Monique Peacock
mp@tcgkona.com
(808) 329-1111
The Commercial Group dba The Home Group

75-5648 Ololi Rd
$6,500,000
Price:
$6,500,000
Bedrooms:
0
Bathrooms:
Not Available
MLS:
(ACTIVE) 661667
Interior Area:
Not Available
Price/sqft:
$inf
Year Built:
Not Available
Lot Size:
0.85 acre(s)
Land Tenure:
Fee Simple
Property Type:
Multiple Property Types
On Market:
May 12, 2022
Updated:
Jun 02, 2022
Foreclosure:

Listing Remarks

One of a kind, sustainable Bamboo multi-unit property. Eight individual dwellings situated above Hawaiian historical gardens. These units offer secluded luxury living nestled in the heart of downtown Kona. Units are one bedroom, two bedroom, or two-bedroom with loft. They have stunning 180 degree ocean views from the lanais. The property is walking distance to everything,…the ocean, dining and entertainment, shopping, Ironman start/finish, and much more. Secure, private parking located inside the gated entry with access to ample over-flow parking.

Perfect for an island getaway or vacation rental property. Vacation rentals are permitted. (Short-term vacation rental permits in place)

Residential and commercial use allowed.

Floor plans include:
2 x 2 bed/2 bath 1294 sq ft units with loft, private lanai, and deck
2 x 2 bed/2 bath 1152 sq ft units with private lanai
4 x 1 bed/1 bath 768 sq ft units with private lanai
*2 of the units are pending final completion (permitted and awaiting final interior finishes). Bamboo finishing materials located on site. Amended public declaration pending completion during escrow.

All future short term vacation rental bookings to be honored upon sale of property, a list of existing bookings to be provided in escrow. Buyer to do their own due diligence regarding all pertinent facts.
Purchase of multiple units is also an option although ownership of units will be CPR ownership. CPR aproved in 2018.
Maintenance dues amount pending.

Property Location



Public Reports

Other Details

Address: 75-5648 Ololi Rd , Ck Hale 96740
Lat/Long: 19.64219693 | -155.9944464
Taxkey: 3750040240000
Project Name: CK Hale
Property Type: Multiple Property Types
Full Baths:
Three Quarter Baths:
Half Baths:
Quarter Baths:
Land Area:
Oceanfront Parcel: N
Pool: N
Condo Maint. Fees: $0
Annual Tax: $9,943
Assessed Value: $668,300
Assessment Year: 2021
Zoning: V-1.25
Assessed Land Value: $853,900
Assessed Improvements Value: $85,600
Annual Tax (Year): 2015
Garage Area: 0 sqft
Fencing:
  • Electric
  • Full
  • Rock/Stone
Roads:
  • County
  • Paved
Topography:
  • Gentle Slope
Sewage:
  • Sewer-Connected
The View:
  • Mountain
  • Ocean Horizon
  • Sunrise
CSB** : 2.5
** Cooperating Broker Compensation: The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.