Kapaau HI Commercial for Sale
$19,950,000
54-250 Lokahi Rd Kapaau, HI 96755
ADDITIONAL INFORMATION
Hawai?i Island Retreat is boutique eco-lodge set on dramatic oceanfront cliffs in North Kohala on Hawai?i Island. Designed to honor and work with the land, this property has been on the leading edge of sustainable, culturally sensitive, wellness-oriented hospitality since its opening in 2008. Special permits allow for five acres of the 14.5 acre parcel to be used for the hotel and spa facilities, with the remainder of the land in orchards, gardens, and tropical and indigenous landscaping. Guests are welcome to enjoy the entire property, and a shoreline access trail allows guests to hike in both directions. Over the years the Retreat has acquired a devoted clientele of workshop and corporate leaders who book the entire resort for their groups. In between group bookings, rooms are available to individual travelers. Guest value the privacy, natural setting, and location in the historic Kohala area, birthplace of Kamehameha I. A variety of room types include individual bungalows, lodge guest rooms with luxurious baths and private balconies, and yurts nestled into the tropical foliage. FEATURES: --14.5 oceanfront acres with coastline and Maui views --16 guest rooms include 8 in the main lodge, 3 freestanding hale, 5 yurts --Amendment to the permits was approved in 2024 to allow expansion to 36 rooms --Commercial kitchen, dining room, yoga/dance studio, library/media room and reception/office in main lodge --Spa complex includes swimming pool and hottubl, exercise/yoga hale, meeting room, locker rooms and outdoor spa treatment platforms --County water, off-grid electrical system (solar with back up generator) A family-run business since its inception, Hawai?i Island Retreat is looking for its next steward to continue to the tradition of hospitality. As one recent guest review says "This place has no equal." The offering is for both the real property and the assets of the business including future bookings.
Kapaau Real Estate
The median home value in Kapaau, HI is $647,500. This is higher than the county median home value of $522,400. The national median home value is $338,100. The average price of homes sold in Kapaau, HI is $647,500. Approximately 72% of Kapaau homes are owned, compared to 15.23% rented, while 12.77% are vacant. Kapaau real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kapaau real estate agent to arrange a tour today!
Kapaau, Hawaii has a population of 2,044. Kapaau is less family-centric than the surrounding county with 19.38% of the households containing married families with children. The county average for households married with children is 25.67%.
The median household income in Kapaau, Hawaii is $66,029. The median household income for the surrounding county is $68,399 compared to the national median of $69,021. The median age of people living in Kapaau is 45.6 years.
Kapaau Weather
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 64.3 degrees. The average rainfall is approximately 60.2 inches per year, with 0 inches of snow per year.