54-3793 AKONI PULE HWY $995,000

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    54-3793 AKONI PULE HWY KAPAAU, HI 96755

    • 9 Beds
    • 8.01 Baths
    • 2,574 sq.ft.
    • Single Family
    MLS# 626997 | Active

    $995,000

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    Days On Market: 156 0 Views
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    Property Details

    Once in a lifetime opportunity to own a historic piece of north Hawaii Island! Take the Kohala Club Hotel and make it even better with your own spin on the facility. 9 beds and 8.5 baths make this expansive property the ideal investment for both investors or retirees looking to diversify their portfolio. Facility includes three separate dwellings on 5.68 acres. The 2 story, 1 bed 1.5 bath owners residence was just completely remodeled including an expansive private deck. This property fronts the main road through Kapaau where hundreds of thousands of visitors drive past every year. *Estimated gross profit potential based on current market survey: $90.00 per night 60% occupancy rate 8 rooms(owners residence separate) $155,520 gross income Centrally located close to Historic Hawi town where you can find some of the best dining, art galleries, and coffee shops on the island. Continue driving east on Highway 270 and you'll literally come to the end of the road at the stunning Pololu Valley Overlook. One of a kind unique property! All 3 structures tented in 2017 and comes with a 3 year warranty. Orchard in the back of the lot includes lychee, mango, avocado, Lime, macnut, orange, papaya, and tangerine. Opportunities are endless, just need someone with the vision to take it and run.

    • General Features
      • Subdivision Kapaau Village
      • Location 54-3793 AKONI PULE HWY
      • Land Tenure Fee Simple
      • Interior Area Total 2,574
      • Full Bathrooms 8
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 1
      • One-Qtr Bathrooms 0
      • Pool N
      • View Forest, Garden, Mountain
      • Oceanfront Parcel N
      • Unit Description Ground Unit, Multi-Dwelling, Single Family Home, Single Level
      • Taxes Annual $4,209
    • Building Features
      • Appliances Dishwasher, Microwave, Refrigerator, Range/Oven
      • Features Exterior Lighting,High Traffic,Landscaped,Meeting Room,Office,Storage Area
      • Washer Dryer Dryer, Washer
      • Telephone Availability Cable, Cell
      • TvV Availability Cable
    • Property Features
      • Land Area 247,508
      • Topography Fairly Level, Graded, Gentle Slope, Level
      • Lot Description Land Clear, Grassy, Wooded
      • Frontage Road/Street
      • Roads County
      • Parking Description Other (remarks), Unassigned
      • Water Municipal
      • Wastewater Cesspool
      • Solid Waste Disposal Trash Other (remarks)
      • Power Overhead

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    Neighborhood

    96755 (KAPAAU) Demographics

    43Median Age
    59Population Density (per sq. mile)
    27%College Educated
    $64,091 Estimated Median Income
    679Estimated Total Home Owners
    339Estimated Total Renters
    67% / 33%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    3,404Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $925,000 Median Sales Price
    2 Homes Sold
    3 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $995,000
        6/14/2019 10:48:25 AM Price Reduced Source New Value: $995,000 -6.57%
        4/17/2019 1:48:23 PM Price Reduced Source New Value: $1,065,000 -0.37%
        3/16/2019 12:48:00 PM New in Database Source New Value: $1,069,000

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 8/20/2019 10:49:55 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

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