$1,300,000
$1,395,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
9 Baths
6,395 SqFt
SOLD DATE : 05/31/2024
Key Details
Sold Price $1,300,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 6,395 sqft
Price per Sqft $203
Subdivision Ponohawai Homesteads
MLS Listing ID 707136
Sold Date 05/31/24
Bedrooms 7
Full Baths 8
Half Baths 1
HOA Y/N No
Originating Board Hawaii Information Service
Year Built 1969
Annual Tax Amount $12,203
Tax Year 2023
Property Sub-Type Single Family Residence
Property Description
An extraordinary property offering a myriad of opportunities on Hawaii Island! This versatile estate is a haven for those seeking a multi-functional/generational living space, with potential for multiple rentals, an owner's residence & expansive workshop facilities.
At the pinnacle of the property, the main 3-bedroom, 1.5-bath home w/ comfortable spacious living.
As you descend the property, you encounter a wealth of rental opportunities. A permitted ohana that includes a 1-bedroom, 2-bath front unit, with living room, remodeled kitchen, a flex and laundry rooms. The middle of the ohana has 1-bedroom, 1-bath, a kitchenette connected to a large studio, 1 bath, full-size washer/dryer & a large open lanai. All this can be one home or multiple rental opportunities. 3 attached, carport spaces make parking accessible.
Showcasing the diversity & income potential of this unique property also includes another 'in-process' remodeled 2- bed., 2-bath apartment attached to the ohana presents a fifth living option,
The pièce de résistance is an expansive 3-bay workshop garage; for car enthusiasts & craftsmen alike. This high-ceilinged space comes complete w/ storage & feed rooms, as well as equipment for working on cars.
The landscape has various fruit-bearing & mac nut trees. This property offers a home
& agricultural haven. Marvel at ocean views on the Hilo coastline. The location, close to Kaumana Elementary School & Saddle Road, ensures easy access to Kona & Hilo Towns.
Embrace sustainability w/ a new 10KW photovoltaic system, boasting 40x270w panels, 39KW of total inverter output & a substantial 2240ah (108 KWh) battery bank. This eco-friendly setup powers all apartments, the ohana, & the workshop, making it not only versatile but also environmentally conscious. PV is robust enough to charge an EV.
Don't miss the chance to explore this multi-purpose property that seamlessly blends functionality, comfort & income potential.
Location
State HI
Community Ponohawai Homesteads
Area 121968.0
Zoning A-3A
Region South Hilo
City Region South Hilo
Interior
Hot Water Electric, Tankless
Heating None
Cooling None
Flooring Ceramic Tile, Vinyl
Appliance Dishwasher, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
Exterior
Parking Features Attached, Covered
Garage Spaces 6.0
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Y/N Yes
View Ocean, Ocean Horizon
Topography Fairly Level,Gentle Slope
Garage Yes
Building
Lot Description Cleared
Entry Level One
Sewer Cesspool
Others
Ownership Full
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fee Simple, Standard
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