57-493, 495, 501 & 503 Kamehameha Hwy
Kahuku, HI 96731

For Sale
Active
List Price
$8,998,000 (FS)
Property Type:
Single Family
Bedrooms:
11
Full Baths:
7
Half Baths:
0
Land Area (sf):
38,259
Living (sf):
5,642
Lanai (sf):
2,206
Other (sf):
--
Parking Stalls:
16 - 3 Car+
MLS #:
201721930
Island:
Oahu
Region:
North Shore
Neighborhood:
KAWELA BAY
TMK:
1-5-7-005-006-0000
List Date:

REMARKS:

Four beachfront homes with rare, legal, vacation rental licenses. Over 38, 000 sf of fee simple land, 208 feet of beachfront, located between Turtle Bay Resort and North Shore’s Gold Coast of Surfing. Year-round sunset views. Ideal for a family compound or partnership; popular for weddings & family reunions. Each home can be owned separately while operated as a single business. KAWELA KAI NANI is a unique opportunity for renovation and re-branding while providing stable income and 4 second homes. Superb investment with substantial upside potential and limited downside risk. Sale includes 4 separately deeded tax keys (1-5-7-005:006 (0001&2)&007(0001&2)) each with over 50’ of oceanfront. All homes are above the flood zone level and protected by a permitted shoreline revetment built in 1987.

PROPERTY INFORMATION:

Zoning:
5 - R-5 Residential
Furnished:
Full
Year Built:
1984
Year Remodeled:
2014

FINANCIAL INFORMATION:

Assd. Val. Land:
$4,379,500
Assd. Val. Imprv:
$477,400
Assd. Val. Total:
$4,856,900
Tax Year:
2017
Monthly Taxes:
$2,142
Home Exempt.:
$0

SCHOOLS:

Elem. School:
Kahuku
Middle School:
Kahuku
High School:
Kahuku

OTHER PROPERTY FEATURES:

Frontage:
Ocean, Sandy Beach
View:
Coastline, Mountain, Ocean, Sunset
Pool:
None
Amenitites:
PATDEC, Wall/Fence
Inclusions:
AC Window Unit, Blinds, Cable TV, Ceiling Fan, Dishwasher, Dryer, Lawn Sprinkler, Microwave, Other, Range Hood, Range/Oven, Refrigerator, Security System, Smoke Detector, Washer
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
One, Two
Building Style:
CPR, Detach Single Family, Multiple Dwellings
Property Condition:
Above Average
Construction:
Above Ground, Double Wall, Wood Frame
Roofing:
Asphalt Shingle
Floor Covering:
Ceramic Tile, W/W Carpet
Disclosures:
1031 Exchange, Licensed Owner, Property Disclosure Stmt, Relative of Licensee
Possession:
Subject to Rental Lease
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
Cable, Other, Telephone
Set-Backs:
C&C, Of Record

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Sunday, February 18, 2018.  Information is deemed reliable but not guaranteed.  Copyright: 2018 by HiCentral MLS, Ltd.  Listing courtesy of Team Real Estate, Inc.