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Ryan O'Halloran

Realtor, RS-79932

  • Cell 808-345-6255
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54-3793 Akoni Pule Hwy, KAPAAU, Hawaii – $995,000

  • 9 Beds
  • 8 Baths
  • 2,574 Sqft
  • 5.68 Acres
  • 9 Beds
  • 8 Baths
  • 2,574 Sqft
  • 5.68 Acres

54-3793 Akoni Pule Hwy

Once in a lifetime opportunity to own a historic piece of north Hawaii Island! Take the Kohala Club Hotel and make it even better with your own spin on the facility. 9 beds and 8.5 baths make this expansive property the ideal investment for both investors or retirees looking to diversify their portfolio. Facility includes three separate dwellings on 5.68 acres. The 2 story, 1 bed 1.5 bath owners residence was just completely remodeled including an expansive private deck. This property fronts the main road through Kapaau where hundreds of thousands of visitors drive past every year. *Estimated gross profit potential based on current market survey: $90.00 per night 60% occupancy rate 8 rooms(owners residence separate) $155,520 gross income Centrally located close to Historic Hawi town where you can find some of the best dining, art galleries, and coffee shops on the island. Continue driving east on Highway 270 and you’ll literally come to the end of the road at the stunning Pololu Valley Overlook. One of a kind unique property! All 3 structures tented in 2017 and comes with a 3 year warranty. Orchard in the back of the lot includes lychee, mango, avocado, Lime, macnut, orange, papaya, and tangerine. Opportunities are endless, just need someone with the vision to take it and run.

Essential Information

  • MLS® #626997
  • Price$995,000
  • Bedrooms9
  • Bathrooms8.00
  • Full Baths8
  • Half Baths1
  • Square Footage2,574
  • Acres5.68
  • StatusActive

Type

Multi-Family, Residential, Business

Sub-Type

Ground Unit, Multi-Dwelling, Single Family Home, Single Level

Community Information

  • Address54-3793 Akoni Pule Hwy
  • SubdivisionKapaau Village
  • CityKAPAAU
  • DistrictNorth Kohala
  • StateHawaii
  • Zip Code96755

Amenities

  • ParkingOther (remarks), Unassigned
  • ViewForest, Garden, Mountain

Features

Exterior Lighting, High Traffic, Landscaped, Meeting Room, Office, Storage Area

Interior

Appliances

Dishwasher, Microwave, Refrigerator, Range/Oven

Exterior

  • Lot DescriptionClear, Grassy, Wooded
  • RoofCorrugated Iron

Additional Information

  • Date ListedMarch 15th, 2019
  • Days on Market185
  • ZoningA-20A

Listing Details

  • OfficeKeller Williams Realty Maui
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Price Change History for 54-3793 Akoni Pule Hwy, KAPAAU, Hawaii (MLS® #626997)

Date Details Change
Price Reduced from $1,065,000 to $995,000 $70,000 (6.57%)
Price Reduced from $1,069,000 to $1,065,000 $4,000 (0.37%)

Keller Williams Realty Maui.

IDX is deemed reliable but is not guaranteed accurate by the Hawaii Information Service, Inc. Listing Service. © 2019 Hawaii Information Service. All Rights Reserved.

Listing information last updated on September 19th, 2019 at 2:25am HST.