74-5040 ANE KEOHOKALOLE HWY Kailua-Kona, HI 96740

  • $2,250,000
Kailua Kona, North Kona
  • 535047
  • Lot sqft
  • HONOKOHAU 2ND
  • Subdivision
  • 603139
  • MLS#
For Sale
74-5040 ANE KEOHOKALOLE HWY Kailua-Kona, HI 96740
Kailua Kona, North Kona
  • $2,250,000

Description

• Zoned for immediate development of single-family residential lots subject to civil plan approval. POLITICAL APPROVAL BY THE GOVERNMENT HAS BEEN OBTAINED.

• The County of Hawaii has confirmed that $458,137.97 of costs paid by the owner can be applied to the fair share costs for road and traffic improvements as specified in Condition J(5) of Change of Zone Ordinance No. 99-61 (REZ 914). The credit runs with the land.

• The owner has paid $116,550 in water commitment fees, which will be credited toward the facilities charges to provide water for the development of the property.

• Zoning: Single-family residential minimum building site area 7,500 sq. ft. (RS-7.5) per Ordinance 99-61 approved May 13, 1999, and took effect subject to specific conditions on August 1, 2016. The condition can be met by obtaining Final Subdivision Approval for the first increment of the subdivision. For example, the first increment may be 10 to 20 homesite lots, with future increments planned on the remaining land area.

Plan Unit Development (PUD): PUD Permit No. 61 dated September 15, 1999. Subject to specific conditions, the permit took effect on August 1, 2016. The PUD permit allows minimum building site areas of 4,000 square feet, among other variances from the County’s Subdivision Code.

Water (71 Equivalent Units): The Department of Water Supply (DWS) of the County of Hawaii granted a commitment to supply 28,400 gallons per day or seventy-one (71) units of water at an average of 400 gallons per day (400gpd with 600gpd maximum as an equivalent unit). A water commitment deposit of $10,650 is required annually to maintain the commitment of the 71 EUs. The cumulative annual payments, currently $116,500, will be credited towards the final facilities charge for the development.

Wastewater (Sanitary Sewer): The property is within the service area of Hawaii County’s wastewater treatment system.

  • Address 74-5040 ANE KEOHOKALOLE HWY Kailua-Kona, HI 96740
  • City Kailua Kona
  • Zip/Postal Code 96740
  • Area North Kona

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Details

Updated on February 13, 2024 at 3:30 pm
  • Price: $2,250,000
  • Land Area: 535047 sqft
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: 603139
  • Office Name: JOEL K. LAPINTA
  • MLS Status: Active
  • Subdivision: HONOKOHAU 2ND
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Contact Penn Henderson - Kona Realtor in Hawaii
MAHALO FOR DROPPING BY!
Big Island Real Estate - Kona, Hawaii

WOULD YOU LIKE ME TO HELP WITH YOUR SEARCH?

I excel at locating ideal Big Island properties specific to your needs and unique lifestyle.

100% Hustle.

No Gimmicks. No Hassles. No Fees.

Just a Few Questions (3-Minutes)