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SOLD
MLS: 281397
 
Asking Price: $629,000 Fee Simple
Sold Price: $600,000
Sold Date: 11/20/2015
Type: Residential
District: North Hilo
Street: 35-290 Papaaloa Rd
Neighborhood: Papaaloa Homesteads
Beds: 2   Baths: 1
Living Area: 1,197 SF
Land Area: 14.69 Acres
Parking: Covered,Attached
Amenities: Ceilings-9\'+
Days on Market: 3333
(The Price of the property was lowered by $70,000 on 08/03/2015)
Year Built: 2001
Zoning: A-20A
Roads: Paved
Land Recorded: Regular
Property Taxes: $1,529
Assessed Value: $165,300
Assessed Ratio: 380.52%
Listing Courtesy: Clark Realty Corp. - Hilo Lagoon
Terms Acceptable: Cash,Conventional
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Papaaloa Plantations offers 14.7 acres w/ a beautiful ocean view in a serene setting of hardwood trees. The charming cottage is exceptionally well built with great craftsmanship exhibited throughout. The flooring & cabinetry are all built from the types of trees that are planted on the property: rich dark South American Mahogany floors, big leaf and Honduras Mahogany front door,kitchen cabinets & built ins. The home features 2 spacious bdrms plus a bathroom , custom kitchen w/energy efficient appliances, and a comfortable open living room that opens via custom sliding pocket doors to the covered deck where you can take in the Ocean and forest views. There are 2 loft spaces on either side- permitted as storage but offer great additional space. The home is self sufficient, serviced by a well maintained &updated photovoltaic system (4- 75 Watt roof panels with a diesel generator and 12 back up batteries), catchment water system & propane for stove & Bosch on-demand water heater. All systems are nicely protected &enclosed within attractive cabinetry or tidy sheds. There are also hook ups available for washer and dryer. The majority of the acreage is planted in higher value hardwood trees: Varieties of Mahogany, Toon,Pheasant wood, & Koa to name a few. At the inception of the plantation plan, owners worked w/ the Environmental Quality Incentives Progam to guide & approve practices including grade diversion, establishment of a water sedimentation basin ( settling pond), a cover crop, etc. Hardwood establishment began in 1999 and was completed in 2001 with approx. 10- 11 tree acres totaling approx. 3500 trees. Papaaloa Plantations won the Hamakua Soil and Water Conservation District Farmer of the Year Award in 2005. Not only do the hardwood trees offer great potential return for the future, but they offer peaceful forest setting... with the sound of the leaves rustling in the wind around you. Minimal carbon footprint- Maximum source of positive attitude adjustment.


 
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