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MLS: 250053
Asking Price: $445,000 Leasehold
Sold Price: $440,000
Sold Date: 07/18/2012
Type: Residential
District: South Kona
Street: 84-5011 Ke Ala O Keawe
Neighborhood: Honaunau
Beds: 4   Baths: 3
Living Area: 2,462 SF
Land Area: 10.9 Acres
Parking: Attached,None
Amenities: Smoke/Heat Detector
Days on Market: 2106
(The Price of the property was lowered by $55,000 on 12/22/2011)
Year Built: 2004
Easements: Electric
Zoning: A-5A
Roads: County
Property Taxes: $1,516
Assessed Value: $277,000
Assessed Ratio: 160.65%
Listing Courtesy: Hawaii Life Real Estate Brokers
Terms Acceptable: Cash
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Coffee and Mango Farm with a lovely home overlooking Honaunau Bay

Spectacular views of the ocean looking out over Pu\'uhonua o honaunau (Place of Refuge) from this home, guest cottage and working coffee and mango farm.
The three bedroom two bath main home, built in 2004, has ocean views from the kitchen, great room, and master suite. The homes styling is clean and modern. On the ocean side is an expansive lanai with a retractable awning to keep you cool during the day but retract at night so you can see the stars. There is a hot tub too. Just off the Master Suite\'s lanai is a private outdoor lava rock shower. Power is supplied by a solar array linked to the grid so electric bills are low. All in all one of the nicest homes to be found on a leasehold farm.
The second home, or farm dwelling,built in 2011 is located towards the bottom of the sloping property for privacy. It has great ocean views as well. It consists of great room with kitchen, bathroom and living area, a covered ocean view lanai adjoining a 20 ft yurt used as a bedroom. The home is off grid with its own solar power.
The well laid out farm is gently sloping with the main home at the top, along with a state of the art coffee wet mill and drying deck, an outbuilding in the middle and the farm dwelling near the bottom with a drive connecting them all. There are 4,000 Kona coffee trees as well as 120 mangoes of various gourmet varieties. The coffee is on automatic drip irrigation. The water for irrigation comes from catchment although the house is on county water. Both the coffee and mangoes are now mature and producing. The farm is a test site for the University of Hawaii to test cacao and there are two groves planted throughout the farm. There are a variety of other tropical fruits as well as plumeria lei flowers on the property.
This is a leasehold property.

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