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82-6153 WAIWAI STREET Captain Cook, HI 96704
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Key Details
Sold Price $650,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,178 sqft
Price per Sqft $551
Subdivision Coffee Farm Lots
MLS Listing ID 647997
Sold Date 06/30/21
Bedrooms 3
Full Baths 1
Year Built 1944
Annual Tax Amount $1,071
Lot Size 2.010 Acres
Property Description
Rarely available 2 acre coffee farm situated at an elevation of approximately 1,600' in the town area of the picturesque village of Captain Cook. On the property served by county water and overhead power is a 3 bedroom one bath coffee shack built in 1944 and in poor condition along with a permitted 1,200' warehouse/shed built in 1980 complete with plumbing and electrical.
The property terrain is gentle sloping with an abundance of soil. The majority of the coffee trees are grafted and were planted some 15 years ago.
In addition to the coffee trees there are a number of fruit trees on the property including:- mountain apple, rambutan, lychee, longan, tangerine, lemon, navel orange, ulu, avocado, mango, surinam cherry and bananas.
Other points of note:-
* The property is zoned A-1A.
* County water.
* No fertilizer has been applied to the farm in the past two years along with minimal horticultural care. Despite no fertilizer application, the gross income from coffee in 2019 was $20,000 and in 2020 was $17,000.
* Located close to Kealakekua Ranch Center, Post Office, Greenwell Park and Manago Hotel. Hospitals, schools and banks are within a 5 minute drive while magnificent Kealakekua Bay is within a 10 minute drive.
* Seller is looking for a Cash/1031 Exchange/Home Equity line of credit/Rehab Loan Buyer due to the condition of the 1944 coffee shack.
Location
State HI
Area South Kona
Zoning A-1A
Exterior
Garage None
Fence None
Pool No
Waterfront N
View Garden, Ocean Horizon, Sunset
Building
Lot Description Inside, Other (remarks)
Sewer Cesspool
Water County, Meter Installed
Schools
Elementary Schools Konawaena, Palamanui
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
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