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SOLD
MLS: 639254
 
Asking Price: $1,478,800 Fee Simple
Sold Price: $1,490,000
Sold Date: 04/29/2021
Type: Residential
District: North Kona
Street: 73-4261 Hawaii Belt Rd
Neighborhood: Haleohiu Homesteads
Beds: 9   Baths: 7
Living Area: 3,720 SF
Land Area: 7.88 Acres
Parking: Detached
Amenities: Sprinkler System-Exterior,Landscaped,Kitchen-Outdoor,Storage Area,Gazebo,Inventory
Days on Market: 1436
(The Price of the property was lowered by $11,200 on 11/23/2020)
Year Built: 2004
Zoning: A-3A
Roads: Private,Paved
Property Taxes: $6,329
Assessed Value: $844,100
Assessed Ratio: 175.19%
Listing Courtesy: Venture Sotheby's International Realty
Terms Acceptable: Cash,Conventional,PMM
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Ultimate privacy with forever views. 2 homes on 7.8 fee simple acres

Seller is seriously looking for back up offers. The seller has moved and property is ready to close. Survey and termite done.Rarely available acreage with many opportunities for a large family or extended family living. Much opportunity to expand Located just 15 minutes north of downtown Kailua-Kona and 10 minutes to the Kona International Airport. This 7.88 fee simple acre property is at a desirable cool elevation of 1800' to 2100' and boasts a successful 100% certified and multiple award winning Lyman Kona Coffee Farm. Approx. 6 acres planted in coffee with 3200 trees. Zoned Ag-3A, this property has the potential to be subdivided into 2 separate parcels. So much profit potential to sell one and keep one or build on the 3 acre lot and rent out the 2 houses on the larger lot. Many different possibilities for income potential. The 2 story house with 4 bedrooms (one on ground floor) office and 3 baths with a huge loft on the 3rd floor for extra living area. The smaller house has 4 guest rooms with 2 common rooms convert to a home for assisted living, extended family, a long term rental, care takers quarters or short term rental. There is a 3,200 sq.ft. barn, municipal county water supply but also a 47,000 gallon storage catchment system to keep your water bills low. Many great features on this residential property. The main house has granite counter tops, bamboo flooring through out, crown molding, large covered lanai and a fully paid photovoltaic electrical system with 40 panels net metered and owned for low electric bills. The property is fully fenced and gated. There are 60 types of fruit trees, multiple garden sites and a coffee finish dryer. Ceiling fans in every room for great air circulation. Over 60 Koa wood trees line the driveway for future wood working if desired. You could not replace this property for this price. 2 homes a barn and 7.8 acres!


 
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