15-2056 32nd Ave

Keaau, HI 96749

About this property

Aloha and Welcome to this rare opportunity in Hawaiian Paradise Park, complete with an active, transferable Short-Term Vacation Rental (STVR) license!brbrNestled on a lush, mature property filled with swaying palm trees, landscaped gardens, vibrant hibiscus flowers, and tropical bamboo, this idyllic setting also includes fruit-bearing papaya trees and lilikoi plants for an authentic Hawaiian experience. With two renovated and permitted homes, the opportunities abound.brbrCurrently operating as a successful vacation rental business, this property generates a gross income of at least $6,000 per month.brbrThe larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout offering approximately 672 square feet. The studio, a permitted 382 square-foot one-bedroom, one-bathroom retreat, was recently renovated in 2023 to include a fully updated kitchenette and bathroom crafted by Jay’s Custom Cabinets. Designed for relaxation and privacy, the studio also boasts a peaceful back deck with dual freestanding bathtubs to soak away any stress.brbrLocated on 32nd Ave., a quiet dead-end road off Makuu Drive, the property is both convenient and private. Fully fenced in, it offers a secure and tranquil atmosphere for guests or residents alike.brbrWith high-speed internet, beautiful landscaping, and all the amenities needed for a modern tropical getaway, this property is an exceptional investment opportunity in Hawaiian Paradise Park, an area with high demand for vacation rentals due to limited hotel accommodations in Puna.brbrEmbrace island living or seize a lucrative investment - the possibilities are endless!

About this property

Aloha and Welcome to this rare opportunity in Hawaiian Paradise Park, complete with an active, transferable Short-Term Vacation Rental (STVR) license!brbrNestled on a lush, mature property filled with swaying palm trees, landscaped gardens, vibrant hibiscus flowers, and tropical bamboo, this idyllic setting also includes fruit-bearing papaya trees and lilikoi plants for an authentic Hawaiian experience. With two renovated and permitted homes, the opportunities abound.brbrCurrently operating as a successful vacation rental business, this property generates a gross income of at least $6,000 per month.brbrThe larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout offering approximately 672 square feet. The studio, a permitted 382 square-foot one-bedroom, one-bathroom retreat, was recently renovated in 2023 to include a fully updated kitchenette and bathroom crafted by Jay’s Custom Cabinets. Designed for relaxation and privacy, the studio also boasts a peaceful back deck with dual freestanding bathtubs to soak away any stress.brbrLocated on 32nd Ave., a quiet dead-end road off Makuu Drive, the property is both convenient and private. Fully fenced in, it offers a secure and tranquil atmosphere for guests or residents alike.brbrWith high-speed internet, beautiful landscaping, and all the amenities needed for a modern tropical getaway, this property is an exceptional investment opportunity in Hawaiian Paradise Park, an area with high demand for vacation rentals due to limited hotel accommodations in Puna.brbrEmbrace island living or seize a lucrative investment - the possibilities are endless!

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$550,000 A
3 Beds
3
Baths
1,056 SQFT

Presented By Coldwell Banker Island Properties

Agent Image
Get in touch today! Phone: 1-808-875-7000
Brokerage
Big Island Homes & Land Co., Ltd.
1-808-935-6874
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

Big Island | County | HAWAIIAN PARADISE PARK

$ 550,000
This listing is play_arrow 4.7% lower than the average in the area
$ 577,000 in the area
1,056 SqFt
This listing is play_arrow 38.8% smaller than the average in the area
1,725 SqFt in the area
$ 521 $/SqFt
This listing is play_arrow 55.7% more than the average in the area
$ 335 $/SqFt in the area
34 days on site
This listing is play_arrow 13.9% below the average in the area
40 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Jared C Gates
Brokerage: Big Island Homes & Land Co., Ltd.

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Island Properties

Real Estate Links Our Domains