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MLS: 625014 (Active - For Sale)
 
Asking Price: $595,000 Fee Simple
Type: Business,Land,Residential
District: Kau
Street: 15 Wood Valley Rd.
Neighborhood: Puukoa
Beds: 0   Style: Business/Real Prop,Detach
Land Area: 24.63 Acres
Days on Market: 267
Year Built: 0
Easements: Ingress/Egress
Zoning: A-20A
Roads: Graded,Private
Land Recorded: Regular
Property Taxes: $609
Assessed Value: $65,200
Assessed Ratio: 912.58%
Listing Courtesy: Clark Realty - Hilo
Terms Acceptable: 1031 Exchange,Cash,Construction Loan,Conventional
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Producing Fee Simple Coffee Farm!

BIG KA\'U FARMS is one of the few FEE SIMPLE producing coffee farms in Wood Valley. With over 6000 trees planted on approximately 12 of the 24 available acres, there is opportunity for income as well as diversification into other crops. Currently the farm is planted in Typica and Caturra varieties. See breakdown attached at tool bar.

Located in the perfect spot for sun and rain, 2000-2300\' elevation with an annual rainfall of 78\"-118\" annually, the owner has developed the farm from 300 trees in 2012 to a successful operation.

Additionally the farm is connected to the private water system of Olson Trust through a water line installed by the owner. He has a transferable 20 year water agreement (see attached) with Olson Trust and currently pays $35/month distribution cost. That said, he also catches rainwater and does not need to irrigate mature plants. The property is \"off the grid\" with electricity supplied by a photo voltaic system of 10 solar panels, 120 V converter and solar batteries. The Sellers live comfortably on site in 2 insulated living containers of 320 sf. Upscale camping!

The lot rises at the southwest to a knoll which affords sweeping coastline and ocean views. Access to this area is not currently maintained, inspection will be accommodated during the inspection period once the property is in escrow with a committed buyer.

Seller completed a prune back of his entire orchard in 2018 which limited overall production in 2018 but the orchard is regrowing beautifully and production should be strong again by 2020. Former production numbers and income figures are attached at tool bar. Included in sale are the insulated containers for living and/or storage and two drying houses (attached at toolbar). An inventory of equipment available for sale will be provided upon receipt of offer.

Opportunity awaits the entrepreneur. Seller willing to consult for one month after closing if needed.


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1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
17484203/17/200708/26/2008$395,000$295,000

 
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Copyright: 2014 by Hawaii Information Systems.
 
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