$35,000,000
$40,000,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
238.05 Acres Lot
SOLD DATE : 04/24/2026
Key Details
Sold Price $35,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Ainamalu At Waikoloa Beach Resort
MLS Listing ID 715536
Sold Date 04/24/26
HOA Y/N No
Annual Tax Amount $155,162
Tax Year 2024
Lot Size 238.050 Acres
Source Hawaii Information Service
Land Area 10369458
Property Description
Within the Resort Node, STVR allowed 420 single-family or multiple-family units, of which 39 were completed and sold. Offering includes 58 acres zoned RM-6 & RM-8, 4.853 acres Commercial CV-10, one house lot, and 175.64 acres Open District.
The property consists of 40 tax map key parcels.
The property is entitled to the development of up to 420 residences on 125 acres, for a total of 252 acres.
The property has been foreclosed and is now owned by the lender. The former developer obtained final subdivision approval for forty (40) lots in Phase 1 (Increment 1) and completed and sold 39 homes. One of the lots remains vacant and is owned by the lender. Phase 2 (Increment 3) consists of 8.622 acres, for which the former developer was granted final subdivision approval to create 20 homesite lots after entering into a subdivision agreement with the County and posting a 120% surety bond. The grading was completed for the twenty lots. The paved streets and utilities have not been installed.
The property presents an unparalleled opportunity to create a distinctive resort residential community on the Kona-Kohala Coast, situated within one of the most established resort destinations on the island of Hawai‘i.
Location
State HI
County Hawaii Island (big Island)
Community Ainamalu At Waikoloa Beach Resort
Area Hi
Zoning RM-6
Region South Kohala
City Region South Kohala
Exterior
Utilities Available Electricity Available, Sewer Connected, Underground Utilities, Water Available
View Y/N No
Water Access Desc Private,Public
Topography Gentle Slope
Garage No
Private Pool No
Building
Lot Description Cleared
Others
Ownership Full
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fee Simple, Standard
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