price is about $470,000, or about $565 per square foot, and the average unit has about 1.7 bedrooms and 860 square feet. Buildings date from the 1970s through the 2000s. Figures change daily and are not a guarantee.

What to check before you buy

  • County status. Hawaii County regulates short-term vacation rentals under Ordinance 2018-114 and Planning Department Rule 23. An existing rental outside a permitted zoning district may operate under a Nonconforming Use Certificate that is renewed every year. Being on my list is not a substitute: confirm each unit's current county status before you write an offer.
  • Association rules. Read the declaration and rules for rental minimums, check-in requirements and any limits on rental management.
  • Dues and what they cover. Ask what the monthly dues include, such as building insurance, water, trash and grounds, and what you pay on top.
  • Reserves. Request the current budget and reserve study, especially for older buildings.
  • Special assessments. Ask about any current, approved or planned assessments.
  • Insurance. Review the association's master policy and what your own condo policy needs to cover.

Want new listings here the day they hit the market? Create a free account and save this search, or ask me to set it up for you. You can also call or text 808-491-8115.

68-1761 Melia St Unit B4, WAIKOLOA image
68-1761 Melia St Unit B4, WAIKOLOA — Waikoloa Village Condominiums $255,000 ▼

The best-priced condo in Waikoloa Village! Seller offering to give credit worth three (3) months of HOA dues at closing. Wake up to peaceful fairway views and stunning ...

  • 1 Baths
  • 732283 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Hawaii Development Group

Listing courtesy of Hawaii Development Group.

68-3831 Lua Kula St Unit E104, WAIKOLOA image
68-3831 Lua Kula St Unit E104, WAIKOLOA — Fairway Terrace $320,000

E Komo Mai, come and see your new peaceful and tranquil home in a good location in desirable gated community. This is a great deal priced to sell and won't last long. We...

  • 1 Beds
  • 1 Baths
  • 732688 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of COMPASS

Listing courtesy of COMPASS.

68-3831 Lua Kula St Unit G203, WAIKOLOA image
68-3831 Lua Kula St Unit G203, WAIKOLOA — Fairway Terrace $335,000 ▼

Fairway Terrace #G203 – Upper level 1 bed / 1 bath unit overlooking the Robert Trent Jones II design 10th fairway of the Village Course at Waikoloa. Newly installed Milg...

  • 1 Beds
  • 1 Baths
  • 730643 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE UNDER CONTRACT Status
Courtesy of Hawaii Life

Listing courtesy of Hawaii Life.

68-1767 Melia St Unit D106DL2, WAIKOLOA image
68-1767 Melia St Unit D106DL2, WAIKOLOA — Waikoloa Village Condominiums $350,000 ▼

Waikoloa Village Condominium D106 offers a convenient location within the Waikoloa Village community on Hawaiʻi Island. Positioned across from the community center with a...

  • 1 Beds
  • 1 Baths
  • 730244 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Aloha Sotheby's Intl Realty - Hawai'i

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

68-3831 Lua Kula St Unit E203, WAIKOLOA image
68-3831 Lua Kula St Unit E203, WAIKOLOA — Fairway Terrace $358,000 ▼

Inside, modern updates create a clean, comfortable retreat. New engineered hardwood flooring brings warmth and durability, while sleek stone countertops add a refined fin...

  • 1 Beds
  • 1 Baths
  • 729788 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Kona Pacific Realty

Listing courtesy of Kona Pacific Realty.

68-1761 Melia St Unit C5, WAIKOLOA image
68-1761 Melia St Unit C5, WAIKOLOA — Waikoloa Village Condominiums $375,000 ▼

Remodeled in 2022, this ground floor turnkey end unit offers unobstructed ocean and golf course views along the 5th fairway, creating an ideal blend of island living and ...

  • 1 Beds
  • 1 Baths
  • 726092 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Corcoran Pacific Properties

Listing courtesy of Corcoran Pacific Properties.

68-1761 Melia St Unit A2AS2, WAIKOLOA image
68-1761 Melia St Unit A2AS2, WAIKOLOA — Waikoloa Village Condominiums $379,000

Welcome to Unit A2/AS2 on Melia Street in Waikoloa Village, where flexibility and income potential come together. This active STVR is fully established and operating, off...

  • 1 Baths
  • 730125 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of eXp Realty

Listing courtesy of eXp Realty.

68-3831 Lua Kula St Unit D202, WAIKOLOA image
68-3831 Lua Kula St Unit D202, WAIKOLOA — Fairway Terrace $379,000 ▼

Don't miss this opportunity to own a well-maintained 2-bedroom, 2-bath condo in the gated Fairway Terrace community in Waikoloa Village. Offering exceptional value, this ...

  • 2 Beds
  • 2 Baths
  • 730459 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Waikoloa Properties & Lifestyle

Listing courtesy of Waikoloa Properties & Lifestyle.

68-3831 Lua Kula St Unit M206, WAIKOLOA image
68-3831 Lua Kula St Unit M206, WAIKOLOA — Fairway Terrace $385,000

Welcome home to this lovely, remodeled and furnished condo! Located in the M building, perched in the upper section of Fairway Terrace, you have a gated entrance and deed...

  • 1 Beds
  • 1 Baths
  • 733354 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Big Island Living

Listing courtesy of Big Island Living.

68-3831 Lua Kula St Unit D108, WAIKOLOA image
68-3831 Lua Kula St Unit D108, WAIKOLOA — Fairway Terrace $399,000

Welcome to Fairway Terrace! This 2-bedroom, 2-bathroom condo offers comfortable island living in a convenient Waikoloa location. The primary bedroom features a private en...

  • 2 Beds
  • 2 Baths
  • 734051 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of First Island Realty, LLC

Listing courtesy of First Island Realty, LLC.

68-3831 Lua Kula St Unit F101, WAIKOLOA image
68-3831 Lua Kula St Unit F101, WAIKOLOA — Fairway Terrace $409,900

Pleasantly updated ground-floor 2-bedroom, 2-bathroom condominium in the heart of Waikoloa Village! Located within the gated Fairway Terrace community, this centrally loc...

  • 2 Beds
  • 2 Baths
  • 730217 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE UNDER CONTRACT Status
Courtesy of Island Boutique Realty Inc.

Listing courtesy of Island Boutique Realty Inc..

68-3831 Lua Kula St Unit B201, WAIKOLOA image
68-3831 Lua Kula St Unit B201, WAIKOLOA — Fairway Terrace $420,000

Motivated Seller Offering Closing Cost Credit. This two-bedroom, two-bath upstairs unit in Fairway Terrace offers a clean and practical living space in Waikoloa Village....

  • 2 Beds
  • 2 Baths
  • 730872 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Hapuna Realty

Listing courtesy of Hapuna Realty.

68-3831 Lua Kula St Unit H208, WAIKOLOA image
68-3831 Lua Kula St Unit H208, WAIKOLOA — Fairway Terrace $429,900 ▼

Exceptional opportunity at Fairway Terrace! This beautifully updated, top-floor 2-bedroom, 2-bath condominium stands out as one of the most attractive offerings currently...

  • 2 Beds
  • 2 Baths
  • 733708 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Knutson & Associates

Listing courtesy of Knutson & Associates.

68-3907 Paniolo Ave Unit 503, WAIKOLOA image
68-3907 Paniolo Ave Unit 503, WAIKOLOA — Waikoloa Hills Condo $444,900

Your Own Slice of Hawaii Awaits at Waikoloa Hills! Imagine waking up to birds singing, gentle island breezes, and lush green surroundings. Whether enjoying morning coffe...

  • 2 Beds
  • 2 Baths
  • 734359 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Corcoran Pacific Properties

Listing courtesy of Corcoran Pacific Properties.

68-1767 Melia St Unit C103, WAIKOLOA image
68-1767 Melia St Unit C103, WAIKOLOA — Waikoloa Village Condominiums $449,000 ▼

Conveniently located in Waikoloa Village Condominiums, this beautifully maintained 1-bedroom, 1-bath condo enjoys golf course, ocean, and sunset views from the lanai, liv...

  • 1 Beds
  • 1 Baths
  • 730197 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of LUVA LLC

Listing courtesy of LUVA LLC.

68-3907 Paniolo Ave Unit 804, WAIKOLOA image
68-3907 Paniolo Ave Unit 804, WAIKOLOA — Waikoloa Hills Condo $485,000

Waikoloa Hills is a very well maintained condominium complex conveniently located in Waikoloa Village. Walking distance to many amenities including grocery, dining, medic...

  • 2 Beds
  • 2 Baths
  • 728670 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Better Homes and Gardens Real Estate Island Lifestyle

Listing courtesy of Better Homes and Gardens Real Estate Island Lifestyle.

68-3840 Lua Kula St Unit D104, WAIKOLOA image
68-3840 Lua Kula St Unit D104, WAIKOLOA — Waikoloa Villas Ph I & Ii $500,000

🌺 Waikoloa Villas D-104 – Turnkey Short-Term Vacation Rental 🌴 Beautifully updated and offered fully furnished, this spacious ground-floor 1-bedroom, 1-bath condominium ...

  • 1 Beds
  • 1 Baths
  • 732674 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Premier Island Properties LLC

Listing courtesy of Premier Island Properties LLC.

68-3840 Lua Kula St Unit H101, WAIKOLOA image
68-3840 Lua Kula St Unit H101, WAIKOLOA — Waikoloa Villas Ph I & Ii $515,000

Discover this beautifully fully renovated ground-floor 1-bedroom, 1-bathroom condo at Waikoloa Villas, where comfort, convenience, and island living come together. This u...

  • 1 Beds
  • 1 Baths
  • 729695 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of With Aloha Property Services

Listing courtesy of With Aloha Property Services.

68-3907 Paniolo Ave Unit 606, WAIKOLOA image
68-3907 Paniolo Ave Unit 606, WAIKOLOA — Waikoloa Hills Condo $559,000 ▼

Discover the ease of island living in this turnkey furnished, two-story condo, ready for you to move in with just your suitcases! The main floor features a sleek kitche...

  • 2 Beds
  • 2 Baths
  • 730052 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Coldwell Banker Island Properties - Kona

Listing courtesy of Coldwell Banker Island Properties - Kona.

68-3907 Paniolo Ave Unit 604, WAIKOLOA image
68-3907 Paniolo Ave Unit 604, WAIKOLOA — Waikoloa Hills Condo $559,000

Welcome to Waikoloa Hills! Unit #604 is a desirable end unit positioned along the forest gulch, offering exceptional privacy. This split- level residence features a prac...

  • 2 Beds
  • 2 Baths
  • 733391 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Coldwell Banker Island Properties - Kona

Listing courtesy of Coldwell Banker Island Properties - Kona.

68-3868 Paniolo Ave Unit D201, WAIKOLOA image
68-3868 Paniolo Ave Unit D201, WAIKOLOA — Paniolo Gardens $565,000

Privacy, golf course views, and a peaceful setting create a lifestyle that's becoming increasingly difficult to find. With just 17 residences, Paniolo Gardens offers a lo...

  • 2 Beds
  • 2 Baths
  • 730741 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE UNDER CONTRACT Status
Courtesy of Hawaii Life

Listing courtesy of Hawaii Life.

68-3840 Lua Kula St Unit H105, WAIKOLOA image
68-3840 Lua Kula St Unit H105, WAIKOLOA — Waikoloa Villas Ph I & Ii $574,000

Nestled in the heart of Waikoloa Village, Waikoloa Villas offers a peaceful island setting where residents enjoy two swimming pools and hot tubs, outdoor BBQ areas, beaut...

  • 2 Beds
  • 2 Baths
  • 731851 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Hawaii Life

Listing courtesy of Hawaii Life.

68-3907 Paniolo Ave Unit 206, WAIKOLOA image
68-3907 Paniolo Ave Unit 206, WAIKOLOA — Waikoloa Hills Condo $610,000

Beautifully transformed with thoughtful renovations throughout and ready to enjoy, this Waikoloa Hills residence offers a bright and inviting place to call home—or your h...

  • 2 Beds
  • 2 Baths
  • 734609 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of eXp Realty

Listing courtesy of eXp Realty.

68-3840 Lua Kula St Unit D203, WAIKOLOA image
68-3840 Lua Kula St Unit D203, WAIKOLOA — Waikoloa Villas Ph I & Ii $690,000

Looking for a low-maintenance lifestyle or a second home that can double as a short-term vacation rental? This could be the perfect fit! Situated in sought-after Waikol...

  • 3 Beds
  • 3 Baths
  • 733831 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Lava Rock Realty, LLC

Listing courtesy of Lava Rock Realty, LLC.

68-1754 Melia St Unit C220, WAIKOLOA image
68-1754 Melia St Unit C220, WAIKOLOA — Waikoloa Fairways $699,000

TURNKEY FURNISHED WAIKOLOA CONDO | BRAND-NEW CENTRAL A/C | GOLF COURSE VIEWS Welcome to island living at 68-1754 Melia St, Apt C220, located in the desirable Waikoloa Fai...

  • 2 Beds
  • 3 Baths
  • 734064 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Nathalie Mullinix Realty Universal, Inc.

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..

68-3840 Lua Kula St Unit C202, WAIKOLOA image
68-3840 Lua Kula St Unit C202, WAIKOLOA — Waikoloa Villas Ph I & Ii $708,000

Welcome to Waikoloa Villas C 202, an inviting upper-level residence offering flexible living spaces and a wonderful connection to the outdoors. The main level features a ...

  • 3 Beds
  • 3 Baths
  • 732137 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Aloha Sotheby's Intl Realty - Hawai'i

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

68-1754 Melia St Unit C217, WAIKOLOA image
68-1754 Melia St Unit C217, WAIKOLOA — Waikoloa Fairways $739,000

Move right into this beautifully furnished and well-maintained 2-bedroom, 2.5-bathroom condo at Waikoloa Fairways! Offering 1,277 square feet of comfortable living space,...

  • 2 Beds
  • 3 Baths
  • 734286 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE Status
Courtesy of Big Island Living

Listing courtesy of Big Island Living.

68-1754 Melia St Unit A210, WAIKOLOA image
68-1754 Melia St Unit A210, WAIKOLOA — Waikoloa Fairways $749,000

Nestled within the sought-after Waikoloa Fairways community, this beautifully remodeled upper-level residence offers the perfect blend of comfort, convenience, and island...

  • 2 Beds
  • 3 Baths
  • 731332 MLS
  • ['Fee Simple'] Tenure
  • ACTIVE UNDER CONTRACT Status
Courtesy of COMPASS

Listing courtesy of COMPASS.

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Jeff Gaughan, Kona REALTOR

Jeff Gaughan
REALTOR, R(S)-81116, eXp Realty

I help people realize the same dream I had a decade ago: to spend as much time as we can in the most beautiful place on the planet.

Send me a message

Call or text 808-491-8115

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