76-878 HUALALAI RD KAILUA-KONA HI 96740

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For Sale: Negotiate

Asking Price

$1,595,000

$504/sf

$2m/ac

Smart Price

$1,226,865

$388/sf

$1.5m/ac

Assessed Value

$855,300

$270/sf

$1.1m/ac

This property has a pending offer.
A contingent listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers.

In this unique house, Kona architect John Parazette married modern design with tropical vernacular architecture. The house is situated in one of Kona’s most desirable locations near the art village of Holualoa. The post-and-beam cedar structure takes full advantage of ocean breezes and its 1,000 ft cooler elevation. The home is sited strategically across its park-like grounds, and is hidden from the street. Oversized posts support lofty ceilings, a pattern echoed outside by rare native Hawaiian and other tropical trees. Inside, views of ocean, coastline and garden are ever present.

The 3 interconnected structures, Main House (LR/Kitchen/3BR/2BA), Cottage (LR/1BR/1BA suite) and Ohana (1BR/1BA), together with multiple lanais, total over 4,000 sq ft of indoor and covered outdoor living space. There are many cozy nooks and thoughtful built-ins.

The residence incorporates materials consistent with its tropical ethos, including solid mahogany, teak and koa cabinets; ipe hardwood floors; and fossil-inspired porcelain tile. The open kitchen is configured for cooking and entertaining, and includes an Imperial commercial range. A variety of paths, and over 500 ft of paved walkways, meander through the terraced garden. There are over 800 sq ft of covered craft and work space; two secure dry storage rooms; a wood-fired pizza/bread oven; two laundry centers; an outdoor shower; and several mosaic features (only mosaics incorporated in structures are included). There is covered parking for up to 3 vehicles, and additional parking for 3 more.

The owned photovoltaic system, 3 solar water heaters, and a car-charging station minimize fuel costs. The owners long ran a hosted vacation rental in the Ohana, no permit required, netting $30-$40,000/year.

This flexible and multi-functional residence would be perfect for those seeking space to work from home; for retirees looking for project or hosting space; or for a family, including a multi-generational one.

The Basics
Status
Contingent/Under Contract
Property Type
House
Beds
5
Baths
4
Living Area
3,162 sf
Other Sqft
Square Footage of Porch, Lanai, Deck, or other usable floor space
1,251 sf
Lot Size
0.8 acres
Days on Market
16
View
City, Coastline, Garden, Marina/Canal, Ocean, Ocean Horizon, Sunset
Unit Description
Single Family Home
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$855,300
Year Assessed
2020
Terms Acceptable
Cash, Conventional
Property Taxes
$249/mo
Exemption Amount
$180,000
Parcel #
760120060000
Amenities
Flooring
Concrete, Hardwood, Stone
Inclusions
Blinds, Dryer, Washing Machine, Disposal, Dishwasher, Gas Grill, Microwave, Refrigerator, Range/Oven
Internet
Cable, DSL, Wireless
Features
Ceilings-9'+, Built-in-Book Shelves, BBQ/Cooking Pit, Ceiling-Cathedral, Ceiling-Vaulted, Exterior Lighting, Landscaped, Office, Smoke/Heat Detector, Stained/Leaded Glass, Skylight, Track Lighting
Telephone
Cable, Cell, Land Line
TV
Satellite, Cable
Fence or Wall
Rock/Stone, Wooden, Wire
Land
Lot Number
8B
Lot Description
Dead End, Rim Lot
Land Sqft
36,111
Elevation
No data
Latitude
19.6145416
Longitude
-155.95447964
Topography
Fairly Level, Terraced
Roads
County, Paved
Zoning
RA-.5a - Residential and Agricultural District, .5 acre
Flood Zone
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 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
Driveway, Other (remarks)
Recordation
Regular
Building
Property Type
House
Beds
5
Baths
4
Year Built
1977
Waste Water
Cesspool
Water
County, Meter Installed
Power
Overhead, Solar/Photovoltaic
Design
Double Wall, Remodeled, Single Wall/Dbl Board, Split Level, Single Wall, Wood Frame
Exterior Area Total
1250 sf
Stories Number
1
Parking
Vehicle Storage
Covered, Attached, Detached
MLS Data
MLS #
643463
Listing Agent
Kristina Vaughn-Hazard RB-23095
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2020-11-12
Other
Special Assessment
No
Contact Agent

Buy through a Nalula Preferred agent for incredible service and a tremendous rebate of roughly $9,969 on the asking price of this property!