Kailua-kona, HI 96740,75-5874 WALUA RD
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$ 4,000,000
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75-5874 WALUA RD Kailua-kona, HI 96740

6 Beds

4 Baths

2,758 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 2,758 sqft

Price per Sqft $1,450

MLS Listing ID 710865

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1942

Annual Tax Amount $13,945

Tax Year 2023

Lot Dimensions 153 x 152

Property Sub-Type Hotel/Motel

Source Hawaii Information Service

Property Description

This rare 23,196 sq ft fee simple property fronts Walua Road on the eastern side and backs up to Alii Drive on the western side. Located within the boundaries of Kailua Village, the subject property is favorably zoned CV-10 and is surrounded by commercial and condominium buildings.
Gracing this one of a kind property is the Kona Beach Hostel, a business established in 2017 and featuring two landmark updated and reconfigured plantation homes ("Plumeria" and "Pikake"). In total Kona Beach Hostel has 15 bedrooms and 7 bathrooms.
Both buildings have views of the ocean and are fringed on the northern, southern and eastern sides by shady and colorful trees and shrubs that provide a good deal of privacy. Within the grounds are designated parking areas as well as four tastefully appointed gazebos.
This special property is located within easy walking distance of downtown Kailua.

Video of property: https://vimeo.com/947317575/5463a95928?share=copy

Location

State HI

Area 23196.0

Zoning CV-10

Region North Kona

City Region North Kona

Interior

Hot Water Electric, Solar

Cooling HIS Air Conditioning, Wall/Window Unit(s)

Flooring Ceramic Tile, Vinyl

Window Features Drapes

Appliance Dryer, Range, Refrigerator, Washer

Exterior

Parking Features Detached, None, Other

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected

View Y/N Yes

View Garden, HIS Sunset, Mountain(s), Ocean

Topography Fairly Level

Garage No

Private Pool No

Building

Lot Description Interior Lot

Story 2

Entry Level Two

Others

Ownership Full

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Fee Simple, Standard

Virtual Tour https://vimeo.com/947317575/5463a95928?share=copy


Hawaii Information Service (HIS)
Listed by Sue Brown Realty and Associates
agent

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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