Looking to buy a vacation rental in Mauna Lani? Let’s compare two of the mostthe most popular communities KaMilo vs Kulalani — but they’re very different in terms of layout, rental income potential, HOA rules, and buyer experience. In this guide, we break down the key differences so you can choose the best investment for your goals.
Q: Where are KaMilo and Kulalani located?
Both KaMilo and Kulalani are in the Mauna Lani Resort on the Kohala Coast of the Big Island. They’re both:
- Gated communities within walking distance to:
- Mauna Lani Shops
- Mauna Lani Beach Club
- Golf courses and coastal trails
- Surrounded by tropical landscaping and luxury resort amenities
Q: What’s the overall vibe of each community?
KaMilo:
- Feels like a luxury neighborhood
- Larger homes with detached options
- Designed for privacy and space
- Attracts high-end travelers
Kulalani:
- More intimate, resort-style feel
- Townhome style, higher density
- Lush landscaping and tranquil ambiance
- Appeals to couples and small families
Q: How do the floor plans compare?
KaMilo:
- 3–4 bedroom paired and single-family homes
- 1,700–2,500+ sq ft
- Features often include:
- Private pools or hot tubs
- Large lanais
- Two-car garages
Kulalani:
- 2–3-bedroom townhomes
- 1,100–2,000 sq ft
- Common features:
- Private lanais
- Garage or carport
- Shared green space
Investor Tip:
- KaMilo is better for hosting large groups and commanding premium rates
- Kulalani works well for smaller groups and budget-conscious travelers
Q: Which community earns a higher rental income?
KaMilo (Higher Gross Income):
- Larger homes = higher nightly rates
- Luxury features attract premium bookings
- Ideal for multi-generational families and groups
Estimated 2024 Income:
- 4-bedroom Ka Milo unit: $125,000–$160,000/year
Kulalani (Steady ROI):
- Lower rates, but higher occupancy
- Consistent demand from couples and families
- Lower initial investment makes ROI appealing
Estimated 2024 Income:
- 2-bedroom Kulalani unit: $75,000–$100,000/year
Q: How do HOA fees and amenities compare?
KaMilo HOA (~$1,200–$1,400/month):
- Higher dues, more premium amenities
- Includes:
- Landscaping, pest control, insurance
- Access to top-tier amenity center:
- Lagoon pool
- Lap pool
- Hot tubs
- Full gym
Kulalani HOA (~$1,100–$1,200/month):
- Slightly lower dues
- Includes:
- Beautifully maintained grounds
- Access to same amenity center as KaMilo
Both communities include:
- Access to Mauna Lani Beach Club (private beach, calm snorkeling, and Napua Restaurant)
Q: What about rental regulations and HOA rules?
Short-Term Rental Friendly:
- Both Ka Milo and Kulalani are within Mauna Lani’s resort zoning, which fully permits legal vacation rentals (with STVR license)
What are the HOA fees and rental rules like?
Ka Milo HOA:
- Allows vacation rentals.
- Higher monthly fees due to amenities.
- Pools, fitness center, maintenance services.
- Kulalani HOA:
- Allows vacation rentals.
- Slightly lower HOA fees.
- More structured rental environment
Q: How do they compare for resale value and appreciation?
KaMilo (Stronger Long-Term Growth):
- Higher initial price point
- Premium design attracts second-home buyers
- Historically outperforms in appreciation and resale speed
Kulalani (Stable Demand):
- More affordable entry
- Appeals to investors and full-time residents
- Consistent rental and resale demand
Q: Which is right for me?
Choose KaMilo if you want:
- Higher gross rental income
- Larger home for groups or families
- Private pools and luxury features
- Long-term appreciation and high-end branding
Choose Kulalani if you prefer:
- Lower upfront investment
- Easier entry into the vacation rental market
- Peaceful, landscaped setting
- Steady ROI and strong occupancy
Final Takeaway
Both KaMilo vs Kulalani are exceptional communities for vacation rental investment — but they serve different buyer profiles.
- KaMilo = premium luxury, higher income, higher cost
- Kulalani = affordable, consistent returns, more restrictive but peaceful
Want Help Running the Numbers or Touring Units?
As a local expert with deep experience managing luxury rentals in Mauna Lani Resort, I can help you:
- Compare actual rental performance
- Understand cash flow projections
- Identify high-performing units for sale
- Maximize ROI with tailored strategies
📩 Let’s connect and make your Mauna Lani investment work for you — whether you’re just starting or ready to buy.
Call: 808-557-5321 or email: [email protected] and let’s get started.