Alekoko “Menehune” Fishpond for sale

$ 3,000,000.00

A thousand years ago, according to Hawaiian legends, Menehune handcrafted a fishpond with lava rock sourced from twenty-five miles away, within the span of one night. This fishpond would become commonly known as the Menehune Fishpond and was used to catch fish for the ali’i (Hawaiian Royalty).
Today, Cushman & Wakefield ChaneyBrooks is pleased to present this incredible opportunity to acquire the Alekoko “Menehune” Fishpond located in Lihue, on the beautiful island of Kauai. The Property consists of over 100 acres of diverse landscape nestled in Huleia Valley, which includes the Menehune Fishpond as well as a portion of the Huleia Stream. Not only is the Menehune Fishpond one of the finest examples of ancient Hawaiian aquaculture, it is the best example of an inland fishpond in the entire state, and is one of the rarest and most significant cultural sites on Kauai. The property abuts the Huleia National Wildlife Refuge, which is one of just two sanctuaries on the planet home to wild populations of five species of endangered Hawaiian waterbirds – the ae’o (Hawaiian stilt), ‘alae ke’oke’o (Hawaiian coot), ‘alae’ula (Hawaiian moorhen), koloa maoli (Hawaiian duck), and the State Bird of Hawaii, the nene (Hawaiian goose).
This is truly a once-in-a-lifetime opportunity to own a piece of Hawaiian History. The offering, paired with the right vision, can lend itself to a variety of possibilities from continued preservation of the fishpond in conjunction with Huleia Stream, to revitalization of the fishpond to promote education and the sharing of Hawaiian culture, or the potential to development a single-family home to care for and appreciate the land for generations to come, subject to governmental approvals.

Basic Facts

Status: Type: Purchase Type: Fee Simple Lot size: 102.049 acres

View on map / Neighborhood

Additional Resources

  • Fact Sheet
  • External Link: Property Video
    • Senior Vice President

    Ryan Sakaguchi is a Senior Vice President of Cushman & Wakefield ChaneyBrooks, specializing in sales and strategic re-positioning of commercial real estate investments in Hawaii. Mr. Sakaguchi began his professional career in public accounting. After acquiring his CPA license in 1996, he worked in the private sector in various managerial roles. Through an extraordinary opportunity to start up a real estate investment company in Tokyo, Mr. Sakaguchi launched his career in commercial real estate. Over the past 20 years, Mr. Sakaguchi completed more than 159 investment and lease transactions with a deal consideration topping $1 billion. Through these experiences, Mr. Sakaguchi has developed an in-depth knowledge in all commercial sectors of real estate including retail, industrial, multifamily, office and land categories while representing private investors, family partnerships, owner-users and institutional buyers. Some of his major Transactions are: • Maile Skycourt | Hotel | Disposition • Loves Bakery | Industrial | Acquisition • Maui Lani Village Center | Industrial | Project Sales • R&C Tours | Office | Disposition • Kapolei Lofts | Multifamily/Retail | Leasing & Disposition • Hilo Medical Office | Medical | Disposition • Dole Foods | Land | Disposition • Lex Brodies | Retail | Leasing • Isenberg Portfolio | Mixed Use Family Portfolio | Consultation & Disposition • Mariners Alley | High Street Retail Center | Acquisition • Palms of Kilani | Multifamily | Disposition • Burger King Lihue | STNL Retail | Disposition • CICO Warehouse | Industrial | Condo Conversion & Disposition

    • Licensed Real Estate Broker, State of Hawaii: RB-20653
    • Licensed Real Estate Salesperson, State of Hawaii: RS-64677
    • Certified Public Accountant: CPA-3370
    • (808) 544-1829
    • rsakaguchi@chaneybrooks.com
    This listing is located in Lihue, and is currently offered by Cushman & Wakefield ChaneyBrooks.