In fact, were would Waimarama be without the domain? It would be a village without a heart. For just as villages in Europe have their town squares as focal points, seaside Waimarama has its welcoming swathe of green space leading to the surf club and the sea.
So it is welcome news that after years of negotiation, the Hastings District Council has finally reached agreement to buy the 5.9ha domain from owners the Society of Mary.
Because the fact is that while Waimarama Domain may look and feel like a cherished public space, it is actually private land, once used as a holiday site for Marist priests.
The $1.17 million price tag will be split between three parties with the district council paying $500,000, Hawke's Bay Regional Council $300,000 and residents $370,000.
Mayor Lawrence Yule points out that in the three years it has taken to hammer out a deal on the price, the market moved substantially in favour of the buyers.
To put the purchase price into some perspective, consider that the annual cost of leasing the land had risen to $63,200.
At $1.17 million, Waimarama Domain is a great buy for the region. Besides, you can't put a price on memories.