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    86-3845 Old Government Rd Captain Cook, HI 96704

    Under Contract
    For Sale
    $5,495,000

    LAND - Captain Cook, HI

    Lot size:
    451.08 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 86-3845 Old Government Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    A-5A
    APN
    3860070080000
    Lot size
    451.08 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Cesspool
    Water front
    1

    Hawaii Life Real Estate Brokers (800) 370-3848 [email protected]

    Listing agent Tanya Sunshine (800) 667-5028

    Listing date Nov 16, 2025

    MLS# 713564 Listing URL

    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.

    Overview

    Expansive Oceanfront South Kona Property

    This expansive 451.08-acre property, situated on the slopes of Mauna Loa in South Kona, offers approximately a mile of Hawai'i Belt Road frontage and nearly a mile of oceanfront. The property includes two ranch-style homes, each featuring 3 bedrooms and 2.5 bathrooms, positioned to maximize ocean views. The land, interspersed with rock wall paddocks and accessible by 4WD roads, provides direct ocean access. The property is located approximately 1.5 miles south of Hookena Beach Road, past the Waiea Transfer Station, and minutes from eateries and gas stations. The land features fertile soil suitable for cultivating coffee, cacao, or tropical fruits, benefiting from consistent 70-degree days and afternoon showers. A well close to sea level is available for rehabilitation. Comprised of 3 parcels and zoned Ag-5a, the property offers subdivision potential. The Ala Kahakai National Historic Trail runs along the coastline. This property is suited for a family legacy estate, offering privacy and serenity, or a working farm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Captain Cook
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.8821408
    Latitude
    19.35045516

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    FAQs

    What type of property is this?
    Farm - 451-acre property with highway frontage and ocean access.
    Where is this farm located?
    The property is located at 86-3845 Old Government Rd Captain Cook, HI.
    What is the asking price?
    The asking price for this property is $5,495,000.
    What are key features of this property?
    This property features: - Expansive 451-acre oceanfront property featuring approximately one mile of ocean frontage and unobstructed Kona Coast views.; - Two 3-bedroom, 2.5-bathroom ranch-style homes are strategically positioned to maximize ocean views.; - Subdivision potential due to Ag-5a zoning and comprising 3 parcels.
    (800) 667-5028
    Request Owner's contact information
    86-3845 Old Government Rd Captain Cook, HI 96704
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    Captain Cook, HI 96704
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    Realmo Value Estimation

    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.

    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.

    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
    86-3845 Old Government Rd Captain Cook, HI 96704
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