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Description
Dream Custom Home in Hawaii: Unique Investment Opportunity!
Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process.
The current owner/contractor is available to advise on the next steps and share contacts with reputable subcontractors.
This lovely 1,192 sqft home is a 1-bed 1.5 bath home that has been renovated with many custom features to extremely high standards and can be expanded to a 3/2.5 in phases. Designed for unobstructed ocean views from the living room, all bedrooms, and a rooftop deck engineered to support a hot tub, this home offers stunning sunsets every night.
Features include an outdoor shower, a fishpond with a waterfall, and custom kitchen cabinets made of quarter-sawn white oak and teak. The master bedroom includes an all-teak accent wall, floating vanities with LED lighting, and a shower with a 16” rain head. Wide plank European oak floors add a touch of elegance.
The property boasts old-growth palms, coconuts, papaya, lilikoi, and colorful flowers. Located in a neighborhood with underground utilities, no power lines obstruct your views. Situated at the bottom of a quiet street, this home offers peace and privacy.
This rare opportunity allows you to live in the home as-is and finish within the permit's 5-year span or complete construction quickly to capitalize on instant equity. Whether for investment or a forever home, this property can fulfill your dreams.
Plans have been drawn, stamped by structural and mechanical engineers, and approved and stamped by the county. The building permit is currently open and is transferable to the new owner with a $100 transfer fee.
Kona is the sunny west coast of the Big Island, making it the popular destination of tourists instead of the rainier Hilo side (see our weather data page).
In addition to new housing being built in existing Kona residential areas, especially Kailua-Kona, in the wake of the post 1950s tourism economy boom, recent years have seen new luxury master-planned communities like Hualalai, Kukio & Kohanaiki created as well.
Kona subdivisions include:
Alii Point - Oceanfront community. 19 lots of 4.6K Sq Ft - 1 acre with 2 - 5BR, 1 & 2-story ho
Dream Custom Home in Hawaii: Unique Investment Opportunity!
Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process.
The current owner/contractor is available to advise on the next steps and share contacts with reputable subcontractors.
This lovely 1,192 sqft home is a 1-bed 1.5 bath home that has been renovated with many custom features to extremely high standards and can be expanded to a 3/2.5 in phases. Designed for unobstructed ocean views from the living room, all bedrooms, and a rooftop deck engineered to support a hot tub, this home offers stunning sunsets every night.
Features include an outdoor shower, a fishpond with a waterfall, and custom kitchen cabinets made of quarter-sawn white oak and teak. The master bedroom includes an all-teak accent wall, floating vanities with LED lighting, and a shower with a 16” rain head. Wide plank European oak floors add a touch of elegance.
The property boasts old-growth palms, coconuts, papaya, lilikoi, and colorful flowers. Located in a neighborhood with underground utilities, no power lines obstruct your views. Situated at the bottom of a quiet street, this home offers peace and privacy.
This rare opportunity allows you to live in the home as-is and finish within the permit's 5-year span or complete construction quickly to capitalize on instant equity. Whether for investment or a forever home, this property can fulfill your dreams.
Plans have been drawn, stamped by structural and mechanical engineers, and approved and stamped by the county. The building permit is currently open and is transferable to the new owner with a $100 transfer fee.
Kona is the sunny west coast of the Big Island, making it the popular destination of tourists instead of the rainier Hilo side (see our weather data page).
In addition to new housing being built in existing Kona residential areas, especially Kailua-Kona, in the wake of the post 1950s tourism economy boom, recent years have seen new luxury master-planned communities like Hualalai, Kukio & Kohanaiki created as well.
Kona subdivisions include:
Alii Point - Oceanfront community. 19 lots of 4.6K Sq Ft - 1 acre with 2 - 5BR, 1 & 2-story ho
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.
