#717599, Listing office: Better Homes and Gardens Real Estate Island Lifestyle
Property details
About undefined
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.<br><br>The property consists of 40 tax map key parcels. <br><br>The property is entitled to the development of up to 420 residences on 125 acres, for a total of 252 acres.<br>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.<br>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.
Highlights
(A)
Summary
- List Price: $40,000,000
- HOA Amount: $0 Monthly
- Lot: Cleared
- MLS Number: 715536
- MLS Name: Hawaii Information Service
- Office Name: Joel K. LaPinta
- Office Phone: (808) 987-3544
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Last updated on: 7/26/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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Nearby schools
6
Waimea Elementary School
Public District PK-5
0.3 mi
•67-1225 Mamalahoa Hwy
5
Honokaa Elementary School
Public District PK-6
13.8 mi
•45-534 Pakalana St
6
Kohala Elementary School
Public District PK-5
17.6 mi
•54-3609 Akoni Pule Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,861. Typical income of Waikoloa, HI residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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About this property
The nearby schools for this property are: Waimea Elementary School (GreatSchools Rating 6/10), Honokaa Elementary School (GreatSchools Rating 5/10), Kohala Elementary School (GreatSchools Rating 6/10), Waimea Middle - Pccs (GreatSchools Rating 8/10), Waikoloa Elementary and Middle School (GreatSchools Rating 5/10), Kohala Middle School (GreatSchools Rating 5/10), Kanu O Ka Aina - New Century Public Charter School (GreatSchools Rating 5/10), Honokaa High & Intermediate School (GreatSchools Rating 4/10), Kohala High School (GreatSchools Rating 5/10).
Features: 0 bathroom. It has been listed on Rocket Homes since November 4, 2024 and is currently priced at $40,000,000.
Over 2 listings were sold over their listed price in June 2025 in Waikoloa, HI. In the same period over 16 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Waikoloa, HI between May and June 2025 increased by 2.2%. In June 2025 median list price was $1,000,000 and the average listing age was 32 days.