56-2864 Akoni Pule Hwy, Hawi, HI 96719 For Sale

An established guest ranch and events center located on an exquisite 32.41 acres of land located in North Kohala on the Big Island of Hawaii. The property is one of the most authentic and beautiful historic ranches on Hawaii Island that blends history, nature, and rustic comfort. It has guest cottages that sleeps 16 guests in 4 existing buildings along with a wedding venue/pavilion to host special events. The establishment has been operating as a special events center since 2008, catering to individual nightly guests and larger groups that book out the entire facility. The owner has secured a conditional use permit that could allow for the construction of guest buildings that can sleep up to 21 guests or separation units for new accommodations for 2 along with other event-related structures.

This opportunity offers for a buyer to enjoy current cash flow with the potential to significantly grow the property and revenues into one of the more quaint and substantial events facilities in the state of Hawaii.

Leverage the property's entitlements to add up to 20 glamping units at a lower construction cost than traditional builds, each designed as private, hotel-style accommodations with en-suite amenities. This expansion could boost sleeping capacity while repurposing the four existing cottages into premium spa, wellness, and event-support facilities, enhancing revenue through diversified hospitality offerings and immersive eco-experiences.