$525,000
$625,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
16-1401 40TH AVE Keaau, HI 96749
2 Beds
2 Baths
1,172 SqFt
Key Details
Sold Price $525,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,172 sqft
Price per Sqft $447
Subdivision Orchid Land Estates
MLS Listing ID 705585
Sold Date 03/11/24
Bedrooms 2
Full Baths 2
Year Built 2007
Annual Tax Amount $3,168
Lot Size 3.000 Acres
Property Description
An incredibly rare find! Licensed, income-producing vacation rental, boasting a 11-year, 5-star track record and sold turnkey as a home or business. Hawaii county's limited STVR licensing of this area ceased in 2019, so your license is one of the finite few benefiting from the year-round booking stream of this popular location.
Gently elevated, the home is nestled peacefully in a clearing, surrounded by lush rainforest and the soothing sounds of nature. Gated, and set-back from the street, with a private palm-lined driveway for ultimate privacy, this is a well-designed retreat that has been thoughtfully constructed with master craftsmanship throughout.
From the comfortable lanai, enter through french doors into a warm greeting of locally-harvested hardwood flooring underfoot, and brilliant natural light from the large windows in every room. The home's open-concept design, cooled by the breezy trade-winds, welcomes easy gatherings for family and friends.
The kitchen features ample work space, ceramic tile floors, and lots of cabinet/pantry storage. The abundant warmth of the entire living space instantly feels like home.
At one end of the open hallway with it's large closets, a full bath opens adjacent to a large bedroom; at the other end is the sizable, sunlit primary suite with a bay window, an airy walk-in closet, ensuite full bath and slider door to the lanai.
The covered carport houses a convenient laundry room and ample space for additional parking on the expansive gravel driveway, and lots of surrounding green space to enjoy life in the warm Hawaii sun!
Features include:
*10k gal catchment tank, UV/sediment filters
*New solar hot water panels
*Secure under-house storage
*Fiber optic internet/TV
*Temperate microclimate
*Lava Zone 3, Flood X
*Dense native forest historically slows high winds
*Easy drive to Volcano, Hilo, Pahoa & Keaau
Leaseback of undeveloped land for a discount on sales price.
Location
State HI
Area Puna
Zoning A-3A
Interior
Heating Other (remarks)
Cooling Other (remarks)
Flooring Carpet, Ceramic Tile, Hardwood
Exterior
Parking Features Covered, Attached
Pool No
View Forest, Garden
Building
Lot Description Clear, Wooded
Sewer Cesspool
Water Catchment
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, USDA-Rural Dev, VA
Listing Terms 1031 Exchange, Cash, Conventional, FHA, USDA-Rural Dev, VA
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