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SOLD
MLS: 662784
 
Asking Price: $335,000 Fee Simple
Sold Price: $335,000
Sold Date: 10/17/2022
Type: Land
District: Puna
Street: 14-3851 Government Beach Rd
Neighborhood: Waa Waa
Style: Vacant
Land Area: 2.16 Acres
Days on Market: 653
Zoning: A-3A
Roads: County,Paved
Property Taxes: $1,365
Assessed Value: $164,700
Assessed Ratio: 203.4%
Listing Courtesy: Savio Realty Ltd. - Puna Office
Terms Acceptable: Cash
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Exceptional 2 acres + Ocean front property! Yes, Ocean front!

Rare opportunity to own 2 acres of ocean front property with lush Hawaii jungle in exceptionally gorgeous Waa Waa subdivision! You won't find too many lots this size right on the Pacific in the low 300's anywhere in the whole State of Hawaii!!! Breathtaking coastal views!!!! Off-grid private and quiet subdivision.
The incredible value with this lot is due to the fact that the owner has gone through most of the building permit process already, which can sometimes take years and cost tens of thousands.
Here is what has been done so far according to seller:
- Archaeological study (costs usually between 10 to 30k)
- SMA (Special Management Area) Assessment application submittal, tax clearance, etc (every single step fees cost between 50 to 100 Dollars)
- Professional write up necessary for the application by planners (cost between 10 to 20k)
- All real property taxes paid
- Corners staking and POI points (along one of the 900 feet side) and shoreline survey (5k): All four corner pins are visible and staked also the entire left side has 7 stakes with visible pins (POIs); which means that after the SMA permit has been processed, clearing / bulldozing of the building site can start right away. (Seller can refer a "quick, efficiently, nice and fair priced contractor").
- Conservation District Determination (1k)
- SMA permit will be for a family farm with multiple dwellings, which is larger than usual. So the new owner is not limited to one building but can build several, or just one if preferred.
Your dream property is waiting for you.


 
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