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SOLD
MLS: 705585
 
Asking Price: $625,000 Fee Simple
Sold Price: $525,000
Sold Date: 03/11/2024
Type: Residential
District: Puna
Street: 16-1401 40th Ave
Neighborhood: Orchid Land Estates
Beds: 2   Baths: 2
Living Area: 1,172 SF
Land Area: 3 Acres
Parking: Covered,Attached
Amenities: Smoke/Heat Detector
Days on Market: 379
Year Built: 2007
Zoning: A-3A
Roads: Graded,Private,Unpaved
Property Taxes: $3,168
Assessed Value: $338,800
Assessed Ratio: 184.47%
Listing Courtesy: Coldwell Banker Island Properties - Kona
Terms Acceptable: 1031 Exchange,Cash,Conventional,FHA,USDA-Rural Dev,VA
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RARE! Licensed, permitted STVR in Kea’au – serene Hawaii country home.

An incredibly rare find! Licensed, income-producing vacation rental, boasting a 11-year, 5-star track record and sold turnkey as a home or business. Hawaii county’s limited STVR licensing of this area ceased in 2019, so your license is one of the finite few benefiting from the year-round booking stream of this popular location.

Gently elevated, the home is nestled peacefully in a clearing, surrounded by lush rainforest and the soothing sounds of nature. Gated, and set-back from the street, with a private palm-lined driveway for ultimate privacy, this is a well-designed retreat that has been thoughtfully constructed with master craftsmanship throughout.

From the comfortable lanai, enter through french doors into a warm greeting of locally-harvested hardwood flooring underfoot, and brilliant natural light from the large windows in every room. The home’s open-concept design, cooled by the breezy trade-winds, welcomes easy gatherings for family and friends.

The kitchen features ample work space, ceramic tile floors, and lots of cabinet/pantry storage. The abundant warmth of the entire living space instantly feels like home.

At one end of the open hallway with it's large closets, a full bath opens adjacent to a large bedroom; at the other end is the sizable, sunlit primary suite with a bay window, an airy walk-in closet, ensuite full bath and slider door to the lanai.

The covered carport houses a convenient laundry room and ample space for additional parking on the expansive gravel driveway, and lots of surrounding green space to enjoy life in the warm Hawaii sun!
Features include:
*10k gal catchment tank, UV/sediment filters
*New solar hot water panels
*Secure under-house storage
*Fiber optic internet/TV
*Temperate microclimate
*Lava Zone 3, Flood X
*Dense native forest historically slows high winds
*Easy drive to Volcano, Hilo, Pahoa & Keaau
Leaseback of undeveloped land for a discount on sales price.


 
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