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79-973 Kealaola Rd

Kealakekua, HI 96750
  • $2,140,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 702370
UPDATED: 24 min ago
$2,140,000
  • 11
    BEDS
  • 4.87
    ACRES
  • 6
    BATHS
  • 2
    1/2 BATHS
  • 3,401
    SQFT
  • $629
    $/SQFT
Type:
Multi-Family
Built:
2006
Area:

School Ratings & Info

Description

This multifaceted property presents an outstanding opportunity for rental investment and farming. Comprising three separate structures with a total of six units, it is situated on nearly 5 acres in close proximity to Kona Community Hospital.Boasting a rich history of producing roughly 2.5 acres of coffee and a variety of fruits including banana, citrus, rambutan, lychee, avocado, soursop, mountain apple, and starfruit, the Kealaola Farm offers an excellent farming opportunity to reestablish.All units are currently leased and managed successfully by long-term tenants. The property is equipped with a PV system installed in 2013, and the cottages are thoughtfully arranged as follows: Cottage #1 features 2 bedrooms and 1 bathroom, Cottage #2 offers 2 bedrooms and 1 bathroom, 3 bedrooms and 1.5 bathrooms, and 1 bedroom and 1 bathroom, while Cottage #3 includes 2 bedrooms and 1 bathroom, and 1 bedroom and 1 bathroom.The land is zoned Agriculture and presents a promising prospect for future investment opportunities.

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© 2023 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Life Real Estate Brokers. Data last updated: 2023-12-07T20:34:21.67.
www.searchhawaii.net/homes/144207443
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79-973 Kealaola Rd Kealakekua, HI 96750

  • Price: $2,140,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 24 min ago
  • MLS #: 702370
11
Beds
6
Baths
2
½ Baths
4.87
Acres
3,401
SQFT
$629
$/SQFT
2006
Built
Neighborhood:
Honuaino 4Th - Kanaueue 1St & 2Nd
Area:
North Kona
Property Description
This multifaceted property presents an outstanding opportunity for rental investment and farming. Comprising three separate structures with a total of six units, it is situated on nearly 5 acres in close proximity to Kona Community Hospital.Boasting a rich history of producing roughly 2.5 acres of coffee and a variety of fruits including banana, citrus, rambutan, lychee, avocado, soursop, mountain apple, and starfruit, the Kealaola Farm offers an excellent farming opportunity to reestablish.All units are currently leased and managed successfully by long-term tenants. The property is equipped with a PV system installed in 2013, and the cottages are thoughtfully arranged as follows: Cottage #1 features 2 bedrooms and 1 bathroom, Cottage #2 offers 2 bedrooms and 1 bathroom, 3 bedrooms and 1.5 bathrooms, and 1 bedroom and 1 bathroom, while Cottage #3 includes 2 bedrooms and 1 bathroom, and 1 bedroom and 1 bathroom.The land is zoned Agriculture and presents a promising prospect for future investment opportunities.
Exterior Features

Carport Area Total 0 Design Wood Frame Exterior Area Total 0 Frontage PastureOther (remarks) Garage Area Total 0 Land Tenure Fee Simple Lot Description ClearGrassyRocky Ocean Front No Pool No Roads Private Topography Gentle SlopeLevel View Garden

Property Features

Assessed Value 1186900 Assessment Year 2023 Distressed Standard Sale Lava Zone 3 Lot Number 5 Oceanfront Unit Phone Service CableCell Power Overhead Property Type Multi-Family Sewer Cesspool Solid Waste Disposal Private Contractor Tax Key 379011034 Taxes 11097.00 Terms 1031 ExchangeCashConventional Tv Availability Cable Vehicle Parking Assigned Water County Zoning A-5A

Listing information © 2023 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Luva Llc.


© 2023 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Life Real Estate Brokers. Data last updated: 2023-12-07T20:34:21.67.
 
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Kailua Kona HI, 96740