$3,500,000
$550K PRICE INCREASE

729 Palaau Ave Kaunakakai, HI 96748

Estimated payment $22,886/month

Total Views 7,231
2 Beds
2 Baths
1,000 Sq Ft
$3,500 Price per Sq Ft

Highlights

  • Beach Front
  • Docks
  • Gated Community
  • Boat Ramp
  • Indoor Arena
  • Island Location

About This Home

Now here is a unique opportunity to own oceanfront property right smack in the middle of the Hawaiian Islands. Grow the freshest seafood in the world including fish, shrimp, oysters or whatever suits your fancy. The facility sits atop a 157 acre fee simple parcel with about three quarters of a mile of oceanfront land on the island of Molokai. The farm include 23 ponds that range in size from a half acre to an acre and a half each. There is a on site hatchery, maintenance shop and even a 2 bedroom 2 bath farm dwelling. This gated facility has plenty of privacy yet less that ten minutes to town and less than 15 minutes to the airport. With Maui counties agricultural exemption you can enjoy low property taxes.

60 Kw or about 200 solar panels will keep your facility humming along with abundant clean energy producing chemical free and sustainable fresh seafood. With a transferable net energy metering agreement with Meco its the best you can get. It is estimated that during the life of this solar installation it will produce between one and two million dollars worth of electricity.

An onsite small boat launching site will get you out to prime fishing sites in no time. A great spot for standup Paddelboad or Kyacks with the calm waters that are inside of the fringing reef. If hunting is your thing then your in the best spot. The site includes a small orchard with mango, sour-sap, breadfruit and avocado.

The long term possibilities are endless with plenty of room for expansion. Don't miss out on this rare opportunity. Email me today to answer whatever questions you may have.

Steve Chaikin

Listed on: 01/23/2022

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Beach Front
  • Lake Front
  • Home fronts a canal
  • Fishing include sunfish
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Gated Home
  • Stone Wall
  • Irregular Lot
  • Few Trees
  • Current uses include agriculture, commercial, fish farm, hunting/fishing, residential single, aquaculture, agribusiness, alternative energy, vegetable farm, orchard
  • Potential uses include agriculture, fish farm, hunting/fishing, residential single, nursery
  • Historic Home

Parking

  • Automatic Gate

Interior Spaces

  • Living Quarters
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Pond
  • Wildlife includes whitetail deer, ducks, turkeys, doves, waterfowls, deer
  • Shop

Location

  • Easements include access, electric, pipe line, utilities, water lines
  • Island Location

Farming

  • Electricity in Barn
  • Breeding Barn
  • Equipment Barn
  • 10 Stock Tanks or Ponds
  • Cold Storage Facility

Additional Features

  • Indoor Arena
  • 3 Water Wells

Community Details

Overview

  • Community Lake
  • Campground in community

Recreation

  • Boat Ramp

Additional Features

  • Laundry Facilities
  • Gated Community

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 2
  • BathsCombined: 2
  • Office Phone: 808-658-3276
  • Listing Website: https://www.land.com/property/729-palaau-avenue-kaunakakai-hawaii-96748/13162137/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Outside Features: Cold Storage Facility
  • Potential Use: Agriculture, Fish Farm, Hunting/Fishing, Residential Single, Nursery
  • Number of Stock Tanks: Over 10
  • Number of Ponds: Over 10
  • Number of Wells: 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 2

Exterior Features

  • Dock: True
  • Gated Entry: True
  • Pond: True
  • Waterfront: True
  • Road Description: Private Road, Dirt
  • Fencing: Automatic Gate, Rock/Stone
  • Wildlife: Whitetail Deer, Ducks, Turkey, Dove, Waterfowl, Deer

Condo/Co-op/Association

  • Amenities: Boat Ramp, Campground, Gated Entrance, Laundry, Private Lake/Pond

Lot Info

  • Current Use: Agriculture, Commercial, Fish Farm, Hunting/Fishing, Residential Single, Aquaculture, Agribusiness, Alternative Energy, Vegetable Farm, Orchard
  • Barn Description: Breeding Barn, Electric to Barn, Equipment Barn, Indoor Arena, Living Quarters, Shop Building
  • Lot Description: Acreage, Adjacent to Greenbelt, Canal, Cultivated, Irregular, Partially Cultivated, Waterfront/Riverfront, Some Trees, Tank/Pond, Waterfront/Lakefront, Water/Lake View, Varied, Waterfront/Beachfront, Historical Property, Lakefront, Island, Beachfront, Rural
  • Easements: Access, Electric, Pipe Line, Utilities, Water Lines
  • Fish: Sunfish

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $3,500,000 +18.6% $3,500 / Sq Ft
01/23/2022 01/23/22 For Sale $2,950,000 -- $2,950 / Sq Ft
Hawaii Maui County Kaunakakai 96748

729 Palaau Ave, Kaunakakai, HI

This home is located at 729 Palaau Ave, Kaunakakai, HI 96748 and is currently priced at $3,500,000, approximately $3,500 per square foot. 729 Palaau Ave is a home located in Maui County with nearby schools including Molokai Middle School, Molokai High School, and Kualapuu Public Conversion Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Agent
Steve Chaikin
(808) 658-3276