78 7318 Kuakini Hwy Kailua Kona, Hawaii 96740

$79,900

Status: Under Contract
Single Family
1 Bath | 384 sq. ft.
REO ID: L1700F7
MLS ID: 610126

PROPERTY DESCRIPTION

2.32-acre abandoned farm on Bishop Estate LEASEHOLD land. Charming Wooded Location with Small Structure and Nice Ocean View. Located off Kuakini Hwy, adjacent to Higashihara Park at an approximate 1,200 ft. elevation. Structure is Permitted as a 2-car Garage with Storage and Bathroom, NOT living area. County Water, standard electrical, and an irrigation system exist in a state of disrepair. Cash offers only. Annual leasehold rent prior to non-compliance was $3,150 + GE Tax. The current lease expires on 12/31/2033 and is subject to cancellation. New owners will have to file a farm plan, plant and bring the farm into compliance. Lessees are expected to meet production and income levels that are consistent with current commodity averages. Buyers are urged to thoroughly explore the terms and conditions of the lease transfer and assignment process with the lessor. The transfer process takes about 8 months.

  • Price: $79,900
  • Bathrooms: 1
  • Garage Description: 2 Cars
  • Living Area Size: 384
  • Lot Size: 2 acres
  • Year Built: 1998

Nearby Homes

  • Property Tax : $714
  • Tax Year : 2017
  • Elementary School : Konawaena
  • Junior High School : Konawaena
  • Senior High School : Konawaena
  • Subdivision : Keauhou 2

Housing Information

School Information

Listing Agent

Suzanne Patterson
Phone: (808) 326-7818
Email Now
Suzanne Patterson
Phone: (808) 937-4447
75-5744 Alii Dr #31
Kailua kona, HI 96740
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