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28-3296 BEACH ROAD

Pepeekeo
VACATION RENTAL PERMIT ON THE OCEAN! A perfect retreat home and property to hide out and be self-sufficient while surrounded by gorgeous rolling green pastures running to the blue sparkling sea. This property may be the only agriculturally zoned vacation rental on the coast with a renewable and transferable legal permit to operate a short-term, 3/3.5 vacation rental as a prior non-conforming use. Oceanfront and located on the pristine, low-density Hamakua Coast of the Big Island, this estate is on the private, gated and desirable Beach Rd. approx. 10 miles from historic Hilo Bay. The portion of land where the home is located spans 1.97 ac. however the sale also includes an additional large, private recorded easement, a walking path extending all the way to the stunning, rugged cliffs overlooking the Pacific Ocean. As an investment, the home has a proven history as a short-term vacation rental pre-covid and, will be busy again soon. The rental revenues are likely to exceed historical numbers given the ban on many vacation rentals located on agriculturally zoned land. The fact that this property is legal for that use is valuable if income is your goal. Modern luxury w/Craftsman details are uniquely embodied in the main home of 4 bedrooms and 3.5 baths for a total of 3,311 sqft. of living space. Every detail was carefully selected, and quality crafted to compliment the combination of concrete accent walls as well as concrete and hardwood flooring, unique fans and light fixtures, interior and exterior hand-mixed colors, local island woods, and abundant glass. The home is also a tribute to self-sufficient living w/a full photovoltaic 34 panel, 260-watt system and a private well making the home not only safe and private but independent. An oversized 850 sqft. garage with a workshop and a multi-purpose room upstairs adds even more value. NOTE: STVR PERMIT IS FOR 3/3.5.

Key details

  • 643148
  • $485
  • Concrete,Double Wall,Loft Space,Other (remarks)
  • 3,411 SF
  • ActiveUnderContract

Amenities

  • Ceilings-9'+
  • Built-in-Book Shelves
  • Ceiling-Cathedral
  • Inventory
  • Landscaped
  • Office
  • Recreation Area
  • Storage Area
  • Smoke/Heat Detector
  • Other (remarks)
  • Bar-Wet
  • Walking/Jogging Path
  • Disposal
  • Dishwasher
  • Microwave
  • Refrigerator
  • Range/Oven
  • Clear
  • Grassy

Disclaimer

This information is believed to be accurate, but without warranty.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), the owner of this website, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. On this page, not only will you see properties represented by Nicole Vincent, you may also see properties represented by other members of Hawaii Information Service. ©2019 Hawaii Information Service. All rights reserved.
Listing courtesy of Rebecca Hirsch-Keliihoomalu at Corcoran Pacific Properties

Property Details


4

3

$1,655,000

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