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MLS: 669372
Asking Price: $1,300,000 Fee Simple
Sold Price: $1,225,000
Sold Date: 08/21/2023
Type: Residential
District: South Kona
Street: 88-1612 Papio Dr
Neighborhood: Papa Bay Estate
Beds: 5   Baths: 4
Living Area: 3,137 SF
Land Area: 3 Acres
Parking: Attached
Amenities: Ceilings-9'+,Ceiling-Vaulted,Exterior Lighting,Landscaped,Office,Storage Area,Smoke/Heat Detector
Days on Market: 376
Year Built: 2004
Zoning: A-5A
Roads: County,Paved
Land Recorded: Regular
Property Taxes: $100
Assessed Value: $1,061,700
Assessed Ratio: 122.45%
Listing Courtesy: Sue Brown Realty and Associates
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Two Homes on 3 fully Fenced & Productive Acres w/ Ocean Views.

This rarely available property boasts two discretely separate & impressive homes on a magnificently landscaped & meticulously maintained 3 acre property that provides privacy & bountiful fruit production. This gentle sloping property is situated at a median elevation of 1,350' & enjoys superb ocean, garden & sunset views. A combination of hog wire fencing & rock walls define & secure the property perimeter.

Notable features of the 4 bedroom, 3 bath main home:
* Built in 2005 with a living area of 2,368sqft, 892sqft of lanai & a garage of 520sqft.
* Two well appointed main bedrooms with direct lanai access.
* Engineered hardwood flooring through-out except in the bathrooms which are tiled.
* Light & bright living room/kitchen area with lots of windows & French doors.
* Solid granite kitchen counters.
* Cherrywood cabinetry in the kitchen.
* High ceilings throughout with open beam T&G ceilings in the kitchen & north side primary bedroom.
* A wraparound lanai with decking replaced in 2023.
* Closeted laundry area with tub.
* Plenty of storage area.
* Interior painted in 2021.
* 16,000 gallon catchment tank with triple inline filters & new UV water treatment unit.
* Pillared entrance with solar powered gate.

Notable features of the 1 bedroom 1 bath second house:
* Built in 2004 with a living area of 769sqft, 255sqft of lanai & porch & a one car carport.
* Separate manually operated gated entrance from Papio Drive.
* Laminate & tiled flooring.
* Lightly used appliances.
* 5,000 gallon catchment tank.

Landscape features:
* Many different types of mature fruiting trees—see attached list.
* A 16,000 gallon irrigation tank located at the upper end of the property. A 3 zone irrigation system is connected to the fruit trees.
* Most of the property is mowable.
* A system of walking pathways provide access within the property.


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