Overview
Exceptional opportunity for investors and developers to acquire nearly 80 acres in Kaneohe at 47-149 Pulama Road, offering a prime canvas for lucrative development. The property encompasses two parcels: TMK 1-4-7-0031-0000 (Country/Residential Zoned, 12.3888 acres) and TMK 1-4-7-0025-0000 (P-1 Preservation Zoned, 66.532 acres). Strategically located just 5 minutes from the ocean and Kaneohe Bay, this site boasts serene views and holds immense potential for a highly profitable venture. The first parcel, priced at $4.9 million, is an excellent opportunity for residential development. Visualize the potential of transforming this parcel into generous one-acre lots, capitalizing on the demand for premium residential homes in this sought-after location. With its proximity to the ocean and stunning views, this parcel can evolve into an exclusive enclave, offering a unique and high-value real estate proposition. Buyers to do due diligence. The second parcel, spanning 66.532 acres and priced at $1.9 million, is zoned P-1 Preservation. Seller is open to selling both parcels together or separately. Seize this unparalleled opportunity to own your Hawaiian Estate by the bay.
Property Details
- Neighborhood
- Kaalaea
- Property Type
- Lots/Acres/Farms
- Status
- Active
- View
- Mountain, Ocean
Additional Property Info
- Disclosures
- 1031 Exchange, Inactive Licensed Owner
- Days on Market
- 38
- Flood Zone
- Zone X
- Tax Amount
- $281
- Tax Assessed Value
- $965,000
- Tax Assessed Value Improvements
- $136,100
- Tax Assessed Value Land
- $828,900
- Topography
- Gentle Slope, Level
- Utilities
- Electricity, Water
- Zoning
- 56 - Country District
Courtesy of Julia Tan, Soldier To Soldier HI Realty.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.
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