$8,500,000
Active


  • MLS# 620317
  • Business, Commercial, Residential
  • 18 Beds
  • 8 Full Baths
  • 7,800 SQFT
  • South Kohala


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.
Days On Market
350
Assessed Value
$1,288,500
Annual Property Tax
$12,047
Tenure
Fee Simple
Tax Key (TMK)
Acres
16.96
Subdivision
Lalamilo Farm Lots
Mountain View
Yes

Interior

Flooring
Carpet
Laminate
Hardwood
Appliances
None
Refrigerator
Range/Oven
Washer/Dryer
Dryer
Washer

Exterior

Zoning
A-5A
Parking
Detached
Frontage
Pasture

Building Features

Year Built
1965-1991

Utilities

Power
Overhead
Solar/Photovoltaic
Underground
Water
County
Other (remarks)
Wastewater
Cesspool

Select a Point of Interest and Radius from the form above.

South Kohala

The South Kohala district encompasses the sun-struck shoreline of the Big Island's northwestern coast and reaches upland (mauka) to Waimea’s cool green pastures. Near the ocean, volcano goddess Pele’s work is a dramatic lavascape, studded here and there by kipuka (small vegetated oases surrounded by lava flows). Today, as in ancient times, this area offers a valued portal to the sea where you can still see Kamehameha the Great’s shoreline fishponds all along the Kohala Coast.

During the 1960's bold land developers spent millions to create additional kipuka along the shoreline. These oases are the Mauna Kea, Mauna Lani and Waikoloa oceanfront resorts of the Kohala Coast. The resort culture, in turn, inspired development of luxury real estate options in the nearby areas: custom homes, villas, condominiums and vacation residences.

Tucked in among the Kohala Coast resorts is the tiny, low-key beachfront community of Puako. Once a fishing hamlet reachable only by boat, Puako embraces an appealing mix of high-end custom homes and vacation rentals as well as plantation-style beach shacks and modest cottages. The palpable contentment enjoyed by this diverse little enclave is the result of the live-and-let-live facet of aloha, evidenced when neighbors meet to talk story on the front porch of M’s Puako General Store, the only store in town.

Six miles upland from the shoreline, Waikoloa Village (as opposed to coastal Waikoloa Resort) is a relatively new subdivision developed over the last 35 years.  Originally intended as affordable housing for resort workers, Waikoloa has grown into an interesting convergence of young working families, “snowbirds” (part-time residents from the mainland), recent transplants, baby boomer retirees and kama’āina(meaning "old-timers") who enjoy the warm weather (in spite of sometimes blustery winds). With several condominium complexes, a shopping center and an active Community Association, Waikoloa Village is conveniently located between Waimea and Kailua-Kona. Homeowners in the Village also have access to nearby tennis and golf amenities.

On the high, cool plain to the north and east is the captivating cowboy town of Waimea, also known as Kamuela. "Waimea" translates to "red water," and every Hawaiian Island has at least one place called Waimea. When the 20th century Post Office needed a zip code, it was designated Kamuela, or Samuel, for a member of the Parker family.

Prized throughout Hawaiian history as a rich source of fresh water and good soil, Waimea is the headquarters of Parker Ranch, at one time the world’s largest privately-owned cattle operation. 

Although you see symbols of urban America in the town’s main shopping area (including a Starbucks), the essential character of Waimea is an appealing balance of cowboy-rustic and cultivated sophistication. Here, you will find highly-regarded private schools, a contemporary hospital, headquarters for multiple astronomy observatories, fine restaurants, art galleries and the Kahilu Theatre, a performing arts center, all located in close proximity to a rodeo arena, acres of farms and grazing cattle on vast ranches.


Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


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Listed By Macarthur Sotheby's International Realty

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.


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