52.33 Acres Lot
52.33 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Subdivision Kaumana Homesteads
MLS Listing ID 730458
HOA Y/N No
Annual Tax Amount $7,178
Tax Year 2025
Lot Size 52.325 Acres
Property Sub-Type Ranch
Source Hawaii Information Service
Land Area 2279277
Property Description
In 2017, the state of Hawaii, through eminent domain, created the Daniel K. Inouye Highway, which divided the original property into two separate parcels.
Property 1: TMK 3-2-5-43-7 consists of 52.33 acres and includes TMK 3-2-5-43-20, which is an additional 1.02 acres (this is considered roadway area).
Property 2: TMK 3-2-5-43-25 spans 3.759 acres.
Both properties are currently zoned as OPEN.
There was an initiative by the current owners to rezone ‘Property 2' to A-3A with the intention of developing a subdivision. However, those plans did not come to fruition, and the zoning remains OPEN. Potential buyers have the option to apply for rezoning through the county planning department's online EPEC system. Given the property's size, approval from the Land Use Commission will also be necessary.
This exceptional and beautiful property offers a myriad of possibilities for future development. The owners are interested in selling both properties together but may consider separate sales. This is an extraordinary opportunity to own a piece of land with a storied past and endless potential for the future.
Buyer and Buyer's Agent to do their own due diligence with County of Hawaii and all relevant agencies regarding agricultural use and zoning and zoning changes.
Location
State HI
County Hawaii Island (big Island)
Community Kaumana Homesteads
Area Hi
Zoning OPEN
Region South Hilo
City Region South Hilo
Exterior
Utilities Available Water Not Available
View Y/N No
Water Access Desc None
Topography Hilly
Garage No
Private Pool No
Building
Lot Description Grassy, Ranch
Sewer None
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition Fee Simple, Standard
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