Listing Image
SOLD
MLS: 713253
 
Asking Price: $700,000 Fee Simple
Sold Price: $700,000
Sold Date: 10/25/2024
Type: Residential
District: Puna
Street: 11-2024 Ohialani Rd
Neighborhood: Fern Forest Vacation Estates
Monthly Association Fee: $200
Beds: 4   Baths: 4
Living Area: 2,484 SF
Land Area: 3 Acres
Parking: Covered,Detached,Other (remarks)
Days on Market: 86
(The Price of the property was lowered by $55,000 on 10/21/2024)
Year Built: 2011
Zoning: A-3A
Roads: Private,Graded
Property Taxes: $1,833,.32
Assessed Value: $499,700
Assessed Ratio: 140.08%
Listing Courtesy: Century 21 Homefinders of Hawaii
Terms Acceptable: 1031 Exchange,Cash,Conventional,VA

SHORT TERM VACTION RENTAL OPPORTUNITY WITH ADDITIONAL SINGLE FAMILY HOME.

Exceptional 4-bedroom, 3-bath home with a permitted, legal, hosted, income-producing 576 sqft yurt STVR on 6 lush acres.
This property combines functionality and sustainability with 1.5 acres of beautifully landscaped grounds.

The main home features 1,908 sqft of living space with cathedral/open beam ceilings, ceiling fans in all rooms,
French doors, insulated double walls, and double-pane windows. The custom kitchen includes lots of cabinets,
a refrigerator, dishwasher, convection oven, induction cooktop stove.
The back covered lanai has a washer/dryer that is sheltered from the weather.

All bedrooms and the living room open to a spacious 1,132 sqft covered lanai,
perfect for indoor-outdoor living. One bedroom is separate, ideal for Ohana living or additional rental income.
The detached 784 sqft 2-car garage offers extensive storage and doubles as a workshop.

Power is HELCO, supplemented by Solar with a backup generator, solar hot water and a 20,000-gallon catchment tank.

The separate 576 sqft yurt, built in 2017, is a permitted, hosted, STVR that generates rental income.
It includes a 200 sqft lanai, stacking washer/dryer, its own septic system, water tank, and comes fully furnished with a 5-star rating.

Additional features include a 20x20 greenhouse for gardening enthusiasts. The property is fenced on the road with security cameras.
Home has a survey map and the lot next door has a staking map on file.

Two TMKs are included in this listing: the main property and the vacant lot to the left (3-1-1-31-32).
The vacant lot provides the option to build a family compound or maintain added privacy.

The home also has a pest prevention service contract.
Sellers are leaving a riding and push mowers to be included in the sale.
If you are looking for space to grow while producing income, this is it.


 
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