66-1330 LALAMILO FARM RD $8,500,000

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    66-1330 LALAMILO FARM RD KAMUELA, HI 96743

    • 18 Beds
    • 8 Baths
    • 7,800 sq.ft.
    • Single Family
    MLS# 620317 | Active

    $8,500,000

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    Days On Market: 366 21 Views
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    Property Details

    A rare opportunity to purchase a major farm in the State renowned for its production, location and state of the art operation. Kawamata Farms, converted over twenty years ago to a hydroponic operation utilizing the most advanced technology for growing, sorting and packing for distribution to their markets, is one of the highest yields in the State. This highly profitable business has potential for growth as well as for the addition of ancillary businesses for future generations. Located in the upcountry growing community of Kamuela, home of Parker Ranch, Astronomy, two private schools, and North Hawaii Community Hospital the farm provides many of the leading restaurants and markets across the State with their annual supply of tomatoes. The farm currently has 250,000 square feet of greenhouse improvements with expansion possibilities for even greater yield potential or diversification. Additional improvements include 59KW Photovoltaic System, large storage facility, chemical storage and mixing room, office, large walk-in refrigeration rooms and six farm dwellings for employees. A thriving business with a well-established clientele, Kawamata Farms sits on over 16 acres of dedicated AG-5 zoned property. In addition, the farm facility includes: a 12,000 sq ft maintenance shop, a 7000 sq ft storage for packing supplies, a 12,000 sq ft storage for growing supplies, a 6000 sq ft office and packing area, and 1,150 sq ft of refrigeration coolers within the packing area. Located in Waimea's ideal climate with lots of sunlight with moderate temperatures and lower humidity. It has fertile soil for field growing, and fairly cool nights with trade winds, which are conducive to producing high quality crops. The farm has both County water and a State provided and maintained ag water system for low cost irrigation water along with vacuum cooling and refrigeration facilities. With easy access to town, it is a convenient dispatch to both shipping ports by air or water.

    • General Features
      • Subdivision Lalamilo Farm Lots
      • Location 66-1330 LALAMILO FARM RD
      • Land Tenure Fee Simple
      • Interior Area Total 7,800
      • Full Bathrooms 8
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 0
      • One-Qtr Bathrooms 0
      • Pool N
      • View Mountain
      • Oceanfront Parcel N
      • Unit Description Ground Unit, Single Level
      • Taxes Annual $12,047
    • Building Features
      • Floor Covering Carpet, Laminate, Hardwood
      • Appliances None, Refrigerator, Range/Oven
      • Washer Dryer Dryer, Washer
    • Property Features
      • Land Area 738,690
      • Frontage Pasture
      • Roads Paved
      • Parking Description Detached
      • Water Other (remarks)
      • Wastewater Cesspool
      • Solid Waste Disposal Trash None
      • Power Overhead, Solar/Photovoltaic, Underground

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    Neighborhood

    96743 (KAMUELA) Demographics

    38Median Age
    36Population Density (per sq. mile)
    42%College Educated
    $67,349 Estimated Median Income
    2,589Estimated Total Home Owners
    1,574Estimated Total Renters
    62% / 38%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    13,357Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $917,500 Median Sales Price
    30 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $8,500,000
        8/15/2018 4:07:00 AM New in Database Source

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 8/17/2019 3:50:22 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

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