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Listed by NextHome All Islands
$ 899,000
Est. payment /mo
Price Dropped by $76K
73-1200 Kahuna RD Kailua Kona, HI 96740
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Kalaoa
MLS Listing ID 202606703
HOA Y/N No
Annual Tax Amount $6,576
Property Sub-Type Land
Property Description
Rare infill wooded lot with ocean views in Kalaoa offering a unique development or estate opportunity in the Kailua-Kona area. The seller has conceptual plans for a 29-unit affordable housing project, and supporting materials are available including survey, archaeological reports, and conceptual plans.
A private road/easement runs north–south through the property, providing potential access and layout flexibility. The property may also be suitable for agricultural use, estate-style homes, or potential institutional uses such as places of worship.
According to preliminary discussions, the Department of Water Supply has indicated that up to six additional water credits may be available in connection with a potential Change of Zone application (such as RA-1a – 1-acre lots). Buyer to conduct their own due diligence with the county and relevant agencies.
The site may offer strong potential for an affordable housing development opportunity, especially when considered alongside Hawaii County Ordinance 11-22, which encourages affordable housing projects in the region.
A private road/easement runs north–south through the property, providing potential access and layout flexibility. The property may also be suitable for agricultural use, estate-style homes, or potential institutional uses such as places of worship.
According to preliminary discussions, the Department of Water Supply has indicated that up to six additional water credits may be available in connection with a potential Change of Zone application (such as RA-1a – 1-acre lots). Buyer to conduct their own due diligence with the county and relevant agencies.
The site may offer strong potential for an affordable housing development opportunity, especially when considered alongside Hawaii County Ordinance 11-22, which encourages affordable housing projects in the region.
Location
State HI
County Hawaii
Area N. Kona
Interior
Fireplace No
Exterior
Utilities Available Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Not Available
View Y/N Yes
View Coastline, Ocean
Present Use Agricultural,Other,Residential,Single Family
Building
Lot Description Wooded, Level
Sewer None
Water Public
Others
Tax ID 3-7-3-003-010-0000
Special Listing Condition None
