79-7140 MAMALAHOA HWY HOLUALOA HI 96725

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For Sale: bad Deal

Asking Price

$835,000

$649/sf

$142k/ac

Smart Price

$558,689

$434/sf

$95k/ac

Assessed Value

$437,600

$340/sf

$74k/ac

This property has a pending offer.
A contingent listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers.

Classic and well maintained coffee cottage situated at a desirably cool elevation with 5.92 acres of land. Imagine owning your own coffee or mac nut farm in famous Holualoa, Hawaii! This unique offering has it all, including the original coffee mill house and old redwood water catchment tank. Passed on through three generations of family, this is a unique opportunity to own a first offering on this property.

The home is located towards the top of the property and away from lower highway and has a nice ocean view from upper level.
*The upstairs includes 3 bedrooms, 1 bath, kitchen, dining and living room.
*The lower level includes a large 700+ square foot basement area that has been partitioned off into two workshops, storage room, half bath and recreation room.
*The zoning is AG-1a, which leaves the possibility for future development.
*A variety of mature trees include coffee, mac nuts, avocado, mango , citrus and more.

Don't want to take care of the farm right away? There is a current lease on the acreage so you get paid to have someone maintain the property till March!
This is wonderful opportunity to own a farm property along the Kona Coast!

Recent existing survey from Pattison Land Surveying attached.
House was fumigated for termites in 2019.
Tenant fixed lease until December 2020.
The farm is separately leased until 2/28/21 at $3,800/yr.
Up to 4 additional water meters possible per Hawaii County Water Dept.
All information to be verified by Buyer/ Buyer's agent with county.

The Basics
Status
Contingent/Under Contract
Property Type
House
Beds
3
Full Baths
1
Half Baths
1
Living Area
1,286 sf
Other Sqft
Square Footage of Porch, Lanai, Deck, or other usable floor space
700 sf
Lot Size
5.9 acres
Days on Market
16
View
Ocean
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$437,600
Year Assessed
2020
Terms Acceptable
1031 Exchange, Cash, Conventional
Property Taxes
$144/mo
Parcel #
790160020000
Amenities
Flooring
Hardwood, Vinyl
Inclusions
Dryer, Washing Machine, Refrigerator, Range/Oven
Internet
Cable
Features
Smoke/Heat Detector
Telephone
Cable, Cell, Land Line
TV
Satellite, Cable
Land
Frontage
None, Highway/Freeway
Lot Number
B
Lot Description
Rocky, Wooded
Land Sqft
257,962
Elevation
No data
Latitude
19.54754335
Longitude
-155.93227598
Topography
Hilly
Roads
County
Zoning
A-1A - Agricultural, 1 acre
Flood Zone
X
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Lava Zone
Zone 4 - Includes all of Hualalai, where the frequency of eruptions is lower than that for Kilauea or Mauna Loa. Lava coverage is proportionally smaller, about 5% since 1800, and less than 15% within the past 750 years.
Recordation
Regular
Building
Property Type
House
Beds
3
Full Baths
1
Half Baths
1
Year Built
1959
Waste Water
Cesspool
Water
County
Power
Overhead
Parking
Parking Spots
1
Vehicle Storage
Covered, Detached
MLS Data
MLS #
641305
Listing Agent
Steven Ellison RS-54260
Brokerage
Coldwell Banker Island Properties - Kona
Source
Hawaii Information Systems
Listing Date
2020-09-12
Other
Contact Agent