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75-5874 WALUA RD, KAILUA-KONA, HI 96740

Updated & Well Established Kona Bay Hostel Zoned CV-10 in Kailua Village.

Listing Provided by: Sue Brown Realty and Associates
MLS #: 710865
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo

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

Property Details

Price: $4,000,000
Sold Price:
Address: 75-5874 WALUA RD, KAILUA-KONA, HI 96740
Ownership: Full
Status: Active
Category: Commercial Sale
Type:

Total Bedrooms: 6
Total Bathrooms: 4
Full Baths: 3
Living Area: 2,758 Square Feet

Listed by: Sue Brown Realty and Associates
Year Built: 1942
Levels: Two

Features and Amenities

Interior Features:
Exterior Features:
View: Garden, HIS Sunset, Mountain(s), Ocean
Pool:
Pool Features:

Appliances: Dryer, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Ceramic Tile, Vinyl
Security: Closed Circuit Camera(s)
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Detached, None, Other
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name:
Association Fee: $0 Monthly
Stories: 2
Year Established: 2017
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: 23,196 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Interior Lot
Frontage:
Frontage Type:
Roads: County, Paved, Street Lights
Roads Frontage Type: HIS Road/Street
Zoning: CV-10
Horse Amenities:

Additional Details

Assessed Tax Value: $1,303,300
Annual Tax: $13,945
Tax Year: 2023
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
Cooling: HIS Air Conditioning, Wall/Window Unit(s)
Heating:
Sewer:
Water:
Solid Waste Disposal: Private Contractor

First Listed May 31, 2024, 8:22 am
Last Updated June 2, 2024, 6:25 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available: Accountant

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