$605,000
$699,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
11-3064 LEHUA ST Mountain View, HI 96771
4 Beds
3 Baths
3,536 SqFt
Key Details
Sold Price $605,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $171
Subdivision Fern Acres
MLS Listing ID 701565
Sold Date 04/26/23
Bedrooms 4
Full Baths 3
Year Built 2007
Annual Tax Amount $7,705
Lot Size 2.000 Acres
Property Description
Licensed Vacation Rentals are increasingly difficult to come by in this market, especially of homes this size! This isn't your standard Big Island home, with over 3,500 square feet under roof, a large two car garage, and extra large lanais on both floors, this home is the ultimate vacation rental destination, and a fantastic investment opportunity.
This is an active vacation rental, that can be sold completely turn key, including furnishings, future bookings, and a local cleaning crew that may want to stay on with the new owners. The home sits on 2 cleared, level acres, and is surrounded on both sides by lush jungle, offering privacy to you or your travelers.
The layout of this home just makes sense. The bedrooms are all spacious and have privacy, there are three separate interior living areas, an informal and formal dining area, two large lanais, an open layout kitchen, and even a playroom area! The main suite has a large private bathroom, and there is an additional bathroom on each level.
The current owners have put a lot of time, attention, and money into upgrading this home and making it a high quality vacation rental, including exterior painting, replacing lanai railings, cosmetic upgrades, and decorating with high quality furnishings.
Hawaii County Vacation Rental Legislation only allows residential homes that were already granted STVR permits to operate legally. There is no method of licensing new residential homes outside of specific zoning, making this a rare opportunity. There is an annual renewal fee of $250, and the permits run with the land. Financials are available to prospective buyers that can provide proof of funds or a valid pre-qualification letter.
Location
State HI
Area Puna
Zoning A-3A
Interior
Flooring Ceramic Tile
Exterior
Garage Covered, Attached
Pool No
Waterfront N
View Forest
Building
Lot Description Clear, Grassy, Inside
Sewer Cesspool
Water Catchment
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP