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SOLD
MLS: 292241 (Foreclosure), (Short Sale)
 
Asking Price: $199,000 Fee Simple
Sold Price: $175,000
Sold Date: 07/02/2018
Type: Land
District: Ka‘u
Street: Ka‘alu‘alu Road
Neighborhood: Kiolakaa-nukakaia
Style: Vacant
Land Area: 151 Acres
Days on Market: 2233
(The Price of the property was lowered by $251,000 on 04/01/2018)
Zoning: A-1A
Roads: Private
Land Recorded: Regular
Property Taxes: $2,369,.85
Assessed Value: $256,200
Assessed Ratio: 77.67%
Listing Courtesy: Kennedy Wilson
Terms Acceptable: 1031 Exchange,Cash
Google Map   County Records
 
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Secluded Acreage Zoned Ag-1a on Road to Ka‘alu‘alu Bay.

This is a rare offering at a bargain price. One of the last privately owned parcels on Ka\'alu\'alu Road, The State road provides access to Ka\'alu\'alu Bay a culturally rich location being one of the few places to access the sea protected from windward swells. The bay has become a favorite for campers, wind and kite surdwers, paddle boarders and shoreline fishers together with the near by sand dunes and shore at Kamilo beach. The location could be idea for a retreat overlooking miles of uninhabited coast line and vast acreage of state and private lands that are managed for coastal and native habitat preservation. The land has heavy growth of Christmas Berry bush on the upper slopes which has similar growing requirements for tree crops such a citrus, coffee, avocado, and perhaps olive.

Health oriented lifestyle in the Blue Zone awaits your entrepreneurial bent This unique property is the original Grant 2528 and is zoned for subdivision into a lots of a minimal size of 1 acres. The land below it to the sea is vast tracks undeveloped with one privately owned large track of land and the remaining acreage owned by the State of Hawaii.

The Department of Water supply will provide one unit of water for the site but the owner would need to secure easements to locate the lateral, meter box, and run a private line to the site. The nearest water main is over 1,200 feet from the property. Seller makes no representation as the whether the easements can be obtain or if the use of the county water system is feasible from an economic and logistic perspective.


 
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