With interest rates and the economy holding steady, the desire—and in many cases, the need—for a second or even third home is stronger than ever. Today’s buyers aren’t just seeking additional properties for lifestyle flexibility; they’re also looking at them as valuable income generators and long-term investments.
The Hawaii luxury real estate market on the Big Island is thriving—supported by high demand, limited inventory, and a landscape of world-class properties in elite communities. This makes it an opportune time for discerning buyers and investors to secure a slice of paradise. But success in this market requires more than desire; it takes timing, the right listing, and expert representation.
At Luxury Big Island, we understand the nuance of the market. To help you get started, here are the five essential steps when searching for a luxury home on the Big Island.
Reserve a Private Consultation.
1. Know What You Want
Begin by defining your priorities. How much space do you need? Are you drawn to the privacy of Kohala by the Sea or the resort-style luxury of Kukio, Mauna Lani, or Hualālai? Do you envision panoramic ocean views, golf course frontage, or private beach access?
Ask yourself:
How many bedrooms and bathrooms do I need?
Do I want a dedicated home office or expansive lanai?
What resort amenities or club memberships are essential?
Understanding your non-negotiables will help you focus on the properties that truly align with your lifestyle. For inspiration, explore this exclusive listing in Kohala by the Sea—a stunning estate that blends privacy, space, and breathtaking views.
2. Stay Grounded in Reality
The Big Island market is unique: limited land, custom-built estates, and steady interest from international buyers create an environment where luxury properties are highly coveted. Many CEOs and celebrities consider their Big Island homes to be the crown jewel of their portfolio—not just for prestige, but for the opportunity to disconnect, recharge, and reconnect with nature and community.
This is why working with a trusted brokerage like Luxury Big Island is essential. Our team provides unmatched insight into the nuances of each neighborhood and helps you act decisively when the right opportunity arises—whether that’s a rare listing in Kailua-Kona or a sophisticated estate in Lalamilo.
3. Explore the Market & Secure Representation
Once you’ve narrowed down your desired location and lifestyle, begin studying local trends:
Review recent sales
Understand average days on market
Monitor pricing fluctuations
This research will sharpen your understanding and expectations. Remember, most real estate agents represent the seller. For buyers, it’s smart to have your own advocate—someone experienced, detail-oriented, and transparent. A buyer’s agent aligned with your goals will mirror your preferences and act in your best interest throughout the process.
To start browsing, view our curated Exclusive Property Listings.
4. Use Technology to Your Advantage (Especially Off-Island)
Buying remotely? No problem. Today’s real estate transactions are streamlined through digital platforms, allowing buyers across the globe—from North America to Asia—to move forward with confidence.
Utilize tools like:
Online tours and video walkthroughs
Digital signatures and secure file transfers
Detailed reports and agent insight via Zoom, email, or secure client portals
At Luxury Big Island, we regularly help off-island buyers navigate the process seamlessly from a distance.
5. Inspect Before You Invest
Once you’re ready to take the next step, don’t skip the inspection phase. Even luxury homes can have hidden issues, so bring in professionals to give the property a comprehensive evaluation. If you’re off-island, we’ll coordinate inspections on your behalf and ensure you get detailed reports to make informed decisions.
Ask questions, negotiate with confidence, and rely on your agent to advocate for your best outcome.
Bonus: Stay Persistent
In a competitive market like Hawaii, it’s common for high-demand properties to go quickly. If you miss out on a listing, stay patient. The right property will surface—especially when you’re working with an expert who has early access to new and exclusive listings.
Ready to begin? Explore elite neighborhoods like Kohala by the Sea and browse our current exclusive listings to find your perfect second—or third—home.
