PELE ST Lot #: 24 NAALEHU, HI 96772

Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Green Sand Subdivision - this 12,000 sq ft lot has been completed graded ($8k cost), leveled and a permitted septic system was installed at a cost of about $10k - it's in a great private location, too. House plans have been approved and are included in the sale ($6k value). See the attachments at the top of the listing for more information. There should be an ocean view from the back of the lot if you build up a bit. Property was staked, so no re-staking at sellers' expense. Per Helco, the SSPP share cost has been paid in full. The land is currently a bit overgrown, but the septic is located near the back. Lava Zone 6, Flood Zone X. Possible Purchase Money Mortgage (owner financing) considered upon approved credit - please submit your terms for Seller review. Ideal seller terms are 50% down at 7% interest for up to 10 years. Sellers have already invested around $30K in this property!Nearby is the old plantation town of Na'alehu, home of the famous Punalu'u Bake Shop, Hana Hou Restaurant, a hardware store, post office and more. Kailua-Kona and Hilo are each about 65 miles away and both cities have international airports. Fairly close to the black sand beach at Punalu'u and the green sand beach at KaLae.