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MLS: 715201 (Active - For Sale)
 
Asking Price: $475,000 Fee Simple
Type: Residential
District: Puna
Street: 11-3785 1st St
Neighborhood: Mauna Loa Estates
Beds: 1   Baths: 1
Living Area: 432 SF
Land Area: 20,000 SF
Parking: Unassigned
Days on Market: 33
(The Price of the property was lowered by $20,000 on 10/24/2024)
Year Built: 2018
Zoning: RS-20
Roads: Private,Paved
Property Taxes: $1,740
Assessed Value: $156,800
Assessed Ratio: 302.93%
Listing Courtesy: eXp Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional
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All Homes For Sale in Mauna Loa Estates

Charming Studio Cottage, Top Vacation Rental, Full Kitchen, Washer/Dryer!

Discover the perfect blend of relaxation and adventure in one of the most sought-after locations at this charming turnkey cottage – A Special Gem in Volcano, Hawaii.

Escape the everyday hustle and embrace serenity with this delightful, turnkey studio cottage, perfectly situated in the heart of Volcano, Hawaii. Currently a licensed short-term vacation rental, this gem has earned rave reviews and is celebrated as a guest favorite. The property offers a seamless blend of modern convenience and natural beauty, providing an exceptional retreat for visitors seeking tranquility and nature.

The cottage is nestled within a lush rainforest, surrounded by towering trees and vibrant tropical foliage. Guests are treated to a mesmerizing setting, the soothing sounds of native birds, and the gentle caress of island breezes. This enchanting hideaway offers an inviting and well-equipped space featuring a full kitchen and a washer and dryer, adding to its appeal and convenience, ideal for unwinding after a day of exploration. The property also includes a security alarm system monitored by APN and exterior cameras.

Location is key, and this cottage excels in that regard. Situated in a highly desirable subdivision, it provides easy access to the main road, making travel convenient and stress-free. The property is just minutes away from the renowned Hawaii Volcanoes National Park, a major draw for over one million visitors each year. Whether guests are embarking on a volcanic adventure or simply exploring the park's unique landscapes, they will appreciate the short drive back to their cozy retreat with electric fireplace heater. Chill under the ohia post pergola beautifully adorned with tropical plants.

This cottage is not just a getaway; it's an experience. With its proven success as a vacation rental, high guest satisfaction, and its unbeatable location near one of Hawaii’s top attractions, this property represents an incredible investment opportunity.


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4 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
26112902/28/201302/28/2014$20,000$17,000
13738406/01/200408/13/2004$25,000$25,000
64216209/01/202011/09/2020$289,000$289,000
70599011/30/202302/12/2024$398,000$385,000

13 Comparable Homes Sold in Mauna Loa Estates (Last 12 months)
Description List Date Sold Date List Price Sold Price
1 Bed 1 Bath10/06/202301/19/2024$189,900$252,000
0 Bed 1 Bath05/09/202407/02/2024$225,000$230,000
1 Bed 1 Bath09/01/202411/13/2024$285,000$285,000
2 Bed 1 Bath10/26/202302/07/2024$299,900$307,500
1 Bed 1 Bath11/16/202301/17/2024$310,000$303,500
2 Bed 2 Bath11/02/202302/23/2024$365,000$352,592
1 Bed 1 Bath01/15/202404/30/2024$375,000$375,000
2 Bed 2 Bath09/01/202312/21/2023$380,000$375,000
2 Bed 1 Bath06/25/202408/06/2024$390,000$390,000
1 Bed 1 Bath11/30/202302/12/2024$398,000$385,000
1 Bed 2 Bath07/11/202409/09/2024$528,000$530,000
2 Bed 2 Bath09/15/202311/30/2023$599,000$599,000
0 Bed 1 Bath03/08/202409/20/2024$650,000$600,000
Average Price:  $383,430

 
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