This is ideal for income-producing rental + home. Imagine hosting a vacation rental with a theme that you can attend to with the specialty of your ohana's talents...maybe home-cooked meals, maybe taking them to your horse for horseback riding lessons...maybe sharing your experience of growing up in the plantation days of North Kohala...Note: this property has never been a STVR & does not have a grandfathered STVR registration. (STVR=Short Term Vacation Rental) Plus, the other idea of having your blended family living together here with 6 bedrooms and 5 baths is the security we can appreciate in these times when we need one another most. These 3 bedroom homes are well-designed w/storage, newer kitchen cab faces, some new trims, lots of new paint, etc. Homes each have security screen doors & a double carport (back home had garage, but door has been removed). They are on separate cesspools, electric meters; one water meter. The site adjoins a 68 acre estate to the rear & has tangerine, mountain apple & jun plum trees, coconut palms, yellow ohia, blooming jade & statuary to highlight the big lot. Front house is getting its metal roof repaired by a licensed contractor. You can see Maui from front home on a clear day. Appraisal by well-known professional is in Addenda for $680,000 in 2018! Cost approach valued it at $683,889. This is such a better value with interest rates SO LOW & rents SO HIGH!
Listing courtesy of Kohala Real Estate & 2nd Home Services, LLC.
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