With spectacular views of Maui Island & the sea, this very private 21.4 acre property has two separate cottages & offers several ownership options: 1/ Earn $42,000/yr rental income from the two cottages + property value growth each year (total of perhaps 8+% per year) 2/ This is a spectacular location to build your country island home. The main homesite is located on the upper portion of the property where the smaller cottage is located. It could produce $1,500/month rental income or can be the location of a new main residence. The 2nd cottage is located downhill—-and it is the Seller’s preference to lease back the 2nd cottage for 2 years at $2,000/month. Total rental income potential of $3,500 per month. Each cottage has solar power, satellite internet & affordable county water. The pure air & fresh ocean breezes are part of a quiet & private country lifestyle. Here in the safe & friendly community of North Kohala, Big Island of Hawaii, the land also has great potential as an agricultural business venture. With over 100 mature coconut palms trees there are also pineapples, avocados, papaya, lemons & tangerines in production. The weather is wonderful (approx 35-40 inches per year) which keeps the lawns green & the trees happy. Island tradewinds keep skies clear & the stars sparkling at night. This is a very private, lifelong legacy property here in the area called Honopueo—- "the owl's gathering place". Summary of improvements: Ø 2+ miles of graded/graveled & partially-paved agricultural roadways Ø Two separate farm dwellings of 620 sq ft & 360 sq ft Ø Two 3,000 watt photovoltaic solar power systems Ø Extensive land clearing, electric fencing & pig-wire fencing Ø Additional storage buildings & Tractor garage Ø 120+ Samoan palms & bamboo varieties Ø County water meter Ø Satellite internet service Ø Additional rainwater harvesting system for irrigation and Much more
Single Family Home, Single Level
Coastline, Mountain, Ocean, Ocean Horizon, Pasture
Asphalt/Glass (Shingles), Baked Enamel
Double Wall, Rustic, Wood Frame
This Single Family Residence is priced at $1,177,000 and located at 54-247 Honopueo Rd, . With 2 Bedrooms and 2.00 Bathrooms, it offers a total of 839 Square feet. This Residential was built in 2007 and its status is Active. 54-247 Honopueo Rd is in proximity to Schools. This property is represented by Forrest Arnold of Elite Pacific Properties LLC, our team of Realtors can represent you at no additional cost.
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Listing information last updated on November 15th, 2019 at 1:25pm HST.