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SOLD
MLS: 639499
 
Asking Price: $298,000 Leasehold
Sold Price: $285,000
Sold Date: 04/01/2022
Type: Residential
District: North Kona
Street: 78-6968 Mamalahoa Hwy
Neighborhood: Keauhou 2 Subdivision
Beds: 3   Baths: 1
Living Area: 800 SF
Land Area: 4.82 Acres
Parking: Covered
Days on Market: 1419
(The Price of the property was lowered by $1,000 on 10/13/2020)
Year Built: 1954
Zoning: A-1A
Roads: County,Major Thoroughfare,Paved,Other (remarks),Unpaved
Property Taxes: $604
Assessed Value: $68,300
Assessed Ratio: 436.31%
Listing Courtesy: Hawaii Life
Terms Acceptable: 1031 Exchange,Cash
Google Map   County Records
 
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Nearly 5 Acres mixed crop LH Farm w/good condition Classic Coffee Shack

This mixed crop, KSBE Leasehold farm includes 4 parcels totaling 4.8 acres. Located just off the Old Mamalahoa Highway Kona Heritage Corridor in desirable Holualoa, it is planted in coffee, macadamia, avocado, breadfruit, citrus, bananas and other trees. This is a perfect location for a roadside produce stand or to add a processing facility with super easy access. A couple of trees were recently cut to open up gorgeous ocean views.

The classic 3 bedroom, 2 bath “coffee shack”, situated at the top of the property, has tons of character and features some original vintage items like the double drainboard cast iron sink. The home is cozy and comfortable, but it could use some updating. Walk up a short flight of stairs and enter into the family room then into the kitchen with walk-in pantry. Continue through to the sunny dining area with a door to the outside. This sweet home is surrounded by exotic tropical plants and flowers. This property has been farmed by the same family for nearly 70 years! Even so, there's so much potential regarding further ag development on this property. There is a lot more room to plant additional trees of an existing crop or plant whatever at this ideal elevation of 1100’, Anything Grows!
As you enter into the land behind the home, you can literally see and feel the care of how the land has been stewarded. Hand built rock wall terraces and pathways meander through the property. Ocean and coastline views could be opened up with some needed tree trimming.

This is a great opportunity to get into acreage in Holualoa at a fantastic price!

*Purchase to be cash only. Showings to qualified, cash-only Buyers.
*Current Lease expires 12/31/37
*Annual Lease rent is $1587
*There are 2 water meters
*4 TMKs: 3-7-8-5-8,32,43,53
*Video walkthrough available upon request


 
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