Hotel Resort Redevelopment
4-241 Kuhio Highway Kapaa, HI 96746
4-241 Kuhio Highway, Kapaa, HI, 96746
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For Sale
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Iconic resort property features remaining concrete foundations and frames with planned redevelopment for a 350-room hotel.
Lot Size48.00 Acres
Days on Market105
Property Features for 4-241 Kuhio Highway
General Information
- Standard status
- Active
- Lot size
- 48.00 Acres
- Property subtype
- Hospitality
Listing agency
Berkshire Hathaway HomeServices Michigan Real Estate Traverse City
(808) 523-9708
Listed by
Kevin Aucello · License #HI
Source
Crexi
Added: Apr 10 Updated: Jul 23 at 6:16AM Checked: Jul 23 at 6:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Michigan Real Estate Traverse City
Investment Insights
Based on property information with market context.
Coco Palms Resort is a for-sale hospitality property built on approximately 48 acres and developed from its original 1953 start with 24 rooms. The main hotel buildings were damaged in 1992 by Hurricane Iniki, and the hotel was not reopened. Litigation continued for many years and the property deteriorated. Since 2016, the current owners have obtained entitlements and permits for redeveloping a 350-room hotel with additional planned amenities including restaurants, lounges, swimming pools, wedding venues, and a spa.
The property includes concrete foundations and frames of the main hotel buildings, which the seller notes can support expedited and less costly redevelopment. The site’s existing structure is a key part of the redevelopment plan, paired with the approvals already obtained for the next phase of improvements.
The available information supports that the redevelopment work is positioned around the remaining concrete foundations and frames, with permitting in place for a refreshed hospitality operation and related guest-focused uses.
The property includes concrete foundations and frames of the main hotel buildings, which the seller notes can support expedited and less costly redevelopment. The site’s existing structure is a key part of the redevelopment plan, paired with the approvals already obtained for the next phase of improvements.
The available information supports that the redevelopment work is positioned around the remaining concrete foundations and frames, with permitting in place for a refreshed hospitality operation and related guest-focused uses.
Key Highlights
- Approximately 48‑acre Coco Palms Resort property, set within the largest coconut grove in the Hawaiian Islands
- Planned redevelopment of a 350‑room hotel with restaurants, lounges, swimming pools, wedding venues, and a spa
- Concrete foundations and frames of the main hotel buildings remain, supporting expedited redevelopment
Property Analytics
Location Intelligence
Current Use by Public Records
Coco Palms Resort
Hotel & Motel
Coco Palms Tours
Resort
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FAQs
What type of property is this?
Resort - Iconic resort property features remaining concrete foundations and frames with planned redevelopment for a 350-room hotel.
Where is this resort located?
The property is located at 4-241 Kuhio Highway Kapaa, HI.
What are key features of this property?
This property features: Approximately 48‑acre Coco Palms Resort property, set within the largest coconut grove in the Hawaiian Islands; Planned redevelopment of a 350‑room hotel with restaurants, lounges, swimming pools, wedding venues, and a spa; Concrete foundations and frames of the main hotel buildings remain, supporting expedited redevelopment