UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 705 sqft
Price per Sqft $3,546
Subdivision Holualoa 1 & 2 Partition Lots - Makai Section
MLS Listing ID 719200
Half Baths 1
HOA Y/N No
Originating Board Hawaii Information Service
Year Built 1943
Annual Tax Amount $8,843
Tax Year 2022
Property Description
Embrace this exclusive real estate opportunity in West Hawaii. Situated along one of Hawaii's most picturesque corridors, this .80-acre ocean view lot boasts a prime location in the heart of Holualoa Village — a vibrant artistic community known for its charm and cultural richness.
Property Highlights:
* .80 (8/10) acre of resort-zoned land
* 705 sq. ft. commercial building with rich history
* Breathtaking ocean views at a perfect elevation of approximately 1,400 ft. above sea
level
* Offering 38 permitted uses ranging from residential to commercial development
* County water and power already in place
Historic charm meets endless possibilities:
Nestled beside the iconic Kona Hotel, the existing building — originally constructed in 1943 by Zentaro and Hatsuyo Inaba — tells a story of resilience and nostalgia. This single-wall, wood-framed structure has evolved over time, currently housing a serene lomi lomi massage studio. The choice is yours: preserve its authentic character, modernize with thoughtful renovations, or reimagine the space entirely.
Boundless Development Potential:
The highly-coveted Resort zoning allows for a dynamic range of possibilities, including but not limited to:
* Boutique hotels, bed & breakfast establishments, and lodges
* Upscale restaurants, cafes, and retail shops
* Short-term vacation rentals and timeshare units
* Meeting facilities or artist studios
With sun-drenched days, gentle rainfall, and a lush landscape perfect for growing almost anything, this property offers an ideal blend of natural beauty and strategic investment opportunity.
Location
State HI
Community Holualoa 1 & 2 Partition Lots - Makai Section
Area 34991.0
Zoning V-1.25
Region North Kona
City Region North Kona
Interior
Appliance None
Exterior
Utilities Available Electricity Available
View Y/N Yes
View HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
Topography Gentle Slope
Garage No
Building
Sewer Cesspool
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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Travis Scott
Big Island Realtor | License ID: RS-83053
Big Island Realtor License ID: RS-83053