78-6903 PALEKANA RD, HOLUALOA, HI 96725

$1,095,000
6
BD
4
BA
3,128
SqFt
List Price
$1,095,000
Days on Market
4
MLS#
663124
Status
ACTIVE
Type
Multifamily
Bedrooms
6
Bathrooms
4
Living Area
3,128
Land Tenure
Leasehold
Neighborhood
Keauhou 2 Subdivision

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!

Additional Information

Roads
Private, Paved
Parking
Covered, Other (remarks)
Taxes Annual
$5603
View
Ocean, Ocean Horizon, Other (remarks), Sunset
Appliances
Refrigerator, Range/Oven
Lot Number
17
Zoning
A-5A
Lot Size
409,464
Water
Catchment, Municipal, Meter Installed, Other (remarks)
Power
Overhead, Solar/Photovoltaic, Other (remarks)
Sewer
Cesspool
Assessed Value
821400
Floor Covering
Carpet
District
North Kona
Year Built
2007

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty.

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