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28-3514 HAWAIʻI BELT RD Honomu HI 96728

[Locked] • APN 3-2-8-013-038

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Details
Property Type Hospitality
Sub Type Hotel
Building SqFt 7,258
Lot SqFt 250,556
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code A-20A
Year Built 1993
Building Count 2
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

Introducing the Hamakua Hotel, the exclusive boutique luxury hotel nestled along Hawaii's stunning Hamakua Coast. This acquisition opportunity presents a rare chance to own a 3.4-acre fee-simple oceanfront property with exceptional features. Boasting a $2.5M+ renovation, the hotel offers luxury accommodations with breathtaking ocean views, an adult-only atmosphere, an infinity pool, and direct access to the beach. Situated in Honomu, HI, just 20 minutes from Hilo, the Hamakua Hotel stands as the sole permitted hotel along the 55-mile coastline, providing a unique competitive advantage. Guests are treated to a world-class culinary experience curated by renowned Chef Edward Delling-Williams and Executive Chef Joseph Martinez, featuring French-inspired dishes using local Hawaiian ingredients. This property appeals to luxury travelers seeking nature-based experiences with sophisticated amenities and culinary excellence. With rising demand for exclusive resorts in Hawaii and minimal local competition, the Hamakua Hotel represents a prime investment opportunity for those looking to enter the lucrative hospitality market on Hawaii Island.

Investment Highlights

A Trophy Oceanfront Holding
Set across 3.4 acres of fee simple land overlooking the Pacific, Hāmākua Hotel commands one of the most visually stunning settings on Hawai‘i Island. Every guestroom opens to sweeping ocean views, capturing the drama of the Hāmākua Coast and the quiet luxury that defines Hawai‘i’s enduring allure.

Historic Residence & Heart of the Property
At the center of the estate stands the original plantation-style home — once the beloved main house of a celebrated bed and breakfast and still the emotional core of Hāmākua Hotel. The residence includes a spacious master suite and three additional bedrooms, ideal for an owner-operator, family, or key staff. The lower level embodies classic island architecture, featuring a high-volume living room, an inviting breakfast room, and a professional chef-equipped kitchen that opens seamlessly to the ocean breeze. Blending timeless craftsmanship with modern comfort, these spaces invite conversation, connection, and calm — the places where guests most often say their memories were made.

Enduring Scarcity & Competitive Insulation
Hāmākua Hotel is the only legally permitted hotel along a 55-mile stretch of coastline on the Big Island — a distinction that delivers true scarcity and long-term competitive protection in a market defined by limited entitlements and rising construction costs.

Proven Pricing Power
Guests consistently pay between $749 and $1,249 per night, leaving exceptional reviews that reflect the property’s refined guest experience and strong rate integrity.

A $2.5 Million Transformation
A comprehensive renovation completed in 2024 introduced an infinity-edge pool overlooking the Pacific, a serene spa barn, upgraded guestrooms, and full infrastructure modernization — repositioning Hāmākua Hotel as a boutique luxury retreat of distinction.

Expansion and Future Vision
An exclusive option to acquire 22 contiguous acres unlocks the ability to create a 25.5-acre oceanfront estate with nearly one mile of coastline. This optionality provides a rare platform for future development — from wellness or culinary retreats to a collection of branded villas or a master-planned resort experience.

Prestige and Adjacency
Neighboring a celebrity-owned oceanfront estate listed at $23.5 million, the property benefits from heightened visibility, elevated cachet, and strong long-term exit potential.

Freedom of Identity
Unencumbered by any brand or management agreements, Hāmākua Hotel is offered free and clear — inviting a new owner to introduce a bespoke concept or align with a luxury or lifestyle flag of their choosing.

Market Momentum
The Big Island continues to lead the state in luxury hospitality performance, with RevPAR growing at a 6.9% compound annual rate over the past five years and strong forward-booking momentum extending into 2026.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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A-20A AgricultureAgricultural District
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
FA
F. Kevin Aucello PRO
•••.•••.3401
•evin@•••••••••••••.com
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