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SOLD
MLS: 658127
 
Asking Price: $699,000 Leasehold
Sold Price: $454,000
Sold Date: 04/26/2023
Type: Land
District: South Kona
Street:
Neighborhood: Tobacco Road
Style: Vacant
Land Area: 4.98 Acres
Days on Market: 795
Zoning: A-5A
Roads: Private,Unpaved
Property Taxes: $1,671
Assessed Value: $178,800
Assessed Ratio: 390.94%
Listing Courtesy: Kona Resort Properties
Terms Acceptable: Cash
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18 Acre Producing Coffee Farm

This is a leasehold property. Lease consists of 4 TMKs. 3-8-4-15-25, 26, 27 & 28 totaling 18.16 Acres of land. There are 10 acres of healthy productive coffee trees in nice rows. Plenty of room to plant more. This farm produced 8,189 lbs. of coffee cherry in 2020 and 33,556 lbs. of coffee cherry in 2021. Approximately 1/3 of the trees are less than two years old and will be producing more cherry this coming season. There are large catchment structures with two water tanks which feeds a drip irrigation system. Water is pumped up from a County Water meter from Mamalahoa Hwy. Photovoltaic electric fence along the perimeter of the coffee orchard. This is an Ag. lease and does not allow for Farm Dwellings to be built.


 
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