This hawaiian ranch , making up nearly one-third of the island of molokai, has been put up for sale and can be purchased for $ 260 million usd. · a native hawaiian community organization is working to acquire more than 55,000 acres of ancestral land from a hong kong-based billionaire investment firm for $ 260 million. · the ranch occupies roughly 35 percent of molokai, hawaii ’s fifth-largest island. The property went on the market thursday, sept. Molokai ranch , a pristine, 55,000-acre property on molokai island in hawaii , is on sale with sotheby’s international realty for $ 260 million. The property sits on the island’s western end and includes lush pastureland, tropical rainforest, two towns, and more than 20 miles of private beach. For most of us, the price tag might put owning this slice of paradise out of the question, but we can dream, right? The property sits on the island’s western end and includes lush pastureland, tropical rainforest, two towns. 7, and includes more than 300 parcels on the island — making it one of the top five privately owned properties in the state. · molokai residents are organizing to buy back the third of the island that’s owned by a foreign billionaire. · thirty-five percent of molokai — 55,575 acres — owned by molokai ranch , is up for sale for $ 260 million.