Ko Aina Ranch, a 660 ac. parcel (1 square mile of the Big Island!), is located within 8 miles of the center of historic Waimea. Accessed from the Waimea side of Mud Lane, the county maintained and recently paved road is a picturesque drive through an 80' canopy of old-growth Eucalyptus. The last ½ mile section of road leading to the ranch is newly graded and graveled with a public hiking trail alongside for exploring this pristine area known as Waikoekoe. Approx. 500 ac. is newly fenced for cattle and there are approx. 8 miles of interior roads. Zoned Agricultural 40 acres, the owners have preliminary subdivision approval for 6 lots ranging in size from 60 ac. to 160 ac. There is an approved water variance for the 6 lots; seasonal rainfall provides ample water for an efficient catchment system common in the area. Upon receipt of Final Subdivision approval for the 6 lots (with the combined, projected list prices totaling approx. $9 million), the bulk sale price for the total 660 ac. may no longer be available. With a purchase of the entire 660 ac. further subdivision of up to 16 lots may be obtainable with County approval; consider a Buy and Hold for future appreciation. Growth is obvious in the neighborhood and recent sales support the list price. Of special note is the fact this property is bordered on 2 sides by Bishop Estate, 1 side by the Hamakua Forest Reserve and the other by aN AG-40 agricultural community further augmenting the impenetrable level of privacy available here. The 660.80 ac. parcel offers potential for a very private, very large up-country ranch estate or family compound; the AG-40 zoning could allow for multiple dwellings. Outside of a single-residence scenario, deservedly this land's highest and best use is as a sustainable farming or ranching operation or as a green, eco-friendly facility. The Waimea Golf and Country Club is approx. 1 mile away. Taxes will be reduced substanially in '09 with filing of Agricultural Dedication.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
