About Waialae Golf Course The Waialae Golf Course neighborhood is a quiet desirable community of just short of 150 single level luxury homes on wide streets cradled by the surrounding private Waialae Golf Course, home to the annual PGA Sony Open golf tournament, drawing golfers and spectators from all around the world. Located oceanside of Kalanianaole Hwy, Waialae Golf Course is bordered by Kahala to the west and Kai Nani to the east, with the ocean to the south. Waialae Golf Course homes for sale are often priced between $1.5M to $5M on generous level lots of 10,000 to 18,000 sq ft and is part of the luxury Honolulu real estate market.
Insight to Waialae Golf Course Homes & Neighborhood Waialae Golf Course homes were originally built during the early 1960’s but are slowly giving way to brand new custom built luxury homes. Only a little more than 40 homes are located right on the golf course offering fabulous calming views of the green fairways with the beautiful ocean beyond. The homes are often desired for their single level layout on broad level lots giving the neighborhood a sense of inviting wide open space and understated grandeur.
The famous classy Kahala Hotel & Resort, located along the ocean at the end of Kahala Ave, enjoys both golf course and pristine white sandy beach frontage. Adjacent to the hotel is the iconic direct beachfront Kahala Beach Apartments - a 5-story leasehold condo with beautiful lush green landscaping, which is also where the late Jack Lord used to reside for years. To the surprise of many, this condo complex and hotel does not belong to Kahala, despite their names and close proximity to Kahala.
Waialae Golf Course is truly an ideal location for the avid golfer who is looking for close proximity to fine dining, great beaches and an easy commute to town.
The price range of houses for sale in Waialae Golf Course is $899K to $4.75M with a median price of $2.82M, median interior of 2,624sf and median land size of 11,932sf.
The median price of houses sold in Waialae Golf Course year-to-date (Jan - Sep 24, 2017) is $3.16M. In previous years it was $1.85M (2016), $2.41M (2015), $2.12M (2014), $3.35M (2013), $1.53M (2012), $4.65M (2011), $2.25M (2010), $1.9M (2009), $2.5M (2008), $2.5M (2007), $2.2M (2006), $2.42M (2005), $1.51M (2004), $1.1M (2003).
3 houses have sold in Waialae Golf Course year-to-date (Jan - Sep 24, 2017). In previous years, the total number of houses sold were 4 (2016), 3 (2015), 6 (2014), 3 (2013), 4 (2012), 3 (2011), 2 (2010), 1 (2009), 6 (2008), 5 (2007), 5 (2006), 5 (2005), 8 (2004), 9 (2003).
On average Waialae Golf Course houses were on the market for 211 days before they were sold (Jan - Sep 24, 2017). In previous years it was 132 days (2016), 103 days (2015), 98 days (2014), 118 days (2013), 51 days (2012), 101 days (2011), 104 days (2010), 187 days (2009), 91 days (2008), 49 days (2007), 122 days (2006), 137 days (2005), 69 days (2004), 94 days (2003).
The average days on market for Waialae Golf Course houses before sold was 1 day August 2017 compared to 120 days August 2016.
The ratio of Waialae Golf Course houses sales price vs list price were 98.7% August 2017 compared to 97.3% August 2016.
1 Waialae Golf Course house was sold August 2017 compared to 1 house sold August 2016.
The total dollar volume of houses currently for sale in Waialae Golf Course is $5.64M and the sold dollar volume year-to-date (Jan - Sep 24, 2017) is $9.33M. In previous years sold dollar volume was $7.26M (2016), $10.17M (2015), $15.3M (2014), $8.92M (2013), $5.91M (2012), $12.62M (2011), $4.5M (2010), $1.9M (2009), $16.96M (2008), $13.1M (2007), $11.04M (2006), $12.71M (2005), $13.99M (2004), $13.15M (2003).
The most recent sale in Waialae Golf Course was a house located at 4509 Waikui Street, sold for $1.85M on Aug 25, 2017. It had 3064sf of interior. 9 other recent sales include: 4631 Waipahee Place (4,614sf) sold for $4.31M on 2/23/2017. 1057 Waiholo Street (3,501sf) sold for $3.16M on 1/26/2017. (2,709sf) sold for $2.2M on 12/27/2016. 1044 Waiholo Street (2,820sf) sold for $2.13M on 8/12/2016. 4524 Waikui Street (2,515sf) sold for $1.42M on 7/29/2016. 4505 Waikui Street (2,450sf) sold for $1.7M on 7/22/2016. 966 Waiholo Street (2,337sf) sold for $1.99M on 4/19/2016. 951 Waiiki Street (3,029sf) sold for $2.41M on 9/23/2015. 1088 Waiholo Street (2,804sf) sold for $2.1M on 7/15/2015.
Waialae Golf Course History Waialae Golf Course's existence, along with the Royal Hawaiian Hotel's, owes itself to a tourism promotion campaign intended to tempt high-end visitors to Hawaii in the 1920's. The flat land wasn't the most desirable for a golf course, so they hired a legendary designer named Seth Raynor to work his magic. Raynor's courses are eagerly sought out by today's golfers, ready to pay exorbitant sums to challenge his fairways. Amazingly, the man never played a round of golf until after he had completed 4 of his famous courses.
The land was leased from the Bishop Estate and opened to welcome the first duffers on February 1, 1927. Territorial Hotel Co., who owned Waialae, got into financial troubles during the Great Depression and turned their holdings over to the Matson Company.
Though World War II saw the country club taken over by the military to establish coastal defenses, it was the 1960's that saw the greatest incursion, at least from golf fans' point of view. The building of the Kahala Hilton prompted the Bishop Trust to take back the oceanfront fairways and other land from the country club.
All of Raynor's design was taken out as the golf course was moved inland and completely reconfigured. Online golf forums are still filled with fans weeping from this loss, over 50 years later. Waialae Golf Course homes are still a pleasure despite that, many of which enjoy a place right on the fairway. With the beach just steps away, a house here is guaranteed to erase all unpleasant memories.