54-250 Lokahi Rd Kapaau, HI 96755
This exceptional Hawai'i Island business opportunity encompasses a 14.5-acre oceanfront property boasting dramatic coastal cliffs and breathtaking Maui views. The established boutique eco-lodge, operating since 2008, features 16 guest rooms of varying types: eight in the main lodge, three freestanding hale, and five yurts nestled within lush tropical landscaping. The main lodge includes a commercial kitchen, dining room, yoga/dance studio, library/media room, and reception/office. A comprehensive spa complex offers a swimming pool, hot tub, exercise/yoga hale, meeting room, locker rooms, and outdoor treatment platforms. The property's sustainable design incorporates a county water supply and an off-grid electrical system powered by solar energy with a backup generator. A 2024 permit amendment allows expansion to 36 guest rooms, significantly increasing revenue potential. Five acres are dedicated to hotel and spa facilities, while the remaining land is cultivated as orchards and gardens, showcasing native and tropical flora. A shoreline access trail provides guests with scenic hiking opportunities. The property's secluded location in historic Kohala, birthplace of Kamehameha I, attracts a loyal clientele of corporate groups and individual travelers seeking privacy and a unique natural setting. The sale includes both the real property and business assets, including future bookings. This is a rare opportunity to acquire a thriving, sustainable business with significant growth potential in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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