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78-6903 Palekana Rd

Holualoa, HI 96725
  • $1,095,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 663124
UPDATED: 54 min ago
$1,095,000
  • 6
    BEDS
  • 9.4
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,128
    SQFT
  • $350
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2007
Area:

School Ratings & Info

Description

***This is a leasehold property.Rare and chalk full of potential, welcome to 78-6903 Palekana Rd! You don't often see two fully permitted homes on leasehold land, but this property is the exception to that rule. House number 1 features: 3 bedrooms, 2 full bathrooms, 1290 square feet on the main floor, large lanai, and a downstairs office (this space is not included in the overall square footage of this home). This home has a covered 2 car carport and solar panels.House number 2 features: 3 bedrooms, 2 full and 1 half bathrooms, an office nook, utility room, attached 2-car garage, two lanais and solar panels.VIEWS, VIEWS, and more VIEWS! Western facing, these homes were built to enjoy sweeping views of the Pacific Ocean. Imagine enjoying your first cup of coffee in the morning while watching the light from the day glisten off the ocean surface before you head out to harvest your crops. Or, better yet, after a long day of working on the farm, sipping on a glass of wine while watching the dazzling colors of the sunsetting sky.These homes are situated on 9.4 acres of land, of which 8.5 acres are planted with world-famous Kona coffee plants. Over 9500 individual coffee plants of various Kona varietals are spread across 91 rows of producing coffee crops. When this farm was in full production, they averaged 30,000 pounds of cherry coffee beans each season, but they have harvested up to 40,000 pounds on a good year. Due to Covid, the farm shut down production, but it wouldn't take much for a buyer to ramp up operations, especially considering this is an as-is sale, offering the ability to operate a turnkey and profitable business. Included in the sale is a parchment deck, several agricultural structures and sheds, as well as miscellaneous tools and equipment. This farm offers you the opportunity to come in and pick up where the previous owner left off, or create your own brand and build a beautiful business in your own backyard!

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© 2022 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 Iokua Real Estate, Inc.. Data last updated: 2022-08-11T01:34:22.74.
www.iokuasales.com/homes/131533864
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78-6903 Palekana Rd Holualoa, HI 96725

  • Price: $1,095,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 54 min ago
  • MLS #: 663124
6
Beds
4
Baths
1
½ Baths
9.4
Acres
3,128
SQFT
$350
$/SQFT
2007
Built
Neighborhood:
Keauhou 2 Subdivision
Area:
North Kona
Property Description
***This is a leasehold property.Rare and chalk full of potential, welcome to 78-6903 Palekana Rd! You don't often see two fully permitted homes on leasehold land, but this property is the exception to that rule. House number 1 features: 3 bedrooms, 2 full bathrooms, 1290 square feet on the main floor, large lanai, and a downstairs office (this space is not included in the overall square footage of this home). This home has a covered 2 car carport and solar panels.House number 2 features: 3 bedrooms, 2 full and 1 half bathrooms, an office nook, utility room, attached 2-car garage, two lanais and solar panels.VIEWS, VIEWS, and more VIEWS! Western facing, these homes were built to enjoy sweeping views of the Pacific Ocean. Imagine enjoying your first cup of coffee in the morning while watching the light from the day glisten off the ocean surface before you head out to harvest your crops. Or, better yet, after a long day of working on the farm, sipping on a glass of wine while watching the dazzling colors of the sunsetting sky.These homes are situated on 9.4 acres of land, of which 8.5 acres are planted with world-famous Kona coffee plants. Over 9500 individual coffee plants of various Kona varietals are spread across 91 rows of producing coffee crops. When this farm was in full production, they averaged 30,000 pounds of cherry coffee beans each season, but they have harvested up to 40,000 pounds on a good year. Due to Covid, the farm shut down production, but it wouldn't take much for a buyer to ramp up operations, especially considering this is an as-is sale, offering the ability to operate a turnkey and profitable business. Included in the sale is a parchment deck, several agricultural structures and sheds, as well as miscellaneous tools and equipment. This farm offers you the opportunity to come in and pick up where the previous owner left off, or create your own brand and build a beautiful business in your own backyard!
Exterior Features

Land Tenure Leasehold Ocean Front N Pool N Roads PrivatePaved View OceanOcean HorizonOther (Remarks)Sunset

Interior Features

Appliances RefrigeratorRange/Oven Floors Carpet

Property Features

Assessed Value 821400 Assessment Year 2022 Distressed Standard Sale Lava Zone 4 Lot Number 17 Oceanfront Unit N N Power OverheadSolar/PhotovoltaicOther (Remarks) Property Type Multi-Family Sewer Cesspool Solid Waste Disposal None Tax Key 378004068 Taxes 5603.00 Terms Cash Vehicle Parking CoveredOther (Remarks) Water CatchmentMunicipalMeter InstalledOther (Remarks) Zoning A-5A

Listing information © 2022 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Exp Realty.


© 2022 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 Iokua Real Estate, Inc.. Data last updated: 2022-08-11T01:34:22.74.
 
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