$397,500
$405,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
75-5498 NALO MELI DR Holualoa, HI 96725
5 Acres Lot
Key Details
Sold Price $397,500
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Kona Uplands
MLS Listing ID 643544
Sold Date 11/27/20
Annual Tax Amount $200
Lot Size 5.001 Acres
Property Description
As you can see from the photo above, this lot boasts one of the best and most expansive ocean views on the Big Island. In this price range, other lots for sale on the island may offer a "peek-a-boo" or tiny view of the ocean as their "ocean view". However, this lot offers a panoramic view of the ocean.
Some background on Big Island “climates”: The Hilo side (east) of the mountains is wet (lots of rain all year long). The Kona side (west) side of the mountains is dry (nearly no rain at lower elevations, all year long). The climate ‘sweet spot’ on this island lies between 1500’ and 2000’ above sea level on the Kona side of the island. In this sweet spot, an occasional mist or light rain spills over the top of the mountain to keep your landscaping alive while you bask in the Kona sun.
In addition to the view from this lot, there are several other factors that make this lot exceptional when compared to other land offerings on the Big Island.
The soil on this sunny Kona lot is mostly brown and fine in texture (not the crushed black volcanic rock that is so prevalent on the Kona side of the island). So, if you want to grow a garden or plant some landscape shrubs you won’t need a jackhammer to break up the “soil”.
The lot is +/- 1923’ above sea level. At this elevation, afternoon temperatures are mild, not hot, humid, and muggy as it is below 1000’ elevation. At this elevation, there is usually enough occasional moisture in the form of mist or light rain to keep plants on the property sustained without having to water them and incur a high water usage bill. At this elevation, most of Hawaii’s favorite crops will grow, including macadamia nuts and most fruits. At a few hundred feet higher in elevation, mac nuts may not do so well.
Location
State HI
Area North Kona
Zoning A-5A
Exterior
Pool No
Waterfront N
Building
Lot Description Rim Lot
Sewer None
Water County
Others
Acceptable Financing 1031 Exchange, Cash, Construction Loan, Conventional, FHA, VA
Listing Terms 1031 Exchange, Cash, Construction Loan, Conventional, FHA, VA
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962