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SOLD
MLS: 703656
 
Asking Price: $799,000 Fee Simple
Sold Price: $795,000
Sold Date: 01/11/2024
Type: Residential
District: North Kona
Street: 74-5182 Kanai Pl
Neighborhood: Queen Liliuokalani Village
Monthly Association Fee: $12
Beds: 5   Baths: 3 Full / 1 Half
Living Area: 1,791 SF
Land Area: 5,694 SF
Parking: Unassigned
Days on Market: 369
(The Price of the property was lowered by $22,900 on 11/25/2023)
Year Built: 1973
Zoning: RS-15
Roads: County
Property Taxes: $5,956,.26
Assessed Value: $536,600
Assessed Ratio: 148.9%
Listing Courtesy: NextHome Paradise Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional
Google Map   County Records
 
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Investment Opportunity - 3 Separate Living Areas - Updated Interior!

Don't miss this investment opportunity! The 3 separate living areas of this five bedroom / 3.5 bath home each have a private exterior entry, covered lanai and individual designated parking. The flexible floor plan can also work for multi-generational living or home office needs.
The entire home was substantially renovated in 2016 and the interiors were totally remodeled with new dry wall, windows, doors, trim and paint. Quality upgrades included custom cabinetry, quartz countertops, vinyl plank flooring, new plumbing and lighting fixtures and ceiling fans.
- The composition shingle roof is approximately 7 years old
- Solar water heating provides for lower utility cost
- The Main part of the home is move in ready, and is accessed at the top of the property via Kanai Place: 3 bedrooms, 1.5 bath, great room with full kitchen. large 325 sf covered entry deck. Paved off-street parking for 2 vehicles.
- Apartments # 2 and # 3 can be accessed at the bottom of the property via Konalani Street and EACH have a living room with kitchenette, bedroom with closet / storage, full bath, covered entry deck, and paved off-street parking.
- A large shared laundry room is centrally located with exterior access. Additional storage space under the house.
- The property is located at the top of the subdivision at about the 750' elevation, with glimpses of the ocean which could be improved with some judicious pruning. The lushly landscaped lot includes native rock walls with mature tropical foliage, several Mango trees as well as Avocado, Pomelo, Banana, Heliconia and Ginger.
- Queen Lili`uokalani Village offers underground utilities and county sewer, and is conveniently located to Kailua-Kona with nearby schools, shopping, services, the county aquatic center, community parks and ocean recreation.


 
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