South Kona Home Sold: 83-5576 HAWAII BELT RD, South Kona, in Big Island of Hawaii

SOLD
MLS: 292960

Asking Price: $288,000 Leasehold
Sold Price: $260,000
Sold Date: 05/19/2017
Type: Residential
District: South Kona
Street: 83-5576 Hawaii Belt Rd
Neighborhood: Keei 1st & 2nd Subdivisions
Beds: 8 Baths: 4
Living Area: 3,078 SF
Land Area: 15 Acres
Parking: None,Other (remarks)
Amenities: High Traffic
Days on Market: 2923
Year Built: 1937
Zoning: A-1A
Roads: County,Paved
Property Taxes: $3,191
Assessed Value: $483,800
Assessed Ratio: 59.53%
Listing Courtesy: Hawaii Life Real Estate Brokers
Terms Acceptable: Cash

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15+ Acre LH Farm with 3 Homes and Historical Coffee Mill

Historic South Kona Coffee farm produces Award winning Coffee
Lots of farm: Over 15 acres of 5 contiguous TMKs (purchase includes 3-8-3-11-14,16,17, 3-8-3-9-64,65) and 3 Leases with 1 home and 2 coffee shacks
Historical coffee mill, could be restored to original functionality
Great location with highway frontage – ideal for farm tours and retail
~ Gross annual income for 2015 was $100k
~ 7,000 Arabica Coffee trees
~ In 2015, 70,000 lbs of cherry was picked
~ Low CBB %
~ Cream of the Crop 100% Kona Coffee Tasting Awards:
2012 – Silver Medal Chef’s Choice
2013 – Bronze Medal Chef’s Choice
Other fruit trees include:
10 Avocado & 18 Banana stands, Mango, Lychee, Guava, Orange, Tangerine, Mountain Apple, Lemon, Lime and Lilikoi vine
Farm is in excellent standing with KSBE and eligible for a new 35 year Lease
~ Crew on-site and happy to stay
~ Check out the website at www.beboskonacoffee.com
*Current Lease expires 8/31/2017

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