Honokōhau, Hawaiʻi
SOLD
Looking Northwest from Honokōhau Village Parcels Lots 14-A & 14-B
Lot 14-B
Price: USD $2,250,000 *PRICE REDUCTION*
Planned Unit Development approved for 70 Single Family Homes and a Recreational Center
Tax Map Key Parcel No.: 3rd/ 7-4-024: 017
Land Area: 12.283 Acres, 49,707.5 Square Meters
Location: 74-5040 Ane Keohokalole Highway, Kailua-Kona, HI 96740
The parcel is on the Mauka (upslope) side of the Ane Keohokalole Highway ≈500 feet north of the intersection with Kealakehe Parkway and the West Hawaii Civic Center. Kealakehe Parkway is the main Mauka-to-Makai State arterial secondary road providing access from Queen Ka‘ahumanu Hwy (State Hwy. 19).
***The County of Hawaii has confirmed that $458,137.97 of costs paid by the owner can be applied to the fair share costs for road and traffic improvements as specified in Condition J(5) of Change of Zone Ordinance No. 99-61 (REZ 914). The credit runs with the land, and the amount of credit used will depend on inflation-adjusted fair share costs and the number of residential units developed.
State of Hawaii Land Use Designation: Urban per Ordinance No. 96-85, effective 07/26/96
County of Hawaii General Plan: Urban Expansion
Kona Community Development Plan (KCDP): The property is located within the Honokohau Village Regional Center.
Zoning: Single-Family Residential minimum building site area 7,500 sq. ft. (RS-7.5) per Ordinance 99-61 approved May 13, 1999 and took effect subject to specific conditions on August 1, 2016. The zoning ordinance is currently effective.
Plan Unit Development (PUD): PUD Permit No. 61 dated September 15, 1999. Subject to certain and specific conditions the permit took effect on August 1, 2016. The PUD permit allows minimum building site areas of 4,000 square feet among other variances from the County’s Subdivision Code; the permit also envisions a clubhouse facility with recreational and social spaces.
Water (71 Equivalent Units): The Department of Water Supply (DWS) of the County of Hawaii granted a commitment to supply 28,400 gallons per day or seventy (71) units of water at an average of 400 gallons per day (DWS refers to the quantity of 400 gallons per day as equivalent units). A water commitment deposit of $10,650 is required annually to maintain the commitment. The cumulative annual payments, currently $116,550, will be credited towards the final facilities charge for the development.
Wastewater (Sanitary Sewer): The County sewer main is located along Ane Keohokalole Highway. The property is within the service area of the County of Hawaii’s Kailua-Kona wastewater treatment system and Kealakehe wastewater treatment plant.
Lot 14-A SOLD
Price: USD $4,800,000 *PRICE REDUCTION*
Tax Map Key Parcel No.: 3rd/ 7-4-024: 012
Land Area: 29.074 Acres, 117,658.3 Square Meters
Location: 74-5040 Ane Keohokalole Highway, Kailua-Kona, HI 96740
The parcel is on the Makai (seaward) side of the Ane Keohokalole Highway directly below Lot 14-B and adjacent to the West Hawaii Civic Center.
State of Hawaii Land Use Designation: Urban per Docket No. A89-643
County of Hawaii General Plan: Industrial & Urban Expansion
Kona Community Development Plan (KCDP): 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.
“Regional centers are intended for mixed use and higher density residential, retail, commercial, employment, and/or regional one-of-a kind facilities, such as major civic, medical, education, and entertainment facilities. Regional centers shall be designed around a Commercial Center, which is the focus for the Village and designed to encourage pedestrian activity.” Kona Community Development Plan, September 2008
Zoning: 95% Open & 5% Agriculture minimum Lot Area 5 Acres (A-5a)
Notes on Zoning: The State Land Use designation of Urban, the General Plan of the County of Hawaii, and the KCDP support zoning of the site for mixed use. There are various alternatives in the County Zoning Code including project district zoning and planned unit development to allow a mixed use development to carry out the community’s vision of a Transit Oriented Development village.
Water (120 Equivalent Units): The property has one hundred and twenty (120) equivalent units of water currently allocated to it from the DWS County water system. The water is vested in the property and no additional future facilities charges are required to be paid for 120 of these equivalent units. The owner acquired the entitlement at the cost of $858,000 in 2013. Water main access is along Ane Keohokalole Highway.
Wastewater (Sanitary Sewer): The County sewer main is located along the Kealakehe Parkway. The property is within the service area of the County of Hawaii’s Kailua-Kona wastewater treatment system and Kealakehe wastewater treatment plan
Regulatory Clearances for Both Sites
Flood: The property is within Zone X indicative of areas of low concern for flooding.
Archaeological Clearances: Archaeological Inventory Survey was approved by the State Historic Preservation Division ("SHPD") in 1993. No preservation sites were located but recovery had been warranted. An "Archaeological Mitigation Program, Honokohau Industrial Park (Parcel VII), Phase II: Data Recovery" was approved. Recovery was completed and approved by SHPD.
Environmental Impact Statement (EIS): The State Land Use Commission approved the EIS in September 1990 in support of reclassification of the properties to Urban.
SOLD
Looking Southwest from Honokōhau Village Parcels Lots 14-A & 14-B
