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76-6280-C ALII DR KAILUA-KONA
Property

4 Bd  5.5 Ba  3,393 sf  0.1 ac

143 days

$4M  Market $2.04M

$25K rebate

Assessed$1.47M
Market$2.04M
39%
Asking$4M
  1. HI
  2. Big Island
  3. North Kona

76-6280-C ALII DR KAILUA-KONA HI 96740

Absolutely Breath-Taking Direct Ocean Front Investment Opportunity – Welcome to Banyan Point Hale.

From the moment you enter this property, it’s impossible not to embrace the 270-degree ocean views as the calm sea breeze gently flows through this open-air, one of a kind, naturally lit residence. At Sunset the exterior purples and ocean’s reflection shine in symmetry. Each day you spend living here you’ll be soothed by the sounds of crashing waves with floral tropical breezes tingling your senses. You’ll have year-round entertainment watching the Surfers at the famous Banyan’s Surf break daily within the comfort of your home. Not to mention seasonal whale watching, the occasional manta ray and also pods of dolphins playing steps from your door. The best part is there’s an expansive outdoor living space with black sand for sunbathing where you’ll find solace in the shade from the palm trees and freshly grown coconuts within an arm’s reach!

Hoping to Invest? Look no further. This truly unique property is nestled ocean side and has Three Separate Living Spaces all of which have designated metering for Electric. Make this your Primary Residence while renting the two additional spaces. Even Better, it’s Zoned Vacation therefore this property qualifies for the Short-Term Vacation Rental Permit with the County of Hawaii and you can watch your investment work for you from anywhere.

1ST Time Ever Being Released on the Open Market: The Seller of this spectacularly located Multi-Unit, Vacation Zoned, Income Producing home has made multiple improvements to the property. Including New Roof, New Paint Exterior, New Paint Interior, New Hand Railings & Guard Railings, New Sliding Glass Doors, New Screen Doors, New Jalousie Windows, New Glass Shower Doors PLUS New Carpet on the Stairs, New Ceramic Tile Floors throughout & New Vinyl Plank Floors in Loft of Top 4th Floor.

-There are a total of three separate living spaces! Additional info attached to MLS

Financial

Status
for sale
Market Value
$2,040,992
Asking Price
$4,000,000
Assessed Value
$1,468,600
Year Assessed
2021
Terms
1031 Exchange, Cash, Conventional
Property Taxes
$648/mo
Exemption
$160,000
Parcel #
760140100000

The Basics

Status
For Sale
Property Type
House
View
Bay, Coastline, Ocean, Ocean Horizon, Sunset
Unit Description
Multi-Story,Single Family Home

Building

Property Type
House
Beds
4
Full Baths
5
Half Baths
1
Living Area
3,393 sf
Stories Number
4
Year Built
1987
Waste Water
Sewer-Connected
Water
Municipal
Power
Overhead
Trash Disposal
County-Charge

Land

Tenure
Fee Simple
Frontage
None, Almost Oceanfront, Rocky Beach
Lot Number
10
Lot Size
0.1 acres (4,447 sf)
Elevation
No data
Latitude
19.60572253
Longitude
-155.97619895
Subdivision
HOLUALOA 1 & 2 PARTITION LOTS - BEACH SECTION
Topography
Fairly Level
Roads
County, Paved
Zoning
V-1.25 - Resort-Hotel District (required land area of 1,250 square feet, for each dwelling unit, or for each separate rentable unit, or other similar rentable units)
Flood Zone
VE
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Lava Zone
Zone 4 - Includes all of Hualalai, where the frequency of eruptions is lower than that for Kilauea or Mauna Loa. Lava coverage is proportionally smaller, about 5% since 1800, and less than 15% within the past 750 years.
Easements
Beach Access, Driveway

Parking

Vehicle Storage
Covered

Amenities

Flooring
Ceramic Tile
Inclusions
None, Dryer, Hook-ups Avail, Washing Machine, Disposal, Dishwasher, Refrigerator, Range/Oven, Range Hood
Internet
Cable, Satellite, Wireless
Features
Ceilings-9'+, Ceiling-Cathedral, Ceiling-Vaulted, Smoke/Heat Detector
Telephone
Cable, Cell
TV
Cable
Fence/Wall
Rock/Stone

MLS Data

MLS #
644832
Days on Market
143
Listing Agent
Blake Kessner-BIC RB-22317
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2020-12-01