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SOLD
MLS: 653306
 
Asking Price: $47,300 Fee Simple
Sold Price: $47,300
Sold Date: 10/27/2023
Type: Land
District: Puna
Street: Coral Dr
Neighborhood: Ainaloa
Style: Vacant
Land Area: 12,000 SF
Days on Market: 1583
Year Built: 0
Zoning: A-1A
Roads: Other (remarks)
Property Taxes: $200
Assessed Value: $12,200
Assessed Ratio: 387.7%
Listing Courtesy: Salt Water Real Estate LLC
Terms Acceptable: 1031 Exchange,Cash,Construction Loan,Conventional,Other (remarks)
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Approved building plans included with price

Ainaloa is a fast growing community in Pahoa. The owners of this property have made the process of building a home easier and quicker, by obtaining approved plans and permitting for new construction. This process took almost 2 years to complete due to county office delays caused by the volcano eruption and Covid pandemic. These delays forced the sellers in a different direction, but, created a time saving opportunity for a buyer. The home plans and permitted documents are available for review. Find yourself a contractor and begin building. — Changes can be made to the plans or simply purchase the property and use your own plans.

The homes in this neighborhood have access to overhead electricity, although, going off grid with solar may be an option. Don't worry about other monthly utility bills because this neighborhood takes advantage of rain catchment and septic systems. The association's annual fee pays for road maintenance. The main road is paved, while some side roads are maintained dirt roads. Additionally, the neighborhood is constructed to limit traffic from neighboring areas, which results in less congestion. For future road paving plans, information about the subdivision, and any HOA information please visit http://www.ainaloacommunityassociation.org

In the local area, approximately 10 min away, is the Malama Market and newly built Puna Kai shopping center. Here you will find most of your necessities to keep you from needing to drive into Hilo. Additionally, Maku'u Farmer's Market (one of the larger markets) is hosted just 5 minutes from Ainaloa every Sunday. Link to video footage of property - https://drive.google.com/file/d/1kgmMj1OTFE6RyXog31YlgIhaCiQZFB5u/view?usp=sharing

Information herein may contain inaccuracies and is provided without warranties/guaranties of any kind. Buyer/Buyer’s representative must independently verify any information they deem material or important to their purchase.


 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
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