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North Shore's Iconic 2,740-Acre Dillingham Ranch Offered for Sale by Hawai‘i Life and Cushman & Wakefield

10/21/2020
HONOLULU, HI, October 21, 2020 – Dillingham Ranch on the North Shore of O‘ahu is now being marketed for sale by a joint effort between Hawai‘i Life and Cushman & Wakefield. The offering comprises an 18.8-acre oceanfront parcel and 2,721-acre working ranch.

Dillingham Ranch

The property stretches from the oceanfront at Kai‘ahulu Beach to the ridgeline of the Waianae Mountain range, bordering the Mokulē‘ia Forest Reserve. It includes over 1,125 linear feet of ocean frontage, and upland views of Ka‘ena Point to the world-famous big wave surfing beaches.

Located at 68-540 Farrington Hwy, the property is currently the largest contiguous land offering for sale on the island of O‘ahu and among the largest contiguous agricultural land offerings in the entire state.

Sales efforts for the historic property are being led by Matt Beall, Principal Broker with Hawai‘i Life; Matt Davis, Director with Cushman & Wakefield in Southern California; and Anthony Provenzano, Senior Vice President of local Cushman & Wakefield agency ChaneyBrooks. The team is listing the property for $45 million.

“Despite the transformation of ‘country’ O‘ahu over the past decades, Dillingham Ranch presents the rare opportunity for a buyer to steward a secluded, intact ahapuaʻa of rich agricultural lands that give the area its traditional name Mokulēʻia,” said Matt Beall.

“Existing uses of the Ranch include cattle grazing, farming, equestrian activities, polo on the world-famous Polo Field, as well as the potential for the property to be used as a premier event venue and film location,” said Matt Davis. “To further enhance potential uses of the property the seller has received approval of a Tentative Map for a 70-lot agricultural subdivision. Entitlements would add lots ranging from 3 to 8 acres allowing parcel owners to build a farm dwelling up to 5,000 square feet and receive a stipend to plant an orchard that covers at least one acre, depending on parcel size,” added Davis.

Hawai‘i Lifeʻs Director of Conservation and Legacy Lands, Beth Thoma Robinson, said, “Dillingham Ranch includes lands identified as having high conservation values, namely the agricultural potential for ranching and cultivation, cultural and historical significance, natural habitat, forest and water resources. The Trust for Public Lands and the North Shore Community Land Trust have offered to work with a purchaser wishing to donate conservation easements for potential tax benefits or locate sources of funding for the outright purchase of conservation easements.”

Dillingham Ranch was established in 1897 by Benjamin Franklin Dillingham, a sea captain who settled on O‘ahu in 1865. B.F. Dillingham founded the railroad that made these lands accessible for plantation agriculture, making him Hawai‘i’s first railroad tycoon. His sons became prominent developers on O‘ahu. Through the generations, Dillingham Ranch has welcomed notable guests and has been home to many ranchers.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

 

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Joshua Deale San Diego Communications Manager
Joshua Deale

Communications Manager • San Francisco

Mr. Deale leads strategic media relations and thought leadership efforts for the West Region markets, and oversees their online presence including managing article and social media efforts.