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74-5040 Ane Keohokalole Hwy

Kailua-Kona, HI 96740
  • $2,500,000
  • STATUS: Active
  • ON SITE: 1786 Days
  • MLS #: 603139
UPDATED: 30 min ago
$2,500,000
  • 0
    BEDS
  • 12.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
Area:

School Ratings & Info

Description

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, and the amount of credit used will depend on inflation-adjusted fair share costs and the number of residential units developed. The owner has paid $95,000 in water commitment fees, which will be credited towards the facilities charges to provide water to 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 time to comply with the condition to obtain ministerial (i.e. administrative) approval for development was extended to August 1, 2026. 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 Countys Subdivision Code; the permit also envisions a clubhouse facility with recreational and social spaces.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 $95,000, will be credited towards the final facilities charge for the development.Wastewater (Sanitary Sewer): The property is within the service area of the County of Hawaiis Kailua-Kona wastewater treatment system and Kealakehe wastewater treatment plant.

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© 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2021-12-04T02:34:30.927.
www.alohakonarealty.com/homes/69120984
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74-5040 Ane Keohokalole Hwy Kailua-Kona, HI 96740

  • Price: $2,500,000
  • Status: Active
  • On Site: 1786 Days
  • Updated: 30 min ago
  • MLS #: 603139
0
Beds
0
Baths
0
½ Baths
12.28
Acres
Neighborhood:
Honokohau 2nd
Area:
North Kona
Property Description
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, and the amount of credit used will depend on inflation-adjusted fair share costs and the number of residential units developed. The owner has paid $95,000 in water commitment fees, which will be credited towards the facilities charges to provide water to 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 time to comply with the condition to obtain ministerial (i.e. administrative) approval for development was extended to August 1, 2026. 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 Countys Subdivision Code; the permit also envisions a clubhouse facility with recreational and social spaces.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 $95,000, will be credited towards the final facilities charge for the development.Wastewater (Sanitary Sewer): The property is within the service area of the County of Hawaiis Kailua-Kona wastewater treatment system and Kealakehe wastewater treatment plant.
Exterior Features

Land Tenure Fee Simple Lot Description Grassy Ocean Front N Pool N Roads CountyPavedState Topography Other (Remarks) View Ocean

Property Features

Assessed Value 702700 Assessment Year 2021 Distressed Standard Sale Lava Zone 4 Power Overhead Property Type Land Sewer Sewer-Not Connected Solid Waste Disposal Private Contractor Tax Key 374024017 Taxes 7799.97 Terms 1031 ExchangeCashConstruction LoanConventionalPmm Water CountyMunicipal Zoning Rs-7.5

Listing information © 2021 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Joel K. Lapinta.


© 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2021-12-04T02:34:30.927.
 
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Aloha Kona Realty, Inc.
75-5852 Alii Dr. V-14
Kailua Kona HI, 96740