Island of Hawaii > North Kona > 78-6903 PALEKANA RD, HOLUALOA 96725

78-6903 PALEKANA RD, HOLUALOA 96725

North Kona | KEAUHOU 2 SUBDIVISION
$1,095,000 LH MLS# 663124 | ACTIVE
  • Multi-FamilyType
  • 2 UnitsSub-Type
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    78-6903 PALEKANA RD, HOLUALOA 96725

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PROPERTY DESCRIPTION

***This is a leasehold property.

Rare and chalk full of potential, welcome to 78-6903 Palekana Rd!

You don’t often see two fully permitted homes on leasehold land, but this property is the exception to that rule.

House number 1 features: 3 bedrooms, 2 full bathrooms, 1290 square feet on the main floor, large lanai, and a downstairs office (this space is not included in the overall square footage of this home). This home has a covered 2 car carport and solar panels.
House number 2 features: 3 bedrooms, 2 full and 1 half bathrooms, an office nook, utility room, attached 2-car garage, two lanais and solar panels.

VIEWS, VIEWS, and more VIEWS! Western facing, these homes were built to enjoy sweeping views of the Pacific Ocean. Imagine enjoying your first cup of coffee in the morning while watching the light from the day glisten off the ocean surface before you head out to harvest your crops. Or, better yet, after a long day of working on the farm, sipping on a glass of wine while watching the dazzling colors of the sunsetting sky.

These homes are situated on 9.4 acres of land, of which 8.5 acres are planted with world-famous Kona coffee plants. Over 9500 individual coffee plants of various Kona varietals are spread across 91 rows of producing coffee crops. When this farm was in full production, they averaged 30,000 pounds of cherry coffee beans each season, but they have harvested up to 40,000 pounds on a good year. Due to Covid, the farm shut down production, but it wouldn’t take much for a buyer to ramp up operations, especially considering this is an as-is sale, offering the ability to operate a turnkey and profitable business. Included in the sale is a parchment deck, several agricultural structures and sheds, as well as miscellaneous tools and equipment. This farm offers you the opportunity to come in and pick up where the previous owner left off, or create your own brand and build a beautiful business in your own backyard!

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Listed By: eXp Realty

Price $1,095,000 LH
Bedrooms 6
Bathrooms 4 Full, 1 Half
Property Type Multi-Family
Sub-Type 2 Units
Annual Tax $5,603
MLS (Active) 663124
Interior Area 3,128
Tax Key 3-7-8-4-68
Year Built 2007
LAND AREA 9.4 ac
Zone A-5A
Days On Market 6
Price sq/ft $350.06
Assessed Value $821,400
Previous Price $1,095,000
View Ocean, Ocean Horizon, Sunset, Other (remarks)

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PROPERTY LOCATION

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MLS listing information is deemed reliable but is not guaranteed by the service.

Updated

08/03/2022

LET'S TALK

We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

CONTACT US

LET US SHOW YOU THE BIG ISLAND

INQUIRY

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.