This is a leasehold property...with NO farming requirements! Incredible price adjustment for an amazing property! Live the true Big Island lifestyle in peaceful & culturally rich Honaunau on iconic Painted Church Road. Updated 3/2 home on 25,519sf w/ privacy, space & ocean air. 23+ years remaining on a financeable lease. Why this leasehold stands out: Back on market due to Buyer contingency failure - NOT property condition Lease rent is FIXED for the remaining 23+ years - rare long term rent stability No escalating lease rent during the balance of the lease Lease rent is less than or comparable to condo AOAO fees Instead of shared walls & parking you get a full sized home & 35,000 sq ft of land 18 year financing possible aligning with the remaining lease term No farming obligations!!! Open concept living with beautiful bamboo flooring. Upgraded kitchen with granite counters, new stainless appliances & a full wall of custom pantry cabinets. Spacious primary suite with lanai access, walk in closet & beautifully finished bath. New vinyl windows, updated moulding, recessed lighting & ceiling fans create a light breezy feel. Fumigated in 2021 with substantial substructure replacement completed. Large laundry/flexible space. Expansive 600 sq ft lanai perfect for outdoor dining & relaxing. Tropical orchard includes ulu, lychee, papaya, jaboticaba, limes, longon, oranges, clementines, cherimoya, avocado, mango, coconut, coffee, soursop, black bamboo, jade, monkeypod & more. 20 panel owned PV on Net Metering. County water no catchment. Large shop, under home storage, fully fenced & gated yard plus even a zip line. Partially furnished for easy move in. Minutes to Puuhonua o Honaunau, Two Step snorkeling & Kealakekua Bay. Space, privacy, lifestyle
| MLS # | 710356 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 822 |
| Listing Provided By | Hawaii Estates LLC | Kendra Powell |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,848 |
| Zoning | A-5A |
| Acreage | 0.59 |
| Property View | Ocean |
| Property | 7254 |
|---|
| State | HI |
|---|---|
| City | Honaunau |
| Zip Code | 96704 |
| Area | Big Island |
| Listing VS Median (in 96704) | |
Price: $524,000 low | high Med: $875,000 sqft: 1,848 low | high Med: 1,080 $ / sqft: $284 low | high Med: $810 On site: 822 low | high Med: 329 | |
| State | HI |
|---|---|
| City | Honaunau |
| Zip Code | 96704 |
| Area | Big Island |
| Listing VS Median (in 96704) | |
Price: $524,000 low | high Med: $875,000 sqft: 1,848 low | high Med: 1,080 $ / sqft: $284 low | high Med: $810 On site: 822 low | high Med: 329 | |