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SOLD
MLS: 653097
 
Asking Price: $159,000 Fee Simple
Sold Price: $155,000
Sold Date: 07/22/2022
Type: Land
District: Puna
Street: 18-3387 S. Glenwood Rd
Neighborhood: Olaa Reservation Lots
Style: Vacant
Land Area: 5.33 Acres
Days on Market: 967
(The Price of the property was lowered by $20,000 on 02/09/2022)
Year Built: 0
Zoning: A-5A
Roads: County,Paved
Land Recorded: Regular
Property Taxes: $716
Assessed Value: $76,600
Assessed Ratio: 207.57%
Listing Courtesy: Venture Sotheby's International Realty
Terms Acceptable: 1031 Exchange,Cash,Construction Loan,Conventional
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Lushly Forested 5 Private Acres!

Newer 4 lot subdivision never offered to the public before! This is a special parcel of virgin forest with DEEP SOIL, located just a 3rd of a mile from Hwy. 11 on S. Glenwood Rd. With only one of the 4 lots developed thus far, you will enjoy the peace and quiet of life in the rainforest plus ample elbow room to develop an orchard, gardens or just plain relax. Nicely shaped, the body of the lot is nearly square at 387' wide by 575' deep.

As a flag lot, it is over 600' off S. Glenwood Rd. and backs to over 50 acres of undeveloped forest on the Hilo side. This back boundary is fenced and the northeast fenced corner can be found from the cleared area on the lot. Located in Lava Zone 3, the property is approximately 20 miles from Hilo and 10 miles from Volcano. Utilities include access to overhead electric as well as telephone and DSL for internet.

Sellers purchased as part of a private sale from developer with the intention to build and live here. Over the years plans have changed and they are ready to let someone else live their dream. Don't wait as this special parcel in this great location won't last long.


 
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