⛵️ Hawaii - Big Island Real Estate Expert
For Sale
Naalehu, Kau
  • $65,000

Overview

MLS #: 656332
  • Land
  • Property Type
  • 928438
  • Lot sqft

Description

Jump on this RARE opportunity while you can. This slice of heaven has boundless ocean views in the developing county of Ocean View. Coming in at 21 acres, this parcel has subdivision possibilities to divide the lots into 7-3 acre lots, zoned as Ag-3. The buyer and buyer’s agent should confirm with the county planning department about subdivision possibilities. This 21-acre parcel is a hidden gem that holds immense value in terms of investment opportunity and equity growth. There are additional 21-acre parcels available which are Plat #12 for $75,000, Plat #1 for $75,000, and 3 are available for $65,000 which include Plat numbers 4, 9, and 11 which are contiguous.

As it stands, one would be land banking as there is no right of way to the lots within the subdivision. Buyers still have a visual view of the lots from the adjacent subdivisions. The owner is expecting to grade a Jeep road this coming year on a designated TMK down the middle of the subdivision. he also intends to obtain State and County approval to construct a permanent road from the highway once all parcels are sold, and an association is formed by the new owners to maintain the building and the maintenance.

Property and land value are projected to see a large price appreciation once there is proper access and a right of way to the subdivision.

The developing community of Ocean View includes 2 shopping centers, 2 supermarkets, restaurants, a medical clinic, a business center, churches, and much more. The area boasts many amenities and experiences like the fishing, snorkeling, and cliff jumping at South Point. To snorkeling in the crystal blue oceans at Black Sand Beach, while hiking to the secluded beaches at Pohue Bay which is only 3 miles south of the bottom of the subdivision. No CCR’s maintenance fees at this time.
MLS #:656332

Listing courtesy of Patti Barry at The Land Office, LLC

  • Address NAALEHU HI 96737
  • City Naalehu
  • Zip/Postal Code 96737
  • Area Kau

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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)