Fantastic opportunity to invest in a large estate conveniently located within minutes of the University of Hawaii, Kaimuki, Waikiki Beach and Ala Moana Center. Come and explore the possibilities of this 8.78 acre property in upper Palolo Valley consisting of approx. 3.4 acres zoned R-5 and approx. 5.37 acres preservation hillside. Currently an orchid farm, the property includes two homes: a 4 bedroom/2 bath with finished basement and outdoor shower, and a 2 bedroom/2 bath across the driveway. The third structure is a workshop with 1 bath on the ground level, and office spaces, storage room, kitchenette and bathroom on the top floor. Multiple greenhouses cover the remaining flat area. Waiomao Stream separates the rear part of the lot from the property's mountainside. The orchid business is available for purchase separately. The number of bedrooms and bathrooms shown in MLS do not match tax records. Offering price of $6,000,000.00 is firm.
Fantastic opportunity to invest in a large estate conveniently located within minutes of the University of Hawaii, Kaimuki, Waikiki Beach and Ala Moana Center. Come and explore the possibilities of this 8.78 acre property in upper Palolo Valley consisting of approx. 3.4 acres zoned R-5 and approx. 5.37 acres preservation hillside. Currently an orchid farm, the property includes two homes: a 4 bedroom/2 bath with finished basement and outdoor shower, and a 2 bedroom/2 bath across the driveway. The third structure is a workshop with 1 bath on the ground level, and office spaces, storage room, kitchenette and bathroom on the top floor. Multiple greenhouses cover the remaining flat area. Waiomao Stream separates the rear part of the lot from the property's mountainside. The orchid business is available for purchase separately. The number of bedrooms and bathrooms shown in MLS do not match tax records. Offering price of $6,000,000.00 is firm.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.