Kailua Kona - Beach Property For Sale #7496823

Auction listing - Auction fees may apply. This is a leasehold property. This is a Leasehold property with the State of Hawaii. 5.05 acre parcel of land located in Keahole Agricultural Park. Multiple improvements include a residential dwelling, detached studio and concrete slabs with open framing. Property has plumeria and noni planted. County water. Existing lease expires December 31, 2035.. Buyers must provide proof of at least 2 years of full-time farming experience, 4 years of part-time farming experience or a degree in agriculture to qualify to purchase the lease. In addition, the buyer will have to be a US citizen or eligible non-citizen, will have to be a Hawai'i state resident for the last 3 years, if a US citizen, or 5 years if an eligible non-citizen. Once there is a lessee on record, the lessee may apply for a lease extension. This request will need to be approved by the Board of Agriculture. Property will be included the next Auction. Buyers must sign up and place bids though. All auction properties are subject to a 5% buyer s premium pursuant to the Event Agreement and Auction Terms & Conditions minimums will apply . Buyers and buyers' agent to verify any and all info.