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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.
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.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
