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.
Property Details
Property Features
Listing Office:
Office Name: Joel K. LaPinta
Office Phone: (808) 961-0161
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot: Gentle Sloping
Price Information
Listing Price Info
Price Summary:
List Price: $40,000,000
HOA Fees:
Amount: $0
Frequency: Monthly
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
6
/10
Waimea Elementary School
67-1225 Mamalahoa Hwy
Distance between this listing and this school0.34 miles
Public District Grades PK-5
5
/10
Honokaa Elementary School
45-534 Pakalana St
Distance between this listing and this school13.81 miles
Public District Grades PK-6
6
/10
Kohala Elementary School
54-3609 Akoni Pule Hwy
Distance between this listing and this school17.64 miles
Public District Grades PK-5
Nearby Schools
8
/10
Waimea Middle - Pccs
67-1229 Mamalahoa Hwy
Distance between this listing and this school0.41 miles
Public Charter Grades 6-8
5
/10
Waikoloa Elementary and Middle School
68-1730 Hooko St
Distance between this listing and this school9.48 miles
Public District Grades PK-8
5
/10
Kohala Middle School
53-4155 Akoni Pule Hwy
Distance between this listing and this school15.70 miles
Public District Grades 6-8
Nearby Schools
5
/10
Kanu O Ka Aina - New Century Public Charter School
64-1043 Hiiaka St
Distance between this listing and this school1.27 miles
Public Charter Grades KG-12
4
/10
Honokaa High & Intermediate School
45-527 Pakalana St
Distance between this listing and this school13.88 miles
Public District Grades 7-12
5
/10
Kohala High School
54-3611 Akoni Pule Hwy
Distance between this listing and this school17.68 miles
The neighbors living near this home have an average income of $72,861. The majority of South Kohala, HI residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
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It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $40,000,000.
Between September 2024 and October 2024, South Kohala, HI real estate market has seen increase in the number of listings by 9.5%. In October 2024, listings were on the market for 185 days. During the same period, the median list price in this real estate market was $1,199,500.
From Rocket Homes Real Estate and based on county public records data.
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