Welcome to an incredible opportunity in Hawaiian Ocean View Estates (HOVE) on Hawaii’s Big Island! This 1.6-acre parcel, with three 1-bedroom/1-bath homes, a workshop/garage, and lush garden space, all with Ocean views, is perfect for investors or dreamers ready to embrace island life. Whether you’re seeking passive income, a sustainable… Read More retreat, or an agritourism venture, this off-grid property in one of Hawaii’s most affordable markets is calling your name!Why You’ll Love This Investment:💵 Instant Cash Flow: Two charming cottages (600 sq. ft. and 850 sq. ft., both built in 2018) are tenant-occupied, delivering immediate income. Rent all three homes (post-rebuild) for up to $3,600/month or live in one and lease the others for ~$2,495/month. With Hawaii’s high demand for rentals, consider long-term leases or vacation rentals (check Hawaii County STR permit rules for short-term rentals).📈 Growth Potential: The third home is ready for a rebuild into a matching 1B/1B with ocean views, boosting your rental income. Explore Hawaii’s tax incentives for eco-friendly upgrades to maximize returns.🌱 Eco-Friendly & Self-Sustaining: Solar power with battery storage keeps costs low, with gas appliances included. The 1.6 acres are perfect for fruit trees, veggies, or chickens—live off the land or start a farmstand near Highway 11 for extra income (follow Hawaii Department of Agriculture rules).🛠️ Versatile Workshop: Use the spacious garage for hobbies, a garden nursery, or small business—ideal for HOVE’s creative vibe (verify uses with Hawaii County Planning).With stunning views and endless possibilities, this property is a rare find in Hawaii’s hot market. Contact us to see how this HOVE treasure can spark your vision! Read Less
Courtesy of The Land Office, LLC, 8084433179
Listing Snapshot
Days Online
78
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
3
Square Ft.
1,990
Year Built
1965
MLS Number
722893
Additional Details
Building
Built in 1965
Lot
"Cleared", "Corner Lot", "Grassy", "See Remarks", Lot size area: 71,133
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. Listings last updated on , .
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