Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    56-2891 HALEAKALA VIEW PL Hawi, HI 96719

    View on Map
    For Sale
    $1,299,000

    LAND - Hawi, HI

    Lot size:
    10.00 Acres
    Added:
    Nov 20, 2025
    Days on Market:
    136
    Last Refresh:
    Apr 5 at 12:06 pm

    Property Features for 56-2891 HALEAKALA VIEW PL

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-10A
    Fencing
    Chain Link
    Standard status
    Active
    APN
    3560020210000
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    200

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Derinda Thatcher

    Listing agent Derinda Thatcher

    Listing office Coldwell Banker Island Properties - Kona Ali'i Sunset Plaza 75-5799 Ali'i Dr., Suite A-3, Kihei, HI

    Listing date Nov 20, 2025

    MLS# 725710

    Copyright © 2026 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.

    Overview

    Ocean View 10-Acre Parcel

    This almost oceanfront 10-acre parcel offers sweeping ocean vistas stretching to Maui, Haleakala, and the Coast Guard Station. The land provides an idyllic setting to build a dream home, with views of the annual Humpback whale migration. The property features three natural home sites and includes improvements such as full fencing, a water line for livestock or construction dust mitigation, and engineered access with a completed construction driveway. The land is located in a gated community just 5 minutes from Hawi's shops and restaurants, 45 minutes to Keahole Airport, and 15-25 minutes to the South Kohala resorts. Between the property and the ocean lies an equestrian easement and a natural park, protecting the views from future construction. The taxes are currently at the AG pasture rate. The property is zoned A-10A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Hawi
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.857
    Latitude
    20.2287

    Nearby Similar for Sale

    • $8,200,000

      North Kohala Guest Ranch Opportunity

      32.41 acre guest ranch with expansion potential in Hawaii.
      56-2864 Akoni Pule Highway, Hawi, HI 96719
      View Details
    • $8,000,000

      Oceanfront Estate Along Kohala Coast

      52.67-acre oceanfront estate with approved zoning for building a home.
      56-101 PUALANI RD, Hawi, HI 96719
      View Details
    • $1,065,000
      1,040 SF

      Ten Acres Near Hawi Town

      Fenced ten-acre property with infrastructure near Hawi town.
      55-442 HOEA RD, Hawi, HI 96719
      View Details
    • $1,090,000

      Hawi Ranch Estate with Ocean Views

      20.79 acre ranch estate with ocean and Maui views.
      56-113 PUALANI ROAD, Hawi, HI 96719
      View Details
    • $1,259,000

      Ocean View Acreage in Hawi

      20.19-acre parcel with panoramic ocean views in Hawi, Hawaii.
      56-135 PUALANI RD, Hawi, HI 96719
      View Details
    • $3,000,000

      Expansive Hawi Land Parcel

      67 acres of pristine land with ocean views.
      Hawi, HI 96719
      View Details
    • $1,894,999

      Agricultural Land with Ocean Views

      Land in Kohala with ocean views, perfect for agricultural estate.
      Lahuiki Place lot: #9, Hawi, HI 96719
      View Details
    • $915,000

      North Kohala Agricultural Land Parcel

      16.4-acre parcel with ocean views and essential utilities.
      55-3581 KAAUHUHU RD, Hawi, HI 96719
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Rare oceanfront parcel with protected views and thoughtful improvements.
    Where is this waterfront land located?
    The property is located at 56-2891 HALEAKALA VIEW PL Hawi, HI.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: Almost oceanfront 10‑acre parcel with protected, sweeping ocean views of Maui and Haleakala.; Three natural home sites with thoughtful improvements: fencing, water line, and engineered access with completed construction driveway.; Located in a gated community just 5 minutes from Hawi's shops and restaurants.
    (808) 960-3433
    We can help!
    Listing Contact
    Derinda Thatcher
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!