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92-8412 King Kamehameha Blvd, Ocean View, HI 96737

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For Sale

$355,500

3 beds • 3 baths • 1,990 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $178.64
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 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!
MLS# 722893

Courtesy Of The Land Office, LLC

(808) 939-7227

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Cable Ready
  • Appliances
    Range, Refrigerator
  • Floor Covering
    Laminate
  • Lot Size
    1.63 Acres

Map and Directions

Directions to 92-8412 King Kamehameha Blvd, Ocean View, HI 96737

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Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Homefinders of Hawaii

(808) 935-7119
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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.