Set along the coveted rim of Waikii Ranch on the Big Island of Hawaii, Lot 122 presents an exceptional opportunity to create a legacy estate within Hawaiʻi's only gated equestrian community. Encompassing approximately 10 acres, this remarkable homesite enjoys protected vistas that stretch across the Kohala Coast to the Pacific, framed by the majestic peaks of Mauna Kea, Mauna Loa, Hualālai, and the Kohala Mountains. The views remains a defining feature of this extraordinary offering. Unlike many vacant parcels, Lot 122 has already undergone extensive improvements, allowing a future owner to move forward with confidence. The property has been professionally graded and filled while preserving its natural beauty. It is fully enclosed with premium no-climb equestrian fencing complemented by a solar-powered hot wire system, making it immediately suitable for horses. Two well-constructed horse shelters are already in place, complete with water and electrical service. House plans will be included with an acceptable offer, representing valuable savings in both time and design costs. Designed with the equestrian lifestyle in mind, the parcel borders Waikii Ranch's expansive agricultural corridor, providing convenient access to more than 12 miles of private riding and hiking trails that meander throughout the ranch. Life at Waikii Ranch is unlike anywhere else in Hawaiʻi. Spanning approximately 2,000 acres on the western slopes of Mauna Kea at elevations between 3,500 and 5000 feet, the ranch enjoys an enviable year-round climate characterized by sunny mornings, cool evenings, low humidity, and crisp mountain air. Private ranch amenities include two gated entrances, an clubhouse with guest accomodations. A mere twenty minutes from the prestigious schools, hospital and shopping of Kamuela, come see just how special Waikii is.
Vacant landProperty Type
10 acresLot Size
$84,900Price/Acres
$537/moHOA Dues
Listed by Doreen Trudeau• Aloha Sotheby's Intl Realty - Hawai'i
Waikii, located between Waikoloa Village and Waimea town, is a golf-course and ranchland Waimea neighborhood with wide fairway views and big-sky sunsets. The neighborhood’s character concentrates at the Waikii Clubhouse, where the practice range, tennis courts, and lanai seating set a quiet, members-club rhythm. Custom homes lean contemporary-Hawaiian with lava-rock walls, deep lanais, and low-slung rooflines shaped for wind and light. The setting sits high on the saddle, so mornings can feel crisp before the afternoon sun returns. Drives trace open pasture and kiawe groves, with Mauna Kea and Mauna Loa framing the horizon.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Electric, wire, and wood fencing
Cleared and grassy rim lot
Fairly level, graded terrain
Road/street frontage
Pasture frontage
Paved private road access
Home design
Fee simple ownership
Zoned A-10A
Located in Lava Zone 8
Utilities
Photovoltaic power system
Electricity available
Private water source
Solid waste handled by private contractor
HOA & community
Association fee of $537
Financial info
Assessed value listed at $4,200
Annual tax amount listed at $200 (tax year 2026)
Other
Agriculture-dedicated land
No unpermitted improvements reported
Full ownership
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Vacant Land
County
Hawaii County
APN
3670070100000
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Last updated by owner on Aug 13, 2026.
A-10A
Agricultural District - 10 Acres
The A (agricultural) district provides for agricultural and very low density agriculturally-based residential use, encompassing rural areas of good to marginal agricultural and grazing land, forest land, game habitats, and areas where urbanization is not found to be appropriate. A-10a is an agricultural district with a minimum building site area of 10 acres.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Housing-Group
Housing-Single unit
Kennel
Veterinary clinic
Agriculture-Cropland
Agriculture-Pastureland
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Kamuela, HI • 96743
Average low and high temperatures (°F)
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Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Palekaiko Rd
$810,331
$39K under list price of $849K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $679K to $925K.