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SOLD
MLS: 671081
 
Asking Price: $499,000 Leasehold
Sold Price: $475,000
Sold Date: 08/07/2024
Type: Residential
District: South Kona
Street: 84-4803 Hawaii Belt Rd
Neighborhood: Keokea
Beds: 4   Baths: 2 Full / 2 Half
Living Area: 1,326 SF
Land Area: 10.5 Acres
Parking: Detached
Amenities: Ceilings-9'+,Built-in-Book Shelves,Enclosed Lanai,Exterior Lighting,Landscaped,Storage Area,Smoke/Heat Detector,Skylight
Days on Market: 412
(The Price of the property was lowered by $300,000 on 02/12/2024)
Year Built: 1948
Zoning: A-5A
Roads: Private,Paved,Unpaved
Land Recorded: Regular
Property Taxes: $605
Assessed Value: $143,500
Assessed Ratio: 347.74%
Listing Courtesy: Sue Brown Realty and Associates
Terms Acceptable: Cash
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Productive 10.5 Acre Coffee & Macadamia Farm with Updated Home & Ocean View

This is a leasehold property. It is a 10.5 acre Kamehameha Schools/Bishop Estate agricultural productive leasehold property with 33.5 years of remaining lease term. This very private and idyllic property is located within an elevation range of approximately 750' to 900' near the junction of Hawaii Belt Road and Keala O Keawe Road in Honaunau.
The property is graced by a turnkey furnished 4 bedroom 2 full and 2 half bath home that has been comprehensively and lovingly remodeled by the Seller between 2018 and 2021. The home is served by municipal water, overhead power and fiber optic internet. Ideally located at the upper end of the property, the home enjoys uplifting ocean and farm views. Close by is a stand-alone 800 sq ft equipment parking and utility building.
Some of the notable features of the home include:
* New T&G ceilings throughout the living area.
* New carpets in the bedrooms and vinyl plank flooring in the living room and kitchen.
* Kitchen features a butcher block island, formica counters and appliances purchased since 2017.
* Gas stove and gas tankless water heater.
* A large wooden deck of 528 sqft
The area being farmed is approximately 9 acres of which an estimated area of 5 acres is planted to coffee while the remainder is planted to macadamia and assorted fruit trees. In addition, within the farm area there is a defined garden area of approximately 3,000 sq ft complete with garden shed, storage tent and piped water that has been planted with pineapple.
The boundaries of the farm are defined with rock walls and hog wire fencing. Within the farm area is a center road that extends from the top to the bottom of the property and includes side roads.
This property is located in a very picturesque rural area. For recreation, close by are Hookena Beach, Place of Refuge, Kealakekua Bay and Two Step. Within a 5 mile radius is a school, gas stations and shopping center
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