Tobacco Road Homes with Leasehold Land tenure

Tobacco Road Homes with Leasehold Land tenure

Welcome to Tobacco Road, a hidden gem nestled in the lush landscapes of Captain Cook, Hawaii. This enchanting neighborhood offers a unique blend of natural beauty, cultural richness, and a warm sense of community, making it an ideal place for those seeking a tranquil Hawaiian lifestyle.

Tobacco Road is characterized by its stunning vistas of the Pacific Ocean and the majestic mountains that surround it. Residents here enjoy a serene atmosphere, with the sounds of nature providing a soothing backdrop to daily life. The area is known for its vibrant flora and fauna, making it a haven for outdoor enthusiasts and nature lovers. Whether you’re hiking through the nearby trails or relaxing at one of the local beaches, the beauty of Tobacco Road is sure to captivate you.

One of the distinctive features of homes in Tobacco Road is the availability of leasehold land tenure. This unique arrangement allows residents to enjoy the benefits of living in this idyllic neighborhood while offering a more affordable entry point into the Hawaiian real estate market. Leasehold properties provide flexibility and can be an excellent opportunity for those looking to invest in a slice of paradise without the hefty price tag often associated with freehold land.

Community spirit thrives here, with friendly neighbors and local gatherings fostering a strong sense of belonging. Whether you’re enjoying a sunset barbecue or participating in community events, Tobacco Road is a place where you can truly feel at home. Experience the charm and allure of this remarkable neighborhood, where the beauty of Hawaii meets the warmth of community living.

Newest Tobacco Road Homes with Leasehold Land tenure

$225,000
725866 MLS ['Leasehold'] Tenure
This is a leasehold property. This is a KSBE Leasehold Farm with a Lease to 1/31/2053 11.84 acres located up a sweet country road in Honaunau, South Kona, known as Telephone Exchange Rd; just a wee jiggity-jog off of the Hawaii Belt Rd, up a single lane leads you to this private orchard of 400 Macadamia Nut trees. The perimeter fenced property is divided by the access road. There is approximately one acre of forest on either side of the road, left wild as a sanctuary of native flora and fauna. Go through the wooded area to 3 acres of Macadamia Nut trees in the front and 7 acres in the back. Fully mature, grafted Macadamias were planted nearly 40 years ago. This is a unique offering, with a Lease to 2053 and which allows for a farm dwelling to be built. The cool, mauka elevation and rich soil is ideal for growing a huge variety of fruit and cash crops. Telephone Exchange Rd is a lovely community of farmers and artists. The property overlooks Pu’uhonua O’Honaunau, The City Of Refuge; a National Historical Park, which is a culturally significant Hawai’i landmark. The nearby bay is a fishing ramp, the home of the local outrigger team, Keoua, and offers some of the best ocean access for water sports that the Big Island has to offer. Other nearby beaches include Ho’okena, Manini, Ke’ei and Kealakekua Bay. Honaunau's local amenities include gas stations, Post Office, convenience stores, fruit stands and various eateries. The town of Captain Cook is a 10 minute drive away and has an excellent grocery store, Post Office, restaurants, Ace hardware and a lively Sunday Farmer’s Market. * KSBE Leasehold properties require 100% CASH. ** Closing takes approximately 6 months!

84-1178 Telephone Exchange, CAPTAIN COOK

Listing courtesy of Hawaii Life.

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