Waikama Rd, KAPAAU, HI 96755

$3,200,000
List Price
$3,200,000
Price Change
▼ $300,000 1404288550
Days on Market
2083
MLS#
263044
Status
ACTIVE
Type
Land
Land Area
21,126,600
Land Tenure
Fee Simple
Neighborhood
Makapala-Makanikahio 1st

Property Description

Rare opportunity to own a 485-acre parcel of subdividable land in historic North Kohala. Wide ocean views sweep from the cliffs of Pololu Valley across the north shore of the Big Island towards the towns of Kapaau and Hawi. This could be a legacy purchase for a buyer who wishes to preserve and enhance the rich tradition of these historic lands. Nestled between the Waipunalau Gulch to the west and the Waikama Gulch to the east; bounded by the Kohala Ditch on a portion of the lower (north) side and the Kohala Forest Preserve on the upper (south) side, this parcel embodies the agricultural heritage of Kohala. Currently used for cattle grazing on its eastern portion, its deep fertile soil would support many types of agriculture. The middle section was previously licensed to a small scale sustainable farm. There are unpermitted farm structures on the land, including a solar/photovoltaic system. With two existing lots of record, consolidation and resubdivision would be possible immediately if it better suited the purchaser's vision. The Ag-20 zoning could in principle allow for additional lots to be subdivided in time. One bordering gulch was previously the site of a zip-line; Kohala Ditch Adventures launches at a section adjacent to this parcel. The land has potential for eco-tourism or agricultural tourism. Water features include a pond, spring and seasonal streams and waterfalls in the gulches. Rainfall in this area is adequate for catchment water for agriculture and dwellings. A catchment pond was constructed to support the cattle ranching operation along with substantial fencing of pastures. The amenities of Kapaau and Hawi-restaurants, galleries, shops, Kamehameha Park for recreation, weekly farmers market— are a few miles from the property. The famous beaches of the Kohala Coast are a 40-minute drive. Hawi's Upolu airport can accommodate a small jet; Kona airport is 90 minutes away.

Additional Information

Roads
Graded, Unpaved
Taxes Annual
$538
View
Coastline, Mountain, Ocean, Ocean Horizon, Pasture, Waterfall
Lot Number
53A
Zoning
A-20A
Lot Size
21,126,600
Lot Description Land
Grassy, Other (remarks)
Water
Other (remarks)
Power
Solar/Photovoltaic
Frontage
Pasture, Preservation, Other (remarks)
Sewer
None
Assessed Value
58200
Topography
Rolling Terrain, Other (remarks)
District
North Kohala

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hawaii Life.

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2019 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.