75-5874 WALUA RD Active Save Request In-Person Tour Request Virtual Tour
Kailua-kona,HI 96740
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 2,758 sqft
Price per Sqft $1,450
MLS Listing ID 710865
Bedrooms 6
Full Baths 3
Half Baths 1
Year Built 1942
Annual Tax Amount $13,945
Tax Year 2023
Property Sub-Type Hotel/Motel
Property Description
This rare 23,196 sq ft fee simple property fronts Walua Road on the eastern side and backs up to Alii Drive on the western side. Located within the boundaries of Kailua Village, the subject property is favorably zoned CV-10 and is surrounded by commercial and condominium buildings.
Gracing this one of a kind property is the Kona Beach Hostel, a business established in 2017 and featuring two landmark updated and reconfigured plantation homes ("Plumeria" and "Pikake"). In total Kona Beach Hostel has 15 bedrooms and 7 bathrooms.
Both buildings have views of the ocean and are fringed on the northern, southern and eastern sides by shady and colorful trees and shrubs that provide a good deal of privacy. Within the grounds are designated parking areas as well as four tastefully appointed gazebos.
This special property is located within easy walking distance of downtown Kailua.
Video of property: https://vimeo.com/947317575/5463a95928?share=copy
Location
State HI
Area 23196.0
Zoning CV-10
Interior
Hot Water Electric,Solar
Cooling HIS Air Conditioning,Wall/Window Unit(s)
Flooring Ceramic Tile,Vinyl
Exterior
Parking Features Detached,None,Other
Utilities Available Cable Available,Electricity Available,Phone Available,Sewer Connected
View Y/N Yes
View Garden,HIS Sunset,Mountain(s),Ocean
Building
Lot Description Interior Lot
Story 2
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Fee Simple,Standard
Virtual Tour https://vimeo.com/947317575/5463a95928?share=copy