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SOLD
MLS: 705392
 
Asking Price: $375,000 Fee Simple
Sold Price: $362,500
Sold Date: 02/06/2024
Type: Land
District: North Kohala
Street: 59-673 Kailiawa Pl
Neighborhood: Kohala Ranch - Heathers Ii
Monthly Association Fee: $292
Style: Vacant
Land Area: 0.59 Acres
Days on Market: 449
(The Price of the property was lowered by $74,000 on 01/08/2024)
Year Built: 0
Easements: Cable,Electric,Telephone,Water
Zoning: RS-20
Roads: Private,Paved
Property Taxes: $3,803
Assessed Value: $342,700
Assessed Ratio: 109.43%
Listing Courtesy: COMPASS
Terms Acceptable: Cash,Construction Loan,Conventional
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Seller Asking Price is Lower Than the Assessed Tax Value

Now priced lower than the County of Hawaii tax assessment of $410,330. Lot 837 in Heathers II is the best the ranch has to offer for price, views, weather and located within a smaller, niche neighborhood on a cul de sac. A neighboring and contiguous property sold for $3.3M in 2021 and another contiguous property is currently on the market for $4.5M which gives you an indication of the value of homes in the immediate area. Upon request the sellers will share with you copies of their previously approved Homeowner Association (HOA) design review and a copy of the previous County Building permit. As a new owner, should you desire to use the existing plans, you will have to resubmit the building plans to the County and the Homeowners Association (HOA). With the purchase of this lot, you can benefit from the previously approved custom architectural designs, which could be modified to suit your personal taste, but not a requirement to purchase the lot. Additional construction details and guidance is available from the architect of record. Completion of the construction process and use of the plans can be negotiated directly with the architect or start fresh with your own design. If your vision includes a home on the Big Island specifically with outstanding views of the Gold Coast and south to Kailua-Kona with views of Mauna Kea, Hualalai, Mauna Loa and the Kohala’s, look no further than this premiere, boutique-sized lot of 25,702 square feet located in the four thousand /- acres of Kohala Ranch. Enjoy the same privacy, climate, daily sunsets, seasonal whale watching and the vast landscape of the ranch without the maintenance of larger acreage.


 
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