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Holualoa,HI 96725
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
Year Built 1943
Annual Tax Amount $8,843
Tax Year 2022
Property Description
Rare Resort-Zoned Ocean View Property in the Heart of Holualoa Village:
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 Hi
Zoning V-1.25
Exterior
Utilities Available Electricity Available
View Y/N Yes
View HIS Coastline,HIS Sunset,Ocean,Ocean Horizon
Waterfront YN false
Building
Sewer Cesspool
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Fee Simple,Standard