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Captain Cook,HI 96704
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision Keei 1St & 2Nd Subdivisions
MLS Listing ID 722448
HOA Y/N No
Rental Info 1460
Annual Tax Amount $204
Tax Year 2024
Property Sub-Type Farm
Source Hawaii Information Service
Land Area 317988
Property Description
This is a leasehold property.
Now available is your chance to purchase a 35-year lease on one of two coffee lots overlooking the serene coastline and stunningly beautiful Kealakekua Bay. The upper portion of these lots provides the ideal setting to build a home with a magnificent view of the bay and the chance to enjoy great weather year-round. The elevation is perfect for cool breezes, yet not too much rain.
Lot 85 is a 7.3-acre tract of land that can also be purchased with the adjacent Lot 86 a 6.2-acre tract of land. The lots are fully planted with mature coffee and maintained by a land management company ensuring a healthy production of coffee cherry. The coffee farm is installed with drip lines to insure good harvest independent of weather. The last two years the 7.3 acres produced between 28,000 to 33,000 pounds of cherry. (Cherry is the fruit of the coffee plant that contains the coffee beans.) The lessee / homeowner can participate in the revenue generated by each year's harvest.
The lots are in an area known as Captain Cook, named after the English Captain James Cook who arrived on the Big Island in 1779. There is a good chance that with the proper house orientation and elevation you could see the Cook monument from this lot.
History of Kealakekua Bay
Kealakekua Bay, located about 12 miles south of Kailua-Kona, has a rich history spanning over a thousand years. It was a significant cultural and social hub for ancient Hawaiians. The bay's name, meaning "the path of the gods," reflects its deep spiritual importance, particularly as a site for the annual Makahiki festival honoring the fertility god Lono. Today Kealakekua Bay is known for its historical significance, kayaking, snorkeling and paddle surfing.
Location
State HI
Community Keei 1St & 2Nd Subdivisions
Area Hi
Zoning A-5A
Region South Kona
City Region South Kona
Exterior
Utilities Available Water Not Available
View Y/N Yes
Water Access Desc None
View Bay,HIS Coastline,HIS Sunset,Ocean,Ocean Horizon
Topography Hilly,Steep Slope
Garage No
Private Pool No
Building
Lot Description Farm
Sewer None
Others
Ownership Full
Acceptable Financing 1031 Exchange,Cash,Conventional,HIS Construction Loan
Listing Terms 1031 Exchange,Cash,Conventional,HIS Construction Loan
Special Listing Condition Leasehold,Standard