54-247 HONOPUEO RD Kapaau, HI 96755

With spectacular views of Maui Island & the sea, this very private 21.4 acre property has two separate cottages & offers a variety of ownership options:

1/ This is a spectacular location to build your island country home in safe & friendly North Kohala

2/ Earn $42,000+/yr rental income from the two cottages + property value growth each year (total of perhaps 8+% per year?)

The smaller cottage is located on the upper portion of the property. It could produce $1,500/month rental income or can be the location of a new main residence. The 2nd cottage is located downhill—-Seller may be interested in leasing back one of the cottages for 1-2 years. Total rental income potential of both cottages = $3,500+ per month. Each cottage has solar power, satellite internet & affordable county water.

The pure air & fresh ocean breezes are part of a quiet & private country lifestyle. Here in the safe & friendly community of North Kohala, Big Island of Hawaii, the land also has great potential as an agricultural business venture with over 100 mature coconut palms trees—-also pineapples, avocados, papaya, lemons & tangerines in production.

The weather is wonderful (approx 35-40 inches per year) which keeps the lawns green & the trees happy. Island tradewinds keep skies clear & the stars sparkle at night. This is a very private, lifelong legacy property here in the area called Honopueo—- "the owl's gathering place".

Summary of improvements:
Ø 2+ miles of graded/graveled & partially-paved agricultural roadways
Ø Two separate farm dwellings of 620 sq ft & 360 sq ft
Ø Two 3,000 watt photovoltaic solar power systems
Ø Extensive land clearing, electric fencing & pig-wire fencing
Ø Additional storage buildings & Tractor garage
Ø 110+ coconut palms & bamboo varieties
Ø County water meter
Ø Satellite internet service
Ø Additional rainwater harvesting system for irrigation
and more...