73-1082 Mahilani Drive
Listed By Compass
Contingent
Listed By Compass
Contingent

Description
Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process.
Major demolition, permitting, foundation work, and half of the framing are already complete. You can choose your favorite final finishes without the hassle of removing existing ones. The current...Dream Custom Home in Hawaii: Unique Investment Opportunity
Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process.
Major demolition, permitting, foundation work, and half of the framing are already complete. You can choose your favorite final finishes without the hassle of removing existing ones. The current owner/contractor is available to advise on the next steps and share contacts with reputable subcontractors.
Currently livable at 1,192 sqft, this 1-bed, 1.5-bath home can be finished to a 3/2.5 in phases. Designed for unobstructed ocean views from the living room, all bedrooms, and a rooftop deck engineered to support a hot tub, this home offers stunning sunsets every night.
Features include an outdoor shower, a fishpond with a waterfall, and custom kitchen cabinets made of quarter-sawn white oak and teak. The master bedroom includes an all-teak accent wall, floating vanities with LED lighting, and a shower with a 16” rain head. Wide plank European oak floors add a touch of elegance.
The property boasts old-growth palms, coconuts, papaya, lilikoi, and colorful flowers. Located in a neighborhood with underground utilities, no power lines obstruct your views. Situated at the bottom of a quiet street, this home offers peace and privacy.
This rare opportunity allows you to live in the home as-is and finish within the permit's 5-year span or complete construction quickly to capitalize on instant equity. Whether for investment or a forever home, this property can fulfill your dreams.
Plans have been drawn, stamped by structural and mechanical engineers, and approved and stamped by the county. The building permit is currently open and is transferable to the new owner with a $100 transfer fee.
Cash or 1031 exchange only.
Listing Agent
- leo.dodier@compass.com
P: (808)-308-8884
Property Details for 73-1082 Mahilani Drive
Property Details for 73-1082 Mahilani Drive
Status | Contingent |
---|---|
MLS # | 713735 |
Days on Market | 175 |
Taxes | $1,867 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Detached |
Year Built | 1987 |
Lot Size | 0.20 AC / 8,576 SF |
County | Hawaii County |
Building Information for 73-1082 Mahilani Drive
Property Information for 73-1082 Mahilani Drive
- Topography: Fairly Level
- Latitude: 19.72624315
- Location: 73-1082 MAHILANI DR
- Longitude: -155.98876254
- Oceanfront Parcel: N
- Street: MAHILANI DR
- Street Address Full: 73-1082 MAHILANI DR KAILUA-KONA HI 96740
- Street Number: 73-1082
- City: KAILUA-KONA
- District: North Kona
- Zip Code: 96740
- Fees-Association (Monthly): $0
- Fees-Association (Yearly): $0
- Exempt Amount: $140,900
- Tax Year: 2024
- Taxes (Annual): $1,866.52
- Taxkey: 3-7-3-44-49
- Taxkey9: 373044049
- Vehicle Storage/Parking: Other (remarks)
- Tours: 0
- Roads: Paved, Street Lights, County
- Agriculture Dedicated: No
- Elevation Low: 1000.0
- Year Built Maximum: 1987
- Year Built Minimum: 1987
- Interior Area (Total): 1192.0
- Land Area: 8576.0
- Lot Description - Land: Inside
- Lot Number: C-49
- Flood Zone: X
- Lava Zone: 4
- Disclosure Form: Yes
- Assessed Value: $454,600
- Assessment Year: 2024
- Property Type: Residential
- Photos: 27
- Power: Underground
- Wastewater: Cesspool
- Water: Municipal
- Solid Waste Disposal (Trash): None
- Fence/Wall: Rock/Stone
- Pool: N
- Washer/Dryer: Stacked Washer/Dryer
- TV Availability: Cable
- Telephone Availability: Cell
- Appliances: Dishwasher, Microwave, Refrigerator, Range/Oven
- Bathrooms (Total): 1
- Baths 1/2 (Total): 1
- Baths 1/4 (Total): 0
- Baths 3/4 (Total): 0
- Baths Full (Total): 1
- Bedrooms (Total): 1
- Floor Covering: Hardwood
- Internet Availability: Cable
- Common Area Expenses: No
- Ownership: Full
- Media Changed: 09-26-2024
- Terms Acceptable: Cash, 1031 Exchange
- Listor Name: Leo J Dodier
- Days on Market: 175
- First Photo Sequence: 1
- Subtype of Listing: Detached
- Remarks - Public: Dream Custom Home in Hawaii: Unique Investment Opportunity<br><br>Ever dreamed of owning a custom home in Hawaii? This property is a solid investment with positive equity potential. All building plans are stamped and approved by engineers and the county, ensuring a smooth continuation of the construction process.<br><br>Major demolition, permitting, foundation work, and half of the framing are already complete. You can choose your favorite final finishes without the hassle of removing existing ones. The current owner/contractor is available to advise on the next steps and share contacts with reputable subcontractors.<br><br>Currently livable at 1,192 sqft, this 1-bed, 1.5-bath home can be finished to a 3/2.5 in phases. Designed for unobstructed ocean views from the living room, all bedrooms, and a rooftop deck engineered to support a hot tub, this home offers stunning sunsets every night.<br><br>Features include an outdoor shower, a fishpond with a waterfall, and custom kitchen cabinets made of quarter-sawn white oak and teak. The master bedroom includes an all-teak accent wall, floating vanities with LED lighting, and a shower with a 16” rain head. Wide plank European oak floors add a touch of elegance.<br><br>The property boasts old-growth palms, coconuts, papaya, lilikoi, and colorful flowers. Located in a neighborhood with underground utilities, no power lines obstruct your views. Situated at the bottom of a quiet street, this home offers peace and privacy.<br><br>This rare opportunity allows you to live in the home as-is and finish within the permit's 5-year span or complete construction quickly to capitalize on instant equity. Whether for investment or a forever home, this property can fulfill your dreams.<br><br>Plans have been drawn, stamped by structural and mechanical engineers, and approved and stamped by the county. The building permit is currently open and is transferable to the new owner with a $100 transfer fee. <br><br>Cash or 1031 exchange only.
- REversion: 600
- Sale Type: Standard Sale
- DZS: 373
- Showing Instructions: Call Listor, Mechanical Lock Box, Other (remarks)
Property History for 73-1082 Mahilani Drive
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 73-1082 Mahilani Drive
Schools near 73-1082 Mahilani Drive
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Kealakehe Elementary School PublicPK to 5 | ||
Kealakehe Intermediate School Public6 to 8 | ||
Kealakehe High School Public9 to 12 | ||
West Hawaii Explorations Academy - Public Charter School Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near Kona Highlands
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.