Hawaii Living

81-540 Palena Pl (Captain Cook)

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81-540 Palena Pl, Captain Cook
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Description
Your Island Sanctuary Awaits at Hokuli‘aWake each morning to the gentle rhythm of the Pacific and the endless horizon stretching before you. Nestled within the prestigious gated community of Hokuli‘a, this brand-new luxury estate is being crafted to celebrate the beauty of Hawai‘i Island living—where architecture, landscape, and ocean views merge in perfect harmony.Designed by BLArchitects, this exquisite home is scheduled for completion in Spring 2026 and offers 3 bedrooms and 3.5 baths, including a private detached one-bedroom suite—a serene retreat for guests or loved ones. Inside, discover refined living with a walk-in pantry, study/office, and an effortless open-concept design that invites the outdoors in, with walls of glass framing panoramic ocean and sunset vistas.Step outside to your expansive lanai and resort-style saltwater pool and spa, complete with an outdoor shower and a private outdoor shower in the primary suite—a true expression of tropical luxury. Gentle trade winds and golden light set the tone for effortless island living.A three-car garage provides ample space for island adventures, while buyers still have the opportunity to customize high-end finishes to reflect their own sense of luxury and style.Just 20 miles to Kona International Airport, this extraordinary Hokuli‘a residence offers more than a home—it offers a lifestyle of connection, tranquility, and timeless Hawaiian elegance.
Recent Activity
  • Oct 27, 2025 Listed at $6,500,000
Recent Sales
(Captain Cook)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.32
  • Price / ft²: $2,088
  • Zoning: A-1a
  • View: Coastline, Garden, Mountain(s), Ocean, Ocean Horizon, Sunset
  • Property Condition: New Construction,Under Construction
  • TMK: 3810290460000
  • Tax Assessed Value: $450,100
  • Courtesy: Hawaii Luxury Real Estate / 8088964842
  • MLS: 725170
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 27, 2026.
Other Captain Cook Homes
$6,000,000
87-2854 Hawaii Belt Rd
5 Bds | 3 Ba
2,288 ft²
$5,850,000
82-5879 Old Government Main Rd
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3,008 ft²
$3,975,000
82-1097 Meli Rd
17 Bds | 9 Ba
7,470 ft²
$3,900,000
82-6047 Puuhonua Rd
3 Bds | 1 Ba
1,472 ft²
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Waimea Big Island
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Hilo
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Kona
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73-6244 Alani Loop #10
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81-7870 Alii Dr
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  • Asking Price: $6,500,000
Description
Your Island Sanctuary Awaits at Hokuli‘aWake each morning to the gentle rhythm of the Pacific and the endless horizon stretching before you. Nestled within the prestigious gated community of Hokuli‘a, this brand-new luxury estate is being crafted to celebrate the beauty of Hawai‘i Island living—where architecture, landscape, and ocean views merge in perfect harmony.Designed by BLArchitects, this exquisite home is scheduled for completion in Spring 2026 and offers 3 bedrooms and 3.5 baths, including a private detached one-bedroom suite—a serene retreat for guests or loved ones. Inside, discover refined living with a walk-in pantry, study/office, and an effortless open-concept design that invites the outdoors in, with walls of glass framing panoramic ocean and sunset vistas.Step outside to your expansive lanai and resort-style saltwater pool and spa, complete with an outdoor shower and a private outdoor shower in the primary suite—a true expression of tropical luxury. Gentle trade winds and golden light set the tone for effortless island living.A three-car garage provides ample space for island adventures, while buyers still have the opportunity to customize high-end finishes to reflect their own sense of luxury and style.Just 20 miles to Kona International Airport, this extraordinary Hokuli‘a residence offers more than a home—it offers a lifestyle of connection, tranquility, and timeless Hawaiian elegance.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 27, 2026.
    • Oct 27, 2025 Listed at $6,500,000
    Other Captain Cook Homes
    $6,000,000
    87-2854 Hawaii Belt Rd
    5 Bds | 3 Ba
    2,288 ft²
    $5,850,000
    82-5879 Old Government Main Rd
    4 Bds | 3 Ba
    3,008 ft²
    $3,975,000
    82-1097 Meli Rd
    17 Bds | 9 Ba
    7,470 ft²
    $3,900,000
    82-6047 Puuhonua Rd
    3 Bds | 1 Ba
    1,472 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
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    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.