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    94-2152 Pt Rd Ocean View, HI 96772

    For Sale
    $1,950,000

    Award-winning 5-room boutique hotel, seller financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional award-winning, 5-room luxury boutique hotel is situated on a 3-acre lot in the Kaʻu countryside on the Big Island's southern tip, near South Point and Green Sand Beach. The property includes a fully permitted lodge with a commercial kitchen, perfect for hosting community and private events. One suite boasts a galley kitchen for added guest convenience. The sale includes all furniture. Adding to its appeal is a detached 1,600 sq. ft., 3-bedroom, 3-bathroom farm dwelling, providing additional living space or rental potential. Further enhancing the property are a 596 sq. ft. farm storage building and a utility shed. An 800 sq. ft. greenhouse allows for on-site food cultivation, complemented by a mature avocado tree in the beautiful garden. The inn features large private suites with locally grown hardwood floors and private lanais, all elegantly furnished with designer beds and lush décor. Ample on-site parking is available. Its central location between Hawaii Volcanoes National Park and Puʻuhonua o Honaunau National Historic Park offers easy access to hiking trails, Punaluʻu Black Sand Beach, and the renowned Punaluʻu Bake Shop. Ocean and mountain views complete this stunning property. The property is zoned A-20A and was built in 2005. Seller financing is an option. The asking price is $1,950,000. This is a fee simple ownership. The property has 8 beds.

    Property Features for 94-2152 Pt Rd

    General Information

    Property type
    Hotels
    Lot Size
    130,680 SF

    Building Details

    Year Built
    2005

    HighLights

    • Award‑winning, 5‑room luxury boutique hotel on a 3‑acre lot in South Kona, Big Island.
    • Fully permitted lodge with commercial kitchen, ideal for events.
    • Includes a detached 3‑bed/3‑bath, 1,600 sq ft farm dwelling.
    • Additional outbuildings include a 596 sq ft storage building and a utility shed.
    • Features 8 beds, large suites with private lanais, and locally grown hardwood floors.
    • $1,950,000 asking price; seller financing available; fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Ocean View
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.6183182
    Latitude
    19.136395

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    FAQs

    What type of property is this?
    Hotel - Award-winning 5-room boutique hotel, seller financing available.
    Where is this hotel located?
    The property is located at 94-2152 Pt Rd Ocean View, HI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Award-winning, 5-room luxury boutique hotel on a 3-acre lot in South Kona, Big Island.; Fully permitted lodge with commercial kitchen, ideal for events.; Includes a detached 3-bed/3-bath, 1,600 sq ft farm dwelling.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    94-2152 Pt Rd Ocean View, HI 96772
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