75-5941 Walua Road, Unit 3

Kailua-Kona, HI 96740

$1,599,000
Price
2
Beds
2,344 Sq. Ft.
$682 / Sq. Ft.
2,344
Sq. Ft.
$682
per Sq. Ft.

Description

Many possibilities with this 3 unit two-story duplex plus studio located in Kailua Kona near Ali'i Drive and Kuakini Highway. Unit 1: Just received the STVR permit for this unit which is transferrable to new owner. Two-car garage with stack washer and dryer. Newly remodeled living area, kitchen with new appliances with huge island on the second floor. 180 degree ocean view looking through the big glass doors to the lanai. It feels like a treehouse because you're high above the trees. The large primary...Many possibilities with this 3 unit two-story duplex plus studio located in Kailua Kona near Ali'i Drive and Kuakini Highway. Unit 1: Just received the STVR permit for this unit which is transferrable to new owner. Two-car garage with stack washer and dryer. Newly remodeled living area, kitchen with new appliances with huge island on the second floor. 180 degree ocean view looking through the big glass doors to the lanai. It feels like a treehouse because you're high above the trees. The large primary bedroom and bathroom suite on the 3rd floor which has also been remodeled. Unit 2: Just received STVR permit which is transferrable to new owner. Living area, kitchen area, and lanai on the 2nd floor. Primary suite with full bathroom on the third floor all remodeled. Multiple storage closets and rooms throughout. Unit #3 The efficiency studio has been enclosed as a home for the owners mother, with a washer/dryer, and a full bathroom. Great opportunity to acquire this legal duplex in the middle of Kailua Kona town. This property is not currently used as a short-term vacation rental. However, short-term vacation rentals are an allowed use in commercial village zoning. Furnishings may be purchased separately for $25,000. The information herein may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents & Buyers must independently verify any info they deem material or important to their purchase along with zoning and use confirmed with the State and County of Hawaii.
  1. Listed by Cindy Griffey • License #RS-47638 • eXp Realty

Property Details for 75-5941 Walua Road, Unit 3

Subdivision
WAIAHA 1ST - PUAPUAANUI 1ST
Zoning
CV-10
Land Tenure
Fee Simple
LISTING UPDATED: 12/18/2024 07:01 PM

Property Details for 75-5941 Walua Road, Unit 3

StatusContingent
MLS #715048
Days on Market94
Taxes$2,694 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Units
Year Built1998
Lot Size0.23 AC / 10,209 SF
CountyHawaii County

Building Information for 75-5941 Walua Road, Unit 3

Stories-Residences-Year Built1998Building Size-Lot Size0.23 AC / 10,209 SF

Property Information for 75-5941 Walua Road, Unit 3

Summary
Location and General Information
  • Topography: Fairly Level
  • Latitude: 19.62764662
  • Location: 75-5941 WALUA RD
  • Longitude: -155.98422253
  • Oceanfront Parcel: N
  • Street: WALUA RD
  • Street Address Full: 75-5941 WALUA RD #3 KAILUA-KONA HI 96740
  • Street Number: 75-5941
  • City: KAILUA-KONA
  • District: North Kona
  • Zip Code: 96740
Taxes and HOA Information
  • Fees-Association (Monthly): $0
  • Fees-Association (Yearly): $0
  • Exempt Amount: $0
  • Tax Year: 2024
  • Taxes (Annual): $2,694.00
  • Taxkey: 3-7-5-17-14
  • Taxkey9: 375017014
Parking
  • Vehicle Storage/Parking: Covered, Attached
Virtual Tour
  • Tours: 0
Property
Lot Information
  • Roads: Paved, County
  • Structures: Yes
  • Agriculture Dedicated: No
  • Design: Double Wall, Remodeled, Wood Frame
  • Year Built Maximum: 1998
  • Year Built Minimum: 1998
  • Interior Area (Total): 2344.0
  • Land Area: 10209.0
  • Lot Description - Land: Inside, Clear
  • Lot Number: 31-A-1
  • Frontage: Road/Street
  • Flood Zone: X
  • Lava Zone: 4
Property and Assessments
  • Disclosure Form: Yes
  • Assessed Value: $1,002,100
  • Assessment Year: 2024
  • Property Type: Multi-Family
  • Photos: 30
Utilities
  • Power: Overhead
  • Wastewater: Septic
  • Water: County
  • Solid Waste Disposal (Trash): County-No Charge
Interior and Exterior Features
Exterior Features
  • Fence/Wall: Rock/Stone
  • Pool: N
Interior Features
  • TV Availability: Cable
  • Telephone Availability: Cable, Cell
  • Bathrooms (Total): 2
  • Baths 1/2 (Total): 2
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 2
  • Bedrooms (Total): 2
  • Floor Covering: Carpet, Laminate, Vinyl
  • Internet Availability: Wireless, Cable
Multi Family
Multi-Family Information
  • Bldg Units: 3
Income & Expenses
  • Common Area Expenses: No
Agent
Sale and Listing
  • Ownership: Full
  • Media Changed: 11-20-2024
  • Terms Acceptable: 1031 Exchange, Cash, Conventional, VA
  • Listor Name: Cindy N Griffey
  • Days on Market: 94
  • First Photo Sequence: 23
  • Sub-agency offered?: No
  • Subtype of Listing: 3 Units
  • Remarks - Public: Many possibilities with this 3 unit two-story duplex plus studio located in Kailua Kona near Ali'i Drive and Kuakini Highway.<br><br>Unit 1: Just received the STVR permit for this unit which is transferrable to new owner.<br>Two-car garage with stack washer and dryer. Newly remodeled<br>living area, kitchen with new appliances with huge island on the second floor. 180 degree ocean view looking through the big glass doors to the lanai. It feels like a treehouse because you're high above the trees. The large primary bedroom and bathroom suite on the 3rd floor which has also been remodeled.<br><br>Unit 2: Just received STVR permit which is transferrable to new owner.<br>Living area, kitchen area, and lanai on the 2nd floor.<br>Primary suite with full bathroom on the third floor all remodeled.<br>Multiple storage closets and rooms throughout.<br>Unit #3 The efficiency studio has been enclosed as a home for the owners mother, with a washer/dryer, and a full bathroom.Great opportunity to acquire this legal duplex in the middle of Kailua Kona town.<br><br>This property is not currently used as a short-term vacation rental. However, short-term vacation rentals are an allowed use in commercial village zoning. Furnishings may be purchased separately for $25,000.<br><br>The information herein may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents & Buyers must independently verify any info they deem material or important to their purchase along with zoning and use confirmed with the State and County of Hawaii.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 375
Showing and Remarks
  • Showing Instructions: Same Day Notice, Buyer Agent Must Be Present

Property History for 75-5941 Walua Road, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 75-5941 Walua Road, Unit 3

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Kahakai Elementary School
PublicPK to 5

Kealakehe Intermediate School
Public6 to 8

Kealakehe High School
Public9 to 12

Innovations - Public Charter School
CharterK to 8

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.

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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.

Listing Courtesy of eXp Realty, Cindy Griffey, License #RS-47638