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Details about the Land
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| County: Hawaii |
Type: Acreage w/House |
Acres: 20 |
| Address: 21-49 AMAUULU RD. |
City: Hilo |
State: Hawaii |
| Zip: 96720 |
Price:
$859,000.00 |
Status: Available |
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Description of the Land
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RE: 2-6-28-9 * * * This property was SOLD at the full price of $859,000 on Aug. 30, 2010. If you would like to acquire something similar, please email me your "wish list", preferred price range and a note stating what features are important to you. I will research the available properties that appear to meet your criteria and promptly reply. * * *
Go Green and become truly self-sufficient here with river frontage, waterfalls access from your back yard, cascading into a natural swimming hole, solar power, three homes on 20.5 graded acres and good road access. A true family compound or corporate retreat with city lights and coastline views are all here awaiting the buyer of this fabulous property. Add inspiring sunrises and captivating sunsets with snow capped winter Mauna Kea views and you will quickly discover that this 20.5 acres ag-zoned parcel sited at about 1,400 ft. elevation has everything imaginable to assist in self-preservation.
Seller undertook a creative plan to construct three off-grid homes plus an oversize, extra tall garage for parking a motorhome or boat, all of which are now under construction. The main 3 + 2 home is complete and will be move-in ready after existing permits are finaled. Regretfully, seller was caught in the economic downturn that so many have incurred, so he is forced to sell this dream property at a drastically reduced price and downsize his home base.
To finish construction, seller states it will take approximately $20,000 to complete the 2 + 1 (second) house over garage plus $40,000 to complete the 1 + 1 guest or third house. These estimates include labor and material. It will take a cash buyer here, since the building permits have not been finaled and a conventional lender will not loan on incomplete structures. Seller will transfer open building permits to buyer at close of escrow.
Also included is a stored, 4th. packaged home that owner planned to build, cantilevered over the stream and overlooking the waterfalls. A 20 ft. x 60 ft. finished, permitted greenhouse is already in use. Owner has planted about 100 avocado trees and a variety of fruit trees for self-sustainability and potential resale. It may be possible to establish hydro-electric power production with the river and waterfalls as the water source. A lender ordered appraisal in Sep. 2009 came in at $1,200,000 with the three homes finished. Take advantage of seller's position - Let's write an offer.
Note: Plumbing and electrical were done by licensed contractors with the buildings constructed to code. Owner-Builder status requires permits to be transferred to buyer at closing and prior to finalizing.
Seller will consider assisting with finalizing all construction in the name of the buyer for a separate fee. Any agreement to this effect shall be made between buyer and seller, outside of the Purchase Contract terms and will not be a part of the closing escrow.
A list of valuable personal property will be included with the sale. Any questions, call Marcel or send email. Due to the various time zones, email correspondence is preferred, but I also welcome your call.
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Directions to the Land
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Located only 4.9 scenic miles (15 minutes) from downtown Hilo. Contact me for directions.
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, LLC, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.
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