13-3473 Pomaikai St, Pahoa, HI 96778

Fully Renovated Income Property with Owner’s Quarters – Great Opportunity in Leilani Estates, Pahoa, HI Completely renovated in 2022, this versatile property was formerly a two-bedroom, two-bathroom home. It has been thoughtfully transformed into a spacious one-bedroom, one-bathroom owner’s living quarter and three separate short-term rental studio units, each featuring its own kitchen and bathroom. The home was fully gutted and rebuilt with new materials from the roof to the floors. In addition to the 1,280 sq ft of permitted space, approximately 840 sq ft of unpermitted living area has been added, bringing the total living space to 2,120 sq ft (buyer to verify). Each rental unit is about 380 sq ft, providing a comfortable and private space for visitors seeking to explore the unique and eclectic beauty of the Big Island. The short-term rentals have been in operation since July 1, 2022, with a 64% occupancy rate recorded between June 1, 2023, and May 31, 2025, demonstrating consistent income potential. The private owner’s quarters are ideal for an empty nester or semi-retired homeowner, with enough rental income to offset living expenses. Note: Some additions are unpermitted and may not be reflected in county records. Buyers are advised to conduct their own due diligence. Offered at a price that reflects the quality of the renovation, the property’s income potential, and also potential drawbacks such as the property situated in lava zone 1, resulting in obtaining a conventional mortgage challenging and very high premium for home owner’s insurance. Nevertheless this is a rare opportunity to live in Hawaii and generate revenue from day one. If you're interested, please text or leave a message, as I have the "silence unknown callers" feature enabled.