77-6300 Alii Dr

Description

Price reduction of $650,000Come Home to Laimana!Renovate this historic property and live on one of the most famous waterfront properties in Hawaii! The property is steeped in Hawaiian history and is one of the most beautiful oceanfront properties along the Kona coast. Midway between Kona and Keauhou, this is an ideal location for the discriminating buyer who wants to experience a slice of old Hawaii. Imagine sitting on the lanai and reading about how King Kamehameha learned to surf here. This was the gathering place for Hawaiian royalty and later on for Kona residents along Alii Drive.Nestled between two of Hawaii Island's premier surf beaches, Banyans and Lymans, the property has 250 feet of direct waterfront. The 0.78-acre property hosts two old homes totaling 2,800 square feet. The houses can be renovated keeping the existing footprints and breakwater foundation walls as well as the old swimming pool right on the water. Additional square footage can be constructed on the Alii Drive side of the homes. The existing setbacks remain in place because the homes were originally permitted in 1957. There are no archaeological or heritage site issues.This one-of-a-kind historic property has full on views of a multi-colored turquoise bay, the coconut grove at Kamoa Point, the surf and the most spectacular sunsets year around. Sit on your lanai and watch the surfers with 180-degree views of the ocean and coastline. Watch the paddlers, whales and sight-seeing boats pass by. Listen to the waves and watch the ever-changing tides.The main home boasts 2,134 square feet under roof and has 4 bedrooms and 3 baths. The second home has 660 square feet, 2 bedrooms and one bath. There is also a carport. The residences are single-wall construction.This is one-of-a-kind opportunity. The Seller's agent has had discussions with the county planning department and has a full understanding as to what can be done to turn this into your one-of-a-kind oceanfront home!