Kaloko Drive Condominium Project

MLS® 706043 (Hawaii Real Estate) is located at Kaloko Drive Condominium Project KAILUA-KONA HI 96740 in KALOKO MAUKA SUBDIVISION KALOKO DRIVE CONDOMINIUM PROJECT. The current listing status is Active. This 4 bed and 2 bath Home was built in 1990 and features 1804 finished sq.ft with a lot size of 10.00 acres. This property has a reported annual taxes of $3,319. This property is currently listed for an *asking* price of $2,449,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Views, rental income, potential business income and 10 acres. This property has it all! An exceptional 10-acre property located in lush Kaloko Mauka is one of the few properties in Kaloko with beautiful coastline views. This unique property hosts an 1,804 sqft primary residence with a 576 sqft garage, two rented ohanas, a newly constructed log cabin, and a cleared warehouse/shop area ready to generate business income. The property also has two cleared building pads. The primary home, with beautiful views, has 3 bedrooms, 2 bathrooms, and a 320 sqft carport. A lower floor ohana has 480 sqft with one bedroom and one bathroom. Next to the primary residence is a 224 sqft, stand-alone cottage with one bedroom and one bath. A new 864 sqft prefab log cabin, costing over $750,000 to construct, has one bedroom and one bath with views from the 360 sqft front lanai. The log cabin needs completion of plumbing, electrical, and interior finishes. The warehouse/shop consists of a 10,000 sqft cleared pad with two large shipping containers and an 800 sqft covered shop area. Stop paying rent and relocate your agricultural, mechanical or hobby business to the property. Altogether, approximately 30% of the property has been cleared for current and future uses. A large, cleared grassy area in front of the primary home is perfect for large gatherings. Two of the three ohanas are currently rented and bring in $4,000 per month. The third, a modern log cabin, could be used to house a multi-generational family or could be rented. The primary home is fully permitted but the other structures are unpermitted. All structures are on county water and cesspool. Power can be provided to the log cabin and the shop through solar or generator and batteries. This property has it all for the right family who wants to live comfortably and generate rental and business income on 10 acres.