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Eric S. & Lisa K. West

  • Cell 808-298-2030
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Waiaha 1st - Puapuaanui 1st, KAILUA-KONA, Hawaii – $8,500,000 (Fee Simple)

  • $8.5M Price
  • 2,689,656 Sqft
  • 61¾ Acres
  • 320 DOM
  • $8.5M Price
  • 2,689,656 Sqft
  • 61¾ Acres
  • 320 DOM

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Waiaha 1st - Puapuaanui 1st

MLS® 652762 (Hawaii Real Estate) is located at Waiaha 1st - Puapuaanui 1st, HI 96740 in WAIAHA 1ST - PUAPUAANUI 1ST. This property is currently listed for an *asking* price of $8,500,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. This is Hawaiian Land For Sale with a current listing status of Active. The lot size consists of approximately 61.75 acres and the annual taxes are currently reported at $131,265. Buying vacant land, farms and ranches in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Infill urban mixed-use development project, shovel ready. Fronts both Queen Ka'ahumanu and Kuakini Highways. Includes five parcels of land (3/7-5-17:001; 039; 19; 23; & 26 zoned CN-20 [commercial]; RM-2.5 [multi-family residential]; and A-5a [agricultural] respectively). Master plan and Zoning Ordinances call for 226 affordable rental units; 160 market priced units (For Sale or Rental); and up to 74,600sf of commercial space on two parcels. Remaining two parcels need re-zoning, or can be used for Ag purposes. Sale includes 510 water credits, archeological reports, plans, and permits. Long-time owners and sellers are estate planning and have priced this project TO SELL at almost $4,000,000 BELOW ASSESSED VALUE!! PLUS the property is in the Kona OPPORTUNITY ZONE!! Rare opportunity for development of great mixed use project in the middle of Kona's Golden Corridor, halfway between Kailua-Kona Village and Keauhou Resort, the sweet spot of the Kona District. High barrier to entry market, strong demand for both Rental and For Sale housing, great demographics in this neighborhood. As good as it gets!! More details and info available.

Essential Information

  • MLS® #652762
  • Price$8,500,000
  • Land TenureFee Simple
  • Bathrooms0.00
  • Square Footage2,689,656
  • Acres61.75
  • TypeVacant Land
  • StatusActive

Community Information

  • AddressWaiaha 1st - Puapuaanui 1st
  • SubdivisionWAIAHA 1ST - PUAPUAANUI 1ST
  • CityKAILUA-KONA
  • StateHawaii
  • Zip Code96740

Amenities

  • ViewCoastline, Ocean, Sunset

Exterior

  • Lot DescriptionRocky

Additional Information

  • Date ListedAugust 15th, 2021
  • ZoningCN-20

Listing Details

  • OfficePacific Realty Organization LLC
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IDX is deemed reliable but is not guaranteed accurate by the Hawaii Information Service, Inc. Listing Service. © 2022 Hawaii Information Service. All Rights Reserved.

Listing information last updated on July 1st, 2022 at 6:08pm HST.