$2,995,000 Price Analysis    ♡   Kailua Kona, HI 96740 11 bed 12 bath 3,930 SqFt ($762/SqFt) 4,348SqFt lot. Built 1978 Listed 2024-05-07, Taxes $7,909 | May be USDA loan restricted due to income limits near Puuanahulu |
This rare offering includes three contiguous properties located on the mauka side of Alii Drive a short walk from iconic Kahaluu Beach and surf break.
The properties are all favorably zoned V-1.25: Resort-Hotel District whereby Short Term Vacation Rentals are permissible:- (1) TMK#3-7-8-14-10 is 4, 348 sqft in area and fronts Alii Drive. Located on this parcel is Kahaluu Apartments a two story apartment building comprised of 4 units. Each unit has a generous sized living area of 600sqft containing 2 bedrooms/1.5 bathrooms together with exterior covered west facing lanais.
Ocean ocean views can be enjoyed from the two upper units. (2) TMK#3-7-8-14-9 is 10, 125 sqft in area and has Alii Drive frontage. On this parcel is a 3 bedrom 3 bath house set well back from Alii Drive. (3) TMK#3-7-8-14-20 is 4, 648 sqft in area and has easement access from Alii Drive. This parcel is a vacant lot. This offering offers serious consideration for residents, investors and developers alike. Property to be sold as one Estate and not individually. Video of Kahaluu Apartments: Video of the Residential Property:
Presented by Sue Brown at
Sue Brown Realty and Associates.
Property MLS #709340 from HawaiiInformation
Full Bathrooms: 6
1/2 Bathrooms: 4
3/4 Bathrooms: 2
Frontage Type: Almost Oceanfront, Road/Street
Road Frontage Type: Paved, Street Lights, County
Lot Size Acres: 0.0998163
Topography: Gentle Slope
Lot Size Square Feet: 4348
Security Features: Key
Source Listing Status: Active
Source Property Type: Multi-Family
Area: North Kona
Source Neighborhood: KAHALUU BEACH LOTS
Subdivision: KAHALUU BEACH LOTS
Zoning: V-1.25
Property Subtype: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $267,700 + $408,300 $676,000 | $7,909 |
| 2021 | $130,600 + $355,600 $486,200 | $5,688 |
| 2020 | $77,400 + $328,800 $406,200 | $4,691 |
| 2019 | $77,400 + $310,200 $387,600 | $4,476 |
| 2018 | $77,400 + $310,200 $387,600 | $4,476 |
| 2017 | $75,900 + $295,400 $371,300 | $4,288 |
| 2016 | $73,000 + $287,000 $360,000 | $3,906 |
| 2015 | $69,600 + $288,300 $357,900 | $3,883 |
| 2014 | $73,000 + $288,300 $361,300 | $3,920 |
| 2013 | $72,200 + $139,100 $211,300 | $2,292 |
| 2012 | $72,200 + $139,100 $211,300 | $2,081 |
| 2010 | $75,500 + $139,100 $214,600 | $2,177 |
| 2009 | $82,000 + $139,100 $221,100 | $1,989 |
| 2008 | $82,000 + $139,100 $221,100 | $1,989 |
| 2007 | $76,900 + $126,100 $203,000 | $1,827 |
Year Built: 1978
Building Exterior Type: Hollow Tile, Single Wall, Wood Frame
Property Age: 46
Phone Access: Cell, Cable, Land Line
Power: Overhead
TV Access: Cable
Water Source: County, Meter Installed
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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.