Opportunity, Opportunity, Opportunity! Beautiful One-of-a-Kind Property with so many possibilities on 5.53 acres with breath taking ocean views. This home was built with tropical living in mind, with a lanai that wraps around most of the 2nd story and equal lanai space on the main floor. Living area alone is 3,537-sf PLUS a 3,584-sf warehouse with 4 garage doors offering endless uses....mega storage, workshop. And to add to its value, this property is Zoned RS-10. There are a total of FIVE (5)-master bedrooms and 2-1/2 baths, including 2 master bedrooms and a large family/recreational room upstairs with a spacious lanai to take in the ocean views! A spacious chef’s delight kitchen with custom African mahogany and eucalyptus cabinets, corian counter tops, 2 dish washers, cook top and microwave/oven combination. This kitchen, dining and living space are perfect for those who love to entertain large parties or intimate gatherings. A PhotoVoltaic system with 132 panels (X 280 watts)=36,980 watts utilizing state of the art technology system and has a 20-yr PhotoVoltaic FIT metering (transferable) contract with HELCO at approximately $1,000./mo income from 1/1/13 to 12/31/2032. 75 additional PV panels for house use on NET metering, making your electric bill minimal. In total:$500,000 + owner investment in state of the art PV systems. There is also a 3rd backup PV system that provides for uninterrupted service in case of power failure. The property also has 6 enclosed
Sold 11/29/18 at $1,250,000 (List Price: $1,279,000)
Description
Opportunity, Opportunity, Opportunity! Beautiful One-of-a-Kind Property with so many possibilities on 5.53 acres with breath taking ocean views. This home was built with tropical living in mind, with a lanai that wraps around most of the 2nd story and equal lanai space on the main floor. Living area alone is 3,537-sf PLUS a 3,584-sf warehouse with 4 garage doors offering endless uses....mega storage, workshop. And to add to its value, this property is Zoned RS-10. There are a total of FIVE (5)-master bedrooms and 2-1/2 baths, including 2 master bedrooms and a large family/recreational room upstairs with a spacious lanai to take in the ocean views! A spacious chef’s delight kitchen with custom African mahogany and eucalyptus cabinets, corian counter tops, 2 dish washers, cook top and microwave/oven combination. This kitchen, dining and living space are perfect for those who love to entertain large parties or intimate gatherings. A PhotoVoltaic system with 132 panels (X 280 watts)=36,980 watts utilizing state of the art technology system and has a 20-yr PhotoVoltaic FIT metering (transferable) contract with HELCO at approximately $1,000./mo income from 1/1/13 to 12/31/2032. 75 additional PV panels for house use on NET metering, making your electric bill minimal. In total:$500,000 + owner investment in state of the art PV systems. There is also a 3rd backup PV system that provides for uninterrupted service in case of power failure. The property also has 6 enclosed
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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
