78-6797 Mamalahoa Highway

MLS® 708877 (Hawaii Real Estate) is located at 78-6797 Mamalahoa Highway HOLUALOA HI 96725 in KEAUHOU 1ST MAUKA . The current listing status is Active. This 9 bed and 7 bath Home was built in and features 4878 finished sq.ft with a lot size of 2.26 acres. This property has a reported annual taxes of $5,818. This property is currently listed for an *asking* price of $2,500,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Immediate income from 6 rentals in 5,478 square feet of living space plus a ½ acre home build site with ocean and sunset views in the highly desirable neighborhood of Holualoa this property appeals to investors and those seeking multigenerational living. A former Kona Coffee farm and current avocado farm consisting of 2.26 acres, this multifaceted property with 3 legal kitchens provides the opportunity to simultaneously earn rental income, farm its fertile soil and build another home. Once operated as a school, then later as an elder care home with a total of 6 bedrooms on the lower level this property offers flexibility for many uses. Extensively renovated, this rare offering is 15 minutes to downtown, Kona Hospital and less than ¼ mile to the dog park making it a great location for Kona residents, traveling nurses and dog lovers. Renovations: New roofing New Flooring Plumbing upgrades Electrical upgrades LED lighting New appliances, cabinetry, countertops Exterior and interior paint Onsite laundry and storage Landscaping Extensive ground work making the whole property walkable/mowable 11 parking spots + space to add 5 more Main Home 1. 3/1 vaulted ceilings, large kitchen/ living, ocean views and 2+ parking 2. 1/2 with the option to turn it back into a 2 bedroom. Lanai, private laundry, private storage, 2 parking 3. 2/1 and 2 parking 4. Studio, lanai, 1 parking *current renovation 5. Studio, lanai, 1 parking *interior not renovated Separate Cottage 6. 1/1 private lanai, ocean views, 2 car parking The ½+ acre build site sits on a private, upper end of the property with a driveway roughed in and offers ocean views. Hand selected, delicious avocado varieties, citrus, mango, cherimoya, lychee, banana, ulu, loquat, taro and turmeric. Two electric meters, no CC&R’s. Sold as is