54-250 Lokahi Rd
$19,950,000
Price:
$19,950,000
Bedrooms:
0
Bathrooms:
Not Available
MLS:
(ACTIVE) 658858
Interior Area:
Not Available
Price/sqft:
$inf
Year Built:
Not Available
Lot Size:
14.50 acre(s)
Land Tenure:
Fee Simple
Property Type:
Business
On Market:
Jul 31, 2024
Updated:
Oct 03, 2024
Oceanfront:
Yes
Listing Remarks
Hawaiʻi Island Retreat is boutique eco-lodge set on dramatic oceanfront cliffs in North Kohala on Hawaiʻi Island. Designed to honor and work with the land, this property has been on the leading edge of sustainable, culturally sensitive, wellness-oriented hospitality since its opening in 2008.Special permits allow for five acres of the 14.5 acre parcel to be used for the hotel and spa facilities, with the remainder of the land in orchards, gardens, and tropical and indigenous landscaping. Guests are welcome to enjoy the entire property, and a shoreline access trail allows guests to hike in both directions.
Over the years the Retreat has acquired a devoted clientele of workshop and corporate leaders who book the entire resort for their groups. In between group bookings, rooms are available to individual travelers. Guest value the privacy, natural setting, and location in the historic Kohala area, birthplace of Kamehameha I.
A variety of room types include individual bungalows, lodge guest rooms with luxurious baths and private balconies, and yurts nestled into the tropical foliage.
FEATURES:
--14.5 oceanfront acres with coastline and Maui views
--16 guest rooms include 8 in the main lodge, 3 freestanding hale, 5 yurts
--Amendment to the permits was approved in 2024 to allow expansion to 36 rooms
--Commercial kitchen, dining room, yoga/dance studio, library/media room and reception/office in main lodge
--Spa complex includes swimming pool and hottubl, exercise/yoga hale, meeting room, locker rooms and outdoor spa treatment platforms
--County water, off-grid electrical system (solar with back up generator)
A family-run business since its inception, Hawaiʻi Island Retreat is looking for its next steward to continue to the tradition of hospitality. As one recent guest review says "This place has no equal."
The offering is for both the real property and the assets of the business including future bookings.
Property Location
Public Reports
Other Details
Address: | 54-250 Lokahi Rd , North Kohala 96755 |
Lat/Long: | 20.24699995 | -155.79824729 |
Taxkey: | 3540090140000 |
Lot Number: | 9 |
Property Type: | Business |
Full Baths: | |
Three Quarter Baths: | |
Half Baths: | |
Quarter Baths: | |
Land Area: | |
Oceanfront Parcel: | Y |
Pool: | N |
Utilities: |
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Association Dues: | $0 |
Annual Tax: | $40,910 |
Assessed Value: | $4,709,000 |
Assessment Year: | 2024 |
Zoning: | A-20A |
Assessed Land Value: | $303,500 |
Assessed Improvements Value: | $3,545,000 |
Annual Tax (Year): | 2024 |
Garage Area: | 0 sqft |
Lot Description: |
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Roads: |
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Topography: |
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Sewage: |
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The View: |
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