The reason I updated my old post about financing for vacant land in Hawaii is that I have been getting so many inquiries lately. Yearning for a quieter lifestyle on a bit of acreage? My listings represent a good cross-section of the types of land available for sale in rural North Kohala on the Big Island, so letʻs take a quick virtual drive-by. We will start with the southern edge of the district just above the Kohala Coast resorts, and working our way north on Highway 270 towards Hawi, and then east towards the end of the road at Pololu Valley.
Kohala Ranch and the lower North Kohala Gated Communities
One of the questions I am frequently asked is why 3-, 5- or even 10-acre lots at Kohala Ranch sell for a relatively affordable $200-300,000… and why there are so many for sale at a given time. I provided some answers in a post last year, and this outlook still holds true.
It is important to note that Kohala Ranch and Kohala by the Sea are gated communities with CC&Rs and home design standards and review processes that will make your home larger and more expensive than if you were to build on acreage without those minimum size and material restrictions. There is a reason why resale homes listing start around $1 million.
Kaiholena – A Small Luxury Off Grid Community
If you are looking for a lot near the ocean, with coastline, sunset, and Maui views, and with less restrictive design requirements, you could consider my listing at Kaiholena, just north of Kohala Ranch. There are modest CC&Rs because the lots are behind a gate and share a well providing brackish water to them. Potable water can be trucked in, or the well water treated with reverse osmosis.
Puakea Bay Ranch – Room for Horses
Although there are equestrian trail easements around the perimeter at Kohala Ranch, there are only a handful of equestrian properties and horse owners there. Puakea Bay Ranch has a much higher proportion of horse-owning residents. Another big difference, and the main reason for the somewhat higher asking prices, is that Kohala Ranch is “mauka” of the highway (upland), and Puakea Bay Ranch is “makai” (ocean side).
Like Kohala Ranch, Puakea Bay Ranch is also a gated community, with even larger minimum home sizes. For a more in-depth comparison, see my earlier blog post.
Zoning from Hawi to Pololu Mainly Ag – 20 acres
As we continue on Akoni Pule Highway and turn the corner to the north-facing part of Kohala, we see a noticeable shift to green. Higher rainfall and deep soil makes this one of the most desirable agricultural districts on the island, which is why most vacant land parcels are zoned “Ag-20a”. That means that even if the parcel is under 20 acres, it cannot be further subdivided unless the resulting parcels would be at least 20 acres each.
Driving down Hoea Road towards my listing, you will pass a number of working farms and farm stands. The 42-acre parcel could be subdivided into two, or kept intact as a ranch, farm, or open space around your home.
Larger Acreages Still Available
I do have a legacy land listing of 485 acres, that has been subdivided along the lines of a gulch into a 67-acre parcel and a 418-acre parcel. An acreage of this size requires a new steward with vision. Agricultural conservation easements might be an interesting option given the water resources, forest conservation, and historical uses.
Of course, my listings are only a fraction of the vacant land listings in North Kohala. It is sometimes hard to sort through so many options, so feel free to give me a call or shoot me an email with your criteria, and I can help narrow down the choices for you.