Address Withheld By Seller, Waikoloa, HI 96738
Local realty services provided by:Better Homes and Gardens Real Estate Island Lifestyle
Address Withheld By Seller,Waikoloa, HI 96738
$1,799,999
- 10.75 Acres
- Lots / Land
- Active
Listed by:vaihere otare8089894322
Office:exp realty
MLS#:724397
Source:HI_HIS
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Price summary
- Price:$1,799,999
About this home
Unlock one of Waikoloa Village’s most dynamic development opportunities! This rare 10.75-acre corner parcel sits at the intersection of Auwaiakeakua Place and Paniolo Avenue — directly across from the brand-new Waikoloa Plaza shopping center, a 136,000+ sf retail hub on 18 acres anchored by Foodland, Ace Hardware, Popeyes, and more.<br><br>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.<br><br>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.<br><br>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.<br><br>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.<br><br>This property isn’t just raw land — it’s a launchpad for bold vision in one of the Big Island’s fastest-growing communities.
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Home facts
- Listing ID #:724397
- Added:1 day(s) ago
- Updated:October 01, 2025 at 09:26 PM
Structure and exterior
- Lot area:10.75 Acres
Utilities
- Water:Water Not Available
Finances and disclosures
- Price:$1,799,999
- Tax amount:$11,201 (2025)
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