$1,775,000
$1,950,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3 Baths
1,404 SqFt
SOLD DATE : 03/13/2024
Key Details
Sold Price $1,775,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,404 sqft
Price per Sqft $1,264
Subdivision Puako Beach Lots
MLS Listing ID 703694
Sold Date 03/13/24
Bedrooms 2
Full Baths 3
HOA Y/N No
Year Built 1959
Annual Tax Amount $12,597
Tax Year 2023
Lot Size 5,749 Sqft
Property Sub-Type Single Family Residence
Source Hawaii Information Service
Land Area 5749
Property Description
This sweet Beach Cottage could be your perfect retreat & is one of the rare legal vacation rental properties in PUAKO; conceivably Hawaii's most picturesque & quaint beach communities on the famous Gold Coast coveted for its pristine coastline teeming with sea life, Honu-turtle, whale watching, ocean sports, star-gazing & an unbelievably secluded feeling with the added benefit of easy access to resort amenities & sandy beaches!
Be mesmerized by sparkling blue ocean views from the private, shady & oversized covered lanai of this 2 bedroom, 3 bath hideaway. The grand-fathered Short Term Vacation Rental (STVR) has an ideal location just steps across the street to the ocean & Paniau Beach Park, (famous for surfing, snorkeling & diving). It is only 15 minutes by foot on the ancient Ala Kahakai Trail to the Fairmont Orchid with World Class amenities, dining, golf, spas or shopping. Here is a paradise found for ocean adventures, access to the adjacent luxury resorts, captivating sunsets, or simply a peaceful retreat in a sleepy island community with a virtually undiscovered vibe!
Cherished for many decades by the current owner, the next steward can now experience the Magic of Bamboo Beach Cottage!
•Premium value as grand-fathered STVR
•Certified & transferable due to Sellers arduous process to secure a Non-Conforming Use Certificate
•An active STVR in a proven desirable destination
•Buyer to honor STVR reservations, (not being accepted beyond 90 days)
•Outdoor shower
•Skylights, etched glass shower doors, terra cotta tile
•Pass-thru window from kitchen to lanai
•Bordered by undeveloped public land, (tax free buffer)
•5,749 SF land is Unit A of a 2-Unit CPR
•NO high resort fees, NO Community HOA, (just CPR)
•NO thru-traffic on Puako Beach Drive
•Community Boat Ramp
•Furnishings available w/acceptable offer
•Puako is just a stone's throw away from Hapuna Beach, Wailea Bay & Mauna Kea Hotel
Dream no longer...
Location
State HI
County Hawaii Island (big Island)
Community Puako Beach Lots
Area Hi
Building/Complex Name Puako Retreat
Zoning RS-10
Region South Kohala
City Region South Kohala
Interior
Interior Features Skylights
Hot Water Electric
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Window Features Blinds
Appliance Dryer, Electric Cooktop, Microwave, Range, Washer
Exterior
Exterior Feature Lightning
Parking Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Y/N Yes
Water Access Desc Public
View Ocean
Topography Fairly Level
Garage Yes
Private Pool No
Building
Lot Description Dead End, Landscaped, Rim Lot
Story 2
Unit Features Multi-Story,Single Family Home
Entry Level Two
Sewer Cesspool
Others
Ownership CPR
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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