73-1082 Mahilani Dr

MLS® 713735 (Hawaii Real Estate) is located at 73-1082 Mahilani Dr KAILUA-KONA HI 96740 in KONA HIGHLANDS . The current listing status is Active. This 1 bed and 1 bath Home was built in 1987 and features 1192 finished sq.ft with a lot size of 0.20 acres. This property has a reported annual taxes of $1,867. This property is currently listed for an *asking* price of $699,000 (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.

Dream Custom Home in Hawaii: Unique Investment Opportunity Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process. Major demolition, permitting, foundation work, and half of the framing are already complete. You can choose your favorite final finishes without the hassle of removing existing ones. The current owner/contractor is available to advise on the next steps and share contacts with reputable subcontractors. Currently livable, this 2,128 sqft, 3-bed, 3.5-bath home can be finished in phases. Designed for unobstructed ocean views from the living room, all bedrooms, and a rooftop deck engineered to support a hot tub, this home offers stunning sunsets every night. Features include an outdoor shower, a fishpond with a waterfall, and custom kitchen cabinets made of quarter-sawn white oak and teak. The master bedroom includes an all-teak accent wall, floating vanities with LED lighting, and a shower with a 16” rain head. Wide plank European oak floors add a touch of elegance. The property boasts old-growth palms, coconuts, papaya, lilikoi, and colorful flowers. Located in a neighborhood with underground utilities, no power lines are obstructing your views. Situated at the bottom of a quiet street, this home offers peace and privacy. This rare opportunity allows you to live in the home as-is and finish within the permit's 5-year span or complete construction quickly to capitalize on instant equity. Whether for investment or a forever home, this property can fulfill your dreams. Plans have been drawn, stamped by structural and mechanical engineers, and approved and stamped by the county. The building permit is currently open and is transferable to the new owner with a $100 transfer fee. NOTE: Cash or 1031 exchange only.