73-4738 KOHANAIKI RD

Welcome to a great investment opportunity. Build your own beautiful large home on this lot while living in the existing smaller home on the lot and renting out, either short or long term, two one-bedroom units. The existing main home is a 3-bedroom 2-bath home with a lanai and ocean and sunset views.
This is an agricultural zoned lot with this newly built three-unit structure (2017) offering secluded living. Currently, the owner occupies the largest of the units and is host to 2 short term Airbnb units. With over 49,000 square feet of property, your imagination is endless. Zoning allows for the opportunity for a larger home to be built on the lot. This home is also a must-see if you are interested in rental income. The seller had future plans to build a second home on the property but was transferred for work purposes. The current three-unit structure was intentionally built on the back side of the property to allow for future development of the large home. The property is at an elevation of 1,400 feet so gardening opportunities are endless. Enjoy the sunsets, large open space, and over 10 different varieties of fruit trees. These include banana, papaya, mango, soursop, guava, mamaki, lemon, orange, and more.
MLS #:669681

Listing courtesy of Chris Fidelibus at RE/MAX Honolulu