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SOLD
MLS: 620204 (Foreclosure)
 
Asking Price: $309,900 Fee Simple
Sold Price: $310,900
Sold Date: 09/10/2018
Type: Residential
District: South Kona
Street: 88-1595 Ulua Dr
Neighborhood: Papa Bay Estate
Beds: 4   Baths: 4
Living Area: 2,541 SF
Style: Ohana/ADU - Permitted
Land Area: 3.69 Acres
Parking: Covered,Attached,Other (remarks)
Amenities: Ceilings-9\'+,Skylight
Days on Market: 2093
Year Built: 1981
Zoning: A-5A
Roads: Paved
Land Recorded: Regular
Property Taxes: $3,955
Assessed Value: $423,000
Assessed Ratio: 73.26%
Listing Courtesy: Island Home Realty, Inc.
Terms Acceptable: Cash,Other (remarks)
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Papa Bay Fixer

Look no further....South Kona value you\'ve been waiting for. A fixer upper for the handyman ready to take on a unique project. FEE SIMPLE 3b/3b in the main house with a 1b/1b ohana cottage, perfect living space while you work and live on the property. Leave the city life and the vog behind as you travel south from Kailua-Kona along the historic South Kona coast, with roasting coffee fragrant farms and cool gentle breezes. This fully fenced 3.7-acre property in Papa Bay Estates, enclosed with historic stone walls and a stand of old-growth forest with native koa and ohia trees is surrounded by State land on a dead end street. Lots of tranquility and privacy as it is the only house on this street.

The 2 story cedar house has plenty of character: stone, stained glass, a wood burning fireplace, and bamboo flooring in the great room. A wrap-around lanai on the main floor and a large deck off the master bedroom provide over 600 sq ft of outdoor living to enjoy with coastline views between the tall trees and overgrown backyard. New shingle roof on the main house. Acreage just waiting for your new crops and animals.

Originally grown but in desperate need of attention were a dozen varieties of mature trees include grapefruit, Meyer lemon, papaya, mango, avocado, banana, coconut and coffee, if you can find it within the overgrown lot. 2 car garage attached to the main house.

Popular Milolii Beach is a short drive away, and Papa Bay. One of South Kona’s finest subdivisions consists of 48 three acres Fee Simple parcels of beautiful Ohia trees and other tropical growth, county streets, overhead electricity and telephone. The water systems are catchment. Each lot has deeded access to the oceanfront along a gated four wheel drive only road. SOLD AS IS. Cash or rehab loan.


 
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