73-4529 Kohanaiki Rd, KAILUA KONA, HI 96740

Property Description

Discover the charm of old Hawaii coupled with modern updates in this multi-generational property. Featuring two fully-permitted homes nestled on nearly half an acre of lush, tropical landscaping, with no CC&R’s. At a cool 1,200-foot elevation, this unique property offers the best of both worlds: a peaceful location off the beaten path, yet just minutes from shopping, beaches and schools. Ideal for extended family living, a dedicated home office, or potential rental income, this multi-home property also offers financial peace of mind. A fully-owned solar PV system with a grandfathered HELCO Net Energy Metering (NEM) agreement, delivers utility savings with no solar lease to assume. MAIN RESIDENCE: UPSTAIRS (1088 sf living area): 3 bed/1 bath w/ 200 sf covered lanai o New LVP flooring throughout o New Cabinets o New Dishwasher, Disposal, Stove, and Microwave Rangehood o New Countertops, Sinks and Faucets o New Light Fixtures o Freshly Painted Interior o New Doors and Hardware DOWNSTAIRS (736 sf): A fully independent studio with a wet bar, 1 bathroom and an uncovered lanai o Full Size Refrigerator o Walk-In Closet • Laundry/Storage Room (accessible from carport) with washer/dryer and a shelving unit • 2-Car Tandem Carport • 1 additional uncovered parking space OHANA (827 sf living area): • A charming, stand-alone two-story home, featuring 1 bedroom and 1 bathroom, and a large, uncovered lanai. o Downstairs features a full kitchen and living area o Upstairs features a bedroom area, office area, and bathroom o Washer and Dryer o Parking Space This unique property offers incredible versatility, either to maximize rental income or host extended family. **Waiting for professional photos