74-5040 ANE KEOHOKALOLE HWYKailua-Kona, Hawaii HI96740
• Property is entitled to one hundred twenty (120) fully paid water units (equivalent units) from the County of Hawaii Department of Water Supply. The water is vested in the property, and no additional facility charges are required to be paid for these 120 units. The owner acquired the entitlement at the cost of $858,000 in 2013.The Kona Community Development Plan puts the property within the Honokohau Village Regional Center adjacent to the West Hawaii Civic Center. Subject to rezoning, the property is well situated for a range of potential uses.Notes on Zoning: The State Land Use designation of Urban, the Kona Community Development Plan supports the site’s zoning for mixed-use. The County Zoning Code has various alternatives, including project district zoning and planned unit development, allowing a mixed-use development to carry out the community’s vision of a Transit Oriented Development village.Current Zoning: 95% Open & 5% Agriculture minimum Lot Area 5 Acres (A-5a)