This is a leasehold property. This property is 2.47 acres, locate

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Home Off Market

83-5799 HAWAII BELT RD

Captain Cook, Hawaii 96704

Ocean View: Yes

Community: KAHAULOA 2ND

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$950,000 5 br, 4.0 bath 3000 sq. ft. 2.470 acres

This is a leasehold property. This property is 2.47 acres, located on Hawaii Belt Road, one mile south of the Captain Cook Post Office.
The spectacular ocean view overlooks Kealakekua Bay, Honaunau Valley, and 26 miles of the gorgeous Kona coastline.
6,000 sq.ft. of the land is classed as commercial.
The remaining 2.33 acres are zoned agricultural, and include 1.25 acres of Kona coffee trees, plus Avocado, Mango, Papaya, Banana & Orange trees, Guava, Lilikoi, and more. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
There are 2 buildings on the property. -
The residence is 3,000 sq.ft., with 5 bedrooms, 3 full & one 1/4 bath, a two car carport, and an 1,100 sq.ft. lanai, with one of the world's greatest views from a hot tub.
The residence has been approved by Hawaii County and Kamehameha Schools for use as a vacation rental. STVR permit # 19-365130.
The 2,700 sq.ft. commercial building is located right off the highway on the property's 6,000 sq.ft. commercial site, and is home for The Coffee Shack restaurant
The commercial building also has a 400 sq.ft. office on the lower level, and a one bedroom apartment.
The Coffee Shack, Ltd currently subleases the commercial site for $4,600/month. The Coffee Shack restaurant business is also for sale.
The land is leased from Kamehameha Schools. There are 32 years remaining on the current lease.
Kamehameha Schools is a private charitable educational trust endowed by the will of Hawaiian princess Bernice Pauahi Bishop. Kamehameha Schools / Bishop Estate is the largest private landowner in Hawaii. Leases from Kamehameha Schools are typically a less expensive way to own property in Hawaii.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 3000
  • Year Built: 1987
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: Carport,Covered
Exterior:
  • Lot Size: 2.470 acre
  • Lot Dimensions: 
  • View Types: Mountain, Ocean
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • Property Taxes: $5,883
  • MLS #: 640811
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Contact Information:
Beach Home Off Market in Captain Cook, Hawaii
Ad Number: 1042704
Viewed 363 times.
Updated: Oct 31, 2020

This property is a Home located at 83-5799 HAWAII BELT RD, Captain Cook, Hawaii 96704, and is currently Off Market at $950,000. This Home has 5 bedrooms, 4.0 baths, 3000 sq ft.

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