6 Acres with Ocean Views - Incredible Development Potential on Molokai
Price: $299,000
Location: 1695 Kamehameha V Highway, Kaunakakai, HI 96748
?? Rare Hawaii Development Opportunity
This exceptional 6-acre (approximately 250,000 sq ft) property on Molokai offers stunning ocean views and extraordinary development potential rarely found in Hawaii. With Interim and Agricultural zoning, this versatile land allows up to 20 single-family dwellings OR up to 10 duplex units, plus agricultural use on half the acreage. Located on paved Kamehameha V Highway with convenient access, this property represents a once-in-a-lifetime opportunity for developers, investors, or anyone dreaming of their own Hawaii estate.
Property Highlights:
* Incredible Development Potential: Up to 20 single-family homes (one per 12,000 sq ft) OR up to 10 duplexes (one per 24,000 sq ft)
* Ocean Views: Beautiful Hawaii ocean vistas from your property
* 6 Acres: Substantial 250,000 sq ft allows multiple development strategies
* Agricultural Rights: Farm or ranch on half the acreage while developing the rest
* Paved Highway Access: Prime frontage on Kamehameha V Highway
* Interim & Agricultural Zoning: Maximum flexibility for residential and agricultural uses
?? PROPERTY DETAILS:
- Size - 6.00 Acre(s) (5.85 ac, 0.09ac & 0.07ac)
- State - Hawaii
- County - Maui
- Lots are on Molokai Island
- Assessor's Parcel Number - 2-5-4-003-018-0000 & 2-5-4-006-040-0000 & 2-5-4-006-031-0000
- Property Address - 1715 Kamehameha V Hwy, Kaunakakai, HI 96748
- Road Access - Yes, Paved
??? Molokai Paradise & Investment Potential
Located on the authentic "Friendly Isle" of Molokai near Kaunakakai town, you're minutes from local shops, restaurants, and the charming harbor. Molokai offers unspoiled Hawaii beauty, world-class beaches, and a peaceful lifestyle away from tourist crowds. This property is perfect for developers seeking Hawaii's last affordable development opportunity, investors wanting to build rental income properties in paradise, families dreaming of a Hawaii compound with multiple homes, or agricultural entrepreneurs combining farming with residential development.
Why This is Special: Properties with this development density are extremely rare in Hawaii. The ability to potentially build 20 homes or 10 duplexes on 6 acres with ocean views represents exceptional value at $299,000. Whether you develop the entire parcel, build your estate and sell remaining lots, or create an agricultural operation with housing, the possibilities are extraordinary.