KAUPULEHU OCEANFRONT HOMESITE LOT 1A | 72-111 PAHINAHINA PLACE, HAWAII’S BIG ISLAND
Situated in the gated community of Kaupulehu on Hawaii’s Big Island, the property was originally listed for $35 million. Rarely available and located within one of the newest development communities associated with Kukio, Lot 1A is prime location for a new build. It is one of Hawaii’s most exclusive oceanfront luxury residential communities on the Island. Featuring magnificent estate sites with fewer than 20 direct oceanfront lots, Kaupulehu’s dramatic, natural beauty is rich in Hawaiian history.
3.64 ACRES LAND | OFFERED AT: $35M, SOLD FOR: $33.750M
This unique real estate opportunity offers a buyer the possibility to purchase an expanded direct oceanfront parcel, which includes approved architectural building plans.
Plans, created and designed by architect Paul McClean of McClean Design Inc., reflect a 9 bedroom main residence, garage, two-story detached guesthouse with site walls, pool, and water features.
In 2006 130 acres was sold for the highest recorded land sale of $30 million, that is until now. The local real estate market has skyrocketed since the onset of the pandemic, leaving barely any properties for sale.
This level, graded-to-pad lot is ready to build. In addition to the panoramic ocean and year-round sunset views, the property has unobstructed, majestic mountain views to the east, and is perfectly suited to capture cooling ocean breezes.
The property is situated near the spacious Kaupulehu Beach Club amenities, including a double-tier swimming pool, dining lanai, bar and large events lawn. A pathway from the Club leads to a black sand beach. By invitation only, buyers have an opportunity to apply for a membership at the Kukio Golf and Beach Club.
Congratulations to all in this historical sale, it’s truly one to remember!