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Description

High-Income spacious two-story Vacation Rental in the Heart of Kailua-Kona Village with exceptional ocean/sunset views!Prime Commercial (CV10) Zoned Property just Block above Ali'i Drive. Ideal for residential, business, or mixed-use development (2,862 sq. ft. of total interior space).Discover one of Kona's most versatile and profitable investment properties! This centrally located free-standing building in Kailua-Kona Village offers both residential comfort and commercial potential; just steps from beaches, restaurants, shops, resorts and more!Income & Opportunity: - Proven high-income vacation rental: averaging $120,000 annually- Active and transferable STVR license- Commercial zoning allows flexible use: additional residential units, medical or business offices, or creative studio spacesUpper-Level Residence:- 1,538 sq. ft. of living space with central AC system as well as ceiling fans throughout- Spacious 3 bedrooms / 2 bathrooms- Expansive 462 sq. ft. covered lanai (porch) with stunning ocean and sunset views.- Bright living room with lots of natural light and more stunning sea/horizon views- Full kitchen, tiled dining area, and laundry roomLower-Level Space: - 1,324 sq. ft. of finished interior space- 3 large garage/studio bays with bathroom and laundry room- Additional expansive 480 sq. ft. private lanai (covered porch) with tropical garden views- Separate entrances, perfect for conversion into additional residential units, studios, or offices- Parking: 7 paved open spaces and driveway for easy access- Electric: Two separate 200-amp meters (upstairs & downstairs) for all your commercial/residential needsLive, work, and earn, all in one of Kona's most desirable and walkable locations...This property truly represents one of the best investment opportunities in Kailua Village today!