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MLS: 713957 (Active - For Sale)
 
Asking Price: $1,599,800 Fee Simple
Type: Residential
District: Puna
Street: 11-3832 5th St
Neighborhood: Mauna Loa Estates
Beds: 5   Baths: 3
Living Area: 2,144 SF
Style: Attached
Land Area: 20,000 SF
Days on Market: 76
Year Built: 1986
Zoning: RS-20
Roads: Private
Property Taxes: $7,095,.12
Assessed Value: $639,200
Assessed Ratio: 250.28%
Listing Courtesy: eXp Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional
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All Homes For Sale in Mauna Loa Estates

Thriving Licensed STVR Opportunity Near Hawaii Volcanoes National Park

Successful Licensed Vacation Home Near Hawaii Volcanoes---Prime Rental Potential

Welcome to one of the largest vacation rental properties in the Volcano area—an established and highly successful locally owned short term Vacation Rental business, renowned for its spaciousness, amenities, and ideal location. This 6-bedroom, 3-bathroom home in the coveted Mauna Loa Estates subdivision, comfortably accommodates up to 30 guests, perfect for a wide range of group events, including retreats, family reunions, off-island school field trips, and more.

The owners have thoughtfully updated the space with modern furniture, appliances, and group-friendly activities that have become a favorite among guests. Whether it's enjoying communal meals, engaging in group activities, or simply relaxing after a day of adventure, this home is designed for comfort and socializing. The layout offers ample sleeping arrangements, flexible common spaces, and blends indoor and outdoor living seamlessly.

Just minutes from the iconic Hawaii Volcanoes National Park—one of Hawaii's most popular attractions, averaging 1.6 million visitors annually—this home benefits from a constant flow of tourists seeking nearby accommodations. With few hotel options in the area, the Volcano region has blossomed into a flourishing hub for short-term vacation rentals, and this property stands out as a prime choice for those seeking group-friendly lodging close to nature's wonders.

As one of the largest rental properties in the area, the home offers a rare opportunity to capitalize on the growing demand for spacious, well-equipped vacation rentals. The current owners have successfully positioned it as a go-to for large groups, with positive reviews and repeat bookings solidifying its reputation. It's a turnkey business with immense potential for continued success.
**This property is booked throughout the year, showing request are by appointment only.


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1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
66434408/12/202205/26/2023$749,000$700,000

2 Comparable Homes Sold in Mauna Loa Estates (Last 12 months)
Description List Date Sold Date List Price Sold Price
4 Bed 2 Bath08/04/202410/15/2024$529,888$520,000
4 Bed 3 Bath06/10/202410/08/2024$899,000$875,000
Average Price:  $697,500

 
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