55-3599 ALAALAE ROAD

HAWI, HI, 96719

$2,200,000

$2,200,000
Active
Active
 - For Sale
property_type
Other
This is a 20 acre property with sweeping ocean and Maui views. It is the first licensed hemp farm in Hawaii, with 13 organically certified crops, established by a true OG farmer who has been growing food and cannabis in Hawaii for 40+ years. This stunning secluded and private property sits on a peninsula protected by tree-lined ravines with an access trail to the beautiful coastline, about 600 yards from the property. Whale sightings are common and on calm evenings whales can be heard surfacing and tail slapping. The mile long private access road and double electronic gates ensure security, yet the farm is less than a 10-minute drive to the charming plantation town of Hawi. This organically certified farm is located in an ideal growing zone – never too wet or too dry – and also grows papaya, banana, greens, herbs, and lavender. Along with the farming infrastructure, there are two hoop houses and ag structures that provide income to the farm. Enjoy farm life in one of the ag structures (tiny homes), while building your dream home on one of several prime building locations on the property. This one-of-a-kind farm is the only hemp farm in Hawaii and one of the few in the country that polycrops food with their hemp to optimize the soil microbiome and plant health.The Buildings (excluding hoop houses) meet the definition of agricultural structures but are not permitted. The Sellers offer to sell is contingent upon Seller securing a long term lease on the approximate 5 acre portion of the land, currently in use for organic hemp production. Buyer must conduct their own due diligence regarding any information deemed important to their decision to purchase.
MLS® ID:
652823
Listed:
3/24/22
Updated:
8/12/22
Hawai'i Life Real Estate Brokers
Mauna Kea Realty

Exterior/Building Features

Lot Size
20.08 acres lot
Lot Details
Clear, Grassy
Sewer
Other (remarks)

Other Property Details

Area Name
North Kohala
Taxes
$657.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
Utilities
Power: Solar/Photovoltaic
Water Source
County, Meter Installed
Pool
No
Pool Description
N
Zoning
A-20A

Property History

Date
Event
Price
Value
6/10/22
Price Change
$2,200,000
-11%
6/9/22
Price Change
$2,490,000
-24%

 

Courtesy of Venture Sotheby's International Realty, Karine Wedemeyer

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Data last updated 12:03 PM UTC, 8/12/22

Hawai'i Life Real Estate Brokers
Mauna Kea Realty
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