87-2721 Mamalahoa Highway

Captain Cook HI 96704

1975882 sq. ft.

Land

Last sold for $600,000

Kendra Powell, last sold this property on 05 June 2026 after 120 days on market.

Overview

Rare 45.36-acre Big Island parcel with one of the most spectacular ocean and sunset views on the coastline of Captain Cook, offered at only $998,750! Perfect for a variety of buyers - investors, farmers, vacationers, or anyone dreaming of a private estate. Beautiful, generously sized acreage is full of potential: develop agriculture, build your dream home/business, or create a family compound or hold onto it for later use. The property features versatile topography, with gently rolling terrain, wooded sections, open grassy areas & a variety of mature trees and dense foliage. Sweeping up the mountain from the shoreline to the highway, the top of the property sits at approximately 1,200 feet in elevation. The bottom 1.4 acres along the shoreline is conservation land, while the remaining 43.96 acres are A-5 agricultural. Highlights: -Zoned A-5A; potential to subdivide the property (buyer to verify with Hawaii County) -Varied terrain: multiple building sites, wooded sections, open pasture -Improvements: previous listings assert that prior work was performed with a D8 cat on an approx. 80,000 reservoir but was never completed, a smooth, paved road at the upper portion exists, a foot trail to the ocean exists but has been overtaken by flora & there is old abandoned home near the top & quonset hut near the road, both in poor condition (see photos). -Utilities: electricity available -Recreation: world-class diving, snorkeling, kayaking, fishing, swimming & exploring the shoreline -Scenic value: unobstructed views of South Kona coast, whale & dolphin watching, & year-round sunsets -Location: 15 mins to Pebble Beach, 30 mins to shops & restaurants, 45 mins to Kona, 1 hr to airport https://player.vimeo.com/video/1161627090 This is a rare Big Island opportunity w/ privacy, natural beauty, & flexible potential for investment, lifestyle, or long-term living. Don’t miss out on this 45-acre parcel with endless possibilities!

Features

1975882 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Captain Cook over the last 12 months, the estimated median property value of 87-2721 Mamalahoa Highway is $167.75k.

Median value

$167.75k

Estimated value range

$33.5k - $1.5m

Median days on market

Estimated value trend

29%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Captain Cook. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 87-2721 Mamalahoa Highway

2026

Sold

$600,000

05 Jun 2026 by Kendra Powell, of Hawaii Estates LLC

2016

Sold

$455,000

09 Feb 2016 by Mike Drutar, of Windermere/C and H Properties

Happy sellers in Captain Cook

We have insufficient information to provide an overview of customer satisfaction for Captain Cook. Viewing the agent profiles, reviews and sales for Captain Cook can provide insights for this location.