NOT LISTED FOR SALE

0 Homestead Rd Unit 670577 Pahoa, HI 96778

55.6 Acres
-- Price per Acre
2,421,936 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $425,000

318 Days on Market

About This Lot

As of July 2024

This amazing property is turn key. There is an AG building for water catchment and 20,000 gallons of water storage, with water going to each of the paddocks.

Approximately 45 acres of the 55.6-acre parcel was once in sugar cane and, when they purchased it in 2008, had been idle for more than 25 years, except for some parts planted to one 3-year cycle of papayas (in the 1990s). It was essentially abandoned agricultural land that had been severely degraded by both sugar and papaya. The property owners cleared large invasive non-native trees, including several albizia more than 6 feet in diameter. The trees were cut and felled, rather than grubbed, so as to leave root balls undisturbed in the soil. Tropical grasses and legumes responded well to the clearing and became widespread. In March 2010 a perimeter fence was completed around 45 acres for pasture.

In 2015, with a USDA/NRCS grant, the property owners were able to cross-fence into five paddocks so that they could begin rotational grazing. This regenerative management sequesters carbon; and, it has transformed the pasture into being much more productive and continues to do so; with pasture renovation and, in 2018, the 45 acres further divided into nine paddocks. In 2018 the farm was recognized as Outstanding Cooperator of the Year in the Puna Soil and Water Conservation District.

Outside of the fenced area there are about 8 acres with some native forest, large clumps of bamboo suitable for construction and (shoots) for eating, and remnants of an old commercial flower farm with marketable torch ginger and heliconia.
Scattered across part of the land with the pasture and forest, are about 20 mature avocado trees of seedling origin that were allowed to remain during clearing in 2008 and 2009. The pasture slopes from about 600 feet to 500 feet in elevation.

Last Agent to Sell the Property

Dayna Robertson

At Home Hawaii Brokerage Phone: 8084305383 License #RS-85517 Listed on: 08/02/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $890

Lot Details

  • Property fronts a county road
  • Level Lot
  • Grass Covered Lot
  • Property is zoned A-20A

Utilities

  • Cistern
  • Sewer Not Available

Community Details

  • Puua Keonepoko Iki Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 3150090150000

Property Details

Property Type

Land

Est. Annual Taxes

$890

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • ResoLotFeatures: Grassy
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PUUA - KEONEPOKO IKI
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • Waterfront: No
  • Roads: County, Other

Utilities

  • Cooling: Cash
  • Sewer: None
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-20A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3150090150000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 890.0
  • Tax Lot: 2

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Off Market $425,000 -- --
07/15/2024 07/15/24 Sold $425,000 -10.5% --
08/02/2023 08/02/23 For Sale $475,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 670577

Hawaii Information Service (MLS Hawaii)