$10,000,000
Active


  • MLS# 618468
  • South Kohala
  • Waikoloa
  • Land
  • 2153.44 Acres


The opportunity to acquire this large ranch estate on the slopes of Mauna Kea accessible from a major county road and in close proximity to infrastructure and amenities located on the South Kohala Coast cannot be replicated. The potential to subdivide the land given its frontage on a paved county road, zoning (minimum lot size is 5 acres), and desirable location near schools, shopping, and ocean recreation are all factors contributing to the value of this offering at a price under $5K per acre. Property fronts ~3.5 miles of Waikoloa Road. Land is currently licensed for pasture.
Status
Active
Land Area
2153.44 ACRES
Tenure
Fee Simple
Ocean View
Yes
Days On Market
46
Assessed Value
$5,374,400
Annual Property Tax
$45,230
Tax Key (TMK)

Exterior

Zoning
A-5A
Flood Zone
X
Lot Description
Grassy
Topography
Rolling Terrain
Frontage
Road/Street

Utilities

Power
Overhead
Water
Private
Wastewater
Sewer-Not Connected
Solid Waste Disposal
Private Contractor

Select a Point of Interest and Radius from the form above.

South Kohala

The South Kohala district encompasses the sun-struck shoreline of the Big Island's northwestern coast and reaches upland (mauka) to Waimea’s cool green pastures. Near the ocean, volcano goddess Pele’s work is a dramatic lavascape, studded here and there by kipuka (small vegetated oases surrounded by lava flows). Today, as in ancient times, this area offers a valued portal to the sea where you can still see Kamehameha the Great’s shoreline fishponds all along the Kohala Coast.

During the 1960's bold land developers spent millions to create additional kipuka along the shoreline. These oases are the Mauna Kea, Mauna Lani and Waikoloa oceanfront resorts of the Kohala Coast. The resort culture, in turn, inspired development of luxury real estate options in the nearby areas: custom homes, villas, condominiums and vacation residences.

Tucked in among the Kohala Coast resorts is the tiny, low-key beachfront community of Puako. Once a fishing hamlet reachable only by boat, Puako embraces an appealing mix of high-end custom homes and vacation rentals as well as plantation-style beach shacks and modest cottages. The palpable contentment enjoyed by this diverse little enclave is the result of the live-and-let-live facet of aloha, evidenced when neighbors meet to talk story on the front porch of M’s Puako General Store, the only store in town.

Six miles upland from the shoreline, Waikoloa Village (as opposed to coastal Waikoloa Resort) is a relatively new subdivision developed over the last 35 years.  Originally intended as affordable housing for resort workers, Waikoloa has grown into an interesting convergence of young working families, “snowbirds” (part-time residents from the mainland), recent transplants, baby boomer retirees and kama’āina(meaning "old-timers") who enjoy the warm weather (in spite of sometimes blustery winds). With several condominium complexes, a shopping center and an active Community Association, Waikoloa Village is conveniently located between Waimea and Kailua-Kona. Homeowners in the Village also have access to nearby tennis and golf amenities.

On the high, cool plain to the north and east is the captivating cowboy town of Waimea, also known as Kamuela. "Waimea" translates to "red water," and every Hawaiian Island has at least one place called Waimea. When the 20th century Post Office needed a zip code, it was designated Kamuela, or Samuel, for a member of the Parker family.

Prized throughout Hawaiian history as a rich source of fresh water and good soil, Waimea is the headquarters of Parker Ranch, at one time the world’s largest privately-owned cattle operation. 

Although you see symbols of urban America in the town’s main shopping area (including a Starbucks), the essential character of Waimea is an appealing balance of cowboy-rustic and cultivated sophistication. Here, you will find highly-regarded private schools, a contemporary hospital, headquarters for multiple astronomy observatories, fine restaurants, art galleries and the Kahilu Theatre, a performing arts center, all located in close proximity to a rodeo arena, acres of farms and grazing cattle on vast ranches.


Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty Corporation is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


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Listed By Joel K. LaPinta

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.


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