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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in South Kohala, HI.
Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/20/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$199.7K
Per Month
Principal & Interest
$199.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$119.9K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
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. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Address Not Disclosed
Is this property for sale now?
Active Listing: undefined is For Sale (Active/New) which means the seller is accepting offers.
Interested in Address Not Disclosed? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $40,000,000.
In November 2024 more than 0 listings in South Kohala, HI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in South Kohala, HI increased by 19.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,212,500, while the average time on the real estate market was 143 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 MLS Hawaii, Inc. All rights reserved. 
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country