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SOLD
MLS: 708247
 
Asking Price: $1,050,000 Fee Simple
Sold Price: $1,100,000
Sold Date: 07/30/2024
Type: Residential
District: Puna
Street: 15-991 Paradise Ala Kai Dr
Neighborhood: Hawaiian Paradise Park
Beds: 4  
Living Area: 1,952 SF
Land Area: 19,602 SF
Parking: Attached
Amenities: Landscaped,Bar-Wet
Days on Market: 272
Year Built: 1980
Zoning: A-1A
Roads: Graded,Private
Land Recorded: Land Court
Property Taxes: $9,450,.54
Assessed Value: $851,400
Assessed Ratio: 123.33%
Listing Courtesy: KW Big Island
Terms Acceptable: Conventional,Cash,1031 Exchange,VA
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15-991 Paradise Ala Kai - a successful short-term vacation rental

Welcome to 15-991 Paradise Ala Kai - a successful short-term vacation rental property with unparalleled views of the Pacific Ocean.

Located in the coveted Kaloli Point area of Hawaiian Paradise Park - "the neighborhood within the neighborhood". It doesn't get any better than this. The property has an approved and transferable short term vacation rental license with a history of successful rentals and booking interest far into the future. The home was designed with hosting in mind: large open interior spaces on the upper and lower floors; three large bedrooms on the upper level plus and an additional bedroom on the lower level; covered balconies to overlook the Pacific Ocean, a large barbeque deck behind the kitchen, and a generously sized half acre lot with lava rock walls that seamlessly blend into the landscaping.

Remotely located enough to assure peace and tranquility. Thoughtfully located enough to assure convenience and practicality. Fifteen minutes to Pahoa's or Keaau's shopping and restaurants, and only a little further to Hilo where just about anything can be found (UH Hilo, The Hilo International Airport, government offices, etc.). It's hard to go wrong with this one...


 
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