Aleka Loop, Kapaa, HI 96746
FOR SALE

Aleka Loop
Kapaa, HI 96746

    $25,000,000

    $25,000,000

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    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.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    126 days ago

    Home Details for Aleka Loop

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: None, Sewer Not Available
    View
    Has a ViewView: Mountain(s), Ocean

    Exterior Features

    Exterior Home Features
    Exterior: None
    Frontage
    Not on Waterfront
    Water & Sewer
    Sewer: None
    Surface & Elevation
    Topography: Level

    Days on Market

    Days on Market: 126

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 4430020150000

    Price & Status

    Price
    List Price: $25,000,000

    Location

    Direction & Address
    City: KapaaCommunity: Kawaihau

    Agent Information

    Listing Agent
    Listing ID: 202600349

    HOA

    HOA Fee: No HOA Fee

    Listing Info

    Special Conditions: Bankruptcy Property

    Miscellaneous

    Mls Number: 202600349Living Area Range Units: Square FeetWater ViewWater View: OceanAttribution Contact: (808) 523-9708
    Listing courtesy of Mark D Bratton, (808) 523-9708
    Bratton Realty Advisors Ltd
    Source: HiCentral MLS, MLS#202600349
    Also Listed on HiCentral MLS.

    Price History for Aleka Loop

    DatePriceEventSource
    01/08/2026$25,000,000Listed For SaleHiCentral MLS #202600349

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    Comparable Sales for Aleka Loop

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2.25
    Lot/Land
    $897,000
    04/15/26
    -
    -
    2.29
    Lot/Land
    $415,000
    11/05/25
    -
    -
    2.44
    Lot/Land
    $520,000
    07/28/25
    -
    -
    2.49
    Lot/Land
    $500,000
    10/10/25
    -
    -
    2.73
    Lot/Land
    $470,000
    04/16/26
    -
    -
    2.75
    Lot/Land
    $420,000
    03/09/26
    -
    -
    3.02
    Lot/Land
    $1,170,000
    11/21/25
    -
    -
    3.26
    Lot/Land
    $670,418
    10/27/25
    -
    -
    3.37
    Lot/Land
    $355,000
    12/09/25
    -
    -
    3.38
    Lot/Land
    $485,000
    04/02/26
    -
    -

    Assigned Schools

    These are the assigned schools for Aleka Loop.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Kapaa

    At least 36 Trulia users voted on each feature.
    • 87 % Say car is needed

    • 78 % Say parking is easy

    • 75 % Say it's dog friendly

    • 75 % Say yards are well-kept

    • 67 % Say kids play outside

    • 67 % Say people would walk alone at night

    • 58 % Say there's holiday spirit

    • 57 % Say neighbors are friendly

    • 52 % Say they plan to stay for at least 5 years

    • 50 % Say there's wildlife

    • 49 % Say it's quiet

    • 33 % Say streets are well-lit

    • 32 % Say it's walkable to grocery stores

    • 32 % Say there are community events

    • 29 % Say it's walkable to restaurants

    • 27 % Say there are sidewalks

    Learn more about our methodology.
    • Adamcalig
      "My drive is easy, 45 minutes north on a two lane road that is 50 mph. 50 mph is the max on island. I have no traffic lights, epic. "
    • Mlymel44
      "The neighborhood has many generational families part of them. It’s a quiet neighborhood where u can play on the street. "
    • Matthew060616
      "Just visiting so I don’t know much About it but from what I’ve noticed it seems nice and like it is being developed to become more upscale. "
    • Justin M.
      "Great food. More modern. Not far from anything. Glad to enjoy the beach and sun. Hope to see more public events soon "
    • elgen j
      "Just visiting however the place is magnificent. The locals are very friendly and you instantly fall in love with the island life. "
    • Cindy F
      "We’ve only been here 3 months but love everything about this town! People, views, culture, great little restaurants, it’s amazing!"
    • Parrot48111
      "I own a few weeks for several decades at the Pono Kai Resort, and it starts to become one big community with us owners trying to meet up if our stays cross over. We have gains some great out of state friends this way!"
    • Parrot48111
      "Animals/pets are not allowed at the Pono Kai Resort. Kids are seasonal, depending when they are out of school. You may be able to walk your dog on the path along the ocean, but don’t bring it onto the property. The last thing I want to hear in paradise is a dog barking. I don’t see an issue with an indoors cat, but still not allowed, not even a parrot!"
    • Catherine P.
      "Dog Park is around the corner from my house! Great park for little dogs and big dogs! Great neighborhood no doubt! "
    • Robert P.
      "I love my lot. Great breezes, nice mountain view, and in close proximity to the Sleeping Giant trail head. This lot came with a nice lychee tree. We are excited to build. "
    • Kalikatsu
      "After living there 6 years as an owner, I think this is a WONDERFUL place to live. It's a long-established neighborhood with great local people. The lots are generous, everyone mellow, kind, and considerate. Living there was a dream."

    LGBTQ Local Legal Protections

    Mark D Bratton, Bratton Realty Advisors Ltd
    Agent Phone: (808) 523-9708
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2026-02-06 14:42:00 PST. Information is deemed reliable but not guaranteed. Copyright 2026 HiCentral MLS, Ltd
    Aleka Loop, Kapaa, HI 96746 is a lot/land. This property is currently available for sale and was listed by HiCentral MLS on Jan 8, 2026. The MLS # for this home is MLS# 202600349.