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Volcano Rd - Kahanu Estates Subdivision 45.94 Acres of Residential Land Offered at $6,700,416 CAD in Kurtistown, HI 96760

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INVESTMENT HIGHLIGHTS

  • 45-acre lot with Tentative Subdivision Approval from Hawai‘i County, located a short drive off the highway.
  • Infrastructure design underway, including internal roads: Hanalei Rd, a 2,000-foot main road, and 'Ilikea Rd, providing secondary cul-de-sac access.
  • State DCCA filing has been submitted + CCRs + HOA docs have been prepared.
  • Planned 40 1-acre lots with county water secured and HECO power available in Kurtistown, Hawaii, just 9 miles south of Hilo.
  • Along Huina Road and the Volcano Highway with excellent proximity to Keaau town, schools, restaurants, and shopping
  • Topography complete and Use and Occupancy Approval has been granted to bring a waterline onto the property

EXECUTIVE SUMMARY

Kahanu Estates Subdivision presents a rare and exciting development opportunity in Kurtistown, Hawaii. Located on Volcano Road near Huina Road, this expansive 45.94-acre parcel comes with tentative subdivision approval from Hawaii County for 40 1-acre residential lots, some of which may be larger. The property is being thoughtfully modeled after successful nearby subdivisions such as Keaau Agricultural Lots and Ola Hou Estates, offering a vision for a vibrant neighborhood.

Significant progress has already been made toward final subdivision approval, with entitlement, legal, and civil engineering work well underway. The project has moved beyond early risk stages, positioning it on a clear path toward completion. County water allocations have been secured through May 2026, and the property benefits from nearby HELCO power and high-speed internet availability.

Strategically located just 9 miles from Hilo and approximately 85 miles from Kailua-Kona, the property is a roughly 10-mile drive to Hilo International Airport and about a 20-mile drive to Hawaii Volcanoes National Park. Also located just above educational institutions, including Kamehameha Schools and Kea’au Public Schools, as well as local and national retailers at Kea’au Shopping Center. The area is known for its cooler climate, natural greenery, and quiet outskirts, making it highly desirable for both residents and renters.

Development milestones already achieved include use and occupancy approval for bringing a water line onto the property and the installation of a required stoplight at Huina Road. Civil engineering began in 2024 with Okahara Engineering & Associates, while Carlsmith Ball LLP was retained to manage Department of Commerce and Consumer Affairs (DCCA) registration and legal documentation. Homeowner Association (HOA) documents have been prepared and DCCA filing has been submitted, and the final subdivision map is nearing county approval.

Volcano Road is a high-traffic area exposed to over 24,000 vehicles per day, enhancing its visibility and accessibility. The surrounding population of 75,000 has grown at a rate of 2.6% over the past four years and is expected to continue increasing, further supporting the viability of residential development.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,700,416 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 45.94 AC
Zoning Ag-1A - Subdivision

1 LOT AVAILABLE

Lot 10

Price $6,700,416 CAD
Price Per AC $145,851.46 CAD
Lot Size 45.94 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-1-7-017-003-0000
Land Assessment
$890,482 CAD
Improvements Assessment
$0 CAD
Total Assessment
$890,482 CAD
  • Listing ID: 38131284

  • Date on Market: 2025-10-18

  • Last Updated:

  • Address: Volcano Rd, Kurtistown, HI 96760

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