• Call your local brokerage at 808.935.0399
For Sale:$3,200,000
$11,324/mo
Monthly Payment:
$11,324
Principal & Interest:
$11,324
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $640,000 down)
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Waikama Rd


Kapaau, HI 96755

Hawaii Department of Education
N/Asq ft N/A / sq ft LND
Lot Size485.0acre BuiltN/A On site508days
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Rare opportunity to own a 485-acre parcel of subdividable land in historic North Kohala. Wide ocean views sweep from the cliffs of Pololu Valley across the north shore of the Big Island towards the towns of Kapaau and Hawi. This could be a legacy purchase for a buyer who wishes to preserve and enhance the rich tradition of these historic lands. Nestled between the Waipunalau Gulch to the west and the Waikama Gulch to the east; bounded by the Kohala Ditch on a portion of the lower (north) side and the Kohala Forest Preserve on the upper (south) side, this parcel embodies the agricultural heritage of Kohala. Currently used for cattle grazing on its eastern portion, its deep fertile soil would support many types of agriculture. The middle section was previously licensed to a small scale sustainable farm. There are unpermitted farm structures on the land, including a solar/photovoltaic system. With two existing lots of record, consolidation and resubdivision would be possible immediately if it better suited the purchaser's vision. The Ag-20 zoning could in principle allow for additional lots to be subdivided in time. One bordering gulch was previously the site of a zip-line; Kohala Ditch Adventures launches at a section adjacent to this parcel. The land has potential for eco-tourism or agricultural tourism. Water features include a pond, spring and seasonal streams and waterfalls in the gulches. Rainfall in this area is adequate for catchment water for agriculture and dwellings. A catchment pond was constructed to support the cattle ranching operation along with substantial fencing of pastures. The amenities of Kapaau and Hawi-restaurants, galleries, shops, Kamehameha Park for recreation, weekly farmers market— are a few miles from the property. The famous beaches of the Kohala Coast are a 40-minute drive. Hawi's Upolu airport can accommodate a small jet; Kona airport is 90 minutes away.
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MLS #263044 , Listed on 07/08/13 by HAWAII LIFE REAL ESTATE BROKERS
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MLS Listing Information for Waikama Rd

Exterior Features

Lot Description

  • Grassy

Lot Size

  • 485.0 Acres

Utilities

Water

  • Other (remarks)

Sewer

  • None

Additional Information

County

  • Hawaii

Listing Broker

  • HAWAII LIFE REAL ESTATE BROKERS

Current Taxes

  • 538

Zoning

  • A-20A

Land Tenure

  • Fee Simple

Home Value Estimates

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Price History for Waikama Rd

Date Event Price Source
07/08/13 New Listing $3,200,000 HI_HIS

Schools Information

From Public Records
School District: Score      
Hawaii Department of Education
5.7
     

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This Land for sale in Kapaau, HI is currently listed for $3,200,000. Featuring a lot size of 485.0 Acres, Waikama Rd has been on coldwellbankerrealestate.com for 508 days.

This listing is provided courtesy of HAWAII LIFE REAL ESTATE BROKERS. Interested in viewing more homes for sale near Waikama Rd Kapaau, HI 96755? You can search all Kapaau MLS listings, find a real estate agent, get a home value estimate and more on coldwellbankerrealestate.com.
Local real estate services provided by:
Coldwell Banker DAY-LUM Properties
Coldwell Banker DAY-LUM Properties
2 Kamehameha Avenue
Hilo, HI 96720

808.935.0399
Website provided and owned by Coldwell Banker DAY-LUM Properties.
Waikama Rd Kapaau, HI 96755 $3,200,000
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Data last updated: Saturday, December 3, 2016 at 9:03 AM. Properties in listings may have been sold or may no longer be available.