96-1061 Ctr Rd Pahala, HI 96777
- Hospitality properties
- 4,000 SF
- 11.43 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 96-1061 Ctr Rd
- Year built
- 1915
- Lot size
- 11.43 lot acres
- Property size
- 4,000 SF
- Property type
- Hospitality properties
Description
This exceptional 11.43-acre property in Pahala, Hawaii (96-1061 Center Rd, 96777), presents a unique investment opportunity. The "Ke Moku'aina Maka'i" (Realm of Goodness) encompasses four buildings totaling 4,000 square feet, including a five-bedroom main house used as a short-term rental, two long-term rental cottages, and a two-bedroom caretaker's home. A smaller caravan provides additional guest accommodations. The property boasts 3,500 square feet of net rentable space with 100% occupancy. Built between 1915 and 1980, with renovations spanning 1976-2023, the structures are well-maintained and recently painted, featuring a new walk bridge (2023). The land includes excellent pasturage (currently supporting seven sheep) and farmland suitable for coffee or other crops. A natural wash adds to the property's beauty and provides natural separation between residences. Enjoy breathtaking views of the mountain range and the Pacific Ocean, along with established meditation paths. This fee-simple property is zoned A-20a and offers a blend of short-term and long-term rental income streams, making it ideal for owner-users seeking a profitable and idyllic lifestyle. The property's history and charm, combined with its income potential and stunning location, make it a truly exceptional offering. The asking price is $1,200,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pahala
- County
- Hawaii
- State
- Hawaii
- Longitude
- -155.481
- Latitude
- 19.2735
