$499,500

This is a leasehold property.This is a leasehold property...with NO farming requirements!Incredible opportunity to own a home & enjoy the Big Island lifestyle!Discover the freedom of homeownership in peaceful & culturally rich Honaunau on iconic Painted Church Road. This updated 3BR/2BA home sits on 25,519 sq ft of fully fenced & gated land, offering privacy, room to roam & a tropical lifestyle that's hard to find at this price. 22+ years remain on a financeable lease. Why this leasehold is different: • Lock in predictable lease rent for the next 22+ years! The lease rent is fixed with no increases during the remaining lease term, offering a level of housing cost stability that's increasingly hard to find. • Comparable to many condominium AOAO fees, but instead of shared walls, common areas & parking, enjoy an entire home, private yard & over half an acre of land. • No farming requirements or agricultural obligations! • Financing possible for up to 17 years, aligning with the remaining lease term. Inside, enjoy open-concept living, beautiful bamboo flooring & an upgraded kitchen with granite counters, new stainless appliances & custom pantry cabinetry. The spacious primary suite features lanai access, A/C, walk-in closet & a beautifully finished bath. New vinyl windows, updated moulding, recessed lighting & ceiling fans create a light, breezy feel. A large laundry/flex space & expansive 600 sq ft lanai add even more room to enjoy. Step outside to a tropical orchard featuring ulu, lychee, papaya, jaboticaba, citrus, cherimoya, avocado, mango, coconut, coffee, soursop & more! Enjoy 20 owned PV panels on Net Metering, county water (no catchment), a large workshop/storage area beneath the home & even a zip line! Partially furnished for an easier move. Minutes to Puʻuhonua o Honaunau, Two Step snorkeling & Kealakekua Bay. Enjoy the space, privacy & freedom of having a home of your own in beautiful South Kona!