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Sold for $525,000
  • $525,000

    16-1401 40th Ave, Keaau, HI 96749

    2beds
    1,172sqft
    Single Family Residence
    Built in 2007
    3 Acres Lot
    $313,800 Zestimate®
    $448/sqft
    $2,832 Estimated rent

    Home value

    $313,800

    $248,000 - $386,000

    $2,832/mo

    Zestimate® history
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    What's special

    An incredibly rare find! Licensed, income-producing vacation rental, boasting a 11-year, 5-star track record and sold turnkey as a home or business. Hawaii county’s limited STVR licensing of this area ceased in 2019, so your license is one of the finite few benefiting from the year-round booking stream of this popular location. Gently elevated, the home is nestled peacefully in a clearing, surrounded by lush rainforest and the soothing sounds of nature. Gated, and set-back from the street, with a private palm-lined driveway for ultimate privacy, this is a well-designed retreat that has been thoughtfully constructed with master craftsmanship throughout. From the comfortable lanai, enter through french doors into a warm greeting of locally-harvested hardwood flooring underfoot, and brilliant natural light from the large windows in every room. The home’s open-concept design, cooled by the breezy trade-winds, welcomes easy gatherings for family and friends. The kitchen features ample work space, ceramic tile floors, and lots of cabinet/pantry storage. The abundant warmth of the entire living space instantly feels like home. At one end of the open hallway with it's large closets, a full bath opens adjacent to a large bedroom; at the other end is the sizable, sunlit primary suite with a bay window, an airy walk-in closet, ensuite full bath and slider door to the lanai. The covered carport houses a convenient laundry room and ample space for additional parking on the expansive gravel driveway, and lots of surrounding green space to enjoy life in the warm Hawaii sun! Features include: *10k gal catchment tank, UV/sediment filters *New solar hot water panels *Secure under-house storage *Fiber optic internet/TV *Temperate microclimate *Lava Zone 3, Flood X *Dense native forest historically slows high winds *Easy drive to Volcano, Hilo, Pahoa & Keaau Leaseback of undeveloped land for a discount on sales price.

    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Marie Sundseth 8089902899,

    Coldwell Banker Island Properties - Kona

    Bought with:

    Howard Meguro, RB-22392

    Coldwell Banker Island Properties - Hilo

    Source: Hawaii Information Service,MLS#: 705585MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Dryer, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Washer
    Features
    • Flooring: Carpet, Ceramic Tile, Hardwood
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 1,172
    • Total interior livable area: 1,172 sqft

    Property

    Parking
    • Parking features: Attached, Covered
    Features
    • Has view: Yes
    • View description: Forest, Garden
    Lot
    • Size: 3 Acres
    • Features: Cleared, Wooded
    • Topography: Fairly Level
    Details
    • Parcel number: 3160121880000
    • Zoning: A-3A
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Cesspool
    • Water: Catchment
    • Utilities for property: Electricity Available, Phone Available

    Community & HOA

    Community
    • Security: See Remarks, Smoke Detector(s)
    • Subdivision: ORCHID LAND ESTATES
    Location
    • Region: Keaau

    Financial & listing details

    • Price per square foot: $448/sqft
    • Tax assessed value: $338,800
    • Annual tax amount: $3,168
    • Date on market: 12/11/2023
    • Listing terms: 1031 Exchange,Cash,Conventional,USDA Loan,VA Loan
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Graded, Unpaved

    Price history

    DateEventPrice
    3/11/2024Sold$525,000-16%$448/sqft
    Source: Hawaii Information Service #705585 Report a problem
    12/24/2023Listed for sale$625,000+4.2%$533/sqft
    Source: Hawaii Information Service #705585 Report a problem
    12/12/2023Listing removed$600,000$512/sqft
    Source: Hawaii Information Service #705585 Report a problem
    12/11/2023Listed for sale$600,000-11.1%$512/sqft
    Source: Hawaii Information Service #705585 Report a problem
    4/5/2023Listing removed$675,000$576/sqft
    Source: Hawaii Information Service #665695 Report a problem
    1/18/2023Price change$675,000+3.8%$576/sqft
    Source: Hawaii Information Service #665695 Report a problem
    11/23/2022Price change$650,000-3.7%$555/sqft
    Source: Hawaii Information Service #665695 Report a problem
    10/29/2022Price change$675,000-6.9%$576/sqft
    Source: Hawaii Information Service #665695 Report a problem
    10/13/2022Listed for sale$725,000$619/sqft
    Source: Hawaii Information Service #665695 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 96749

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $313,800
    2% more
    +$6,276
    With Zillow Showcase(estimated)
    $320,076