Will these 100+ acre trophy properties be the sites of future mega-luxury developments?

With immaculate designs and manicured grounds, it’s hard to imagine what the sites of the renowned estates looked like before construction. But at one time, notable estates and exclusive resort properties were just untouched plots of land.

As luxury real estate markets around the world continue to struggle to meet persistent demand, developers are now looking for sizeable plots to house their latest projects.

Here’s a look at some recent deals involving massive acreage in some of the world’s most desirable locations.

Kula, Hawaii

Sprawling across Maui’s Central Valley, Kalialinui Estate covers 646 acres of breathtaking rolling terrain. Formerly owned by the Maui Land & Pineapple Company, a land and operating company that owns approximately 24,300 acres on the island of Maui, the sprawling piece of land was listed by John B. Guard IV of Hawaii Life before it was sold in May for $9.6 million.

While large land sales are not uncommon in Hawaiian markets, the substantial size and lack of development make Kalialinui a rare opportunity with exceptional potential. Encompassing hills, valleys and ravines, the elevation of the plot ranges from 1,100 to 2,200 feet above sea level.

Regular exposure to the sun and a position away from areas of high winds allow for optimum crop growth and yield. In fact, a large part of the plot was previously used for growing pineapples. Remaining largely untouched, the land is also home to a variety of wildlife, including axis deer, pheasants and hogs.

Development opportunities range from private estate to agriculture to ecotourism. Located 20 minutes from the airport and with frontage on Lower Kula Road, the plot also shows potential for commercial space or a residential development.

Costa Alegre, Jalisco

After a brief downturn in the pandemic, tourism has not only returned to Mexico’s west coast, but has come back stronger than ever. So plots like El Tezcalame of 451 hectares (about 1,110 acres) will be more valuable than ever.

Featuring a variety of landscapes, from elevated plains to sand dunes to beach, El Tezcalame is in the municipality of Tomatlan in Costa Alegre, a budding destination 45 miles south of Puerto Vallarta.

With easy access to the highway and close to the future international airport of Chalacatepec, the site is well suited for resort residences. Located on the hillside, facing west, the plot offers stunning views of the sun setting into the Pacific Ocean below.

Priced at $60,000,000, the listing is owned by LPR Luxury.

Beverly Hills, California

When the ex-CEO of Google and the founder of Amazon would be interested in the same good, we know that it must be special. And there’s definitely something special about Enchanted Hill.

The 120-acre hillside outside Beverly Hills made headlines when it was put up for sale by the estate of late Microsoft co-founder Paul Allen and sparked interest from people like the Amazon founder Jeff Bezos. After trading hands in January for $65 million, the buyer was revealed to be former Google CEO Eric Schmidt, according to the WSJ.

At one of the highest points in the neighborhood, the site offers views of the ocean, surrounding mountains, and the Los Angeles skyline. Currently undeveloped except for a private street and two gated entrances, site plans have yet to be determined, although the potential for an exceptional private estate is certainly available.

The list was owned by Zach Goldsmith, Rick Hilton and the late Jeff Hyland of Beverly Hills-based Hilton & Hyland.


Hawaii Life, Hilton & Hyland and LPR Luxury are exclusive members of Forbes Global Propertiesa consumer marketplace and member network of elite brokerages selling the world’s most luxurious homes.