Ainamalu At Waikoloa Beach Resort, South Kohala

$40,000,000

  • VIRTUAL TOUR MLS® #: 715536
  • Ainamalu At Waikoloa Beach Resort
  • South Kohala, Hawaii 96743

Ainamalu At Waikoloa Beach Resort, South Kohala

$40,000,000

  • VIRTUAL TOUR MLS® #: 715536
  • Ainamalu At Waikoloa Beach Resort
  • South Kohala, Hawaii 96743
0 Beds
0 Baths
10,369,458 Sqft
238½ Acres
0 Garages
  • Overview 10369458 SQ. Feet, 238.05 Acres
  • Listing Type Vacant Land
  • Office: Joel K. LaPinta

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. The property consists of 40 tax map key parcels. The property is entitled to the development of up to 420 residences on 125 acres, for a total of 252 acres. 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. 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.

Essential Information

MLS® #715536
Price$40,000,000
Bathrooms0.00
Square Footage10,369,458
Acres238.05
TypeVacant Land
Land TenureFee Simple
StatusActive
Assesed Value$13,434,000

Community Information

StateHawaii
Zip Code96743

Address

Ainamalu At Waikoloa Beach Resort

Subdivision

AINAMALU AT WAIKOLOA BEACH RESORT

Exterior

Lot DescriptionClear

Frontage

Highway/Freeway, Preservation, Road/Street

Additional Information

Date ListedNovember 4th, 2024
Days on Market30
ZoningRM-6
Description Land TenureFee Simple

Listing Details

OfficeJoel K. LaPinta
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Quick Details

This Property is priced at $40,000,000 and located at Ainamalu At Waikoloa Beach Resort, . With Bedrooms and 0.00 Bathrooms, it offers a total of 10369458 Square feet. This Vacant Land was built in and its status is Active. This property is represented by Joel Lapinta of Joel K. LaPinta, Contact Number 8089610161.

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Listing information last updated on December 4th, 2024 at 12:15pm HST.