Beautiful Topography On 24 Papaikou Acres


This offering is for 24.14 acres, TMK 3-2-7-37-21, Parcel 21, Lot #22, as part of a total of 8 contiguous and semi-contiguous parcels listed for sale, 7 of which feature Kapue stream frontage. The seller greatly prefers a bulk sale of all 8 parcels (total list price: $4,250,000, 197 acres) but will consider individual purchasers.

Available for sale for the first time in nearly 20 years, this sprawling 197 acre Macadamia Nut plantation is located just 15 minutes north of Downtown Hilo. Perched along the edge of Kapue stream, the plantation borders multiple waterfalls and swimming holes, and features breathtaking ocean and mountain views. Rolling hills and fertile soils offer ideal conditions for growing Macadamia nuts. Hundreds of trees have been planted, offering excellent opportunities to develop an efficient income crop.

Farm an expansive gentleman estate, or buy and hold this prized Hamakua acreage while earning income from your orchards. Close proximity to Hilo and gorgeous natural features offer tremendous long term value, while active agricultural use provides a generously low property tax rate.

8 parcels considered for individual purchasers:
MLS 282372: 32.22 acres for $696,000
MLS 282374: 25.30 acres for $545,000
MLS 282378: 20.25 acres for $435,000
MLS 282379: 21.06 acres for $450,000
MLS 282388: 24.14 acres for $520,000 (this offering)
MLS 282389: 24.03 acres for $519,000
MLS 282390: 24.81 acres for $535,000
MLS 282391: 25.58 acres for $550,000
Total list price for all 197.39 acres is $4,250,000.

Please allow several days for a response to offers, due to distance and international time differences.

Continuation of current tax rates is dependent on continued agricultural activity. Check with Hawaii County Property Tax Office for details.

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