3 Beds
3 Baths
1,056 SqFt
3 Beds
3 Baths
1,056 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,056 sqft
Price per Sqft $501
Subdivision Hawaiian Paradise Park
MLS Listing ID 715404
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Originating Board Hawaii Information Service
Year Built 2002
Annual Tax Amount $3,050
Tax Year 2024
Property Description
Nestled on a lush, mature property filled with swaying palm trees, landscaped gardens, vibrant hibiscus flowers, and tropical bamboo, this idyllic setting also includes fruit-bearing papaya trees and lilikoi plants for an authentic Hawaiian experience. With two renovated and permitted homes, the opportunities abound.
Currently operating as a successful vacation rental business, this property generates a gross income of at least $6,000 per month.
The larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout offering approximately 672 square feet. The studio, a permitted 382 square-foot one-bedroom, one-bathroom retreat, was recently renovated in 2023 to include a fully updated kitchenette and bathroom crafted by Jay's Custom Cabinets. Designed for relaxation and privacy, the studio also boasts a peaceful back deck with dual freestanding bathtubs to soak away any stress.
Located on 32nd Ave., a quiet dead-end road off Makuu Drive, the property is both convenient and private. Fully fenced in, it offers a secure and tranquil atmosphere for guests or residents alike.
With high-speed internet, beautiful landscaping, and all the amenities needed for a modern tropical getaway, this property is an exceptional investment opportunity in Hawaiian Paradise Park, an area with high demand for vacation rentals due to limited hotel accommodations in Puna.
Embrace island living or seize a lucrative investment – the possibilities are endless!
Location
State HI
Community Hawaiian Paradise Park
Area 43560.0
Zoning A-1A
Region Puna
City Region Puna
Interior
Flooring HIS Resin Tile, Vinyl
Appliance Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Parking Features None
Utilities Available Cable Available, Electricity Available, Phone Available
View Y/N No
Topography Level
Garage No
Building
Lot Description Grassy
Sewer Cesspool
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional, USDA Loan, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, USDA Loan, VA Loan
Special Listing Condition Fee Simple, Standard
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