RENTAL INCOME, VIEWS, LEAST EXPENSIVE PER SQUARE FOOT IN KOHALA RANCH, This 3.32 ac. single story Meadows home of 5,258 sqft. with ocean and coastline views is the least expensive house on a square foot basis on the market in Kohala Ranch as of 11/10/22. Average per square foot cost for other active and sold Kohala Ranch listings of comparable size is $683.00; subject property is only $436.00! This home has the rare value-added feature of being two separate and private living quarters under one roof in addition to a multipurpose room of 1,296 square feet: perfect for multi-generational living, rental income, or creative spaces. • Total square footage under roof approx. 7,276 sqft. and a total bedroom count of 5 with 6 bathrooms, 2 garages (5 cars), 2 laundry rooms, small media room and office. Improvements: Sellers have added new flooring, cabinets, fixtures, lighting, wainscotting, doors, tile, baseboards, fencing, entry gate and more. SEE MATTERPORT VIDEO ATTACHED AS IT EXPLAINS VISUALLY. • Main house of 2,394 sqft. w/3 bedrooms and 2.75 bathrooms. Acacia wood flooring, an oversized primary bedroom and bath, cozy media room and a separate ocean view room for use as an office or hobby room and, 688 sqft. of covered lanai on the ocean side of the home all surrounded by well-established gardens. • Fully paid for leased solar system runs through 2035. Monthly cost approx. $30.00 for conventional electric. • Live in the main home, rent out the 2/2 guest house w/a 2-car garage approx. 1,568 sqft. The 1,296 sqft. multi-purpose room w/ocean view and private lanai could serve as a 6th bedroom or large family gathering/media room/gym. • 2 garages: one 3-car of 770 sqft. w/a work bench and a 2-car garage of 560 sqft. • Workshop/potting shed and reverse osmosis water system. • Pasture fencing for livestock should new owner wish to continue w/similar activity for reduced taxes under agricultural zoning—buyer to seek professional advice on thismatter.
Listing courtesy of COMPASS.
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