$1,475,000
$1,475,000
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78-6649 ALII DR Kailua-Kona, HI 96740
8 Beds
6 Baths
2,400 SqFt
Key Details
Sold Price $1,475,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $614
Subdivision Kahaluu Beach Lots
MLS Listing ID 709340
Sold Date 10/10/24
Bedrooms 8
Full Baths 4
Half Baths 4
Year Built 1966
Annual Tax Amount $9,578
Lot Size 4,348 Sqft
Property Description
This rare offering includes two contiguous properties located on the mauka side of Alii Drive just a short walk from iconic Kahaluu Beach and surf break. The properties are all favorably zoned V-1.25: Resort-Hotel District whereby Short Term Vacation Rentals are permissible:-
(1) TMK#3-7-8-14-10 is 4,348 sqft in area and fronts Alii Drive. Located on this parcel is Kahaluu Apartments a two story apartment building comprised of 4 units. Each unit has a generous sized living area of 600sqft containing 2 bedrooms/1.5 bathrooms together with exterior covered west facing lanais. Ocean views can be enjoyed from the two upper units.
(2) TMK#3-7-8-14-20 is 4,648 sqft in area and has easement access from Alii Drive. This parcel is a vacant lot.
This offering offers serious consideration for residents, investors and developers alike. Property to be sold as one Estate and not individually.
Video of Kahaluu Apartments: https://vimeo.com/902800395/716e79a90f?share=copy
Location
State HI
Area North Kona
Zoning V-1.25
Interior
Heating None
Cooling None
Exterior
Garage Unassigned
Fence Rock/Stone
Pool No
Waterfront N
View Ocean, Bay, Sunrise
Building
Lot Description Inside
Sewer Septic
Water County, Meter Installed
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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