Some properties leave a mark long before they reach the market. For Marco A. Silva, 78-7102 Walua Rd was one of them.
One such moment occurred at a remarkable property in the Kailua-Kona real estate market: 78-7102 Walua Rd, known as Hale Wailele. Early in his career, Marco attended a real estate business meeting at this very property. At the time, he was just beginning his path in the Big Island real estate market, absorbing knowledge from experienced professionals and envisioning what the future might hold.
Years later, Marco returned to the same property in a very different role — as the listing agent responsible for marketing and selling the estate.
The Property: Hale Wailele
Hale Wailele, whose name translates to “House of Falling Water,” is one of the most architecturally distinctive properties in the Kona luxury real estate market. Located in the Keauhou Mauka subdivision in North Kona, the property sits on approximately 5.02 acres of land and includes a primary residence with more than 5,400 square feet of living space.
Key property features include:
- 5 bedrooms
- 6 full bathrooms and 3 half baths
- 5,441 square feet of interior living space
- Separate guest cottage
- Expansive outdoor lanais
- Resort-style infinity pool and spa
- Private orchard and landscaped grounds
The property includes dramatic views of the Kona coastline, mountains, ocean horizon, and sunset — an environment that embodies the spirit of Hawaiʻi Island living.
Architecture Inspired by Water and Nature
What makes Hale Wailele particularly remarkable is its architectural concept. Designed by Lucky Bennett, the estate embraces the natural environment through a series of integrated water features and pavilions. Upon entering the property, visitors encounter koi ponds and streaming waterfalls that set the tone for the entire estate.
The main residence is organized into three architectural pavilions, a design that allows each living area to connect seamlessly with the surrounding landscape. Inside the home, the architectural experience continues with 18-foot vaulted ceilings, over 2,000 square feet of honed French limestone flooring, expansive indoor-outdoor living spaces, and custom hardwood finishes throughout.
The Sale of Hale Wailele
Marco eventually listed and sold the property in August 2022 for $5,300,000, after approximately 35 days on market. The transaction represented a significant moment within the Big Island real estate market, demonstrating continued demand for high-end Kona properties with architectural pedigree and expansive acreage.
What This Case Study Demonstrates About the Kona Real Estate Market
The story of Hale Wailele highlights several key dynamics within the Big Island luxury real estate market. Architecturally unique properties often generate strong Buyer interest due to their rarity. Large acreage estates in Kona remain highly desirable for Buyers seeking privacy and expansive living environments. And relationships and local expertise continue to play an essential role in successful real estate transactions.
Frequently Asked Questions About Kona Luxury Real Estate
Are luxury properties common in the Kailua-Kona real estate market?
While Kona has many beautiful homes, architecturally distinctive estates like Hale Wailele are relatively rare.
Why do luxury Buyers choose Kona?
Kona offers a combination of warm climate, ocean views, resort amenities, and privacy that is difficult to replicate elsewhere.
What makes Hale Wailele unique?
The property’s architectural design, water features, pavilions, and expansive acreage create an estate unlike most homes on the Big Island.
A Story That Reflects the Journey
For Marco, the sale of 78-7102 Walua Rd was not simply another listing. It was a reminder of where his career began and how far it has come.
Interested in Kona luxury properties? Browse Marco’s active listings.
From attending a meeting at the property as a young professional to eventually listing and selling the estate, the story of Hale Wailele represents a true full circle moment within the Kailua-Kona real estate market. Connect with Marco to learn more.
Marco A. Silva RB 20599 | 808-557-8921
Marco@KonaLuxuryRealEstate.com
@coldwellbankerislandproperties RB 16822