By Owner - 5.2 Acre Farm in South Kona, $240,000 - Owner financing available Unique 5.20 Acre Farm, South Kona, South Captain Cook zip code, for $240,000, just before mile marker 87, ADDRESS: 89-721 Aina Lani Place, Captain Cook, Hawaii, 96704. TMK is 3-8-9-003-092-0000-000. Owner financing available, owner keeps note for $240,000. The view is 2.5 miles to ocean. Electric security gate entry from highway 11 to paved private road entrance about two blocks to the property gate entrance. A twenty foot wide drive leads down 330 feet to the five acre parcel. The parcel is fairly flat compared to most of the land for sale in the area, which is fairly steep. Land has old growth vegetation; three BIG mature Mango trees, a real Kukui forest, Noni, Guava, passion fruit, and lots of WILD coffee. The coffee trees are resistant to the boring beetle, perfect to start a South Kona coffee farm. The plot is part of a working farm. Access road on three sides of a regular shaped five acre lot with multiple potential building sites for a house and other buildings. The property currently has 13 farm sheep that ‘work’ the land, keeping down brush, and are self-sufficient. Some/all are included with the property if wanted. Property is a registered farm under USDA conservation grant program. USDA loans with low or no money down may be applied for. Located just south of Miloli’i Junction. Only 25-30 minutes to the village of Captain Cook. Zoned Agriculture, USDA loan available. This is an unusually rare and beautiful piece of land. Plenty of privacy with easy access close to the highway, but not close enough for the sound of traffic. Rainfall is about 70 inches per year and a perfect all year temperature for 1700 ft. elevation. No need for a heating or air conditioning system. It is fairly priced, and has no active CCR’s. https://www.fsa.usda.gov/programs-and-services/farm-loan-programs/farm-ownership-loans/index Points for comparison - - research the land on the market nearby for the following givens: 1. Soil on dozed farm land. Grow coffee or any other crop. Level space for large green house, chickens, water storage tanks. 2. Security – electric gated private road off highway 11. Entry off of the private black top road. 3. Power – connection fee paid. 4. Level land for building whatever you like. 5. Fencing – fenced on all sides including entry which is gated. 6. NO Coqui Frogs, quiet at night, unlike most of the properties for sale, buyers beware otherwise 7. Fee simple 8. USDA conservation program – already eligible for grants, up to 90% of cost (if a 10k gallon water tank costs $4000, grant pays $3600), supporting conservation practices. 9. Three very old mango trees still producing mangos, one young mango tree, a kukui forest, old coffee trees that are resistant to the coffee boring beetle. NOTE: How many coffee farms are now very sick from the beetle infestation? Beware when buying coffee farms!! 10. This farm is qualified for USDA loans both direct and bank. Direct limit is $300K with very low interest rates and could be used together with conservation practice grants to build a farm. https://www.fsa.usda.gov/programs-and-services/farm-loan-programs/ 11. No use of chemicals – land could be certified as “organic” 12. Taxes - $200.00 per year as grazing land. 13. Cool elevation of 1700 ft. gives perfect year round temperature requiring no heating/AC. Nice breeze from ocean. Feel free to make a check list of the above and apply it to all your real estate land inquiries. A 3% finder’s fee will be paid at closing to any licensed real estate persons who presents an accepted offer/contract. All of the above facts concerning the property are presented with the best information available to the owner. Those interested in the purchase of the property are advised verify any and all facts presented. For additional information and showing, contact via email. smith_zane@hotmail.com
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