Waterfront
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Captain Cook, HI Waterfront Land for Sale

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Ocean View, HI Kealakekua, HI Naalehu, HI Holualoa, HI Kailua Kona, 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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Ocean-View Acreage Lot
Updated: Jun 20, 2025
Ocean-View Acreage Lot

85-4479 Lot 30 Kalehua Place, Captain Cook, HI 96704

$630,000
5.00 AC lot
5‑acre lot at the end of a cul‑de‑sac in the Kiilae Farms gated subdivision
Dramatic panoramic ocean views
Partially graded and partially fenced with wire fencing
Borders a large private parcel to the south
5+ acre community setting with all parcels 5 acres or more
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Waterfront Land Parcel with Club Membership
Waterfront Land Parcel with Club Membership

81-6436 KAELEHUA WAY, Kealakekua, HI 96750

$400,000
1.14 AC lot

Waterfront land zoned A-1a, offered with club membership for buyers seeking a view-focused home site.

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Waterfront Land with Ocean Views
Waterfront Land with Ocean Views

12 Mamalahoa Highway, Kealakekua, HI 96750

$1,999,900

Multi-parcel waterfront acreage offers gated highway access, ranch-road connectivity, agricultural soil, and buildable home sites.

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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 2 waterfront land for sale in Captain Cook, HI on our real estate platform. These investment opportunities span a total of 457,075 square feet of properties for sale, with an estimated market value of $1,205,000.

Sale prices for water rights properties in Captain Cook, HI start at $575,000, averaging $602,500, and reaching up to $630,000 — 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 50
Waterfront Land 27
Agricultural land / Farmland 13
Commercial land 1
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 $293.1K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hawaii County

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