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SOLD
MLS: 624790
 
Asking Price: $916,820 Leasehold
Sold Price: $903,230
Sold Date: 11/25/2022
Type: Business
District: South Kona
Street: 84-4956 Hawaii Belt Rd
Neighborhood: Honaunau Subdivision
Baths: 2
Living Area: 1,457 SF
Land Area: 8.28 Acres
Amenities: Ceilings-9'+,Ceiling-Cathedral,Landscaped,Office,Storage Area,Smoke/Heat Detector,Track Lighting,Recreation Room
Days on Market: 1912
(The Price of the property was lowered by $683,180 on 05/06/2020)
Year Built: 1979
Easements: Other (remarks)
Zoning: A-5A
Roads: Paved,State
Land Recorded: Regular
Property Taxes: $993
Assessed Value: $218,800
Assessed Ratio: 419.02%
Listing Courtesy: Sue Brown Realty and Associates
Terms Acceptable: 1031 Exchange,Cash
Google Map   County Records
 
Print Version

Langenstein Farms- -4 Coffee Farms, Processing Facility & 2 Homes.

This is a Leasehold Property.

Langenstein Farms is located in the picturesque Honaunau area, long regarded as one of the prime regions for top quality coffee production thanks to a favorable rainfall regime with well drained & a nutrient rich growing medium. Langenstein Farms has four separate farming units totaling 45.3 acres with an estimated total number of 32,000 highly productive coffee trees. For ease of management & economies of scale, all are located within a 3 mile radius and within an elevation range of approximately 1050' to 2,000'.
In addition to the farming operation, Langenstein Farms has a coffee processing facility located at Farm #1 (8.28 acres) that has frontage to the Hawaii Belt Road. This facility has more than sufficient capacity to process all of the farms production. In addition there are two homes on this property.
Notable features of the farms:-
* Farms 2, 3 & 4 totaling 37 acres are located on Bruner Road.
* Farms 2, 3 & 4 were developed and planted at a tree spacing that allows for some mechanical operations.
* Farm 3 is fully fenced while Farm #2 is fenced on three sides.
* Each farm is served by a well defined infield road system.
* Farms 2 & 3 have storage buildings.
* Farm equipment included in the sale—tractor, mower, sprayer, ATV, farm pick-up etc.
Notable features of the processing facility:-
* 4,000lb/hour pulper, demucilager & destoner.
* 3 drying decks totaling 3,150 sq ft.
* 2 propane dryers (Kona & Bendig) with a capacity to handle 66 bags per drying cycle.
* 10 lb capacity Ashe roaster.
* Owned 14 panel net metered PV system.
Notable residential features of the main house:-
* 2 bedrooms & one bath Lindal home.
* A covered & open lanai.
* Expansive rural, coastline and ocean views including Kealakekua & Honaunau Bays.
Second home:-
* 2 bedrooms & one bath currently used as worker's quarters.
Other:-
All of the farming units are KSBE leasehold land


 
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