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57-493, 495, 501 & 503 Kamehameha Highway, Kahuku, HI 96731

$8,998,000

  • For Sale
  • Active
  • Multi-Family
  • Kawela Bay
  • Fee Simple
57-493, 495, 501 & 503 Kamehameha Highway, Kahuku, HI 96731View this property at 57-493, 495, 501 & 503 Kamehameha Highway, Kahuku, HI 96731
57-493, 495, 501 & 503 Kamehameha HighwayKahukuHI96731

Property Description

Four beachfront homes with rare, legal, vacation rental licenses. Over 38,000 sf of fee simple land, 208 feet of beachfront, located between Turtle Bay Resort and North Shore's Gold Coast of Surfing. Year-round sunset views. Ideal for a family compound or partnership; popular for weddings & family reunions. Each home can be owned separately while operated as a single business. KAWELA KAI NANI is a unique opportunity for renovation and re-branding while providing stable income and 4 second homes. Superb investment with substantial upside potential and limited downside risk. Sale includes 4 separately deeded tax keys (1-5-7-005: 006 (0001&2)&007(0001&2)) each with over 50' of oceanfront. All homes are above the flood zone level and protected
by a permitted shoreline revetment built in 1987.

Full Property Detailsfor 57-493, 495, 501 & 503 Kamehameha Highway

General

  • Price: $8,998,000
  • Taxes: $2,142 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 201721686
  • Updated: 10/24/2017
  • Added: 186 day(s) ago

Property History

  • 57-493, 495, 501 & 503 Kamehameha Highway, Kahuku, HI
  • Listed at $8,998,000 on 10/18/17

Interior

  • Furnishings: Full

Rooms

Other Rooms

  • Laundry: Dryer, Washer

Additional Information

  • Amenities: A/C
  • Recreation: None

Parking

  • Parking Features: Open
  • Parking Type: Open
  • Other Parking Type: 10+ Spaces

Location

  • Area: North Shore
  • County: Oahu
  • Neighborhood: KAWELA BAY

School Information

  • Elementary School: Kahuku
  • Middle School: Kahuku
  • High School: Kahuku

Community

  • Mgmt. Company: Team Real Estate

Utilities

  • Sewer: Cesspool
  • Utility Description: Cable, Cesspool, Internet, Overhead Electricity, Public Water, Telephone
  • Metering: Electric, Water

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Above Ground, Double Wall, Wood Frame
  • Roof: Asphalt Shingle
  • Stories Description: Two
  • Square Feet: 5,642
  • Year Built: 1984
  • Remodeled/Updated: 2014
  • Property Condition: Above Average

Unit Information

  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 3

Lot Features

  • Property View: Coastline, Mountain, Ocean, Sunset
  • Mountain views: Yes
  • Lot Size (Sq. Ft.): 38,259
  • Topography: Level
  • Lot Features: Clear
  • Zoning: 05 - R-5 Residential District
  • Lot Description: Clear

Water Features

  • Water View: Yes
  • Beach Front: Yes

Financial Considerations

  • Expenses: Excise Tax, Insurance, Property Tax, Repair Maintenance
  • Operating Expenses: $160,169
  • Tax Amount: $2,142
  • Tax Year: 2017
  • Terms: Cash, Conventional
  • Tenant Pays: None

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Documents Avail.: Lease Documents, Licenses
  • Land Tenure: Fee Simple
  • Flood Zone: Zone D
  • Disclosures/Reports: Licensed Owner, Property Disclosure Stmt, Relative of Licensee
  • Property ID: 1-5-7-005-006-0000

Listed by Team Real Estate, Inc. and Team Real Estate, Inc.

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Community Info

Community Infofor 57-493, 495, 501 & 503 Kamehameha Highway

Listed by Team Real Estate, Inc. and Team Real Estate, Inc.

57-493, 495, 501 & 503 Kamehameha Highway, Kahuku, HI 96731 (MLS# 201721686) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 57-493, 495, 501 & 503 Kamehameha Highway is currently listed for $8,998,000 and was received on October 18, 2017. Want to learn more about 57-493, 495, 501 & 503 Kamehameha Highway? Do you have questions about finding other Multi-Family real estate for sale in Kawela Bay? You can browse all Kawela Bay real estate or contact a Coldwell Banker agent to request more information.