KAHILIHOLO RD KILAUEA HI 96754

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For Sale: fair Deal

Asking Price

$30,000,000

$0/sf

$57k/ac

Smart Price

$34,560,397

$0/sf

$65k/ac

Assessed Value

$20,799,000

$0/sf

$39k/ac

Wai Koa Plantation is a 528-acre agricultural property located just outside of Kilauea on the North Shore of Kauai. The property is situated between the adjacent parcels of Common Ground, the Anaina Hou Community Park, and the Kalihiwai Ridge Subdivision. Comprised of two large parcels, this offering features varying topography and terrain, from gently sloping hardwood forests to flat meadows, as well as diverse water features including large fish ponds, flowing streams, and the historic stone-dam waterfall. Zoning allows for up to 15 farm dwellings.

• Zoning: Parcel 25 & 26 are located in the State Land Use Commission Agricultural District
• Both Parcel 25 and 26 are split-zoned in Kauai Comprehensive Zoning Ordinance (“CZO”) Agriculture and Open Districts.
• Density: Parcel 25 entitled to 5 Farm Dwelling Units ("FDUs") and Parcel 26 entitled to 10 FDUs (two FDU's built out on Parcel 26).
• Tree Farm - 139.5 acres of planted true big leaf Mahogany, Swietenia macrophylla
• Kauai Fresh Farms - agricultural hydroponic business producing tomatoes and lettuce
• Development and Conservation opportunities
• Water Infrastructure: Ten 5/8 water meters are allocated to Parcel 26. A 2-inch water line supplies the existing homes on Parcel 26 as well as the Kauai Fresh Farms operations on Parcel 25
• Water Features: Stone Dam & Kahiliholo stream on the South, Puukumu Stream runs through the middle of the plantation, 4 large lagoons on property, an unnamed stream runs along Kahiliholo Road on the western portion of the property
• Kalihiwai Reservoir Water Rights - multi-pump irrigation and dual fire protection systems

The Basics
Status
For Sale
Property Type
House
Lot Size
528.5 acres
Days on Market
385
View
Forest, Mountain, Pasture, River, Sunset, Sunrise, Waterfall
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$20,799,000
Year Assessed
2018
Terms Acceptable
1031 Exchange, Cash
Property Taxes
$11,566/mo
Parcel #
520170260000
Amenities
Internet
Cable, DSL
Telephone
Cable, Cell, Land Line
TV
Cable
Land
Frontage
None, Pasture, Road/Street, River
Lot Number
27-A
Lot Description
Clear, Grassy, Other (remarks), Wooded
Land Sqft
23,023,290
Elevation
89 ft
Latitude
22.20082123
Longitude
-159.42298994
Subdivision
KALIHIWAI RIDGE
Topography
Fairly Level, Gentle Slope, Rolling
Roads
County
Zoning
A - Agricultural
Flood Zone
AE,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.
Project
WAI KOA I
Building
Property Type
House
Waste Water
Septic
Water
County, Municipal, Meter Installed
Power
Overhead
Trash Disposal
County-Charge
MLS Data
MLS #
630880
Listing Agent
Neal Norman RB-18048
Brokerage
Hawaii Life
Source
Hawaii Information Service
Listing Date
2019-10-01
Other
Contact Agent