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ROAD 1 (UHINI ANA) Lot #: 2522 MOUNTAIN VIEW, HI 96760
- Vacant Land / REO Foreclosure
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
Property Details for null St, MOUNTAIN VIEW, HI 96760
Facts
- Property ID : View Details
- MLS Number : View Details
- Property Type : View Details
- County : View Details
Sale Type
This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.
Description
A pair of side by side lots totaling 6 acres, sits on the gently sloping terrain of Hawaiian Acres in an established area. The two lots are identified as TMK 3-1-6-18-47 and 3-1-6-18-48 (lots 2522 and 2523), are situated along paved Uhini Ana Rd., also known as Road 1. This offering is unique, presenting the rare opportunity to acquire two adjacent lots forming a spacious 6-acre parcel measuring 300 feet wide by 871 feet deep.Situated at an elevation of approximately 1200 feet, the land benefits from ample rainfall, suitable for catchment and irrigation purposes. The location is approximately 15 minutes from Keaau and 25 minutes to Hilo, providing convenient access to shopping, dining, the airport, post offices, beaches, and more. Please be aware that a previous buyer defaulted on a Purchase Money Mortgage (PMM), leading to the property's return to the owner in February 2023 through a Deed in Lieu of Foreclosure. Although this deed has been recorded, it lacks an accompanying Estoppel Affidavit, preventing Title Insurance Companies from issuing title insurance for the property. Consequently, the list price reflects a significant discount from the market value. This offering may particularly appeal to those interested in agricultural endeavors, as the region boasts numerous parcels with established coffee plantations at this elevation.
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Property Brokerage:
Hawaii Life Real Estate Brokers
5-4280 Kuhio Hwy., Suite G-203
Princeville
HI
96722
Copyright © 2024 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.