84-5085 Painted Church Rd
$524,000
About this property
This is a leasehold property...with NO farming requirements! Incredible price 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. 22+ years remaining on a financeable lease. Why this leasehold stands out: • Lease Rent is FIXED for the remaining 22+ 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 & 25,000 sq ft of land • 17 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, a/c, 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 work space/shop under the home with tons of storage, fully fenced & gated yard plus there is even a zip line. Partially furnished for easy move in. Minutes to Puʻuhonua o Honaunau, Two Step snorkeling & Kealakekua Bay. Space, privacy, lifestyle
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