78-6797 Mamalahoa Highway, HOLUALOA, HI 96725

Property Description

Immediate income from 6 rentals in 5,478 square feet of living space plus a ½ acre home build site with ocean and sunset views in the highly desirable neighborhood of Holualoa this property appeals to investors and those seeking multigenerational living. <br><br>A former Kona Coffee farm and current avocado farm consisting of 2.26 acres, this multifaceted property with 3 legal kitchens provides the opportunity to simultaneously earn rental income, farm its fertile soil and build another home. Once operated as a school, then later as an elder care home with a total of 6 bedrooms on the lower level this property offers flexibility for many uses. <br><br>Extensively renovated, this rare offering is 15 minutes to downtown, Kona Hospital and less than ¼ mile to the dog park making it a great location for Kona residents, traveling nurses and dog lovers. <br><br>Renovations:<br>New roofing<br>New Flooring<br>Plumbing upgrades<br>Electrical upgrades<br>LED lighting <br>New appliances, cabinetry, countertops<br>Exterior and interior paint<br>Onsite laundry and storage<br>Landscaping<br>Extensive ground work making the whole property walkable/mowable<br>11 parking spots + space to add 5 more <br><br>Main Home<br>1. 3/1 vaulted ceilings, large kitchen/ living, ocean views and 2+ parking <br>2. 1/2 with the option to turn it back into a 2 bedroom. Lanai, private laundry, private storage, 2 parking <br>3. 2/1 and 2 parking <br>4. Studio, lanai, 1 parking *current renovation<br>5. Studio, lanai, 1 parking *interior not renovated<br><br>Separate Cottage<br>6. 1/1 private lanai, ocean views, 2 car parking<br><br>The ½+ acre build site sits on a private, upper end of the property with a driveway roughed in and offers ocean views. <br><br>Hand selected, delicious avocado varieties, citrus, mango, cherimoya, lychee, banana, ulu, loquat, taro and turmeric. <br><br>Two electric meters, no CC&R’s.<br><br>Sold as is