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87-2721 HAWAII BELT RD, CAPTAIN COOK, HI 96704

45 acres of stunning Hawaii land for under $1M.

Listing Provided by: Hawaii Estates LLC
MLS #: 727634
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Description

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 with subdivision potential (county approval required) -Varied terrain: multiple building sites, wooded sections, open pasture -Improvements: previous listings assert that prior work was performed with a D8 cat on an approximate 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 the flora & there is old abandoned home near the top and quonset hut near the road, both is 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 homestead. Don’t miss out on this 45-acre parcel with endless possibilities!

Property Details

Price: $998,750
Sold Price:
Address: 87-2721 HAWAII BELT RD, CAPTAIN COOK, HI 96704
Ownership: Full
Status: Active
Category: Land
Type:

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Listed by: Hawaii Estates LLC
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Features and Amenities

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View: Coastline, Ocean, Ocean Horizon, Sunset
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Community Information

Project Name:
Subdivision Name: OLEIOMOANA HOMESTEADS
Association Fee: $0 Monthly
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Lava Zone: 2
Flood Zone: AO, VE, X

Land Information

Lot Size: 1,975,882 Square Feet
Waterfront: Yes
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Grassy, Rocky, Wooded
Frontage Type: Rocky Beach
Roads: County, Paved
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Zoning: A-5A
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Additional Details

Assessed Tax Value: $600,200
Annual Tax: $5,888
Tax Year: 2025
Tax Lot: 2A
Tax Block:

Utilities: Electricity Available, Phone Available, Water Not Available
Cooling:
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Sewer: None
Water: None
Solid Waste Disposal: None

First Listed February 4, 2026, 10:57 am
Last Updated February 4, 2026, 10:57 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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