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SOLD
MLS: 667467
 
Asking Price: $1,440,000 Fee Simple
Sold Price: $1,400,000
Sold Date: 03/14/2023
Type: Land
District: Koloa
Street: Ihu Rd
Neighborhood: Kalaheo Homesteads 2nd Series
Style: Vacant
Land Area: 5.48 Acres
Days on Market: 444
Easements: Driveway,Ingress/Egress,Electric,Water
Zoning: A
Roads: County,Private
Land Recorded: Regular
Property Taxes: $150
Assessed Value: $2,300
Assessed Ratio: 62608.7%
Listing Courtesy: COMPASS
Terms Acceptable: 1031 Exchange,Cash,Construction Loan,Conventional
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Oceanview 5.481 Acre Parcel in Kalaheo

* Back-up Offers are Welcome *
Rare ocean view parcel of 5.481 acres,(not a CPR) is located off Pu'u Rd., just west of the Kakela Makai subdivision in the very popular makai Kalaheo area. This large, private parcel is zoned agricultural and is currently in the county Ag dedication program with very low property taxes. The gated property allows for two homes and a guest house, per the county planning department. Ocean views are visible from much of the lot, and due to the positioning of the lot, it benefits from the breezy trade winds of the area. The property offers multiple potential building sites, and is offered with house plans, guest house plans and a septic plan.
All of the heavy lifting has been done including:
- Improved water line
- Two installed water meters
- Concrete driveway from Ihu Rd.
- Preliminary work has been done on plans for a house and guest house
- Underground utility conduit installed; electricity is already supplied; 2 temporary electric meters are active
- Gated and fenced for cattle
This property is not a CPR but there is potential to do so. This is a wonderful opportunity to create a private estate and/or a producing farm. The climate in this area is known to be superior for agriculture. Showings by appointment only. Subdivision map is attached to listing.
The property video can be viewed here: https://www.aryeo.com/v2/f992ea2c-e8eb-41e5-8b85-49dd7d7911f8/videos/144838


 
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