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SOLD
MLS: 655789
 
Asking Price: $184,900 Fee Simple
Sold Price: $203,500
Sold Date: 09/02/2022
Type: Land
District: South Kona
Street: 88-155 880155
Neighborhood: Milolii Beach Lots Subdivision
Style: Vacant
Land Area: 8,590 SF
Days on Market: 717
(The Price of the property was lowered by $15,000 on 08/12/2022)
Zoning: A-5A
Roads: Paved
Property Taxes: $1,636
Assessed Value: $147,400
Assessed Ratio: 125.44%
Listing Courtesy: Better Homes and Gardens Real Estate Island Lifestyle
Terms Acceptable: 1031 Exchange,Cash,Construction Loan,Conventional,PMM
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Beatuiful Hawaii Ocean Front!

PRICE IMPROVEMENT!
Relax as you enjoy the unobstructed ocean view and listen to the waves ~ you may even the whales singing as they pass by during season!
Oceanfront lot with SMA permit. Current owner has approved building permit for a 3 bedroom 2 bath single story post and pier home.
Enjoy stunning views and endless sunsets on this west facing oceanfront lot.
Located in the growing Milolii Beach Community, an affordable seaside community with HOA dues of only $275 annually.
A boat ramp and Honomalino Beach are nearby.
Swimming, snorkeling, and kayaking in your front yard!
Regional shopping center at Ocean View just 25 minutes away, with post office, supermarkets, restaurants, gas stations, hardware store.
Seller will include design plans for the planned home. Seller has secured the SMA permitting and building permit (just needs contractors to be declared) for the planned home on the lot. These plans and permits can be of great value for a big headstart on the new home for this beautiful lot.
Buyer and Buyer's agent to do their own due diligence on all matters including permitting and building planning.

Nearby Beaches - About 2 miles south on Milolii Road is Miloii Beach. See directions from Kai Ave to Miloli'i Beach Park in Google Maps.
One more mile south of Milolii beach is Honomalino Beach - a beautiful black sand beach.

Assuming the seller's current loan (PMM) may be possible with limited terms, loan of $117,000, pay off by July 2024, at 5.5% interest.


 
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