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SOLD
MLS: 602896
 
Asking Price: $489,950 Fee Simple
Sold Price: $489,950
Sold Date: 05/26/2017
Type: Multi-Family
District: Puna
Street: 14-5032 Kumukahi Rd
Neighborhood: Kapoho Beach Lots
Monthly Association Fee: $875
Beds: 10   Baths: 6
Living Area: 4,928 SF
Style: 4+ Units
Land Area: 14,717 SF
Parking: 3 Car Or More,Covered
Days on Market: 2660
(The Price of the property was lowered by $59,050 on 04/15/2017)
Year Built: 1985
Zoning: RS-10
Roads: Paved
Land Recorded: Regular
Property Taxes: $2,650
Assessed Value: $485,200
Assessed Ratio: 100.98%
Listing Courtesy:
Terms Acceptable: Cash,Other (remarks)
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Vacation Rentals or long term -4 units (2 buildings) in Kapoho Beach Lots

UNBELIEVABLE VALUE FOR THIS 4 UNIT PROPERTY!

Gated Kapoho Beach Lots community with ocean views within walking distance of the Champagne Pond where the hot water bubbles up from the volcanic magma to meet the cool ocean tide, creating a soothing salt-water swimming pool. Ocean views from 2 of the 4 units; wave sounds and fresh trade wind air to all four units. The property consists of two 2-story homes connected by a covered deck and lower level lanai. The homes are currently used as four units consisting of (2) 3BD/1BA downstairs homes and (2) 2BD/ 2BA bath homes upstairs, for a total of 10 bedrooms and 6 bathrooms, 4 with shower/tub, 2 with shower. Each unit has a clothes washer hookup. Front and rear lanais upstairs provide an additional 1260 sq. ft. of covered outdoor living space. There are two exterior staircases and two interior staircases for extended families wishing to connect 2 units that can accommodate 10 or more. The homes also feature large, open floor plans, lots of window space, large kitchens with lots of storage, circular driveway with plenty of parking, lawn and garden space, tall coconut palms, apple bananas, mango trees, pineapple, chili. Quiet location, ocean view, outdoor shower, walk-in closets, county water, solar hot water heaters, privacy. Kapoho Beach Lots is a special community known the world over for its beauty, tranquility and comforting waters. These homes are lucky enough to be built on this the precious natural environment. Safely snorkel and swim any day with the turtles and 1000s of tropical fish. Seller is a California licensed real estate broker. Hard money loan available with strong down payment.


 
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