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AINAMALU AT WAIKOLOA BEACH RESORT, 
Waikoloa, HI 96743

$40,000,000


Bed


Bath


-

Sq Ft


238.05

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Joel Lapinta

Joel K. Lapinta

8089610161

Last updated:

May 1, 2025, 11:25 AM

MLS#

715536

Source:

HI HIS

About This Land

AINAMALU AT WAIKOLOA BEACH RESORT

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

238.05

MLS #:

715536

Last Updated:

May 1, 2025, 11:25 AM

Added:

6 month(s) ago


Finances & Disclosures

Finances

Price:

$40,000,000

Source:HI HIS
Listing information © 2021 MLS Hawaii, Inc. 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.