Appealing for investors looking for immediate income, or those seeking multigenerational living, this multifaceted, 6 unit property offers 5,478 square feet of living space in a flexible floor plan plus a ½ acre home build site with ocean and sunset views in the highly desirable neighborhood of Holualoa. A former Kona Coffee farm and current avocado farm consisting of 2.26 acres, this property was once operated as a school, then later as an elder care home with a total of 6 bedrooms on the lower level. Extensively renovated over the past 4 years with 3 legal kitchens, 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. Renovations Include New roofing New Flooring Plumbing upgrades Electrical upgrades LED lighting New appliances, cabinetry, countertops Exterior and interior paint Onsite laundry and storage Landscaping Extensive ground work making the whole property walkable/mowable 11 parking spots + space to add 5 more Main Home 1. 3/1 vaulted ceilings, large kitchen/ living, ocean views and 2+ parking 2. 1/2 with the option to turn it back into a 2 bedroom. Lanai, private laundry, private storage, 2 parking 3. 2/1 and 2 parking 4. Studio, lanai, 1 parking *current renovation 5. Studio, lanai, 1 parking *interior not renovated Separate Cottage 6. 1/1 private lanai, ocean views, 2 car parking The ½+ acre build site sits on a private, upper end of the property with a driveway roughed in and offers ocean views. Hand selected, delicious avocado varieties, citrus, mango, cherimoya, lychee, banana, ulu, loquat, taro and turmeric. Two electric meters, no CC&R’s. Sold as is.
The median home value in Holualoa, HI is $735,000. This is higher than the county median home value of $522,400. The national median home value is $338,100. The average price of homes sold in Holualoa, HI is $735,000. Approximately 62.95% of Holualoa homes are owned, compared to 19.09% rented, while 17.96% are vacant. Holualoa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Holualoa real estate agent to arrange a tour today!
Holualoa, Hawaii has a population of 2,710. Holualoa is more family-centric than the surrounding county with 31.9% of the households containing married families with children. The county average for households married with children is 25.67%.
The median household income in Holualoa, Hawaii is $84,205. The median household income for the surrounding county is $68,399 compared to the national median of $69,021. The median age of people living in Holualoa is 51.5 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 64.9 degrees. The average rainfall is approximately 18.8 inches per year, with 0 inches of snow per year.