UPDATED:
Key Details
Property Type 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
Lot Size 10.750 Acres
Source Hawaii Information Service
Land Area 468270
Property Description
Unlock one of Waikoloa Village's most dynamic development opportunities! This rare 10.75-acre corner parcel sits at the intersection of Auwaiakekua Place and Paniolo Avenue — directly across from Waikoloa Highlands and brand-new Waikoloa Plaza shopping center, a 136,000+ sf retail hub on 18 acres anchored by Foodland, Ace Hardware, Popeyes, and more.
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 Auwaiakekua 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 could 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.
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
County Hawaii Island (big Island)
Community Waikoloa
Area Hi
Zoning A-5A
Region South Kohala
City Region South Kohala
Exterior
Utilities Available Electricity Available, Other, Underground Utilities
View Y/N Yes
Water Access Desc Other
View City, Mountain(s), Pasture, Sunrise, Sunset
Topography Hilly,Rolling Terrain
Garage No
Private Pool No
Building
Lot Description Grassy, Rocky
Sewer None
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
Special Listing Condition Fee Simple, Standard
Nearby Locations
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