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    87-2721 Hawaii Belt Rd Captain Cook, HI 96704

    For Sale
    $1,440,990

    LAND - Captain Cook, HI

    Lot size:
    45.36 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 87-2721 Hawaii Belt Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    A-5A
    APN
    3870130180000
    Lot size
    45.36 Acres

    Utilities

    Utilities
    Phone Available
    Water front
    1

    Equity Hawaii Real Estate LLC (808) 426-7665 [email protected]

    Listing agent Donna R Lay (808) 224-2462

    Listing date Sep 19, 2025

    MLS# 721504 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

    Spectacular Ocean View Acreage

    This 45.36-acre property in Captain Cook offers views of the ocean and sunsets. The area is known for fishing and diving, with whale watching in the winter and tuna schools in the summer. The land features mature trees and dense foliage. Zoned A-5A, the property has potential for agriculture, a home-based business, or a family compound, with the possibility of subdividing. The elevation at the top of the property is approximately 1200 feet, with a distance of about 1 mile down to the shoreline. The property includes 43.96 acres of Ag-5 land and a 1.4-acre shoreline designated as conservation land. An old abandoned home is located near the top of the property, and a quonset hut structure is situated on the south side, near the road; the condition of both is unknown. Previous infrastructure may need uncovering. 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. Electricity is available. The property has a smoothly paved road beyond the upper portion. Prior work on the land included the construction of an approximate 80,000-gallon reservoir that was never completed.
    Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    Captain Cook
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.8811639
    Latitude
    19.28765651

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    FAQs

    What type of property is this?
    Agricultural property - 45.36 acres in Captain Cook with ocean and sunset views.
    Where is this agricultural property 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 $1,440,990.
    What are key features of this property?
    This property features: - Spectacular ocean and sunset views along the Captain Cook coastline.; - Large acreage (approx. 45.36 acres) with potential for agriculture, residential development, or subdivision (zoned A-5).; - Prime location for fishing, diving, whale watching, and observing tuna schools.
    (808) 224-2462
    Request Owner's contact information
    87-2721 Hawaii Belt Rd 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
    87-2721 Hawaii Belt Rd Captain Cook, HI 96704
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