FINANCE

PURSUING VISION

An undeveloped five-acre oceanfront lot in Waialua, Hawaii, provides a savvy buyer the opportunity to develop a spectacular estate with a sustainable future.

JENNIFER DURRANS

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A once-in-a-lifetime opportunity presents it sell to purchase a magnificent five-acre beach frontage strip in Waialua on the esteemed North Shore. The sprawling coastline, crystal clear waters caress golden beach lines, with a backdrop of lush mountains on pristine, tamed jade green land. Ready to build the sizeable plot is secluded yet fifteen minutes to the center of Waialua, the central city hub, and the outer suburbs. The land is a gem awaiting a visionary seeking accessible oceanfront serenity and privacy within the United States to discover.

"A mere 30-minute drive from Daniel K. Inouye International Airport (HNL),this one-of-a-kind property, which is priced at $4.8 Million, well under appraisal value, offers a 5,000 square foot building footprint plus outside room for additional agricultural buildings, barns, etc.," describes the listing agent and area specialist Joel Cavasso. "With an unheard of 500 linear feet of beach frontage, water, and power, this beautiful property is ready for your dream agriculture hideaway!"

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Waialua, a small community on the North Shore of Oahu, was a former sugar mill town. While the sugar mill is no longer operational, coffee, bananas, and other diversified crops are being grown in this area on a small scale. Today trendy boutiques and hip cafes dot the fairly laidback, tranquil environment. Within riding distance from the lot are Dillingham Ranch and Polo fields.

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The opportunities seem endless. Construct a family compound or corporate retreat estate with every amenity imaginable. Think exquisite mansion with lush gardens, a gunite pool, pool house, horse stable, and more steps away from the beach with just the spectacular scenery in your view, no skyscrapers, no hotels; just you are your creation. Not to mention, it is Hawaii - where real estate has typically been a safe and rewarding investment. But this is not just any piece of land; it's an oceanfront property with a desirable climate, land tenure, and infrastructure. It doesn't get any better than that.

For more information, please contact:

Joel L. Cavasso

Compass

License #RB-13463

+1 808 216 9988

joelcavasso@me.com

https://www.lanikailua.com/