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MLS: 665999
Asking Price: $119,900 Fee Simple
Sold Price: $110,000
Sold Date: 01/17/2023
Type: Land
District: Kau
Street: 92-8928 Catamaran Lane
Neighborhood: Hove
Style: Vacant
Land Area: 1 Acres
Days on Market: 345
(The Price of the property was lowered by $29,100 on 11/19/2022)
Zoning: A-1A
Roads: Paved
Property Taxes: $200
Assessed Value: $10,000
Assessed Ratio: 1199%
Listing Courtesy: KW Big Island
Terms Acceptable: Cash,Construction Loan
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92-8928 Catamaran Ln Ocean View, HI 96737

Enjoy your morning coffee, birds chirping, spectacular sunrise and ocean views while sitting on your private lanai, is part of what makes this property extra special. This one acre parcel contains a rustic cabin that sits back from the roadway with open beam ceilings and laminate vinyl waterproof flooring.The kitchen has an attractive mango counter top, five burner gas cooktop, propane space heater and stainless steel farm sink. The bathroom has faux marble countertops, toilet and Paloma tankless on demand water heater serves outdoor shower. Cabin is a year old, completely furnished and move in ready. Home has been plumbed for water and also wired for lights and outlets ready for your finishing touches. Motion-sensor solar lights have been installed inside and out. Off-grid with solar system and a backup generator for power.

There is an additional glamping area with wood platform and a large 16' tent, an outdoor bath, it's own cesspool, power and water. The new 7,500 gallon water tank services both the glamping area and the main cabin. There is another level clearing for an additional building or garage or perhaps a permitted home. Property has been beautifully landscaped with various potted plants, herbs and fruit trees. See addenda for complete list. Ohia trees provide excellent privacy.

Power is available at the road and can be hooked up when a permit is pulled. SSPP fees are $1,279. The nonconforming cabin and both cesspools were built to code. Property is staked and pins visible. Property was recently appraised for $140,000, Seller listed well below appraised value for quick sale.

Membership in HOVE Road Maintenance Association is mandatory. Fee is currently $150 per year. Hawaiian Ocean View Estates is a growing community with grocery stores, gas stations, hardware store, post office, restaurants, farmers market, and other local shops.

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