74-5040 ANE KEOHOKALOLE HWY Kailua-Kona HI 96740

*PRICE REDUCTION* Zoned with entitlements for 70 residential lots.
74-5040 ANE KEOHOKALOLE HWY, Kailua-Kona, Hawaii, 96740

• 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.

Courtesy of Joel K. LaPinta

Basic Details

MLS Price Address
603139 $2,250,000 74-5040 ANE KEOHOKALOLE HWY, Kailua-Kona, Hawaii, 96740
Property Type District Subdivision
Land North Kona HONOKOHAU 2ND
Year Built Terms Assessed Value
1031 Exchange,Cash,Construction Loan,Conventional,PMM $702,700
Taxes Monthly Fees Assessed Year
$7,799.97 2021
MLS
603139
Price
$2,250,000
Address
74-5040 ANE KEOHOKALOLE HWY, Kailua-Kona, Hawaii, 96740
Property Type
Land
District
North Kona
Subdivision
HONOKOHAU 2ND
Year Built
Terms
1031 Exchange,Cash,Construction Loan,Conventional,PMM
Assessed Value
$702,700
Taxes
$7,799.97
Monthly Fees
Assessed Year
2021

Interior

Appliances Features Washer/ Dryer
Half Baths Full Baths Total Baths
Bedrooms Floors Total SF
Window Treatments Fireplace
Appliances
Features
Washer/ Dryer
Half Baths
Full Baths
Total Baths
Bedrooms
Floors
Total SF
Window Treatments
Fireplace

Exterior

Design View Lot Description
Ocean Grassy
Garage SF Fencing Lot Area
535,047
Tenure Lava Zone Exterior Area
Fee Simple 4
Zoning Oceanfront Pool
RS-7.5 N N
Roads Schools
County,Paved,State
Design
View
Ocean
Lot Description
Grassy
Garage SF
Fencing
Lot Area
535,047
Tenure
Fee Simple
Lava Zone
4
Exterior Area
Zoning
RS-7.5
Oceanfront
N
Pool
N
Roads
County,Paved,State
Schools

Utilities

Heating/Cooling Phone Power
Overhead
Sewer Solid Waste Disposal TV Access
Sewer-Not Connected Private Contractor
Water
County,Municipal
Heating/Cooling
Phone
Power
Overhead
Sewer
Sewer-Not Connected
Solid Waste Disposal
Private Contractor
TV Access
Water

Building/Community Information

Building Name No. of Units Parking
Security Unit Description
Building Name
No. of Units
Parking
Security
Unit Description

Location

Last Updated: May 3, 2024 @ 20:38

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