Kailua Kona - Beach Property For Sale #7507759

Rare infill wooded lot with ocean views in Kalaoa offering a unique development or estate opportunity in the Kailua-Kona area. The seller has conceptual plans for a 29-unit affordable housing project, and supporting materials are available including survey, archaeological reports, and conceptual plans. A private road/easement runs north-south through the property, providing potential access and layout flexibility. The property may also be suitable for agricultural use, estate-style homes, or potential institutional uses such as places of worship. According to preliminary discussions, the Department of Water Supply has indicated that up to six additional water credits may be available in connection with a potential Change of Zone application (such as RA-1a - 1-acre lots). Buyer to conduct their own due diligence with the county and relevant agencies. The site may offer strong potential for an affordable housing development opportunity, especially when considered alongside Hawaii County Ordinance 11-22, which encourages affordable housing projects in the region.