28-3296 BEACH RD Pepeekeo, HI 96783

$1,795,000

4

Bedrooms

4

Total Baths

3

Full Baths

3,311

Square Feet

1.97

Acres

Year Built

114 days

On Website

Active

Status

VACATION RENTAL PERMIT ON THE OCEAN! A perfect retreat home and property to hide out and be self-sufficient while surrounded by gorgeous rolling green pastures running to the blue sparkling sea. This property may be the only agriculturally zoned vacation rental on the coast with a renewable and transferable legal permit to operate a short-term, 3/3.5 vacation rental as a prior non-conforming use. Oceanfront and located on the pristine, low-density Hamakua Coast of the Big Island, this estate is on the private, gated and desirable Beach Rd. approx. 10 miles from historic Hilo Bay. The portion of land where the home is located spans 1.97 ac. however the sale also includes an additional large, private recorded easement, a walking path extending all the way to the stunning, rugged cliffs overlooking the Pacific Ocean. As an investment, the home has a proven history as a short-term vacation rental pre-covid and, will be busy again soon. The rental revenues are likely to exceed historical numbers given the ban on many vacation rentals located on agriculturally zoned land. The fact that this property is legal for that use is valuable if income is your goal. Modern luxury w/Craftsman details are uniquely embodied in the main home of 4 bedrooms and 3.5 baths for a total of 3,311 sqft. of living space. Every detail was carefully selected, and quality crafted to compliment the combination of concrete accent walls as well as concrete and hardwood flooring, unique fans and light fixtures, interior and exterior hand-mixed colors, local island woods, and abundant glass. The home is also a tribute to self-sufficient living w/a full photovoltaic 34 panel, 260-watt system and a private well making the home not only safe and private but independent. An oversized 850 sqft. garage with a workshop and a multi-purpose room upstairs adds even more value. OWNER FINANCING MAY BE AVAILABLE w/a substantial down and acceptable credit. NOTE: STVR PERMIT IS FOR 3/3.5.

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Details


Interior
Appliances
Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Other (remarks)
Bathrooms Full
3
Bathrooms Half
1
Bathrooms Total
4
Bedrooms Total
4
Flooring
Concrete, Hardwood, Laminate, Stone, Other (remarks)
Living Area
3,311 SqFt.
Washer/Dryer
Dryer,washer

Building And Construction
Property Sub Type
Single Family Residence
Property Type
Residential

Exterior And Lot
Lot Size Acres
1
Lot Size Square Feet
85813
Zoning
A-20A

Area And Schools
City
Pepeekeo
District
Hamakua Coast S. Hilo
Lava Zone
8
Subdivision Name
Pepeekeo Point Subdivision

Financial Info
Association Fee
8.33
Land Tenure
Fee Simple
Sale Type
Standard Sale
Tax Annual Amount
$9,070.00

Additional Info
Exterior Area (Total)
Fence/Wall
Rock/Stone,wire
Garage Area (Total)
850
Lot Description - Land
Clear,grassy,other (remarks)
Oceanfront Parcel
N
Power
Gas,solar/Photovoltaic,other (remarks),underground
Solid Waste Disposal (Trash)
None
TV Availability
Satellite
Telephone Availability
Cell,land Line,satellite
Vehicle Storage/Parking
Detached
Year Built Maximum
2015
Year Built Minimum
2015

Listing By Corcoran Pacific Properties

MLS# 643148

Data Last Updated 5:14pm - 11/30/2020

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