Listing Image
MLS: 703694
 
Asking Price: $1,950,000 Fee Simple
Type: Residential/Residential Condo
District: South Kohala
Street: 69-1967 Puako Beach Dr
Neighborhood: Puako Beach Lots
Beds: 2   Baths: 3
Living Area: 1,404 SF
Land Area: 5,749 SF
Amenities: Exterior Lighting,Inventory,Landscaped,Sprinkler System-Lawn,Skylight
Days on Market: 207
(The Price of the property was lowered by $245,000 on 01/11/2024)
Year Built: 1959
Zoning: RS-10
Roads: County
Land Recorded: Regular
Property Taxes: $12,597
Assessed Value: $1,134,900
Assessed Ratio: 171.82%
Listing Courtesy: Corcoran Pacific Properties
Terms Acceptable: 1031 Exchange,Cash,Conventional

PUAKO BEACH COTTAGE! LEGAL STVR! TREETOP VIEWS OF SPARKLING BLUE OCEAN!

This sweet Beach Cottage could be your perfect retreat & is one of the rare legal vacation rental properties in PUAKO; conceivably Hawaii's most picturesque & quaint beach communities on the famous Gold Coast coveted for its pristine coastline teeming with sea life, Honu-turtle, whale watching, ocean sports, star-gazing & an unbelievably secluded feeling with the added benefit of easy access to resort amenities & sandy beaches!

Be mesmerized by sparkling blue ocean views from the private, shady & oversized covered lanai of this 2 bedroom, 3 bath hideaway. The grand-fathered Short Term Vacation Rental (STVR) has an ideal location just steps across the street to the ocean & Paniau Beach Park, (famous for surfing, snorkeling & diving). It is only 15 minutes by foot on the ancient Ala Kahakai Trail to the Fairmont Orchid with World Class amenities, dining, golf, spas or shopping. Here is a paradise found for ocean adventures, access to the adjacent luxury resorts, captivating sunsets, or simply a peaceful retreat in a sleepy island community with a virtually undiscovered vibe!

Cherished for many decades by the current owner, the next steward can now experience the Magic of Bamboo Beach Cottage!

•Premium value as grand-fathered STVR
•Certified & transferable due to Sellers arduous process to secure a Non-Conforming Use Certificate
•An active STVR in a proven desirable destination
•Buyer to honor STVR reservations, (not being accepted beyond 90 days)
•Outdoor shower
•Skylights, etched glass shower doors, terra cotta tile
•Pass-thru window from kitchen to lanai
•Bordered by undeveloped public land, (tax free buffer)
•5,749 SF land is Unit A of a 2-Unit CPR
•NO high resort fees, NO Community HOA, (just CPR)
•NO thru-traffic on Puako Beach Drive
•Community Boat Ramp
•Furnishings available w/acceptable offer
•Puako is just a stone’s throw away from Hapuna Beach, Wailea Bay & Mauna Kea Hotel

Dream no longer...


 
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