WITH MORE THAN TWENTY MILES OF COASTLINE PROPERTY IT OFFERS A WIDE VARIETY OF OCEAN ACTIVITIES. In 1859, King Kamehameha IV established a sheep ranch on the west end at Kaluako‘i. Lands that eventually became part of Molokai Ranch were assigned as part of the Great Mahele, Hawaii’s land division of 1848. We are pleased to present the most comprehensive website serving the Maui real estate market, with an emphasis on the luxury micro-market. Also known as the “Friendly Isle,” Molokai is known for having a slow pace, rural style, and rich Hawaiian culture. The residents of Hawaii’s Molokai Island can only benefit from such a new owner.” A Viable Business. To protect the legacy of Molokai Ranch,” the email continued, “we prefer not to break up the assets by disposing of them on an individual basis. With all of this in mind, a potential buyer … Molokai is the birthplace of hula. The property is picturesque Hawaii with water-front cliffs, rainforests, and beaches. By HNN Staff | September 7, 2017 at 6:55 PM HST - Updated August 15 at 11:48 PM. We were impressed by her attention to detail and her knowledge of the market during these present times. Now our community is launching what we hope will be a final solution: a campaign to purchase Molokai Ranch (n.k.a. At that time, Molokai Ranch consisted of approximately 52,000 acres. Extraordinary. Molokai’s south shore features Hawaii’s most extensive coastal reef system, consisting of over 14,000 acres of pristine reef habitat. GL believes that, by partnering with Sotheby's, it will be able to identify a new owner with a new vision for Molokai Ranch. Luxury Real Estate, Sotheby's International Realty, © 2021 Realogics Sotheby's International Realty, Explore more of the Molokai Ranch on sothebysrealty.com, Special Projects + New Development Marketing Team. Kaluako’i Resort – Kaluako’i Resort and the surrounding 18-hole golf course is a prime oceanfront/hotel site. The extensive lands of Molokai Ranch offer a remarkable combination of towering sea cliffs, secluded beaches, prime pastureland and tropical rainforests. In the early 1970s, Molokai Ranch, then owned by the Cooke family, entered into a partnership with Louisiana Land and Exploration Company for the development of the Kaluako‘i Hotel and Resort. The Island of Molokai, central to the main Hawaiian Islands, has for generations been an oasis for Hawaiian royalty, tycoons and naturalists alike. The hotel, golf course and most of the common facilities have yet to be re-opened. Each year, RSIR experts provide an in-depth annual summary that provides data and information by market areas. GL believes that, by partnering with Sotheby’s, it will be able to identify a new owner with a new vision for Molokai Ranch. For more info contact: Listing Agent: Scott Carvill. Your go-to source for information on the newest homes and most innovative developments from top builders in Seattle and around the Puget Sound. It’s a working ranch but has cottages that can sleep four and a lodge that can sleep 22. GL believes that, by partnering with Sotheby’s, it will be able to identify a new owner with a new vision for Molokai Ranch. cuechi@mauinews.com Molokai Ranch’s land, which is for sale with a price tag of $260 million, encompasses a third of the island and includes 20 miles of coastline and 4,000 acres of forest. Get to know Carvill Sotheby’s International Realty For over three decades, Carvill Sotheby’s International Realty has been an innovative leader in the Oahu residential real estate market. Del Monte, then known as California Packing Corporation, arrived in 1927 and made their headquarters at Kualapu‘u. We have used Patty for 3 transactions over the years, and she is consistently outstanding!”, “Scott, our faith in your performance has easily been confirmed by your results. The decision stemmed from being denied permission to build a 200-lot luxury development on 500 acres at La’au Point. MOLOKAI RANCH DAZZLES WITH ROYAL HISTORY AND NATURAL WONDERS. The property, called Molokai Ranch, encompasses 55,575 acres of the island. This field is for validation purposes and should be left unchanged. Each franchise is independently owned and operated. Proudly representing all property types and price points throughout Puget Sound and beyond. Exterior Photo: Courtesy Aspen Snowmass Sotheby's International Realty Molokai Ranch (Hawaii) © 2021 Realogics Brokerage, LLC. The 55,575 acre Molokai Ranch on the Hawaiian island of Molokai is for sale with an asking price of $260 million. Maunaloa Town had its beginnings as a pineapple plantation town in 1923, when Libby, McNeil & Libby began to grow pineapple on land leased from Molokai Ranch. I have worked with a number of realtors on different transactions, in different cities, and I find them outstanding.”. The golf course was renovated and re-opened in 2004 and closed in 2008. Molokai Properties Ltd.) and create a community-based company to own and manage these lands in perpetuity. The ranch is home to a 1,200 head cattle operation and spans 35% of the island of Molokai. I just wanted to pass along high praise and appreciation for your Realtor, Eric Olson. We wholeheartedly recommend John as an agent. Also known as the “Friendly Isle,” Molokai is known for having a slow pace, rural style, and rich Hawaiian culture. Molokai Ranch presents an incomparable opportunity to acquire the largest collection of privately held real estate assets available in Hawaii. Princess Pauahi’s inheritance excluded the land of Kaluako‘i in West Molokai, as these were granted to her husband Charles Bishop in 1875. Cottages are $275 a night. They continued operations until the operations were sold to the Dole Corporation in 1972. Molokai’s south shore features Hawaii’s most extensive coastal reef system, consisting of over 14,000 acres of pristine reef habitat. With over 20 miles of coastline property, Molokai Ranch offers a wide variety of ocean activities. As the largest Sotheby’s affiliate in the Pacific Northwest, we represent the best of both worlds through our local and global reach. The ranch, which is listed with Kailua-based Carvill Sotheby’s International Realty, has 20 miles of coastline and includes two hotel properties, former … Willow Creek Estancia. Founded in 1995 in Kailua as a boutique real estate company, Carvill Sothebys International Realty accommodates a select group of top producing real estate agents. Realogics Brokerage, LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. “Patty Bell is the best realtor we’ve ever dealt with…..calm, professional, gets things done with ease…..even when it takes overcoming obstacles. Aloha and welcome to the official site of Island Sotheby's International Realty - the leaders in Maui real estate. He helped me to sell a condo last year and just closed on a house that my family and I are thrilled about! Price : 130M$ (USD), 174M$ (CND) Location : Rancho Santa Fe, Californie, … Spanning over 55,000 acres of its native island, the Molokai Ranch comes with much more than pastures and livestock. The residents of Molokai can only benefit from such a new owner.” I don’t think we could have found a better realtor for us. They soon commenced large-scale pineapple cultivation, mostly on land leased from Molokai Ranch. To protect the legacy of Molokai Ranch,” the email continued, “we prefer not to break up the assets by disposing of them on an individual basis. Thank you to each person involved. Listed by: Island Sotheby's Int'l Rlty(M) The Molokai Ranch utilities would serve his family as a last resort. The major urban center of Honolulu and the more populated islands are within 30 minutes via private or commercial air services. Hawaii’s Molokai Ranch said Monday it will shut down most operations, including a lodge and other tourist facilities on Molokai, at … Beautiful And Pristine, Kalialinui Ranch Offers 464 Acres Of Prime Land With Sweeping Bi-coastal Ocean And Mountain Views! Please click here to review our Digital Millennium Copyright Act ("DMCA") policy. All rights reserved. Wavecrest Resort, 7148 Kamehameha V Highway, Molokai… Molokai Ranch, a 55,575-acre parcel of land on the Hawaiian island of Molokai, just hit the market Massive property has secluded beaches, ranch land, commercial space, nature preserves and … Thank you for having such a well seasoned and pleasant agent as Nancy.”. Molokai Ranch. George P. Cooke, son of Charles M. Cooke, succeeded his father to become the manager of Molokai Ranch. His brother, High Chief Kapuāiwa gained title to the land that is now encompassed by Molokai Ranch when he became King Kamehameha V in 1863, and he expanded this holding through acquisition of more land and addition of other types of livestock. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies. $260,000,000 USD | Maunaloa, Hawaii  |  Carvill Sotheby’s International Realty. She is professional in every way and walked us through every step of the process. Looking to get a away from it all and social distance where hardly any one is around, this property can be it. The Kaluako‘i Hotel, under separate ownership, closed in 2000. “The extensive lands of Molokai Ranch offer a remarkable combination of towering sea cliffs, secluded beaches, prime pastureland and tropical rainforests.” The Ranch’s land holdings include 20 miles of the island’s coastline. Del Monte phased out its operations in the mid-1980s. GL believes that, by partnering with Sotheby’s, it will be able to identify a new owner with a new vision for Molokai Ranch. Molokai Ranch, which covers 35 percent of island, put on the market. GL believes that, by partnering with Sotheby’s, it will be able to identify a new owner with a new vision for Molokai Ranch. John was great during the sales process-the utmost professional, granular, and balanced. Relaxed, beautiful, and magically unrefined, the privacy and sense of authentic Hawaii are preserved, while world-class amenities are easily accessible. Find a trusted advisor who understands your needs and the ins and outs of our dynamic real estate market. Eric was friendly, knowledgeable, and accessible throughout the process and a pleasure to work with. West Molokai Resort 15A08/2194 0 Kepuhi Pl 15a08/2194, Molokai $210,000 Sold Price - 1 Beds, 1.00 Baths, 565 Sf MLS® # 380876 The ranch has been listed for $260 million dollars with Sotheby’s since the fall of 2017. https://www.sothebysrealty.com/eng/sales/detail/180-l-3806-3cssve/molokai-ranch-maunaloa-hi … As recently covered in The Wall Street Journal, Molokai was formed by three separate volcanoes, as evidenced by the island’s environmental diversity compressed within its small land area. (In 2017, GL Ltd. listed Molokai Ranch with Scott Carvill of Carvill Sotheby’s International Realty for $260 million. The residents of Molokai can only benefit from such a new owner." John Schamber recently acted as our agent to market and sell our architecturally signficant home in Honolulu. Extraordinary Maui Ranchland! At press time, however, the ranch was no longer listed for sale at Carvill’s website.) reside > luxury real estate. When the Ranch began producing honey, Molokai became the world’s largest producer of honey from 1910 to 1937. “We found Maureen O’ Guin an absolute pleasure to work with. With over 20 miles of coastline property, Molokai Ranch offers a wide variety of ocean activities. In October 2001, BIL International, on behalf of Molokai Ranch, re-acquired 6,300 acres on the southwest corner of Molokai. We soon had three offers on the property and he navigated the transaction to a smooth closing. Comprising approximately 55,575 acres and 35% of the island, Molokai Ranch is the most significant offering in the state of Hawaii. Mark Zuckerberg had reportedly considered purchasing it back in 2015, before he ultimately settled on a … All information provided is deemed reliable but is not guaranteed and should be independently verified. In 1859, King Kamehameha IV established a sheep ranch on the west end at Kaluako‘i. As the legend goes, a goddess named Laka spread the art form throughout the islands, and now every May the dance is celebrated in a festival known as Ka Hula Piko. Plantation-style homes, town homes and beachfront residences … Under George P. Cooke, Molokai Ranch progressed through cattle grazing, sweet potato, and wheat crops. Generations of History. The ranch is currently listed for $50 million through Sotheby’s International Realty. I have been in the Homebuilding Industry for 12+ years and, honestly, never seen the speed and quality of the results you have provided for us.”, “I wish to commend Nancy Young-Vieira on the manner in which she handled the recent sale of our Wahiawa home. This massive ranch is located on the western side of Molokai, the fifth largest of the Hawaiian islands, and spans approximately 55,575 acres — or 35% of the entire island. She listened to us carefully regarding what we were looking for in a house, and quickly identified properties that fit our specifications.”, 970 N Kalaheo Ave Suite A100 Kailua, Hawaii 96734, “It’s been a pleasure working with Kelly and Scott, who are experienced, professional, honest, and at the same time, friendly. Share. Good all around experience with Eric and Carvill Sotheby’s. The business group leased another 30,000 acres from the Hawaiian government. When she died in 1883, the property passed on to Princess Bernice Pauahi Bishop, the last descendant of the Kamehameha dynasty. The residents of Molokai can only benefit from such a new owner.” LIV Sotheby's listed the property — roughly 50 miles southwest of Grand Junction — Friday. In 1908, Charles M. Cooke acquired 100% interest in the fee simple lands and subsequently established Molokai Ranch. Carvill Sotheby's International Realty has listed the ranch for sale with 48,398 acres of land dedicated to agriculture. In 1897, Charles M. Cooke, son of the early missionary teacher, Amos Starr Cooke, along with a group of Honolulu businessmen, purchased 70,000 acres of land in fee simple from the trustees of Princess Pauahi’s estate. Dole ceased its Molokai operations in 1976. Richard Cooke III / Sotheby’s International Realty "The county and the state need to face up to their contributions to this problem," wrote Morgan. After initial success, the cash requirements of these investments led to the eventual sale of Molokai Ranch stock to Brierly Investments Limited (later to become BIL International Limited), who became the sole stockholder in 1987. In addition to the ranching operations, this extraordinary property consists of agricultural lands, nature preserves, and commercial, residential, golf course, oceanfront resort hotel, and upcountry lodge properties spanning over 300 parcels. The Molokai Ranch | Over 55,000 Acres of Historic Hawaiian Paradise. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. In 1898, the businessmen started American Sugar Company Limited on Molokai. $260,000,000 USD | Maunaloa, Hawaii | Carvill Sotheby’s International Realty. Maui. The time has arrived to offer a new owner the freedom to realize the property’s potential and to create an enduring legacy. It is the most expensive listing on its website, $19 million more than Molokai Ranch, a … *Seller reserves the right to change product offering without notice. Located on Molokai's west side and it is about 15 minutes to the airport and about 30 minutes. While Molokai Ranch has continued to engage in active cattle ranching and utilities operations, reopening the Kaluako‘i Hotel and resort operations has not been a priority. Venue of the Annual Molokai Ranch Heritage Rodeo with Maunaloa Town in background. By 1923, the Libby, McNeil & Libby Company had begun raising pineapple in the Maunaloa area on lands leased from Molokai Ranch. HONOLULU —. The successful new owner will be among the top five private landowners in the state. THE EXTENSIVE LANDS FEATURE A REMARKABLE COMBINATION OF TOWERING SEA CLIFFS, SECLUDED BEACHES, PRIME PASTURELAND AND TROPICAL RAINFOREST. In December 2001, Molokai Ranch acquired the land holdings of Kukui (Molokai), Inc., that included the abandoned Kaluako‘i Hotel, the Kaluako‘i Golf Course, and the undeveloped lands of the resort area. Under the current ownership, not much has changed in recent years. Princess Ruth Keli‘iokalani inherited the land on Molokai from King Kamehameha V upon his death.
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