WAIAKEA HOMESTEADS 3RD SERIES 1023 Ainalako Rd, South Hilo
MLS® # 707950
An extraordinary property offering a myriad of opportunities on Hawaii Island! This versatile estate is a haven for those seeking a multi-functional/generational living space, with potential for multiple rentals, an owner's residence & expansive workshop facilities. At the pinnacle of the property, the main 3-bedroom, 1.5-bath home w/ comfortable spacious living. As you descend the property, you encounter a wealth of rental opportunities. A permitted ohana that includes a 1-bedroom, 2-bath front unit, with living room, remodeled kitchen, a flex and laundry rooms. The middle of the ohana has 1-bedroom, 1-bath, a kitchenette connected to a large studio, 1 bath, full-size washer/dryer & a large open lanai. All this can be one home or multiple rental opportunities. 3 attached, carport spaces make parking accessible. Showcasing the diversity & income potential of this unique property also includes another 'in-process' remodeled 2- bed., 2-bath apartment attached to the ohana presents a fifth living option, The pièce de résistance is an expansive 3-bay workshop garage; for car enthusiasts & craftsmen alike. This high-ceilinged space comes complete w/ storage & feed rooms, as well as equipment for working on cars. The landscape has various fruit-bearing & mac nut trees. This property offers a home & agricultural haven. Marvel at ocean views on the Hilo coastline. The location, close to Kaumana Elementary School & Saddle Road, ensures easy access to Kona & Hilo Towns. Embrace sustainability w/ a new 10KW photovoltaic system, boasting 40x270w panels, 39KW of total inverter output & a substantial 2240ah (108 KWh) battery bank. This eco-friendly setup powers all apartments, the ohana, & the workshop, making it not only versatile but also environmentally conscious. PV is robust enough to charge an EV. Don't miss the chance to explore this multi-purpose property that seamlessly blends functionality, comfort & income potential.
Dishwasher, Microwave Hood, Range/Oven, Refrigerator
Remodeled, Single Wall, Wood Frame
This Single Family Residence is priced at $1,395,000 and located at 1688-a Kaumana Dr, . With 7 Bedrooms and 8.00 Bathrooms, it offers a total of 6395 Square feet. This Residential was built in and its status is Contingent. This property is represented by Patti Kam of eXp Realty, Contact Number 8089603198, our team of Realtors can represent you at no additional cost.
MLS® # 707950
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Listing information last updated on May 15th, 2024 at 4:40pm HST.