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in NAALEHU, Hawaii

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  • $75,000
  • 928,438 sq ft land
  • 21.31 ac

Jump on this RARE opportunity while you can. This slice of heaven has boundless ocean views in the developing county of Ocean View. Coming in at 21 acres, this parcel has subdivision possibilities to divide the lots into 7-3 acre lots, zoned as Ag-3. The buyer and buyer's agent should confirm with the county planning department about subdivision possibilities. This 21-acre parcel is a hidden gem that holds immense value in terms of investment opportunity and equity growth.
There are additional 21-acre parcels available which are Plat #12 for $75,000 and 4 are available for $65,000 which include Plat numbers 4 and 9, 10 and 11 are contiguous.

As it stands, one would be land banking as there is no right of way to the lots within the subdivision. Buyers still have a visual view of the lots from the adjacent subdivisions. The owner is expecting to grade a Jeep road this coming year on a designated TMK down the middle of the subdivision. He also intends to obtain State and County approval to construct a permanent road from the highway once all parcels are sold, and an association is formed by the new owners to maintain the building and maintenance.

Property and land value are projected to see a large price appreciation once there is proper access and a right of way to the subdivision.

The developing community of Ocean View includes 2 shopping centers, 2 supermarkets, restaurants, a medical clinic, a business center, churches, and much more. The area boasts many amenities and experiences like the fishing, snorkeling, and cliff jumping at South Point to snorkeling in the crystal blue oceans at Black Sand Beach, while hiking to the secluded beaches at Pohue Bay which is only 3 miles south from the bottom of the subdivision. No CCR's maintenance fees at this time.

Property details for

  • MLS # 656277
  • Property Type Land
  • Lot Size (Ft) 928,438
  • Flood Zone X
  • Pool N
  • Water Source None
  • Topography Hilly, Rolling Terrain
  • Solid Waste Disposal None
  • Listing Brokerage The Land Office, LLC
  • County Data Click Here

Taxes for

  • Tax Id 3921510010000
  • Gross Taxes $491
  • Taxes For Tax Year 2021

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Listing Price

$75,000
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