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Leiola Augustine

I see real estate as a medium that rewards those who blend honest, hard work and creativity. It's a combination of providing clients with creative ...

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78-6797 MAMALAHOA HIGHWAY

78-6797 MAMALAHOA HIGHWAY, HOLUALOA, HI 96725

Immediate income from 6 rentals in 5,478 square feet of living space plus a 1/2 acre home build site with ocean and sunset views in the highly desirable neighborhood of Holualoa this property appeals to investors and those seeking multigenerational living.

A former Kona Coffee farm and current avocado farm consisting of 2.26 acres, this multifaceted property with 3 legal kitchens provides the opportunity to simultaneously earn rental income, farm its fertile soil and build another home. Once operated as a school, then later as an elder care home with a total of 6 bedrooms on the lower level this property offers flexibility for many uses.

Extensively renovated, this rare offering is 15 minutes to downtown, Kona Hospital and less than 1/4 mile to the dog park making it a great location for Kona residents, traveling nurses and dog lovers.

Renovations:
New roofing
New Flooring
Plumbing upgrades
Electrical upgrades
LED lighting
New appliances, cabinetry, countertops
Exterior and interior paint
Onsite laundry and storage
Landscaping
Extensive ground work making the whole property walkable/mowable
11 parking spots + space to add 5 more

Main Home
1. 3/1 vaulted ceilings, large kitchen/ living, ocean views and 2+ parking
2. 1/2 with the option to turn it back into a 2 bedroom. Lanai, private laundry, private storage, 2 parking
3. 2/1 and 2 parking
4. Studio, lanai, 1 parking *current renovation
5. Studio, lanai, 1 parking *interior not renovated

Separate Cottage
6. 1/1 private lanai, ocean views, 2 car parking

The 1/2+ acre build site sits on a private, upper end of the property with a driveway roughed in and offers ocean views.

Hand selected, delicious avocado varieties, citrus, mango, cherimoya, lychee, banana, ulu, loquat, taro and turmeric.

Two electric meters, no CC&R's.

Sold as is

Features & Amenities

Interior

Total Bedrooms 9
Total Bathrooms 7
Full Bathrooms 7
Flooring Laminate
Appliances Range, Oven, Refrigerator, Dryer, Washer
Other Interior Features Laminate

Exterior

Utilities Cable Available
Lot Features Sloped

Area & Lot

Status For Sale
LIVING SPACE 4,878 Sq.Ft.
LOT SIZE 2.26 Acres
MLS® ID 708877
Type Residential
Year Built 2011
View Description Ocean

Financial

SALES PRICE $2,500,000
REAL ESTATE TAXES $5,818/yr
Zoning A-5A
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Work With Leiola

If you are looking for a broker who thinks like an investor is a proud Hawaii homeowner and looks forward to opportunities to serve my community I’d love to work with you!

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