Kailua-Kona, HI 96740,74-5042 PALANI RD
Kailua-Kona, HI 96740,74-5042 PALANI RD
Kailua-Kona, HI 96740,74-5042 PALANI RD
30
$759,000
$749,000
1.3%
Est.Price: ?

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5 BD
3 BA
2,068 SqFt

74-5042 PALANI RD Kailua-Kona, HI 96740

Est. payment /mo
SOLD DATE : 07/30/2021

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Hawaii Development Group

Hawaii Development Group

+1(808) 466-8442

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $759,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 2,068 sqft

Price per Sqft $367

Subdivision Kona Macadamia Acres

MLS Listing ID 650012

Sold Date 07/30/21

Bedrooms 5

Full Baths 3

Year Built 1980

Annual Tax Amount $5,054

Lot Size 9,314 Sqft

Property Description

- One large home split into (2) separate 3 bedrooms 2 bath living spaces or easily converted back to a large 6 bedroom, 4 bath single-family house. One bedroom and one bath are unpermitted.
- Completely renovated inside and out. Freshly painted.
- Centrally located 5-minute drive to downtown Kona and beaches
- Income-producing, read the great Airbnb reviews. 4.7-star rating for the last 8 years as a hosted Vacation Rental. 2020 gross revenue was 36K even during Covid. 2019 grossed $72,413 and 2018 was $91,970. Almost 40k in bookings for 2021 already! If choosing to continue this, it is completely turn-key.
- Plenty of parking for 4 cars. 2 under the carport. Wide driveway to turn around before leaving the property.
- Back Lanai has over 300 sqft. undercover with bbq area, extra seating, and optional lightning choices.
- Front Lanai has over 400sqft and is covered by a louvered Pergola. A ceiling fan, USB ports, BBQ, and optional lighting make this a popular outside seating and dining area.
- Fenced grassy yard for kids or your fur-babies, complete with producing mango trees
- Perfect 900ft elevation
- New Metal roof with special underlayment onto plywood with extra insulation and reflective heat barrier in attic keeps interior temps cool, so AC is rarely used.
- Over 2,000+ sqft of living area, plus 700 sqft of lanais, all on one level. No steps other than 5 leading to the backyard. Oversized lot for the neighborhood
- Seller Owned 36 panel photovoltaic system on NET metering. 5 years old with a 30-year warranty. Submeter for monitoring usage.
- 2 Large storage Sheds
- Double pained LowE windows for temperature and sound insulation.
- Large walk-in Marble tiled shower in back master bedroom
- 2 Master bedrooms with private bathrooms
- Low maintenance granite and marble flooring
- Massive back lanai perfect for morning coffee and enjoying your privacy
- Rockwall and natural privacy fencing

Location

State HI

Area North Kona

Zoning RS-7.5

Interior

Heating Window/Wall units

Cooling Window/Wall units

Flooring Concrete, Ceramic Tile, Marble, Stone

Exterior

Garage Covered, Attached

Fence Rock/Stone, Vinyl, Wooden

Pool No

View Forest, Garden, Mountain, Sunset

Building

Lot Description Grassy

Sewer Cesspool

Water County

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Listed by Keller Williams Realty Maui

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Hawaii Development Group

Broker | License ID: RB-23349

+1(808) 466-8442

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