NORTH KOHALA LOT #306

Less than $10k per acre! Unique opportunity to acquire large acreage in the Kahei section of Kohala, towards the western side of the community, where the weather is drier and the views are exceptional. Beautiful rolling pasture, stretching from Akoni Pule Hwy to within approx. 1,200 ft of the ocean, with crystal clear views of Maui, the ocean and some white water below. Items of note:
-Small portion of the property (approx. 17 acres on the highway) is being licensed on a year to year basis for the operation of a sod and ulu operation that has been on the property for over 30 years.
-30" private water line runs through the property from Kohala Ditch (owned by Kamehameha Schools), providing virtually unlimited ag water at very attractive rates to the subject property and adjacent properties. County water meter off of Hoea Rd. as well for potable water.
-Right of entry given to prawn farm operation on the property, which can be revoked at any time.
-Property is fenced and cross fenced for cattle; currently approximately 400 head on the property.
-Additional 124 acres connected by a state lease also being offered; TMK 3-5-5-7-39 at $2.27m.
-Ag-20 zoning for future development potential.
-Great property for agricultural development/expansion.
-Access off of Akoni Pule Hwy and Hoea Rd. via easement.
-Some of the best finishing pastures for cattle.
-Ranch will consider continuing to lease the property from new owner, in return for maintenance of the property and property taxes.