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Sold for $8,300,000
  • $8,300,000

    792597 Puu Lehua Dr Lot 16, Holualoa, HI 96725

    0beds
    0baths
    944.7Acres
    Unimproved Land
    Built in ----
    944.7 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

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    Not available

    Zestimate® history
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    What's special

    Rare Sandalwood & Koa Forest in South Kona Exceptional opportunity to be owners and stewards of a Native Hawaiian Dry Land Forest, just 35 minutes South of Kona Town. Located between 4800 ft - 5800 ft elevation up the private paved Puu Lehua Drive. This unique ecosystem is among the rarest on Earth. For the past 14 years, the Lee Ohana have tirelessly dedicated themselves to restoring this treasured forest. They've honed a process for producing the world's most valuable Sandalwood Oil, fueling the ongoing restoration of the land. There are only 18 species of Sandalwood found in the World, and 6 of those are Endemic to Hawaii. The Santalum Paniculatum species of Sandalwood is native to this land and the oil from these trees is regarded as the highest quality on the planet. Restoration is achieved by meticulously harvesting dead and dying trees and implementing innovative methods that have revitalized the forest's vitality. Thousands of invasive species have been eradicated, feral animals removed, fences and firebreak roads built. Thousands of native trees have been planted, resulting in resurgence of the forest. Rainfall increased from 18 inches to 36 inches per year. A professional inventory has been done showing Sandalwood and Koa trees valued at millions, this forest stands as a treasure trove of natural wealth. Great location for a Bird hunting lodge, an excellent habitat for pheasants and other game birds. Perfect location for a wellness or Family retreat. Roads designed and built for easy access to potential home sites that offer stunning ocean and mountain views. Seize this extraordinary chance to own, protect, and continue the legacy of this exceptional forest. Whether you seek a sustainable investment, a sanctuary of natural beauty, or a piece of Hawaiian heritage, this opportunity promises both value and a chance to make a profound impact. Create a lasting legacy for generations to come.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sean F Ginella 8083728700,

    Hawaii Life,

    Renee Hill 808-989-4050,

    Hawaii Life

    Bought with:

    Reciprocal Agent - Oahu HIMLS

    Reciprocal Office - Oahu HIMLS

    Source: Hawaii Information Service,MLS#: 705967MLS Logo

    Facts & features

    Interior

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

    Property

    Features
    • Fencing: Stone,Wire
    • Has view: Yes
    • View description: Coastline, Forest, Mountain(s), Ocean, Sunset
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 944.7 Acres
    • Features: Wooded
    • Topography: Rolling Terrain
    Details
    • Parcel number: 3790010130000
    • Zoning: A-20A
    • Special conditions: Fee Simple,Standard

    Utilities & green energy

    • Sewer: None
    • Water: None
    • Utilities for property: Water Not Available

    Community & HOA

    Community
    • Subdivision: HOKUKANO TRACT
    Location
    • Region: Holualoa

    Financial & listing details

    • Tax assessed value: $396,800
    • Annual tax amount: $3,710
    • Date on market: 12/9/2023
    • Listing terms: 1031 Exchange,Cash
    • Ownership: Full

    Price history

    DateEventPrice
    8/30/2024Sold$8,300,000-32.4%
    Source: Hawaii Information Service #705967 Report a problem
    12/10/2023Listed for sale$12,272,000
    Source: Hawaii Information Service #705967 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 96725

    Nearby schools

    GreatSchools rating