78-6649 Alii Dr, Big Island, HI 96740

$1,475,000
8
BD
8
BA
2,400
SqFt
Sold Price
$1,475,000
List Price
$1,475,000
Status
CLOSED
Type
Multifamily
MLS#
709340
Days on Market
114
Closing Date
Oct 10, 2024
Land Area
4,348
Year Built
1966
Property Type
Residential Income
Neighborhood
Kahaluu Beach Lots
Land Tenure
Fee Simple

Property Description

This rare offering includes two contiguous properties located on the mauka side of Alii Drive just a short walk from iconic Kahaluu Beach and surf break. The properties are all favorably zoned V-1.25: Resort-Hotel District whereby Short Term Vacation Rentals are permissible:-<br><br>(1) TMK#3-7-8-14-10 is 4,348 sqft in area and fronts Alii Drive. Located on this parcel is Kahaluu Apartments a two story apartment building comprised of 4 units. Each unit has a generous sized living area of 600sqft containing 2 bedrooms/1.5 bathrooms together with exterior covered west facing lanais. Ocean views can be enjoyed from the two upper units.<br><br>(2) TMK#3-7-8-14-20 is 4,648 sqft in area and has easement access from Alii Drive. This parcel is a vacant lot. <br><br>This offering offers serious consideration for residents, investors and developers alike. Property to be sold as one Estate and not individually.<br><br>Video of Kahaluu Apartments: https://vimeo.com/902800395/716e79a90f?share=copy

Additional Information

Island
Big Island
Utilities
Cable Available, Electricity Available, Phone Available
View
Bay, HIS Sunrise, Ocean
Lot Size
4,348
Neighborhood
Kahaluu Beach Lots
Frontage
HIS Road/Street
Year Built
1966
Sewer
Septic Tank
Parking Features
Unassigned
Lot Features
Interior Lot
Zoning
V-1.25

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Sue Brown Realty and Associates. Selling Office: .

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