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Sold for $1,575,000
  • $1,575,000

    74-5040 Ane Keohokalole Hwy, Kailua Kona, HI 96740

    0beds
    0baths
    12.28Acres
    Unimproved Land
    Built in ----
    12.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    • Zoned for immediate development of single-family residential lots subject to civil plan approval. POLITICAL APPROVAL BY THE GOVERNMENT HAS BEEN OBTAINED. • The County of Hawaii has confirmed that $458,137.97 of costs paid by the owner can be applied to the fair share costs for road and traffic improvements as specified in Condition J(5) of Change of Zone Ordinance No. 99-61 (REZ 914). The credit runs with the land. • The owner has paid $116,550 in water commitment fees, which will be credited toward the facilities charges to provide water for the development of the property. • Zoning: Single-family residential minimum building site area 7,500 sq. ft. (RS-7.5) per Ordinance 99-61 approved May 13, 1999, and took effect subject to specific conditions on August 1, 2016. The condition can be met by obtaining Final Subdivision Approval for the first increment of the subdivision. For example, the first increment may be 10 to 20 homesite lots, with future increments planned on the remaining land area. Plan Unit Development (PUD): PUD Permit No. 61 dated September 15, 1999. Subject to specific conditions, the permit took effect on August 1, 2016. The PUD permit allows minimum building site areas of 4,000 square feet, among other variances from the County’s Subdivision Code. Water (71 Equivalent Units): The Department of Water Supply (DWS) of the County of Hawaii granted a commitment to supply 28,400 gallons per day or seventy-one (71) units of water at an average of 400 gallons per day (400gpd with 600gpd maximum as an equivalent unit). A water commitment deposit of $10,650 is required annually to maintain the commitment of the 71 EUs. The cumulative annual payments, currently $116,500, will be credited towards the final facilities charge for the development. Wastewater (Sanitary Sewer): The property is within the service area of Hawaii County's wastewater treatment system.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joel K. LaPinta 8089873544,

    Joel K. LaPinta

    Bought with:

    Buyer Not Represented

    Buyer Not Represented

    Source: Hawaii Information Service,MLS#: 603139MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 12.28 Acres
    • Features: Grassy
    • Topography: Other (remarks)
    Details
    • Parcel number: 3740240170000
    • Zoning: RS-7.5
    • Special conditions: Fee Simple,Standard

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Sewer Not Available, Water Available

    Community & HOA

    Community
    • Subdivision: HONOKOHAU 2ND
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Tax assessed value: $702,700
    • Annual tax amount: $7,799
    • Date on market: 1/12/2017
    • Listing terms: 1031 Exchange,Cash,Construction Loan,Conventional,Purchase Money Mortgage
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/30/2024Sold$1,575,000-30%
    Source: Hawaii Information Service #603139 Report a problem
    1/5/2024Price change$2,250,000-10%
    Source: Hawaii Information Service #603139 Report a problem
    12/24/2023Listed for sale$2,500,000
    Source: Hawaii Information Service #603139 Report a problem
    5/5/2023Contingent$2,500,000
    Source: Hawaii Information Service #603139 Report a problem
    6/12/2022Listed for sale$2,500,000
    Source: Hawaii Information Service #603139 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Kaiminani

    Nearby schools

    GreatSchools rating