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SOLD
MLS: 661714
 
Asking Price: $598,000 Fee Simple
Sold Price: $598,000
Sold Date: 06/15/2022
Type: Residential/Residential Condo
District: Kawaihau
Street: 4949 Haleilio Rd
Beds: 2  
Living Area: 640 SF
Land Area: 4,445 SF
Parking: Other (remarks)
Amenities: Ceilings-9'+,Raised Floor
Days on Market: 711
Year Built: 1945
Easements: Driveway,Electric,Street Widening,Sewer,Telephone,Water
Zoning: R-6
Roads: County,Paved,Other (remarks)
Property Taxes: $1,314
Assessed Value: $362,500
Assessed Ratio: 164.97%
Listing Courtesy: COMPASS
Terms Acceptable: 1031 Exchange,Assumption,Cash,Conventional,PMM,Other (remarks)
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Charming Cottage in the Wailua Houselots

This charming & updated plantation-style surf cottage is nestled in the Wailua Houselots, with lovely backyard views of Nonou Mountain & a yard with fruit trees and room for a garden. The Houselots is a conveniently located Eastside neighborhood with a community park, close to Wailua Beaches & near the base of Sleeping Giant trailhead. Situated on the very south end of Kapaa, it provides easy, bikable access to shopping, restaurants & Kapaa town, and is only 15 minutes to Lihue amenities like Costco, Target & the airport.

Upgrades to the home:
-New Roof (2015)
-Completely re-plumbed and new electrical rewire (2016)
-Solid wood cabinetry throughout
-Slab granite countertops
-Ceramic tile and bamboo wood floors
-Fresh paint inside & out
-Termite Fumigation 10/2021
-Fenced and gated.

The tax records indicate 2 bedrooms, but it's a 1 bedroom with an office/den. This is a single-family residence and NOT a "guest house," (which would be limited to 500sf). There is room for expanding and adding additional living areas if needed. Plans for installation of shared septic are approved and underway, with capacity for 2 bedrooms.

The owner (developer) holds an active HI State Real Estate License and would like to lease the property back for 6-12 months. A leaseback is not mandatory but would be preferable to the seller. Developer sale subject to HRS 514B.


 
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