It’s a great American traditionâ€”land banking. Absolute fortunes have been created by buying and holding pre-developed land in the path of growth by people such as Donald Trump, Howard Hughes and Bob Hope. Are you next?
On Hawaii’s Big Island, there are still available many largeâ€”and smallâ€”tracts of land that are smack in the path of future developmentâ€”and there recently seems to be renewed interest in purchasing this sort of property. In the Kohala Coast’s most upscale private resort, Kuki’o, there is now only one oceanfront parcel of land left to buy from the developerâ€”at a rock bottom price of $4.5M. Lot #18 offers gorgeous ocean, mountain and Maui viewsâ€”and is one of the few truly oceanfront parcels at this most exclusive of all exclusive residential clubs.
We’ve recently represented a buyer for the second-to-last oceanfront parcel at Kuki’o and can say this is some of the best, most exclusive land to be found along the entire Kohala Coastline. Not ready to landbank? Perhaps it’s time to buy a lot upon which to build your dream estate. In any event, if you’re looking for some Kuki’o lifestyle, contact me.