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SOLD
MLS: 662576
 
Asking Price: $1,100,000 Fee Simple
Sold Price: $975,000
Sold Date: 03/21/2023
Type: Land
District: Puna
Street: 16-790 Keaau Pahoa Rd
Neighborhood: Keaau
Style: Vacant
Land Area: 26.76 Acres
Days on Market: 688
(The Price of the property was lowered by $300,000 on 11/22/2022)
Year Built: 0
Zoning: A-20A
Roads: State
Property Taxes: $1,166
Assessed Value: $124,800
Assessed Ratio: 881.41%
Listing Courtesy: Coldwell Banker Island Properties - Hilo
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Over 26 acres of Magnificent Land

DESIRABLE LOCATION, BEAUTY, INVENTORY, & POSSIBILITIES are all found on this land. The property is lined with large pine trees making you feel like your somewhere in the Pacific Northwest, but with the year round warm weather of Hawaii. About half of the property is cleared and manicured while the rest has become a tropical jungle. The warehouse on the property has two bedrooms, a kitchen space, a bathroom, and ample storage space.

Located a quick nine miles outside of Hilo and across the street from Keaau High School, this property has endless potential. Keaau town is about a mile away, here you can find grocery, drug and hardware stores, coffee shops and restaurants, the post office and bars. Keaau is a highly desired town because of its central location, and homes are rarely available for purchase. This listing is currently used as a plant nursery containing potted plants as well as field stock of large, mature, palms and trees. With over 150 fruiting avocado trees, and an impressive patch (130) of huge bismarkia palms, this property is beautiful, delicious, and prosperous (a full inventory list is available upon request). The neighboring property has recently been subdivided, swiftly becoming one of the most desirable neighborhoods on the east side and is currently sold out. Subdivision of the nursery may be possible as well.


 
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