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15-787 Paradise Ala Kai Dr ...
Property sold:

3 Bd  2.5 Ba  2,870 sf  0.5 ac

2021-01-22

Market $958K  

$818K

Assessed$778K
Sold$818K
5.1%
Market$958K
  1. HI
  2. Big Island
  3. Puna
  4. Hawaiian Paradise Park

15-787 Paradise Ala Kai Dr #0 Keaau HI 96749

Welcome to Hale O'Kealoha Ala Kai! This stunning oceanfront home has sweeping ocean & coastline views from Kaloli Point to Cape Kumukahi; over 2800 square feet of living area, a salt water pool & a two-car garage. Designed to take advantage of the ocean views from as many rooms as possible, the kitchen, dining & living rooms all have panoramic views & open to one another & two outdoor patios for enjoying the incredible view. Living room has a wet bar & another room set up with a game table. The master bedroom is on the oceanfront side; sounds of the waves lull you to sleep & you wake to spectacular sunrises over the ocean. The master bath is spacious, with separate jetted tub & walk in shower. The house will amaze you with the interior space, it is like a second wing off the main living area as a wide hallway leads to two other bedrooms, also with ocean views, and two additional rooms currently set up & used as bedrooms. You have a second full bath & half bath on this side of the house. The hall opens onto the two-car garage, with washer/dryer & two locking storage rooms.
Hale O'Kealoha has been used as a successful vacation rental. With the new vacation rental laws in place; the special use permit has been approved so that this home can continue to be used as a vacation rental. No new vacation rentals are allowed in this area (existing must have already applied for & met special use permit requirements). At full price, the home is offered turn-key. This is a fantastic opportunity!
The home is located in the oceanfront community of Hawaiian Paradise Park, approx 30 minutes to Hilo for the airport, major shopping, beach parks, etc. About 15 min to either Keaau or historic Pahoa Town with shopping, restaurants & specialty shops. Minutes from the renowned Sunday Maku'u Farmer's Market.
Whether your dream is oceanfront living for yourself or a home that can also produce income, don't miss out on this amazing property!

Financial

Status
off-market
Sale Price
$818,000
Date Sold
2021-01-22
Market Value
$957,925
Asking Price
$899,000 $879,000
Assessed Value
$778,000
Year Assessed
2020
Oceanfront
Yes
Property Taxes
$573/mo
Parcel #
150590630000

The Basics

Status
Off Market
Property Type
House
View
Bay, Coastline, Ocean, Ocean Horizon, Sunrise
Pool
Concrete/Gunite

Building

Property Type
House
Beds
3
Full Baths
2
Half Baths
1
Living Area
2,870 sf
Pool
Concrete/Gunite
Year Built
1996
Waste Water
Septic
Water
Catchment
Power
Overhead
Trash Disposal
Private Contractor

Land

Tenure
Fee Simple
Frontage
OceanFront
Lot Number
459
Lot Size
0.5 acres (22,216 sf)
Elevation
No data
Latitude
19.61732968
Longitude
-154.94625532
Subdivision
HAWAIIAN PARADISE PARK
Roads
Private, Paved
Zoning
A-1A - Agricultural, 1 acre
Flood Zone
VE,X
  • 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 3 - Areas less hazardous than zone 2 because of greater distance from recently active vents and (or) because of topography. 1-5% of zone 3 has been covered since 1800, and 15-75% has been covered within the past 750 years.
Recordation
Land Court

Parking

Vehicle Storage
Attached
Garage Area
532 sf

Amenities

Flooring
Ceramic Tile, Vinyl
Inclusions
Drapes, Dryer, Washing Machine, Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Range Hood
Internet
Cable, DSL, Satellite, Wireless
Telephone
Cable, Cell, Land Line, Satellite
TV
Satellite, Cable
Fence/Wall
Rock/Stone