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Waikoloa Village Residential Off Of Ho'oko Street - Waikoloa Village Residential

179.9 Acres of Residential Land Offered at £5,477,150 in Waikoloa, HI 96738

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Investment Highlights

Rare opportunity to develop a low-density, upscale subdivision
Fantastic location in Waikoloa Village
Gently Sloping at approximately 800 feet of elevation

Hawaii Island has delivered little to no new supply in recent years
Highly constrained residential submarket

Waikoloa Village Residential Development Brochure

Property Facts

Price	£5,477,150	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
No. Lots	1	Total Lot Size	179.90 AC

Price	£5,477,150
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	179.90 AC

1 Lot Available

Lot

Price	£5,477,150	Lot Size	179.90 AC
Price Per AC	£30,446

Price	£5,477,150
Price Per AC	£30,446
Lot Size	179.90 AC

Description

CBRE is pleased to present the rare opportunity to acquire nearly 180 acres of Fee Simple land slated for a residential subdivision in Waikoloa Village on the Island of Hawaii. The gently sloping property offers panoramic views of the Pacific Ocean overlooking the famed Kohala Coast. The property is zoned RS-10 allowing one single family residential unit per 10,000 square feet of land area. Seller has had preliminary conceptual plans created that allows for a higher end, lower density subdivision which could accommodate 28 single family pads all of which would have sweeping views of the coast and surrounding mountains. The property is situated within Waikoloa Village and is just west of Waikoloa Elementary School. Commercial amenities in the area include the 73,000 SF Waikoloa Highlands Shopping Center and the new Waikoloa Plaza, a 136,000 SF retail shopping destination anchored by a Foodland grocery store and also offering a new Holiday Inn Express which is currently under construction. At approximately 800 feet of elevation, the property offers ocean views from most points on site.