0 Keoneula Blvd Ewa Beach, HI 96706
This exceptional 5.5-acre fee simple waterfront parcel in Ewa Beach, Honolulu County, Hawaii (APN 9-1-134: 38 (por)), is located within the prestigious Wai Kai at Hoakalei resort community. Zoned for resort use, this construction-entitled site offers unparalleled development potential, with existing entitlements allowing for up to 950 visitor accommodation units across multiple parcels, including hotel rooms, timeshares, and condotels. Parcel I, the subject property, is planned for approximately 225 luxury hotel rooms. Situated within a 1,100-acre mixed-use development featuring 4,000 homes, retail, a championship golf course, and Hawaii's first standing wave pool, this property benefits from existing infrastructure and readily accessible utilities (electricity, water, sewer, and telecommunications). The site is rough-graded and ready for immediate development upon receipt of building permits. This rare opportunity presents a unique chance to create a significant, globally recognized resort development in a vibrant tourism market, leveraging the existing amenities and the high visitor traffic of Oahu. The developer's substantial prior investment in the community further enhances the property's value and potential. This exclusive waterfront location offers expansive ocean views, a highly desirable feature in the competitive Hawaiian real estate market. The flexible zoning allows for a variety of development options, ensuring a high return on investment.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.