Rare 45.36-acre Big Island parcel with one of the most

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Acreage For Sale

87-2721 HAWAII BELT RD

Captain Cook, Hawaii 96704

Beachfront: Yes

Ocean View: Yes

Community: OLEIOMOA HOMESTEADS

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$998,750 45.360 acres

Rare 45.36-acre Big Island parcel with one of the most spectacular ocean and sunset views on the coastline of Captain Cook, offered at only $998,750! Perfect for a variety of buyers - investors, farmers, vacationers, or anyone dreaming of a private estate. Beautiful, generously sized acreage is full of potential: develop agriculture, build your dream home/business, or create a family compound or hold onto it for later use. The property features versatile topography, with gently rolling terrain, wooded sections, open grassy areas & a variety of mature trees and dense foliage. Sweeping up the mountain from the shoreline to the highway, the top of the property sits at approximately 1,200 feet in elevation. The bottom 1.4 acres along the shoreline is conservation land, while the remaining 43.96 acres are A-5 agricultural. Highlights: -Zoned A-5A with subdivision potential (county approval required) -Varied terrain: multiple building sites, wooded sections, open pasture -Improvements: previous listings assert that prior work was performed with a D8 cat on an approximate 80,000 reservoir but was never completed, a smooth, paved road at the upper portion exists, a foot trail to the ocean exists but has been overtaken by the flora & there is old abandoned home near the top and quonset hut near the road, both is poor condition (see photos). -Utilities: electricity available -Recreation: world-class diving, snorkeling, kayaking, fishing, swimming & exploring the shoreline -Scenic value: unobstructed views of South Kona coast, whale & dolphin watching, & year-round sunsets -Location: 15 mins to Pebble Beach, 30 mins to shops & restaurants, 45 mins to Kona, 1 hr to airport This is a rare Big Island opportunity w/ privacy, natural beauty, & flexible potential for investment, lifestyle, or long-term homestead. Don't miss out on this 45-acre parcel with endless possibilities!

  • Lot Size: 45.360 acre
  • Lot Dimensions: 
  • Beachfront: Yes
  • View Types: Ocean
  • Property Taxes: $5,888
  • MLS #: 727634
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Contact Information:
Beach Acreage For Sale in Captain Cook, Hawaii
Listing Agent: Kendra Powell, Hawaii Estates, LLC, 808-345-2899, 808-345-2899 Listing Site, Listing Status: Active
Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7228480
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Updated: Feb 04, 2026

This property is a Acreage located at 87-2721 HAWAII BELT RD, Captain Cook, Hawaii 96704, and is currently For Sale at $998,750.