Ultra-rare, fee simple opportunity, for a 32.41 acres guest ranch located in North Kohala. This meticulously maintained, historic asset combines immediate cash flow with the potential to significantly grow the property and revenues into one of the quainter event facilities in the state of Hawaii. Surrounded by nature, the 4 current guest cottages sleep 16 guests, and entitlements are obtained to increase sleeping capacity by an additional 21 guests, along with the construction of a more substantial events facilities. Through immediate marketing and operational enhancements, current NOI could also be increased by improving under-market ADR’s and frequency of events. With tremendous value-add potential, there's opportunity to increase cash flow and revenues, making it an ideal acquisition for owner-users, investors, or developers. Owning a guest ranch on the Big Island of Hawaii is not just a business opportunity-it is a lifestyle that supports community, culture, and the environment while offering a unique and rewarding experience for both owners and its guests. This is a rare entry point into North Kohala’s high-barrier ecotourism commercial real estate market.