$950,000
$1,200,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
74-5001 Kiwi Street Kailua-Kona, HI 96740
7.15 Acres Lot
Key Details
Sold Price $950,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Kealakehe Homesteads
MLS Listing ID 645824
Sold Date 06/04/21
Annual Tax Amount $4,049
Lot Size 7.149 Acres
Property Description
Preliminary plans for 7 one acre+ lot subdivision located at prime location above Kailua-Kona subject to current application for consolidation and resubdivision in process.
Situated at a truly desirable elevation between approximately 850'-900' with gentle sloping terrain, tranquil ocean views and lush tropical vegetation and trees. This project is ideal for an upscale residential development and located within the Opportunity Zone. (Click on link below for further information.)
This is an ideal opportunity for development of smaller subdivision or buildout of custom homes.
Please see attachments for preliminary subdivision map and DWS water commitment letters and related info.
https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions
One Seller holds and active real estate Broker's license in the State of Hawaii.
Location
State HI
Area North Kona
Zoning A-1A
Exterior
Pool No
Waterfront N
View Ocean
Building
Lot Description Cul de sac
Sewer None
Water Other (remarks)
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
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