A price reduction to $519,000 on the largest of the last 8 remaining vacant lots in Kohala Waterfront now makes this 1.38 acre property at 59-211 Lele Naia Dr. one of the most exceptional values along the Kohala Coast. The summary below clearly outlines this great value opportunity.
| # | Lowest | Highest | Average | Median | Mode | |
|---|---|---|---|---|---|---|
| Listings | 8 | $519,000 | $1,439,000 | $903,125 | $814,500 | N/A |
| DOM (Active) | 8 | 29 | 345 | 173 | 155 | N/A |
Large Lot, Small Community, Great Location
With just 50 house lots in this private gated enclave overlooking the ocean, Kohala Waterfront is one of the best-kept secrets along the Kohala Coast. This particular lot is a stunning custom home site, almost oceanfront, and at 1.38 acres is the second largest lot in the entire subdivision.
59-211 Lele Naia Drive, Lot #11 (MLS# 291727)
Savvy homebuyers who want to be along the ocean on the Kohala Coast without the noise and density of being in a resort will appreciate Kohala Waterfront. It is only 3 miles from Kawaihae Harbor and its excellent dining establishments, and approximately 10 miles from both the farmers markets in Waimea Town, and the excellent golf, tennis, and white sand beaches of the Kohala Coast resorts.
Large lot, large value (MLS# 291727)
Kohala Waterfront Community – Is It For You?
The community of Kohala Waterfront is only a couple hundred feet above sea level and each home in this private neighborhood is designed to take advantage of the awesome ocean and mountain views. Design Guidelines and CCRs are in place to help maintain lifestyle and value, and each lot has a specified building envelope to help protect view planes and consider privacy. Enjoy daily ocean sunsets, and gorgeous views of the Kohala Coast as well as Mauna Kea, Mauna Loa, and Hualalai.
Did I Mention the Exceptional Price?
And while the ocean views here are unobstructed and simply the best – perhaps the most enticing aspect of this property is its new price. At this new price of $519,000, it would be very hard to find a similar property of this size and this close to the ocean along the Kohala Coast.
Aloha from the best island, the Big Island of Hawaii!
Mike Bates
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