45.94 Acres Lot
45.94 Acres Lot
Key Details
Property Type Vacant Land
Sub Type HIS Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Olaa Reservation Lots
MLS Listing ID 720096
HOA Y/N No
Annual Tax Amount $3,719
Tax Year 2024
Lot Size 45.945 Acres
Property Sub-Type HIS Vacant Land
Source Hawaii Information Service
Land Area 2001364
Property Description
Entitlement, Legal, and Civil Engineering work is well underway, positioning the project beyond early risk and on a clear path to final subdivision approval.
Project Highlights:
• 45-acre lot with Tentative Subdivision Approval from Hawai‘i County that is a short drive off the highway
• Property to be divided into 40 one-acre lots (some larger) with County Water allocations secured through May 2026
• Minutes from Hilo, Kamehameha Schools, restaurants, Kea'au Shopping Center and the airport
• HELCO power and high-speed internet available in the area
• Potential for Mauna Kea Views!
Work Completed and In Progress Toward Final Approval:
• Use and Occupancy approval has been granted to bring a waterline onto the property
• A required stoplight at Huina Road on Highway 11 is already installed per approval requirements
• Topography has been completed after more than a year of work
• Okahara Engineering & Associates began the civil engineering in 2024
• Carlsmith Ball, LLP retained in early 2024 to manage DCCA registration and legal work
• CCRs + HOA docs have been prepared, ready for DCCA filing
• Final subdivision map with county revisions is nearing approval
Video: https://www.canva.com/design/DAG1_v-AIas/le50TcZdt2F6604fFk9KDg/watch?utm_content=DAG1_v-AIas&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=hc58ad81c44
New owner will need to bring a larger county water pipe across the highway, the UOA approval for which has been granted. Offered for sale is one 45 acre lot. No presales or individual lot sales are available at this time. Buyer to verify subdivision feasibility. MLS 720096 TMK 3-1-7-17-3
Location
State HI
Community Olaa Reservation Lots
Area Hi
Zoning A-1A
Region Puna
City Region Puna
Exterior
Utilities Available Electricity Available, Other, Phone Available, Water Available, Water Not Available
View Y/N No
Water Access Desc None,Other,Public
Topography Gentle Slope,Rolling Terrain
Garage No
Private Pool No
Land Tenure Fee Simple
Waterfront YN No
Building
Lot Description Wooded
Sewer None, Septic Tank
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
Virtual Tour https://www.canva.com/design/DAG1_v-AIas/le50TcZdt2F6604fFk9KDg/watch?utm_content=DAG1_v-AIas&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=hc58ad81c44
Get More Information
