$1,790,000

1245 Kaumana Dr

HILO HI, 96720

Description

The permits have been submitted to the county as the Greenwill Mind Kaumana Subdivision with 6 tmks.
This property offers three separate single-family homes, all 3 bed/2+ bath, and a myriad of short and long term rental possibilities. Each home comes fully furnished and turn key. Once an anthurium farm, this charming 3 acre property is very unique. Featuring a fully permitted, award-winning bed & breakfast with a review base and reputation that promises a great business opportunity for years to come. The property also has two other single-family homes fully equipped for long or short term rentals and more than an acre of undeveloped land that is ideal for subdividing. The B&B has a newly installed, outdoor barrel sauna, hot tub, outdoor gym, and an underground bunker. The property is also a small park with lychee, avocado, lilikoi, coffee, guava, orange, lemon, noni, mountain apple, mulberry, pineapple and more. The back of the property includes over an acre of cleared land, which has potential for multiple subdivisions. The homes would have ocean views and border Kamehameha lands, allowing for privacy.

Short Term Rentals: KAUMANA CAVES INN, Operating since 2016, we have developed a reputation for being the best selling B&B in Hilo. Currently only operating 2 units, the B&B permit offers potential for growth up to 5 units.

Long Term Rentals: OHIA & ANTHURIUM HOMES, The two 3 bed/ 1.5 bath single-family homes are turn-key, long term rental ready and have been occupied by great tenants for years. Live in one of these homes, rent out the other and manage the B&B!

Details

MLS#635188
Listing TypeFor Sale
StyleHouse
Sub-TypeFee Simple
StatusActive
Year1975
Days On Site146

Features

Bed(s)9
Bath(s) 7 Total
SQ Feet4,062
Acreage3.00
Property ViewYes

Market Activity 96720

Loading Form
Loading Form
Area Information
StateHI
CityHILO
Zip Code96720
AreaBig Island
Community NamePONAHAWAI HOUSELOTS
Listing VS Median (in PONAHAWAI HOUSELOTS)
Price:
$1,790,000
low | high
Med:
$1,790,000
50% of Average
SqFt:
4,062
low | high
Med:
4,062
50% of Average
$ / SqFt:
$441
low | high
Med:
$441
50% of Average
On Site:
146
low | high
Med:
146
100% of Average
Listing Updated: 10/27/2020
Michael Haley LogoMLS Number: 635188
Listing Provided By:
Michael Haley  of  Hawaii Life

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.