Price just reduced; now priced over $250k less than any other home on the water in Puako!! Black sandy beachfront location for this two unit property is ideal for future development or current use as small residence or hosted vacation rental. Oceanfront house consists of 2 bedrooms, 1 bath cottage, renovated with new floors, counters, appliances, paint and fixtures in 2014. Second permitted structure has 1 bedroom, 1 bathroom and 2-car carport. Both currently on month to month rentals, generating over $50k per year. The perfect palette to embellish or build new, with large monkeypod, plumeria and mango trees gracing the property. Legal seawall. Certified Shoreline survey done in 2013. Great location, with no public access on either side.
Sold 7/24/20 at $2,350,000 (List Price: $2,595,000)
Description
Price just reduced; now priced over $250k less than any other home on the water in Puako!! Black sandy beachfront location for this two unit property is ideal for future development or current use as small residence or hosted vacation rental. Oceanfront house consists of 2 bedrooms, 1 bath cottage, renovated with new floors, counters, appliances, paint and fixtures in 2014. Second permitted structure has 1 bedroom, 1 bathroom and 2-car carport. Both currently on month to month rentals, generating over $50k per year. The perfect palette to embellish or build new, with large monkeypod, plumeria and mango trees gracing the property. Legal seawall. Certified Shoreline survey done in 2013. Great location, with no public access on either side.
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.
