$1,300,000
$1,395,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
1688-A KAUMANA DR Hilo, HI 96720
7 Beds
8.5 Baths
6,395 SqFt
Key Details
Sold Price $1,300,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,395 sqft
Price per Sqft $203
Subdivision Ponohawai Homesteads
MLS Listing ID 707136
Sold Date 05/31/24
Bedrooms 7
Full Baths 8
Half Baths 1
Year Built 1993
Annual Tax Amount $12,203
Lot Size 2.800 Acres
Property Description
An extraordinary property offering a myriad of opportunities on Hawaii Island! This versatile estate is a haven for those seeking a multi-functional/generational living space, with potential for multiple rentals, an owner's residence & expansive workshop facilities.
At the pinnacle of the property, the main 3-bedroom, 1.5-bath home w/ comfortable spacious living.
As you descend the property, you encounter a wealth of rental opportunities. A permitted ohana that includes a 1-bedroom, 2-bath front unit, with living room, remodeled kitchen, a flex and laundry rooms. The middle of the ohana has 1-bedroom, 1-bath, a kitchenette connected to a large studio, 1 bath, full-size washer/dryer & a large open lanai. All this can be one home or multiple rental opportunities. 3 attached, carport spaces make parking accessible.
Showcasing the diversity & income potential of this unique property also includes another 'in-process' remodeled 2- bed., 2-bath apartment attached to the ohana presents a fifth living option,
The pièce de résistance is an expansive 3-bay workshop garage; for car enthusiasts & craftsmen alike. This high-ceilinged space comes complete w/ storage & feed rooms, as well as equipment for working on cars.
The landscape has various fruit-bearing & mac nut trees. This property offers a home
& agricultural haven. Marvel at ocean views on the Hilo coastline. The location, close to Kaumana Elementary School & Saddle Road, ensures easy access to Kona & Hilo Towns.
Embrace sustainability w/ a new 10KW photovoltaic system, boasting 40x270w panels, 39KW of total inverter output & a substantial 2240ah (108 KWh) battery bank. This eco-friendly setup powers all apartments, the ohana, & the workshop, making it not only versatile but also environmentally conscious. PV is robust enough to charge an EV.
Don't miss the chance to explore this multi-purpose property that seamlessly blends functionality, comfort & income potential.
Location
State HI
Area South Hilo
Building/Complex Name Kaumana Heights
Zoning A-3A
Interior
Heating None
Cooling None
Flooring Ceramic Tile, Vinyl
Exterior
Garage Covered, Attached
Fence Rock/Stone
Pool No
Waterfront N
View Ocean Horizon, Ocean
Building
Lot Description Clear
Sewer Cesspool
Water Municipal
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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