92-8305 POKO DR Active Save Request In-Person Tour Request Virtual Tour
Ocean View,HI 96737
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $292
Subdivision Hovr
MLS Listing ID 719751
Bedrooms 5
Full Baths 3
Year Built 2019
Annual Tax Amount $1,452
Tax Year 2024
Property Sub-Type Single Family Residence
Property Description
2 Homes + 2017 Chevy Volt Plug-in Hybrid – Exceptional Coastal Investment Opportunity!
Discover a rare chance to own 6.859 acres of prime coastal land with two homes on separate titles, located in the peaceful southwestern corner of Ocean View Ranchos. Set at the end of a quiet street, these properties offer ultimate privacy, sweeping ocean views, and direct access to the soon-to-open Kahuku Pohue National Park. The historic King's Trail, a scenic coastal route dating back to the 1800s, lies just 500 feet away. If you're seeking a private retreat with future growth potential, this is it.
Property #1 – 92-8305 Poko Drive
A fully furnished 2,300 sq. ft. 3-bedroom, 2-bath home on 3.429 acres, this legal 30-day vacation rental boasts consistent 5-star reviews on Airbnb and VRBO. It earns approximately $35,000/year and could earn more with full-time operation or a long-term lease at $3,500/month. Features include a stunning 72-ft lanai with panoramic views, a photovoltaic off-grid system, and a massive 2,000 sq. ft. of potential buildable space beneath the home. Homeowner's insurance is just $1,500/year, offering low overhead for maximum return.
Property #2 – 92-8308 Poko Drive
On 3.43 acres, this charming 756 sq. ft., 2-bedroom, 1-bath home is at lock-up stage and ready for your finishing touch—estimated at around $30,000 to complete. It borders the National Park, providing unmatched natural beauty and future value. Septic is approved for up to 4 bedrooms, electrical rough-in is completed, and hardwood flooring is on-site and ready for installation. With comparable completed homes valued between $300K–$400K, this represents a phenomenal investment opportunity.
Live in one, rent the other, and enjoy coastal living at its finest!
Location
State HI
Community Hovr
Area 300128.4
Zoning A-3A
Interior
Hot Water Gas,Tankless
Flooring Vinyl
Exterior
Parking Features Other,Unassigned
Utilities Available Electricity Available,Natural Gas Available
View Y/N Yes
View Ocean,Other
Building
Lot Description Cleared,See Remarks
Sewer Cesspool
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Fee Simple,Standard
Virtual Tour https://youtu.be/mHLbniyQJE4