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SOLD
MLS: 665154
 
Asking Price: $12,500 Fee Simple
Sold Price: $11,500
Sold Date: 10/25/2022
Type: Land
District: Puna
Street: 12-5374 Ala Lokelani
Neighborhood: Kalapana Vacation Lots
Style: Vacant
Land Area: 7,500 SF
Days on Market: 594
Zoning: A-1A
Roads: Private
Property Taxes: $200
Assessed Value: $9,500
Assessed Ratio: 131.58%
Listing Courtesy: Coldwell Banker Island Properties - Hilo
Terms Acceptable: Cash
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12-5374 Ala Lokelani

This fully buildable parcel is close to the ocean (1,500 feet) and has good main road access. Parcel is a short walk from the treed coastal greenbelt and the amazing explorable 'Cave of Refuge'. The parcel sits above most of the surrounding terrain resulting in above average coastal plain and distant mountain views along with enhanced refreshing onshore breezes. Owner believes good ocean views could be had with a raised home build. Frequent onshore trade-winds and a lack of significant vegetation both help to keep onsite temps feeling refreshingly cool and dry when compared with jungle locations that feature higher humidity and little to no breeze, both of which cause serious mold and mildew problems. Additionally, no jungle growth and no nearby freshwater sources translates into no mosquitoes, no fire ants, no centipedes – delightful!

Elevation is roughly 60 to 70 feet above sea level. As such, drilling a well could be a desirable option and cost competitive alternative to installing a water catchment system. Two other wells have been drilled in the subdivision and seller spoke with driller who reported that both wells had no saltwater migration problems.

Average daily local weather consists of a nearly perfect mix of sunny and partly cloudy days interspersed with brief pop-up rain showers and occasional afternoon rainbows. Average highs run from the low to mid 80's in summer to the low to mid 70's in winter. Average yearly precipitation onsite averages about 60 inches, making it at least equal with if not dryer than anywhere else on the island's eastern 'wet' side. Hilo averages 130-140 inches yearly. Parcel features beautiful coastal sunrise views. Developed homes in the area. Parcel’s front boundary markers located.


 
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