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    87-2721 Hawaii Belt Rd Captain Cook, HI 96704

    For Sale
    $999,000

    LAND - Captain Cook, HI

    Days on Market:
    26
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 87-2721 Hawaii Belt Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    3-8-7-013-018-0000

    Utilities

    Utilities
    Phone Available
    Water front
    1

    Equity Hawaii Real Estate LLC (808) 469-8970 [email protected]

    Listing agent Donna R Lay (808) 426-7875 License #RS-74853

    Listing date Nov 11, 2025

    MLS# 202513211 Listing URL

    Copyright © 2025 Honolulu Board of REALTORS®. 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 Agricultural Land

    This 45.36-acre property in Captain Cook offers spectacular ocean and sunset views along the shoreline. The location is known for fishing, diving, whale watching in the winter, and tuna schools in the summer. Zoned A-5, the property presents possibilities for agricultural development, a home-based business, a family compound, or future use, with potential for subdividing. The elevation at the top of the property is approximately 1200 feet, with an approximate 1-mile distance down to the shore. The bottom 1.4 acres of shoreline are designated for conservation. An old, abandoned home is located near the top portion of the property, and a quonset hut is situated on the south side, near the road; the condition of both is unknown. Previous infrastructure exists but needs to be uncovered. Access to the property is limited due to overgrown cane grass in the driveway, and a former foot trail to the ocean has been overtaken by vegetation. According to a prior listing, the property was extensively worked with a D8 cat, and an approximate 80,000-gallon reservoir was constructed but never completed. Electricity is available.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Captain Cook
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.879416
    Latitude
    19.287456

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    FAQs

    What type of property is this?
    Agricultural land - 45.36 acres with ocean views and development potential.
    Where is this agricultural land located?
    The property is located at 87-2721 Hawaii Belt Rd Captain Cook, HI.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Spectacular ocean and sunset views on the Captain Cook shoreline.; - Large 45.36 acre property with potential for agriculture, residential, or business development.; - Zoned A-5 with possibility for subdividing.
    (808) 426-7875
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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
    87-2721 Hawaii Belt Rd Captain Cook, HI 96704
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