Hilo Brokers LTD

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Featured Listing! Changed Last 30 Days! 25.58 acres in Papaikou Farm Lots Contact Hilo Brokers about THIS property.

Description

Available for sale for the first time in nearly 20 years, this sprawling 144 acre Macadamia Nut plantation is located just 15 minutes north of Downtown Hilo.

Perched along the edge of Kapue stream, the plantation borders multiple waterfalls and swimming holes, and features breathtaking ocean and mountain views.

Rolling hills and fertile soils offer ideal conditions for growing Macadamia nuts. Hundreds of trees have been planted, offering excellent opportunities to develop an efficient income crop.

Farm an expansive gentleman estate, or buy and hold this prized Hamakua acreage while earning income from your orchards. Close proximity to Hilo and gorgeous natural features offer tremendous long term value, while active agricultural use provides a generously low property tax rate.

A total of 6 contiguous and semi-contiguous parcels are listed for sale, 5 of which feature Kapue stream frontage.

The seller greatly prefers a bulk sale of all 6 parcels (total list price: $3,061,000) but will consider individual purchasers. Please allow several days for a response to offers, due to distance and international time differences.

MLS 282374: 25.30 acres for $545,000
MLS 282378: 20.25 acres for $392,000
MLS 282388: 24.14 acres for $520,000
MLS 282389: 24.03 acres for $519,000
MLS 282390: 24.81 acres for $535,000
MLS 282391: 25.58 acres for $550,000 (this offering)
Total list price for all 144.11 acres is $3,061,000.

Continuation of current tax rates is dependent on continued agricultural activity. Check with Hawaii County Property Tax Office for details.

General Information

Address:	PAPAIKOU, HI 96781
Subdivision:	Papaikou Farm Lots
Price:	$550,000
Form:	Land Only
House Size:
Lot Size:	25.58 Acres (1,114,265 Sq Ft)
Type:	Not specified
Lava:	Zone 8
TMK:	3270370290000
MLS:	282391
Terms:	Cash Conventional