One-third of the island of Molokai — the fifth-largest island in Hawaii — is up for sale for $260 million.
Whoever buys the ranch, which takes up roughly 35% of the island, will be one of the top five private landowners in the state.
In the 1800s, part of the land was occupied by the Hawaiian royal family.
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The island has a history of agriculture and an operating cattle business.
Until the early '80s, the island grew pineapples with the help of a now-banned insecticide called Heptachlor.
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There are two resorts on the property, both of which are now closed. There's the Lodge at Maunaloa — a property GL had begun developing before pushback from the community halted production — and the oceanfront Kaluakoi Hotel, which closed in 2001.
There is, however, the still-open Ironwood Hills Golf Course.
Bloomberg reported that there is a tight community living on the island. "We have a very strong activist community on this island," Richard ("Rikki") Cooke III, a resident on the island, said.
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There are over 20 miles of coastline and a mixture of landscapes, including pastures and rainforest.
Just off the coast is more than 14,000 acres of reef habitat.
There's also over 4,000 acres of forested conservation lands.
Honolulu is just a 30-minute flight by private jet from Molokai.