| SOLD MLS: 658127 Asking Price: $699,000 Leasehold Sold Price: $454,000 Sold Date: 04/26/2023 Type: Land District: South Kona Street: Neighborhood: Tobacco Road Style: Vacant Land Area: 4.98 Acres Days on Market: 1038 Zoning: A-5A Roads: Private,Unpaved Property Taxes: $1,671 Assessed Value: $178,800 Assessed Ratio: 390.94% Listing Courtesy: Kona Resort Properties Terms Acceptable: Cash |
18 Acre Producing Coffee Farm
This is a leasehold property. Lease consists of 4 TMKs. 3-8-4-15-25, 26, 27 & 28 totaling 18.16 Acres of land. There are 10 acres of healthy productive coffee trees in nice rows. Plenty of room to plant more. This farm produced 8,189 lbs. of coffee cherry in 2020 and 33,556 lbs. of coffee cherry in 2021. Approximately 1/3 of the trees are less than two years old and will be producing more cherry this coming season. There are large catchment structures with two water tanks which feeds a drip irrigation system. Water is pumped up from a County Water meter from Mamalahoa Hwy. Photovoltaic electric fence along the perimeter of the coffee orchard. This is an Ag. lease and does not allow for Farm Dwellings to be built.
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