Hawaii Living

73-1082 MAHILANI DR (Kona)

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73-1082 MAHILANI DR , Kona
Inquire / Showing / Video Tour
Description
Dream Custom Home in Hawaii: Unique Investment Opportunity

Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process.

Major demolition, permitting, foundation work, and half of the framing are already complete. You can choose your favorite final finishes without the hassle of removing existing ones. The current owner/contractor is available to advise on the next steps and share contacts with reputable subcontractors.

Currently livable, this 2,128 sqft, 3-bed, 3.5-bath home can be finished in phases. Designed for unobstructed ocean views from the living room, all bedrooms, and a rooftop deck engineered to support a hot tub, this home offers stunning sunsets every night.

Features include an outdoor shower, a fishpond with a waterfall, and custom kitchen cabinets made of quarter-sawn white oak and teak. The master bedroom includes an all-teak accent wall, floating vanities with LED lighting, and a shower with a 16” rain head. Wide plank European oak floors add a touch of elegance.

The property boasts old-growth palms, coconuts, papaya, lilikoi, and colorful flowers. Located in a neighborhood with underground utilities, no power lines are obstructing your views. Situated at the bottom of a quiet street, this home offers peace and privacy.

This rare opp
Recent Activity
  • Aug 29, 2024 Listed at $699,000
  • Aug 09, 2024 Off Market
  • Apr 11, 2024 Listed at $699,000
  • Jan 14, 2022 Sold for $620,000
  • Nov 15, 2021 Under Contract
  • Sep 21, 2021 Listed at $675,000
More Details
  • Price / ft²: $586
  • Zoning: A-5A
  • View: HIS Coastline, HIS Sunset, Ocean
  • Amenities: Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer Stacked
  • TMK: 3730440490000
  • Tax Assessed Value: $454,600
  • Courtesy: COMPASS
  • MLS: 713735
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 September 16, 2024.
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75-233 NANI KAILUA DR
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1,004 ft²
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73-1057 AHIKAWA ST
2 Bds | 1 Ba
880 ft²
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11-3345 HIBISCUS ST
3 Bds | 2 Ba
1,600 ft²
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8579 Kamehameha V Hwy
3 Bds | 2 Ba
1,248 ft²
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88-1965 MILOLII RD
2 Bds | 2 Ba
1,362 ft²
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99-1817 PAINIU LOOP
3 Bds | 2 Ba
1,264 ft²
  • Asking Price: $699,000
Description
Dream Custom Home in Hawaii: Unique Investment Opportunity

Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process.

Major demolition, permitting, foundation work, and half of the framing are already complete. You can choose your favorite final finishes without the hassle of removing existing ones. The current owner/contractor is available to advise on the next steps and share contacts with reputable subcontractors.

Currently livable, this 2,128 sqft, 3-bed, 3.5-bath home can be finished in phases. Designed for unobstructed ocean views from the living room, all bedrooms, and a rooftop deck engineered to support a hot tub, this home offers stunning sunsets every night.

Features include an outdoor shower, a fishpond with a waterfall, and custom kitchen cabinets made of quarter-sawn white oak and teak. The master bedroom includes an all-teak accent wall, floating vanities with LED lighting, and a shower with a 16” rain head. Wide plank European oak floors add a touch of elegance.

The property boasts old-growth palms, coconuts, papaya, lilikoi, and colorful flowers. Located in a neighborhood with underground utilities, no power lines are obstructing your views. Situated at the bottom of a quiet street, this home offers peace and privacy.

This rare opp
    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 September 16, 2024.
    • Aug 29, 2024 Listed at $699,000
    • Aug 09, 2024 Off Market
    • Apr 11, 2024 Listed at $699,000
    • Jan 14, 2022 Sold for $620,000
    • Nov 15, 2021 Under Contract
    • Sep 21, 2021 Listed at $675,000
    Other Kona Homes
    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.
    Learn about property tax rates.