North Kona Home Sold: 78-6492 MAMALAHOA HWY, North Kona, in Big Island of Hawaii

SOLD
MLS: 627813

Asking Price: $445,000 Leasehold
Sold Price: $395,000
Sold Date: 01/01/2020
Type: Residential
District: North Kona
Street: 78-6492 Mamalahoa Hwy
Neighborhood: Kahaluu Farm Lots
Beds: 3 Baths: 2
Living Area: 1,374 SF
Style: Attached
Land Area: 8.23 Acres
Days on Market: 1841
(The Price of the property was lowered by $30,000 on 05/25/2019)
Year Built: 1988
Zoning: A-5A
Roads: County
Property Taxes: $2,171
Assessed Value: $232,200
Assessed Ratio: 191.65%
Listing Courtesy: Kona Resort Properties
Terms Acceptable: Cash

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8 Acre Farm with 3 Bd, 2 Bath with Fantastic Ocean View.

8.23 Acre leasehold coffee farm just above Kailua-Kona with a nice 3 bedroom, 2 bath house enjoying fantastic ocean and coastline views.
28 years remaining on Bishop Estate land lease. Annual lease rent to lessor is $4,169.71. Most of the property was graded years ago and ready for planting. Approximately 1 acre of producing coffee and macnut trees on the perimeter. Concrete drive down through the property. Lots of potential in a fantastic location.

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