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SOLD
MLS: 670659
 
Asking Price: $5,500,000 Fee Simple
Sold Price: $5,000,000
Sold Date: 10/21/2024
Type: Land
District: North Kohala
Street: 56-3149 Puu Mamo Dr
Neighborhood: Kapaa - Upolu
Style: Vacant
Land Area: 184.9 Acres
Days on Market: 527
(The Price of the property was lowered by $400,000 on 03/13/2024)
Zoning: A-600A
Roads: County
Property Taxes: $726
Assessed Value: $77,700
Assessed Ratio: 7078.51%
Listing Courtesy: Hawaii Life
Terms Acceptable: Cash
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Maliu Ridge Large Acreage

185 rolling acres on the west facing slope of Kohala Mountain, located below Maliu Ridge. This amazing offering consists of land that is rated as “important agricultural lands” by the State of Hawai‘i and thus ideal for agricultural and sustainable activities. 270 degree views from Mauna Loa to Hana, Maui are seen from many parts of the property and thus make several different sites ideal for one or more residence. Zoning for 1 and 2 acre parcels with 25 water commitments allows you to build multiple homes or break into smaller homesites. Ideal for ranching, family compound or ag retreat! The property is an operating cattle ranch and is totally fenced and cross fenced into several large paddocks.
Electricity: Available through Maliu Ridge.
New Easement: Seller reserves the right to create a waterline easement on the boundary of the subject property to provide water to Seller’s other adjacent parcel(s).
Leaseback: Seller prefers a short leaseback of the property to wind down cattle operations on the property.

Offering two other large acreages as part of a package totaling 1,325 acres. TMK 3-5-6-1-21, 525 acres adjacent to the subject property for $5.9m and TMK 3-5-6-1-20, 615 acres adjacent to the 525 acres, for $4.9m.
Possible one of a kind assemblage of beautiful properties!


 
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