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SOLD
MLS: 630795
 
Asking Price: $450,000 Leasehold
Sold Price: $415,000
Sold Date: 09/15/2020
Type: Residential
District: North Kona
Street: 73-4383 Pukiawe St
Neighborhood: Keahole Agricultural Park
Beds: 4   Baths: 3
Living Area: 2,248 SF
Land Area: 5.03 Acres
Parking: Detached
Days on Market: 1743
(The Price of the property was lowered by $45,000 on 11/13/2019)
Year Built: 1999
Zoning: A-5A
Roads: County
Property Taxes: $3,553
Assessed Value: $398,400
Assessed Ratio: 112.95%
Listing Courtesy: Kona Resort Properties
Terms Acceptable: Cash
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5 Acre Certified Organic Farm with Two Houses

5 Acre Certified Organic Noni Farm in Kailua-Kona with two homes. The main Farm Dwelling is a spacious 1,744 s.f. 3 bed, 2 bath with a covered lanai and a detached two car garage with additional storage. The Additional Farm Dwelling is 504 s.f. 1 bed, 1 bath.
Entire property is planted with Noni trees and Plumeria trees. Great opportunity for farming Noni and diversifying into other crops. This would be a fantastic location to dry Kona Coffee beans.
This property is a Leasehold property with the State of Hawaii. 24 years remaining on existing lease. Buyers must provide proof of at least two years' experience in farming to the Lessor to qualify to purchase the lease. Annual lease rent is $2,790 and property taxes are currently $3,553.94.


 
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