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This is a leasehold property...with NO farming requirements! Incredible price adjustment for an amazing property! Live the true Big Island lifestyle in peaceful & culturally rich Honaunau on iconic Painted Church Road. Updated 3/2 home on 25,519sf w/ privacy, space & ocean air. 23+ years remaining on a financeable lease. Why this leasehold stands out: • Back on market due to Buyer contingency failure – NOT property condition • Lease rent is FIXED for the remaining 23+ years – rare long term rent stability • No escalating lease rent during the balance of the lease • Lease rent is less than or comparable to condo AOAO fees • Instead of shared walls & parking you get a full sized home & 35,000 sq ft of land • 18 year financing possible aligning with the remaining lease term • No farming obligations!!! Open concept living with beautiful bamboo flooring. Upgraded kitchen with granite counters, new stainless appliances & a full wall of custom pantry cabinets. Spacious primary suite with lanai access, walk in closet & beautifully finished bath. New vinyl windows, updated moulding, recessed lighting & ceiling fans create a light breezy feel. Fumigated in 2021 with substantial substructure replacement completed. Large laundry/flexible space. Expansive 600 sq ft lanai perfect for outdoor dining & relaxing. Tropical orchard includes ulu, lychee, papaya, jaboticaba, limes, longon, oranges, clementines, cherimoya, avocado, mango, coconut, coffee, soursop, black bamboo, jade, monkeypod & more. 20 panel owned PV on Net Metering. County water no catchment. Large shop, under home storage, fully fenced & gated yard plus even a zip line. Partially furnished for easy move in. Minutes to Puʻuhonua o Honaunau, Two Step snorkeling & Kealakekua Bay. Space, privacy, lifestyle
| LOCATION INFORMATION | |
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District: South Kona |
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| Latitude: 19.43153003 | |
| Frontage: Road/Street |
| INTERIOR FEATURES | |
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Floors: Other |
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| Appliances: Dishwasher, Microwave, Other, Range, Refrigerator | |
| EXTERIOR FEATURES | |
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Septic or Sewer: Cesspool |
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| Zoning: A-5A | Lot Size in Sq. Ft: 25519 |
| Road Description: County, Paved | |
| Fencing: Stone, Wood | |
| Lot Description: Residential LH Property just minutes to Pu’uhonua ‘O Honaunau and Two Steps | Lot Number: 10-A |
| Topography: Fairly Level | |
| Security: Ocean |
| FEATURES | |
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| Additional Information | |
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Tax Key: 384010012 |
Property Type: HOUSE |
| Year Built: 1977 | |
| Taxes: 1241.99 | |
| Land Tenure: Leasehold |
30 Year Fixed. 3.525% Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ 157 |
Listed by: Hawaii Estates LLC
Seller’s Representative:
Kohanaiki Realty LLC © 2023 Hawaii Information Service. All rights reserved. © 2023 MLS Hawaii, Inc. All rights reserved.
Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated approximately every two hours. The last update time is shown below.
HIS data last updated at July 24, 2026 8:54 PM HAST
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