Waterfront

Captain Cook, HI Waterfront Land for Sale

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Ocean View, HI Kealakekua, HI Naalehu, HI Kailua Kona, HI Holualoa, HI Pahala, HI
Land in Gated Community
Updated: Feb 27
Land in Gated Community

85-5195 KIILAE RD, Captain Cook, HI 96704

$575,000
5.49 AC lot
Rare proximity to world‑class snorkeling at Honaunau Bay (Two Step) and marine life conservation at Kealakekua Bay.
5‑acre flag lot in an exclusive, gated community (Ki'ilae Farms) offering privacy and space.
County water meter installed and power available with no SSPP cost share.
Access to the Ala Kahakai National Historic Trail (1871 Trail) for coastal hiking.
Minimal building restrictions: Minimum 1,750 sf, Maximum 30 ft height.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Captain Cook, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Oceanfront Homesite in Gated Community
Oceanfront Homesite in Gated Community

75-5483 KONA BAY DR, Kailua Kona, HI 96740

$1,000,000
0.58 AC lot

Oceanfront land parcel in a gated community, one lot off the shoreline near Kona Bay Drive end, with nearby green space.

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Ocean View Residential Building Lot
Ocean View Residential Building Lot

Kailua Kona, HI 96740

$399,000

Hillside waterfront-adjacent lot with sweeping ocean views, no HOA or monthly dues, and a water meter on site.

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Waterfront View Land Lot
Waterfront View Land Lot

31 Outrigger Drive, Ocean View, HI 96704

Contact for pricing

Staked waterfront lot offering coastline and horizon views at large rectangular lot dimensions.

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Gently Sloping Residential Land Lot
Gently Sloping Residential Land Lot

30 Palm Parkway, Ocean View, HI 96704

Contact for pricing

Gently sloping lot featuring Pahoehoe lava formations with coastline and South Point views within the subdivision’s upper third.

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Captain Cook, HI Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Captain Cook, HI on our real estate platform. These investment opportunities span a total of 239,275 square feet of properties for sale, with an estimated market value of $575,000.

Sale prices for water rights properties in Captain Cook, HI average $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 52
Waterfront Land 25
Agricultural land / Farmland 12
Recreation land 1

Demographics Overview

Population 7,975
Population Growth (5Y) +1.3%
Median Household Income $95,492
College Educated 48.0%

High-Yield Neighborhoods for Investment

Identify Captain Cook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
96704 $246.5K

Taxes & Financing

Tax Rate (average for all types) 0.85%
Property Tax per SF $24.38 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hawaii County

New Delisted

Total CRE Inventory on Market (SF)

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