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    OFF-MARKET
    Hospitality properties

    94-2152 Pt Rd, Ocean View, HI 96772

    3 ac lot Built 2005
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Hospitality properties
    Year built 2005
    Lot 3 ac (130,680 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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