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SOLD
MLS: 635131
 
Asking Price: $799,000 Fee Simple
Sold Price: $759,000
Sold Date: 09/01/2020
Type: Residential
District: Puna
Street: 15-815 Paradise Ala Kai Dr
Neighborhood: Hawaiian Paradise Park
Beds: 3   Baths: 3 Full / 1 Half
Living Area: 2,366 SF
Land Area: 20,473 SF
Parking: Attached
Amenities: Built-in-Book Shelves
Days on Market: 1582
(The Price of the property was lowered by $51,000 on 03/17/2020)
Year Built: 2014
Zoning: A-1A
Roads: Private,Paved
Land Recorded: Land Court
Property Taxes: $2,950
Assessed Value: $639,700
Assessed Ratio: 124.9%
Listing Courtesy:
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Custom Ocean Front Home

Both the main house and the guest cottage are highly successful vacation rentals. Owner has the approved special Short Term Vacation Rental Permit from the County of Hawaii in hand so that this property can continue to be used as a vacation rental as permit is transferred to new owner! These permits are a valuable commodity as no new vacation rentals are allowed in the County, only existing properties that have applied for & met special use permit requirements. So come and relax and enjoy beautiful unobstructed Pacific Ocean views from one of the few ocean front homes currently available in Hawaiian Paradise Park. Situated on almost half an acre, this property gives owners many options with 2 bedrooms and 2 bathrooms in the approximately 1700 sq.ft. main house and separate private guest cottage with one full bath and half bath and kitchenette. Owners can live in one and rent the other or perhaps choose to continue the successful short-term vacation rental program this property boasts. The main house features quality finishes throughout, including lovely tiled flooring in main living area, solid Brazilian Cherry flooring on stairs and in upper level, custom lime stone tiled bathrooms, slab granite counter tops including bathroom vanities, solid wood interior doors and much more. With access to the two large tiled lanais on both levels, one can take in the expansive views while relaxing with warm ocean breezes and the sound of the waves from every room of the house. The guest cottage is also very well appointed with fine finishes throughout and two tiled lanais as well. Both homes are completed with their own private attached garages and full washer and dryer. Quality construction includes a fully owned Photo Voltaic system and water well. This wonderful property is offered with some furnishings, linens and kitchenware per inventory list.


 
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