Buying To Build – Kawela
Fifth in a series
Buyers in the market for a “piece of paradise” are often surprised to find that vacant land, even very large “pieces,” is available and at prices that look like a bargain in comparison to what similar offerings would command elsewhere. In this “Buying to Build” series, Realtors will comment on listings ranging from multi-acre parcels in the country and on the coast to small lots in city neighborhoods…what they will have in common is that all will offer development potential.
Above the ruggedly beautiful Kawela coastline is one of the North Shore’s newest subdivisions of buildable vacant land. Waialee Beach stretches along the shore — Kawela Bay and Turtle Bay lie just northeast.
The Waialee Agricultural Subdivision, with a total of approximately 40 acres, is also known as Kawela Mauka and consists of six lots for sale which can be purchased separately or in various combinations. Totaling about 16 acres, they are partially cleared and surrounded by Conservation land and farms.
The lots are currently offered for sale by Realtor Julia Napua Fetzer of Hawaii Life Real Estate Brokers. Four buildable lots, zoned Ag-1, range from 2.1 to 2.9 acres and are priced from $895,000 to $1,200,000. Two lots, restricted to agricultural use, are 3 acres and 2.5 acres priced at $450,000 and $400,000, respectively.
The gated property, located on Kamehameha Highway, is accessed by private paved roads; utilities are available. Most of the property is level with enough of a gentle slope to provide a view of the ocean.
“Homes built on the lots would have panoramic views of the ocean, mountains, and forested land,” Fetzer said. “I can envision island-style or custom homes designed to take advantage of natural light and ventilation. Since the property and subdivision are ag-zoned, you could grow crops, have an orchard or nursery, maybe even a small ag-business or horses. You could go totally ‘green’ here with solar energy supplementing power from the grid. Development guidelines require that electrical wiring from the road to the lots be underground. Water is available to supply homes as well as agricultural operations. The ag zoning allows for one main dwelling within a 5,000 square foot footprint, as well as such ag-supportive structures as barns, stables, corrals, greenhouses, and workshops, on each buildable lot. The owner is currently grazing his horses on portions of the property.”
A 20-year North Shore resident, Fetzer pointed out that the Kawela area remains rural and sparsely developed although the famous surfing beaches and communities such as Sunset Beach and Haleiwa are close-by and attracting buyers from all over the world, as well as from other parts of Hawaii.
“More and more people are trying to embrace a healthier, active lifestyle and the North Shore of Oahu provides the kind of environment and atmosphere that encourages and supports it. Right here at Kawela there are opportunities for fishing, hiking, horseback riding, surfing, and swimming. Waialee Beach Park and Kawela Bay are within walking or biking distance. The Turtle Bay Resort, which has two 18-hole golf courses, and the 9-hole municipal course at Kahuku are just a short drive. The Laie Shopping Center with a variety of stores and businesses, restaurants, and a movie theater is just 15 minutes away. Kawela Mauka offers privacy without isolation.”
Fetzer said the Waialee subdivision represents some of the best values in vacant land on the North Shore, where prices have been increasing over the past year. She is showing the property by appointment.