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SOLD
MLS: 666270
 
Asking Price: $199,000 Fee Simple
Sold Price: $199,000
Sold Date: 12/15/2023
Type: Land
District: Puna
Street: Kapoho Kalapana Rd
Neighborhood: Kamaili
Style: Vacant
Land Area: 2 Acres
Days on Market: 802
Year Built: 0
Zoning: A-1A
Roads: Private,Paved
Property Taxes: $2,094
Assessed Value: $224,000
Assessed Ratio: 88.84%
Listing Courtesy: Hilo Bay Realty LLC
Terms Acceptable: Cash
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2 AC, Red Road! Paved, Gated, cleared, mulched READY TO BUILD!

Seller financing is now available! One of a kind vacant 2-acre lot in the highly-desireable Lolia Place gated and fenced neighborhood with access on the red road! (a.k.a. Kapoho-Kalapana Beach Road, A.K.A. Route 137). Much of the site work has already been done for you by a Permaculture expert including clearing, a gravel driveway and bearing fruit trees such as avocado, lychee, and macadamia. Two mature tree lines create beauty and privacy. The whole neighborhood is fenced and accessed via two artistically-designed automatic gates. US postal service with secure mail and parcel boxes as well as UPS and FedEx deliveries. Cell phone service and fast internet as well!
The elevation and climate are ideal for growing a number of tropical fruits. There are large mature avocados, ironwood, and autograph trees for added beauty and privacy with fencing along the front property line.
The lot consists of an upper area of about 1.5 acre, and a lower area of about .5 acre. It is separated by a green wall of mature trees to offer visual privacy from the main house's 1.5-acre area and the lower .5 ac area for additional farm dwellings/vacation rentals and/or orchards/crops or other agriculturally related projects. A retreat center at the top of the neighborhood offers a spa, meals, yoga/dance, and a pickleball court. Vacation rental income is high in this area so great passive investment potential here.
Just a short distance from a number of small black sand beaches, parks, and coastal tide ponds dotting the coastline. Walking distance to the amazing Secret Beach. This area of the Red Road is canopied with jungle trees like mango coconuts, guava, etc. Kehena Beach, Pohoiki Beach, hot ponds, Kalani, Uncle Robert’s farmer’s markets are a short distance away. Lolia Place is the only neighborhood of it's kind in the area with 12 lots sharing the private and gated paved road and protected from wild boars by fencing around the perimeter of the neighborhood.


 
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