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$1,160,000   Price Analysis
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76-6188 Pakalana Rd
Kailua Kona, HI 96740
4 bed 5 bath 2,379 SqFt ($487/SqFt)
0.33 acre lot. Built 2000
Listed 2024-03-25
USDA Eligible
near Mahaiula, HI
 Restrictions may apply
due to home size

One-of-a-kind opportunity for cash/1031 investor seeking immediate rental income

* Has Contingent Offer *

With excellent potential for future repurposing to use as an extended family compound, perhaps or some kind of communal living facility? Conveniently located in an established neighborhood away from traffic, above Alii Drive, between Kailua Village and the Keauhou resort area. Within a few blocks of the ocean and surfing at Banyans and steps from a wonderful community park and playground. The roomy main living area with its own deck includes a full kitchen, study and bathroom with tub shower. There are 4 additional bedroom suites, each with a separate entrance, private deck, loft, bar sink and bathroom with shower stall. All 5 rooms are accessed from a covered walkway with a laundry room, a storage room and stairs at each end. Open parking for several cars - plus 3 garage stalls under the house and extensive covered storage.

This home (47PA6188Left, $1.16M, MLS 708924) is one of two spcious homes on separate, side-by- side, 14, 300+ sq. ft. lots. Adjacent similar home (48PB6184Right, $1.24M, MLS 708941) is slightly larger and has higher ceilings. Until 4/24/24 these homes are offered to all cash buyers willing to purchase both homes simultaneously, total listed price $2, 400, 000. NOT YET AVAILABLE SEPARATELY. Interior photos are from before tenants moved in, to show the LAYOUT ONLY. The existing tenants would like to stay and Sellers prefer not to make them vacate prior to closing. No trespassing, exterior showings by appointment only. This information herein, while deemed reliable, may contain inaccuracies and is provided without warranty or guaranty of any kind. Prospective purchasers are strongly urged to independently verify all information they deem material or important to their decision to purchase or offer price. Areas of improvements described are based on an interpretation of real property tax info.


Presented by Brian McCourt, RB-15339 at
McCourt Realty, Ltd.
Listing Agent Photo

Property MLS #708924 from HawaiiInformation

Bedrooms: 4

Total Bathrooms: 5.0
Full Bathrooms: 5

Dishwasher
Refrigerator
Range/Oven
Range Hood
Laundry Features: Dryer, Washer

Flooring: Carpet, Ceramic Tile, Vinyl
Window Features: Blinds

Community Laundry
Ceiling-Vaulted
Exterior Lighting
Smoke/Heat Detector
Bar-Wet
Fencing: Wooden, Wire
Frontage Type: Road/Street
Road Frontage Type: Paved, County

Lot Description: Rocky, Inside
Lot Size Acres: 0.3285583
Topography: Fairly Level
Lot Size Square Feet: 14312

Parking Features: Covered, Attached, Detached

View: Ocean, Sunrise, Sunset

School District: Kahakai, Konawaena

Kahakai Elementary School is a public elementary school located approximately 0.1 miles away.
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Konawaena High School is a public high school located approximately 8.1 miles away.
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Konawaena Middle School is a public middle school located approximately 8.1 miles away.
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Kuleana Education is a private elementary and middle school located approximately 1 miles away.
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Annual Tax Amount: 11305.00
Source Listing Status: Contingent
Source Property Type: Single Family
Area: North Kona
Source Neighborhood: ALII KAI SUBDIVISION
Subdivision: ALII KAI SUBDIVISION
Zoning: RS-7.5
Property Subtype: Residential
Lot Number: 139
Source System Name: C2C

Listed 2024-03-25
$1,160,000
HawaiiInformation

Total Square Feet Living: 2379
Year Built: 2000
Building Exterior Type: Double Wall, Wood Frame
Property Age: 24

Sewer: Septic
Phone Access: Cell
Power: Overhead
Water Source: County
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.