Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ocean View Land For Sale Title is generated by Realmo AI

    CATAMARAN LN, Ocean View, HI 96737

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Ocean View, HI

    Lot size:
    1.00 Acre
    Added:
    Mar 2, 2026
    Days on Market:
    77
    Last Refresh:
    May 18 at 11:06 am

    Property Features for CATAMARAN LN

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-1A
    Standard status
    Active
    APN
    3920650020000
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    200

    Utilities

    Utilities
    Phone Available
    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Nancy J Stafford

    Listing agent Nancy J Stafford License #RS-79020

    Listing office ZT Hawaii LLC Wailuku, HI

    Listing date Mar 2, 2026

    MLS# 728336 Listing URL

    Copyright © 2026 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.

    HighLights

    • Large lot size (122 x 356 ft) offering ample space and privacy.
    • Potential ocean view from the property.
    • Located in Hawaiian Ocean View Estates, providing access to local amenities (restaurants, gas stations, markets, post office, hardware).
    • Priced below tax assessed value.
    • Densely wooded with native trees and vegetation.
    • Proximity to Kailua‑Kona and the international airport (just over an hour away).

    Overview

    This is a wide (122 x 356 ft) lot located about halfway up into Hawaiian Ocean View Estates (HOVE). The property is densely wooded with a variety of native trees and other vegetation. An ocean view should be able to be seen from the interior of the property. According to Helco, there is no conventional power available at this lot, so solar or wind power would need to be installed for off-grid use. The property is located in Lava Zone 2 and Flood Zone X. Ocean View has several small shopping centers with access to restaurants, gas stations, markets, a post office, hardware and many other small businesses. Kailua-Kona, where most major services and an international airport are located, is just over an hour north. The lot size is 1 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Ocean View
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.7640757
    Latitude
    19.1187005

    Nearby Similar for Sale

    • $19,999

      Ocean View Wooded Land Parcel

      One-acre wooded lot ideal for building a dream home.
      OUTRIGGER DR, Ocean View, HI 96737
      View Details
    • $55,000

      Graded Land with Ocean Views

      Two-acre lot in Ocean View with ocean and mountain views.
      92-9018 TIKI LN, Ocean View, HI 96737
      View Details
    • $29,900

      Ocean View Land Parcel

      One-acre lot in Hawaiian Ocean View Estates.
      KING KAMEHAMEHA BLVD, Ocean View, HI 96737
      View Details
    • $120,000

      One-Acre Land with Lava Tube

      One-acre property featuring a privately accessible lava tube system.
      SEA VIEW DR, Ocean View, HI 96737
      View Details
    • $18,000

      Ocean View Acre Land Parcel

      One-acre raw land with ocean views in Ocean View, HI.
      CORAL PKWY, Ocean View, HI 96737
      View Details
    • $57,000

      Ocean View Land Parcel

      Three adjacent acres in Hawaiian Ocean View Estates.
      CATAMARAN LN, Ocean View, HI 96737
      View Details
    • $14,000

      Ocean View Land Opportunity

      Acre lot with ocean views in quiet Ocean View.
      PALM PKWY, Ocean View, HI 96737
      View Details
    • $21,500

      Forested Land with Ocean Views

      Forested ribbon lot with ocean views in Hawaiian Ocean View.
      92-2620 MAHIMAHI DR, Ocean View, HI 96737
      View Details
    • $60,000

      Expansive Ocean View Ranchos Land

      3-acre parcel with panoramic ocean views in Hawaiian Ocean View.
      POHA DR, Ocean View, HI 96737
      View Details
    • $28,000

      Ocean View Acre: Build Ready

      One-acre lot with ocean views near Highway 11.
      SEA BREEZE PKWY, Ocean View, HI 96737
      View Details
    • $65,000

      Two Acre Parcel in Ocean View

      Two acre parcel with driveway and graded paths in Ocean View.
      92-8484 PINEAPPLE PKWY, Ocean View, HI 96737
      View Details
    • $23,000

      Ocean View Acreage Ready

      One acre parcel in Ocean View with ocean and mountain views.
      92-8948 ORCHID PARKWAY, Ocean View, HI 96737
      View Details

    FAQs

    What type of property is this?
    Land - Wooded lot in Hawaiian Ocean View Estates.
    Where is this land located?
    The property is located at CATAMARAN LN Ocean View, HI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large lot size (122 x 356 ft) offering ample space and privacy.; Potential ocean view from the property.; Located in Hawaiian Ocean View Estates, providing access to local amenities (restaurants, gas stations, markets, post office, hardware).
    (808) 937-9225
    We can help!
    Listing Contact
    Nancy J Stafford
    Real Estate License ID: RS-79020
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    CATAMARAN LN, Ocean View, HI 96737
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!