Hawi, HI 96755,#1
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Hawi, HI 96755,#1
Hawi, HI 96755,#1
Hawi, HI 96755,#1
Hawi, HI 96755,#1

$2,000,000

Est. payment /mo

$2,500,000

20.0%
Est.Price: ?

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#1 Hawi, HI 96755

62.5 Acres Lot

SOLD DATE : 06/14/2021

Key Details

Sold Price $2,000,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Puaiki - Kaiholena

MLS Listing ID 644822

Sold Date 06/14/21

Annual Tax Amount $6,805

Lot Size 62.500 Acres

Property Description

Kaupala’oa Ranch with 62.5 oceanfront acres is now on the market at a severely discounted asking price: $900,000 dollars off the past list price. The price is not the reason this did not sell in the past. Most likely it is because potential Buyers wish to further subdivide, and it is unlikely that will be possible without a lot of time and patience; Buyer’s due diligence is w/the County of Hawaii. Look at this as an opportunity for preserving the ranch or, at most building 2 estate homes. The Seller has no financial distress, and should it not sell at this new low value, he will consider donating to a conservation entity. Now is the time to utilize this rare opportunity to own a large oceanfront parcel on the North Kohala coastline of the Big Island. This property is relatively untouched. It is totally private and secluded but located within +/- 8 mi. of Kawaihae Harbor and 9 mi. to the Mauna Kea Beach. The property consists of 2 contiguous lots that together have approx. 1500 ft. of ocean frontage. The land is bordered by large State-owned parcels to the north and south, Akoni Pule Hwy. to the east and the ocean to the west. Views are of the Kohala Coast, Maui and occasionally Lanai and Kahoolawe, daily sunsets, the surrounding Kohala Mountains, seasonal whale watching and daily pods of dolphins, turtles, and other Hawaii sea life. There are 2 county parks within a few miles of the property and the farming and ranching community of Hawi is only approx. 10 mi. north w/award winning restaurants, Farmer’s Markets, boutiques, schools, health care facilities, banks, grocers, etc. The resort amenities of the Gold Coast are just minutes away. Properties of this nature are rarely available in this area especially at this price; land bankers and conservationist take note. Other nearby properties have drilled their own wells w/sophisticated filtration systems and photo voltaic solar energy. Each lot is 31.3115 ac. per 2016 survey or re-consolidate into one 62.623 ac.

Location

State HI

Area North Kohala

Building/Complex Name Puaiki-Kaiholena

Zoning A-5A

Exterior

Pool No

Waterfront Y

View Bay, Coastline, Mountain, Ocean, Ocean Horizon, Other (remarks), Sunset

Building

Lot Description Clear, Other (remarks), Wooded

Sewer None

Water None, Other (remarks)

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Hawaii Information Service(HIS)
Listed by Corcoran Pacific Properties

Amber Haley

Realtor Salesperson | License ID: RS-81463

+1(808) 707-8917

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