74-5040 Ane Keohokalole Hwy
$2,500,000
Price:
$2,500,000
Bedrooms:
0
Bathrooms:
Not Available
MLS:
(ACTIVE) 603139
Interior Area:
Not Available
Price/sqft:
$0
Year Built:
Not Available
Lot Size:
12.28 acre(s)
Land Tenure:
Fee Simple
Property Type:
Vacant Land
On Market:
Jan 12, 2017
Updated:
Jun 11, 2022
Foreclosure:

Listing Remarks

• 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 County’s 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 Hawaii’s Kailua-Kona wastewater treatment system and Kealakehe wastewater treatment plant.

Property Location

Public Reports

Other Details

Address: 74-5040 Ane Keohokalole Hwy , Honokohau 2nd 96740
Lat/Long: 19.67604534 | -156.00230937
Taxkey: 3740240170000
Property Type: Vacant Land
Land Area: 12.28 acre(s)
Oceanfront Parcel: N
Pool: N
Annual Tax: $7,800
Assessed Value: $702,700
Assessment Year: 2021
Zoning: RS-7.5
Assessed Land Value: $555,200
Annual Tax (Year): 2015
Garage Area: 0 sqft
Lot Description:
  • Grassy
Roads:
  • County
  • Paved
  • State
Topography:
  • Other
Sewage:
  • Sewer-Not Connected
The View:
  • Ocean
** Cooperating Broker Compensation: The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.