Infill urban mixed-use development project, shovel ready. Fronts both Queen Ka’ahumanu and Kuakini Highways. Includes five parcels of land (3/7-5-17:001; 039; 19; 23; & 26 zoned CN-20 [commercial]; RM-2.5 [multi-family residential]; and A-5a [agricultural] respectively). Master plan and Zoning Ordinances call for 226 affordable rental units; 160 market priced units (For Sale or Rental); and up to 74,600sf of commercial space on two parcels. Remaining two parcels need re-zoning, or can be used for Ag purposes. Sale includes 510 water credits, archeological reports, plans, and permits. Long-time owners and sellers are estate planning and have priced this project TO SELL at almost $4,000,000 BELOW ASSESSED VALUE!! PLUS the property is in the Kona OPPORTUNITY ZONE!! Rare opportunity for development of great mixed use project in the middle of Kona’s Golden Corridor, halfway between Kailua-Kona Village and Keauhou Resort, the sweet spot of the Kona District. High barrier to entry market, strong demand for both Rental and For Sale housing, great demographics in this neighborhood. As good as it gets!! More details and info available.
KAILUA-KONA HI 96740
Across Queen Ka'ahumanu Highway from Pualani Estates.
KAILUA-KONA 96740
Courtesy of Pacific Realty Organization LLC
Basic Details
| MLS | Price | Address |
| 652762 | $8,500,000 | KAILUA-KONA 96740 |
| Property Type | District | Subdivision |
| Land | North Kona | WAIAHA 1ST - PUAPUAANUI 1ST |
| Year Built | Terms | Assessed Value |
| 1031 Exchange,Cash,Conventional | $12,396,000 | |
| Taxes | Monthly Fees | Assessed Year |
| $131,265 | 2021 |
| MLS |
| 652762 |
| Price |
| $8,500,000 | Address |
| KAILUA-KONA 96740 |
| Property Type |
| Land |
| District |
| North Kona |
| Subdivision |
| WAIAHA 1ST - PUAPUAANUI 1ST |
| Year Built |
| Terms |
| 1031 Exchange,Cash,Conventional |
| Assessed Value |
| $12,396,000 |
| Taxes |
| $131,265 |
| 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 |
| Coastline,Ocean,Sunset | Rocky | |
| Garage SF | Fencing | Lot Area |
| Rock/Stone | 2,689,656 | |
| Tenure | Lava Zone | Exterior Area |
| Fee Simple | 4 | |
| Zoning | Oceanfront | Pool |
| CN-20 | N | N |
| Roads | Schools | |
| County,Major Thoroughfare,Paved,State |
| Design |
| View |
| Coastline,Ocean,Sunset |
| Lot Description |
| Rocky |
| Garage SF |
| Fencing |
| Rock/Stone |
| Lot Area |
| 2,689,656 |
| Tenure |
| Fee Simple |
| Lava Zone |
| 4 |
| Exterior Area |
| Zoning |
| CN-20 |
| Oceanfront |
| N |
| Pool |
| N |
| Roads |
| County,Major Thoroughfare,Paved,State |
| Schools |
Utilities
| Heating/Cooling | Phone | Power |
| Cable,Land Line | Overhead | |
| Sewer | Solid Waste Disposal | TV Access |
| Sewer-Not Connected | None | Cable |
| Water | ||
| County |
| Heating/Cooling |
| Phone |
| Cable,Land Line |
| Power |
| Overhead |
| Sewer |
| Sewer-Not Connected |
| Solid Waste Disposal |
| None |
| TV Access |
| Cable |
| 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: Jul 5, 2022 @ 19:20
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