Looking to buy up some prime waterfront land in the Hawaiian islands? Lo’ihi Seaview Estates is selling it for a song: Only $39.95 per parcel.

There is a slight catch. This is a long-term investment, in that you won’t be able to build on it — or hell, even walk on it — for a while:

Scientists don’t really know when, or if, Lo’ihi will break the surface of the Pacific Ocean. Many guess about 10,000 years, but it could be much longer than that.

Honestly, if someone really wants to blow real money on fake property, I’d think Second Life’s land auctions would be more gratifying, and at least as geeky.