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SOLD
MLS: 665676
 
Asking Price: $650,000 Fee Simple
Sold Price: $640,000
Sold Date: 03/09/2023
Type: Residential
District: South Kona
Street: 87-3212 Huna Kai Rd
Neighborhood: Kona Paradise
Monthly Association Fee: $37
Beds: 0   Land Area: 15,619 SF
Days on Market: 572
Easements: Beach Access
Zoning: A-5A
Roads: Private,Paved
Property Taxes: $1,603
Assessed Value: $144,500
Assessed Ratio: 449.83%
Listing Courtesy: eXp Realty
Terms Acceptable: 1031 Exchange,Cash,Construction Loan,Conventional,PMM
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Unfinished 3 bedroom 3 bath luxury home

Seller has owner builder permit and is getting a new updated permit to transfer to new buyer. Seller has filed for an exemption from the contractors licensing board for an exception to sell because of illness in the family and he can't travel to Kona anymore to finish the house. Seller has received from the licensing board that he can proceed to sell legally. Plans are at the house , scaffolding is up to finish. Bring your finish tools or have a licensed contractor take over. Estimated cost to finish this 3 bedroom 3 bath with laundry room upstairs with extra room downstairs for a work out room, guest room or game room is between $200,000 to $250,000. Make this home the way you want it with the existing foot print that is there. Finished value is estimated at about $1,000,000 or more depending on how you finish it. Unblockable views over looking 75 acres of vacant land next door. The South Park consisting of 3 acres is below. No power lines in front and super private. This can be a great opportunity for the right person that has a vision and some money. 2 new steel water catchment tanks lined and covered under the house. Steel construction with concrete blocks. No termites. Great layout with primary suite on the north side and 2 bedrooms and a bath on the south side. A big game room/workout or guest room and bath/ next to the over sized garage. Such a cool vision that needs to be finished.. Cash or creative financing only. All plans and permits will transfer to new owner at closing.


 
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