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SOLD
MLS: 642669
 
Asking Price: $235,000 Fee Simple
Sold Price: $220,000
Sold Date: 04/22/2021
Type: Land
District: North Kohala
Street: Maluhi Pl
Neighborhood: Kohala Ranch
Monthly Association Fee: $300
Style: Vacant
Land Area: 5.05 Acres
Days on Market: 1620
Easements: Drainage
Zoning: A-5A
Roads: Private,Paved
Property Taxes: $200
Assessed Value: $246,000
Assessed Ratio: 95.53%
Listing Courtesy: FLATLIST.COM
Terms Acceptable: 1031 Exchange,Cash,Construction Loan,Conventional
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Panoramic 360 views from Mauna Kea to Maui

BEST VALUE 5 ACRE VIEW ESTATE. Owner might carry with substantial downpayment.
Incredible views and end-of-the-road privacy at the southwest corner of Maluhi Place and Maluhi Street. The adjacent land parcel to the south sold for $350,000 on June 14, 2018.
Two other land sales within two blocks on Kalama Way have sold in 2019 for $262,500 and $275,000. This is priced at $235,000 for a quick sale due to a change in circumstances for this motivated seller. There are 360 degree views from green Kohala Mountain to Mauna Kea to Kona Coastline to sunsets over the Pacific to Haleakala on Maui. All underground utilities are at the lot, including water, electricity, cable tv, phone, and Internet. Across Maluhi Place are two multi-million dollar estates, which are magnificent and lushly landscaped. David Sands who is the chief architect for Bamboo Living has conceptually designed a custom home combining two of the models near the corner of the streets, but there are many building sites waiting
for your own custom designs. Kohala Ranch has well-maintained private roads with a 24-hour manned, gated security entrance. Homeowner dues are less than $300 per month. County taxes are only $200 per year as it is zoned for agriculture. The owner has submitted an agricultural plan, but this could be changed when you buy this wonderful 5 acre estate, one of the best in Kohala Ranch at a comfortable 1800' elevation. Only 15-20 minutes to great beaches, 20 minutes to Wailea, and 25 minutes to Hawi.
Seller holds a CA real estate license.


 
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