95-6040 MAMALAHOA HWY $1,825,000

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    95-6040 MAMALAHOA HWY NAALEHU, HI 96772

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    $1,825,000

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    • 31 Beds
    • 19.02 Baths
    • 8,063 sq.ft.
    • Single Family
    • MLS# 631821
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    Views: 5 Days On Market: 134

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    Property Details

    This is A GOLDEN opportunity for a savvy investor/developer to make a successful business in this sweet and sleepy town with (the bulk sale) of over 10 acres (4 separate parcels); a hotel, a motel, a home, multiple storage buildings, commercial zoning and vacant land. Just needs TLC! Former Shirakawa Hotel/Motel and Ka'u Ice House and Fishing Supply on nearly 6 acres of commercially zoned property. Naalehu is clearly on the Path of Growth! This is a Very Unique Offering in a location where there isn't another hotel for an hour's drive north or 30 min south. HOME: Built in 1997, the 3599 sqft home is 6BR/4BA and features a wheelchair ramp access, huge 630 sqft studio, created for a Hula Halau, and a separate storage outbuilding. HOTEL: Built in the 20's and showing in the County/Tax records as being built in 1938, the hotel is 8BR/1.5BA upstairs and 4BR/2BA downstairs MOTEL: Built in 1963 & 1971 to accommodate more guests, as this was the only hotel between Captain Cook and Volcano, it is 4BR/4BA and 8BR/8BA. RETAIL: Built in 1981 and in business as The Ka'u Ice House and Fishing Supply Store for many years. This commercially zoned retail building features a walk-in freezer room and is in a prime location, with highway frontage and plenty parking. WAREHOUSE: 2400 sqft steel construction built in 1989 Also available is MLS 631819: 3 vacant contiguous parcels comprising 4.5 acres with rich soil and separate water meter. Previously farmed in coffee and macadamia, it is currently a fairly blank slate. There are many mature avocado trees of different varieties offering avos year-round, many stands of bananas including Ice Cream, Williams and Apple. Other fruit trees include breadfruit, orange, tangerine and lychee. The land and location is also ideal for a horse-based business. BULK SALE LISTING OF ENTIRE PROPERTY: See MLS 621646

    • General Features
      • Subdivision Waiohinu Town Lots
      • Location 95-6040 MAMALAHOA HWY
      • Land Tenure Fee Simple
      • Interior Area Total 8,063
      • Full Bathrooms 19
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 2
      • One-Qtr Bathrooms 0
      • Security Key
      • Pool N
      • View Forest, Mountain, Ocean, Sunrise
      • Oceanfront Parcel N
      • Unit Description Multi-Story, Single Family Home, Single Level
      • Taxes Annual $11,097
    • Building Features
      • Floor Covering Carpet, Ceramic Tile
      • Appliances Dishwasher, Refrigerator, Range/Oven, None
      • Features Ceilings-9'+,ADA Accessible,High Traffic,Storage Area,Freezer Room
      • Washer Dryer None, Washer
    • Property Features
      • Land Area 251,559
      • Topography Fairly Level
      • Lot Description Land Corner, Grassy, Rim Lot, Other (remarks)
      • Frontage Road/Street
      • Roads Major Thoroughfare, Paved, State
      • Parking Description Other (remarks), Unassigned
      • Fence Wall Rock/Stone
      • Water Municipal
      • Wastewater Cesspool
      • Solid Waste Disposal Trash Other (remarks)
      • Power Overhead

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    Neighborhood

    96772 (NAALEHU) Demographics

    47 Median Age
    8 Population Density (per sq. mile)
    29% College Educated
    $41,856 Estimated Median Income
    609 Estimated Total Home Owners
    191 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    2,471 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $291,500 Median Sales Price
    6 Homes Sold
    6 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,825,000
        9/16/2019 1:49:00 PM New in Database Source

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 1/29/2020 9:52:55 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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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100