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Mele I, 75-5533-A KEALIA ST Unit #B, Holualoa, HI, USA, 93725

  • Posted: 1/14/2017 3:13:11 PM

3

Bedrooms

2

Bathrooms

3273

sqft (approx)

Neighborhood: HUALALAI FARMS

$1,700,000 USD

Our Mele Estate Coffee plantation is situated at 1500 ft. of elevation on 5 acres of private land at the end of a cul-de-sac in the gated community of Hualalai Farms. Developed in 1986 to become our dream coffee plantation. It has 2 lovely homes, ancient Hawaiian rock walls that line the south side of the property & beautiful mature landscaping. Spectacular views & situated directly above the town of Kailua-Kona on the gentle slopes of Mt. Hualalai. Near schools, shopping, restaurants & the charming town of Holualoa. Although this property is being sold as one five acre parcel it is a CPR (horizontal condominium) of 2 properties w/ 2 separate TMK numbers. WE WILL NOT BE SELLING THESE PROPERTIES SEPARATELY: Mele 1B - 3 acres: Located near the top of the property, approx. 3500 sq. ft., 3 BRs, 2 full BAs , kitchen, living rm, sitting rm, den, dining rm, office, a screened in lanai off the master bedrm (previously used as a spa), 2 carports & a large covered lanai w/ an expansive view. This property was renovated in 2014. Mele 1A - 2 acres: Located on the lower portion of the property. Approx. 2500 sq. ft., 1+ BRs, 2 full BAs, kitchen, dining rm, living rm, office/den, 2 car garage & a large covered lanai w/ ocean views . Renovated in 2016. Coffee: Mele Estate Coffee plantation has over 2000 mature coffee trees. A drying shed is located on the northern side of the property. There is an established long term relationships w/ a caretaker who maintains the landscaping and prunes, fertilizes and picks the coffee. Investment opportunity. Average Monthly Rental Income Mele 1B=$2750.00; Mele 1A=$1800.00 Coffee tree yield in 2015 was over 11,000 lbs. of “Extra Fancy” grade cherry. This is your opportunity to own a turnkey coffee plantation w/ 2 beautiful homes. Investment opportunity w/ agricultural product, tax exemptions & deductions. Sit back & relax into drinking some of the finest coffee on the planet.