Key Details
Property Type Vacant Land
Sub Type HIS Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Waikoloa
MLS Listing ID 724397
HOA Y/N No
Annual Tax Amount $11,201
Tax Year 2025
Property Sub-Type HIS Vacant Land
Source Hawaii Information Service
Land Area 468270
Property Description
Bordering the Waikoloa Equestrian Center and just steps from KTA, restaurants, banking, and services, the property offers both visibility and convenience. Paved road frontage on Paniolo Avenue and Auwaiakeakua Place ensures excellent access, while the nearby Na Hale Makoa workforce housing project highlights the area's strong growth trajectory.
The County has confirmed this parcel can be subdivided into two 5-acre lots, giving buyers flexibility for phased development or resale. This makes it attractive for those ready to build now, as well as investors looking for land with built-in future options.
Currently zoned AG-5, the property is surrounded by parcels that already support RA, RM, and commercial uses. This opens the door for multiple possibilities: a single-family subdivision under RA-1 or RA-0.5 zoning, multifamily housing such as RM-3 or RM-5, or even mixed-use live/work units along the commercial frontage. Conceptual plans show the land could support up to 30 residential lots, or a creative mix of more than 80 multifamily units depending on zoning.
Large, developable acreage in Waikoloa Village is incredibly rare. With strategic rezoning, this parcel could position for resale in the $2.7M to $4.3M+ range. For comparison, residential lots of less than half an acre here trade between $275K and $500K, while finished homes often sell from $875K to $1.2M.
This property isn't just raw land — it's a launchpad for bold vision in one of the Big Island's fastest-growing communities.
Location
State HI
Community Waikoloa
Area Hi
Zoning A-5A
Region South Kohala
City Region South Kohala
Exterior
Utilities Available Electricity Available, Underground Utilities, Water Not Available
View Y/N Yes
Water Access Desc None
View City, HIS Sunrise, HIS Sunset, Mountain(s), Pasture
Topography Hilly,Rolling Terrain
Garage No
Private Pool No
Land Tenure Fee Simple
Waterfront YN false
Building
Lot Description Grassy, Rocky
Sewer None
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition Fee Simple, Standard
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