92-8305 Poko Dr

Description

2 Homes + 2017 Chevy Volt Plug-in Hybrid Exceptional Coastal Investment Opportunity!Discover a rare chance to own 6.859 acres of prime coastal land with two homes on separate titles, located in the peaceful southwestern corner of Ocean View Ranchos. Set at the end of a quiet street, these properties offer ultimate privacy, sweeping ocean views, and direct access to the soon-to-open Kahuku Pohue National Park. The historic King's Trail, a scenic coastal route dating back to the 1800s, lies just 500 feet away. If you're seeking a private retreat with future growth potential, this is it.Property #1 92-8305 Poko DriveA fully furnished 2,300 sq. ft. 3-bedroom, 2-bath home on 3.429 acres, this legal 30-day vacation rental boasts consistent 5-star reviews on Airbnb and VRBO. It earns approximately $35,000/year and could earn more with full-time operation or a long-term lease at $3,500/month. Features include a stunning 72-ft lanai with panoramic views, a photovoltaic off-grid system, and a massive 2,000 sq. ft. of potential buildable space beneath the home. Homeowner's insurance is just $1,500/year, offering low overhead for maximum return.Property #2 92-8308 Poko DriveOn 3.43 acres, this charming 756 sq. ft., 2-bedroom, 1-bath home is at lock-up stage and ready for your finishing touchestimated at around $30,000 to complete. It borders the National Park, providing unmatched natural beauty and future value. Septic is approved for up to 4 bedrooms, electrical rough-in is completed, and hardwood flooring is on-site and ready for installation. With comparable completed homes valued between $300K$400K, this represents a phenomenal investment opportunity.Live in one, rent the other, and enjoy coastal living at its finest!