Hawaii Living

15-2056 32ND AVE (Puna)

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15-2056 32ND AVE , Keaau
Inquire / Showing / Video Tour
Description
Aloha and Welcome to this rare opportunity in Hawaiian Paradise Park, complete with an active, transferable Short-Term Vacation Rental (STVR) license!

Nestled on a lush, mature property filled with swaying palm trees, landscaped gardens, vibrant hibiscus flowers, and tropical bamboo, this idyllic setting also includes fruit-bearing papaya trees and lilikoi plants for an authentic Hawaiian experience. With two renovated and permitted homes, the opportunities abound.

Currently operating as a successful vacation rental business, this property generates a gross income of at least $6,000 per month.

The larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout offering approximately 672 square feet. The studio, a permitted 382 square-foot one-bedroom, one-bathroom retreat, was recently renovated in 2023 to include a fully updated kitchenette and bathroom crafted by Jay’s Custom Cabinets. Designed for relaxation and privacy, the studio also boasts a peaceful back deck with dual freestanding bathtubs to soak away any stress.

Located on 32nd Ave., a quiet dead-end road off Makuu Drive, the property is both convenient and private. Fully fenced in, it offers a secure and tranquil atmosphere for guests or residents alike.

With high-speed internet, beautiful landscaping, and all the amenities needed for a modern tropical getaway, this property is an exceptional investment opportunity in Hawaiian Paradise Park, an area with high demand for vacation rentals due to limited hotel accommodations in Puna.

Embrace island living or seize a lucrative investment – the possibilities are endless!
Recent Activity
  • Dec 17, 2024 Under Contract
  • Oct 30, 2024 Listed at $550,000
  • Oct 30, 2023 Under Contract
  • Jul 27, 2018 Sold for $170,000
  • Apr 06, 2018 Under Contract
  • Apr 03, 2018 Listed at $175,000
More Details
  • Price / ft²: $521
  • Zoning: A-1A
  • Amenities: Dryer, Microwave, Range, Refrigerator, Washer
  • TMK: 3150151250000
  • Tax Assessed Value: $326,300
  • Courtesy: Big Island Homes & Land Co., Ltd.
  • MLS: 715404
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 26, 2024.
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92-8280 KOA LN
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16-1620 37TH AVE
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11-2775 LEHUA ST
4 Bds | 3 Ba
1,247 ft²
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$549,999
11-2769 LEHUA ST
4 Bds | 3 Ba
1,247 ft²
Description
Aloha and Welcome to this rare opportunity in Hawaiian Paradise Park, complete with an active, transferable Short-Term Vacation Rental (STVR) license!

Nestled on a lush, mature property filled with swaying palm trees, landscaped gardens, vibrant hibiscus flowers, and tropical bamboo, this idyllic setting also includes fruit-bearing papaya trees and lilikoi plants for an authentic Hawaiian experience. With two renovated and permitted homes, the opportunities abound.

Currently operating as a successful vacation rental business, this property generates a gross income of at least $6,000 per month.

The larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout offering approximately 672 square feet. The studio, a permitted 382 square-foot one-bedroom, one-bathroom retreat, was recently renovated in 2023 to include a fully updated kitchenette and bathroom crafted by Jay’s Custom Cabinets. Designed for relaxation and privacy, the studio also boasts a peaceful back deck with dual freestanding bathtubs to soak away any stress.

Located on 32nd Ave., a quiet dead-end road off Makuu Drive, the property is both convenient and private. Fully fenced in, it offers a secure and tranquil atmosphere for guests or residents alike.

With high-speed internet, beautiful landscaping, and all the amenities needed for a modern tropical getaway, this property is an exceptional investment opportunity in Hawaiian Paradise Park, an area with high demand for vacation rentals due to limited hotel accommodations in Puna.

Embrace island living or seize a lucrative investment – the possibilities are endless!
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 26, 2024.
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$550,000
92-8280 KOA LN
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$550,000
16-1620 37TH AVE
3 Bds | 3 Ba
1,352 ft²
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$549,999
11-2775 LEHUA ST
4 Bds | 3 Ba
1,247 ft²
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$549,999
11-2769 LEHUA ST
4 Bds | 3 Ba
1,247 ft²
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.