The Coconut Beach Resort development site is offered for sale in connection with the chapter 7 bankruptcy case of SPD II Makaiwa Resort Development, LLC (“SPD”) currently pending as Case No. 23-07153 in the U. S. Bankruptcy Court for the Northern District of Illinois (“Bankruptcy Court”) by the duly appointed and acting trustee (“Trustee”) of the SPD bankruptcy estate. The Trustee is selling the property pursuant to certain bidding procedures to be approved by the Bankruptcy Court (“Bidding Procedures”). The property will be sold pursuant to order of the Bankruptcy Court under Section 363 of the United States Bankruptcy Code free and clear of all liens, claims and encumbrances to the greatest extent authorized under applicable law.
Active
$25,000,000
0 Aleka Loop, Kapaa, HI 96746
--beds
0baths
--sqft
Unimproved Land
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 22 days |
- 552 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: January 12, 2026 at 05:27pm
Listed by:
Mark D Bratton 808-523-9708,
Bratton Realty Advisors Ltd
Source: HiCentral MLS,MLS#: 202600349
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Exterior features: None
- Has view: Yes
- View description: Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Features: Level
- Topography: Level
Details
- Parcel number: 4430020150000
- Zoning description: 21 - Resort District
- Special conditions: Bankruptcy Property
Utilities & green energy
- Sewer: None
- Utilities for property: None, Sewer Not Available
Community & HOA
Community
- Subdivision: Kawaihau
Location
- Region: Kapaa
Financial & listing details
- Tax assessed value: $7,931,100
- Annual tax amount: $1,118,285
- Date on market: 1/7/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Listed for sale | $25,000,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 96746
Nearby schools
GreatSchools rating
- 3/10Kapaa Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 1/10Kapaa Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Kapaa High SchoolGrades: 9-12Distance: 2.7 mi
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