Skip To Content

75-5648 Ololi Rd

Kailua-Kona, HI 96740
  • $6,500,000
  • STATUS: Active Under Contract
  • ON SITE: 16 Days
  • MLS #: 661667
Under Contract
UPDATED: 57 min ago
$6,500,000
  • 0
    BEDS
  • 0.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Area:

School Ratings & Info

Description

One of a kind, sustainable Bamboo multi-unit property. Eight individual dwellings situated above Hawaiian historical gardens. These units offer secluded luxury living nestled in the heart of downtown Kona. Units are one bedroom, two bedroom, or two-bedroom with loft. They have stunning 180 degree ocean views from the lanais. The property is walking distance to everything,the ocean, dining and entertainment, shopping, Ironman start/finish, and much more. Secure, private parking located inside the gated entry with access to ample over-flow parking.Perfect for an island getaway or vacation rental property. Vacation rentals are permitted. (Short-term vacation rental permits in place)Residential and commercial use allowed. Floor plans include:2 x 2 bed/2 bath 1294 sq ft units with loft, private lanai, and deck2 x 2 bed/2 bath 1152 sq ft units with private lanai 4 x 1 bed/1 bath 768 sq ft units with private lanai*2 of the units are pending final completion (permitted and awaiting final interior finishes). Bamboo finishing materials located on site. Amended public declaration pending completion during escrow. All future short term vacation rental bookings to be honored upon sale of property, a list of existing bookings to be provided in escrow. Buyer to do their own due diligence regarding all pertinent facts.Purchase of multiple units is also an option although ownership of units will be CPR ownership. CPR aproved in 2018.Maintenance dues amount pending.

Monthly Payment Calculator



© 2022 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai'i Brokers. Data last updated: 2022-05-29T01:34:22.34.
www.hawaii-brokers.com/homes/128646906
Print Image

75-5648 Ololi Rd Kailua-Kona, HI 96740

  • Price: $6,500,000
  • Status: Active Under Contract
  • On Site: 16 Days
  • Updated: 57 min ago
  • MLS #: 661667
0
Beds
0
Baths
0
½ Baths
0.85
Acres
Neighborhood:
Lanihau 1st - Hienaloli 1st
Area:
North Kona
Property Description
One of a kind, sustainable Bamboo multi-unit property. Eight individual dwellings situated above Hawaiian historical gardens. These units offer secluded luxury living nestled in the heart of downtown Kona. Units are one bedroom, two bedroom, or two-bedroom with loft. They have stunning 180 degree ocean views from the lanais. The property is walking distance to everything,the ocean, dining and entertainment, shopping, Ironman start/finish, and much more. Secure, private parking located inside the gated entry with access to ample over-flow parking.Perfect for an island getaway or vacation rental property. Vacation rentals are permitted. (Short-term vacation rental permits in place)Residential and commercial use allowed. Floor plans include:2 x 2 bed/2 bath 1294 sq ft units with loft, private lanai, and deck2 x 2 bed/2 bath 1152 sq ft units with private lanai 4 x 1 bed/1 bath 768 sq ft units with private lanai*2 of the units are pending final completion (permitted and awaiting final interior finishes). Bamboo finishing materials located on site. Amended public declaration pending completion during escrow. All future short term vacation rental bookings to be honored upon sale of property, a list of existing bookings to be provided in escrow. Buyer to do their own due diligence regarding all pertinent facts.Purchase of multiple units is also an option although ownership of units will be CPR ownership. CPR aproved in 2018.Maintenance dues amount pending.
Exterior Features

Fence ElectricFullRock/Stone Land Tenure Fee Simple Ocean Front N Pool N Roads CountyPaved Topography Gentle Slope View MountainOcean HorizonSunrise

Property Features

Assessed Value 668300 Assessment Year 2021 Distressed Standard Sale Lava Zone 4 Power OverheadSolar/Photovoltaic Project Name Ck Hale Property Type Multi-Family Sewer Septic Solid Waste Disposal Included With Maintenance Fees Tax Key 375004024 Taxes 9943.00 Terms 1031 ExchangeCashConventional Water County Zoning V-1.25

Listing information © 2022 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of The Commercial Group Llc.


© 2022 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai'i Brokers. Data last updated: 2022-05-29T01:34:22.34.
 
https://bt-photos.global.ssl.fastly.net/hawaii/orig_boomver_1_661667-2.jpg https://bt-photos.global.ssl.fastly.net/hawaii/orig_boomver_1_661667-2.jpg https://bt-photos.global.ssl.fastly.net/hawaii/orig_boomver_1_661667-2.jpg
Logo
Hawai'i Brokers
61-3642 Kawaihae Rd
Kamuela HI, 96743