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SOLD
MLS: 648902
 
Asking Price: $1,399,000 Fee Simple
Sold Price: $1,275,000
Sold Date: 08/31/2021
Type: Residential
District: North Kona
Street: 75-5545 Hahai St
Neighborhood: Hualalai Farms
Monthly Association Fee: $54
Beds: 3   Baths: 2
Living Area: 1,900 SF
Land Area: 5 Acres
Parking: Attached
Amenities: Ceilings-9'+
Days on Market: 1109
(The Price of the property was lowered by $150,000 on 05/24/2021)
Year Built: 1988
Zoning: A-5A
Roads: Private,Paved
Property Taxes: $3,753
Assessed Value: $730,400
Assessed Ratio: 191.54%
Listing Courtesy: Coldwell Banker Island Properties - Keauhou
Terms Acceptable: Cash,Conventional
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Rare Opportunity to Own a Farm Estate in Kona with Ocean Views!

RARE OPPORTUNITY! Nestled at the top of the well established and gated neighborhood of Hualalai Farms, this 5 acre estate emulates peace and tranquility while being just 15 minutes from downtown Kailua-Kona.

At a cool 2300’ elevation, this 3 bedroom, 2 bath home is surrounded by larger parcels of land with lots of privacy and offers expansive ocean, sunset, mountain, and unique treeline views. The house has been designed with 360 degree views with large windows, bringing the beauty of nature in, while you listen to the birds singing in the ‘ohia trees.

If you’re looking for a farming or equestrian estate, this is it - the land has been cleared and terraced to several flat pads with additional building or workshop potential, is rich in soil, and even has seasonal artesian springs. Over 100 Camellia sinensis (Japanese green tea) plants have already been planted, along with avocado, ‘ulu (breadfruit), and several varieties of citrus fruit trees. There is a functioning greenhouse with irrigation and the majority of the property is covered with established, mowable grass.

This home has been upgraded extensively, including:

*Remodeled kitchen with new cabinets, quartzite countertops, and appliances at the end of 2020
*Exterior & interior painting of the entire home in 2020
*800 sq. ft. lanai covered and decking replaced with synthetic decking in 2019
*Luxury vinyl plank flooring installed in 2017
*Roof replaced in 2015
*Nearly 1,400 sq. ft. of covered storage underneath the house.

If you’re looking to get away from it all and start your Hawaiian homestead, this is your happily-ever-after!


 
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