Recently, a luxury development team is looking for investors to help construct a gated resort-style community just north of Miloli’i along the scenic Kona coast.
Endeavoring to call the project The Kona Estates at Ophihale, the luxury resort is intended to be situated across more than 300 oceanfront acres, according to Kona Development Partners and information culled from the project’s website.
According to an online presentation of the intended development (which can be viewed at investinkona.com), “…The Kona Estates at Opihihale will [consist of] a 40-Villa Boutique Resort and clubhouse with a resort style pool, restaurant and bar, walking and biking trails, health club, spa, kids club, and event area. This boutique resort will be used to host prospective residents during real estate sales, be available to Kona Estates residents without restriction, and enhance the overall community experience.”
The Kona Estates at Ophihale would also sport its very own heliport amongst its impressive list of intended amenities, which the online report states would all be of resort-quality for its residents and affluent guests alike.
All in all, the community would encompass sixty 1–3-acre homesites in all, with 2-4 bedroom villas or 4-6 bedroom grand estate luxury homes across the development. A pro shop, community center, racquet club, adults-only pool, spa treatment rooms, and several other high-end amenities are also discussed within the online presentation.
The development team is now accepting minimum investment capital of $100,000 and the opportunity to schedule in a call with the developers.
However, several regulatory hurdles will first need to be cleared in order for shovels to go into the ground. Currently, the parcels intended for the development are zoned for agricultural use, and would require rezoning and dividing into smaller parcels should the project move forward. Furthermore, developers would have to provide their own water source and obtain a special use permit for the proposed lodge, according to reporting from Big Island Now. Such changes would all require approval from the Hawai’i County Council and Planning Commission.
The development team is also pledging to work with the local native population, along with the farm bureau and the college, to incorporate traditional practices common to the region into the project: “Developing this beautiful land with respect to its history and culture will be a priority along with maintaining strong relationships with the community. We will adopt sustainable practices as well as incorporate the famous Kona Coast coffee production into the community through a co-op with local university agriculture students and farmers. Wind, solar, and geothermal technologies will be considered and implemented when possible.”
Exciting stuff! If you’re looking to get in on the ground floor, The Kona Estates at Ophihale could be an excellent opportunity for the discerning Big Island investor. We’ll be sure to keep you updated as things move along toward potential construction, and in the meanwhile don’t hesitate to reach out with any questions about making your next big splash in Hawai’i real estate. Aloha!