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Real Estate

Hawaii’s Newest Luxury Enclave Has Billionaires Eating Off Trees

At Kohanaiki, a $100,000 entry fee will get you the comforts of a five-star resort with the privacy of a gated community.
Source: Kohanaiki

For those with very deep pockets, Hawaii isn’t just a place to swim, surf, and sunbathe: It’s a place to hole up with other billionaires in private, luxury-drenched communities.

The latest of these enclaves is the Kohanaiki, tucked between ancient lava flows and lakes, on Big Island's Kona Coast. It joins such existing millionaire playgrounds as Kukio and Kukui’ula in luring tech entrepreneurs, athletes, and hedge funders to Hawaii’s lush slopes. At Kohanaiki, residences and lots of land range from about $3 million (for a 3-bedroom attached home on the golf course) to $22.5 million (for a 5-bedroom custom estate on the best plot, with vaulted cedar ceilings). Those prices come on top of the $100,000 entrance fee and $25,000 annual dues.