The two lots have a combined market value of $2.5 million. The property, located on the north side of an existing boat ramp and tennis court, was presented by King Kamehameha to Kalanianoano Kaleinoanoa and his heirs who kept the property in the family for more than 200 years until it was sold to the present owners, Edward and Rhonda Rapoza of Kailua-Kona and Richard Fallon and Nancy McKinley of Washington.Įdward Rapoza said water and sewer infrastructure have been installed on the parcels. “I believe this is the last open piece of property on Keauhou Bay which is a highly utilized space by community members and ohana.” “There is incredible depth of information and historical facts and lineage,” Villegas said of the PONC report on the property. Kona Councilwoman Rebecca Villegas, who sponsored the resolution, agreed. “This is the last property that can be purchased on Keauhou Bay it is the last one.” “It’s historically important due to its ties to Kamehameha and the lineal chiefs of ancient Hawaii,” said Shelly Naungayan, a PONC commissioner who said she was speaking as a private citizen. The money would come from the PONC fund, garnered from a 2% earmark on property tax revenues. Resolution 531, approved on a unanimous vote, authorizes the county administration to enter into negotiations with the owners of the two adjacent parcels making up the property. “A pristine property of unparalleled beauty, this site contains a seawall and a ramp leading to the bay, which will provide easy access for all recreational activities.” ![]() “Fronting the sparkling turquoise waters of Keauhou Bay, this is the last available parcel once owned by Kamehameha Nui,” the PONC report states.
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