CK Hale

$6,500,000

  • MLS® #: 661667
  • 75-5648 Ololi Rd
  • North Kona, Hawaii 96740

CK Hale

$6,500,000

  • MLS® #: 661667
  • 75-5648 Ololi Rd
  • North Kona, Hawaii 96740
0 Beds
0 Baths
37,127 Sqft
.85 Acres
Year Built
  • Overview 37127 SQ. Feet, 0.85 Acres
  • Listing Type Multi-Family
  • Office: The Commercial Group LLC

One of a kind, sustainable Bamboo multi-unit property. Eight individual dwellings situated above Hawaiian historical gardens. These units offer secluded luxury living nestled in the heart of downtown Kona. Units are one bedroom, two bedroom, or two-bedroom with loft. They have stunning 180 degree ocean views from the lanais. The property is walking distance to everything,…the ocean, dining and entertainment, shopping, Ironman start/finish, and much more. Secure, private parking located inside the gated entry with access to ample over-flow parking. Perfect for an island getaway or vacation rental property. Vacation rentals are permitted. (Short-term vacation rental permits in place) Residential and commercial use allowed. Floor plans include: 2 x 2 bed/2 bath 1294 sq ft units with loft, private lanai, and deck 2 x 2 bed/2 bath 1152 sq ft units with private lanai 4 x 1 bed/1 bath 768 sq ft units with private lanai *2 of the units are pending final completion (permitted and awaiting final interior finishes). Bamboo finishing materials located on site. Amended public declaration pending completion during escrow. All future short term vacation rental bookings to be honored upon sale of property, a list of existing bookings to be provided in escrow. Buyer to do their own due diligence regarding all pertinent facts. Purchase of multiple units is also an option although ownership of units will be CPR ownership. CPR aproved in 2018. Maintenance dues amount pending.

Essential Information

MLS® #661667
Price$6,500,000
Bathrooms0.00
Square Footage37,127
Acres0.85
TypeMulti-Family
Land TenureFee Simple
StatusContingent
Assesed Value$668,300

Community Information

Address75-5648 Ololi Rd
SubdivisionLANIHAU 1ST - HIENALOLI 1ST
Building NameCK Hale
StateHawaii
Zip Code96740

Amenities

View

Mountain, Ocean Horizon, Sunrise

Additional Information

Date ListedDecember 2nd, 2021
Days on Market170
ZoningV-1.25
Description Land TenureFee Simple

Listing Details

OfficeThe Commercial Group LLC

Property History

Status Changed from Active to Contingent
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Quick Details

This Property is priced at $6,500,000 and located at 75-5648 Ololi Rd, . With Bedrooms and 0.00 Bathrooms, it offers a total of 37127 Square feet. This Multi-Family was built in and its status is Contingent. This property is represented by Monique Peacock of The Commercial Group LLC, Contact Number 8083291111, our team of Realtors can represent you at no additional cost.

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Listing information last updated on May 21st, 2022 at 6:36am HST.