75-668 PU HOALOHA PL, Kailua Kona, HI 96740

This is a rare opportunity to acquire three fenced and landscaped acres in a premier location on the slopes of Hualalai. Located at approximately 800 ft. elevation directly above Kailua-Kona, this gated enclave offers views of Kailua Bay. The property includes two separate TMK parcels and comes with a building permit in hand for a custom-designed three-bedroom, three-and-a-half-bathroom luxury home with a three-car garage, infinity pool, and spa. The home's design embraces the indoor-outdoor lifestyle. This elevation enjoys sunny days and cool evenings. Situated within the Kona Coffee Belt, the property features an established coffee orchard on the lower one-acre parcel. These contiguous parcels provide the flexibility to build a family compound with two homes or to continue to maintain the coffee orchard for added privacy. The coffee orchard on the separate 1.16 acre lot qualifies that parcel for an agricultural property tax exemption. TMK 3/7-5-16-104 consists of 2.04 acres with permitted house plans. TMK 3/7-5-16-105 consists of 1.16 acres with a coffee orchard. The HOA fees are $510.35 for each lot for a total of $1,020.70 for both lots. Property taxes are currently $5,389.34 for parcel #104 (2.04 acres) and only $200.00 for lot #105 (1.16 Acres) with the agriculture exemption.