11-3064 Lehua Street

Property Description

SOLD! Licensed Vacation Rentals are increasingly difficult to come by in this market, especially of homes this size! This isn't your standard Big Island home, with over 3,500 square feet under roof, a large two car garage, and extra large lanais on both floors, this home is the ultimate vacation rental destination, and a fantastic investment opportunity. This is an active vacation rental, that can be sold completely turn key, including furnishings, future bookings, and a local cleaning crew that may want to stay on with the new owners. The home sits on 2 cleared, level acres, and is surrounded on both sides by lush jungle, offering privacy to you or your travelers. The layout of this home just makes sense. The bedrooms are all spacious and have privacy, there are three separate interior living areas, an informal and formal dining area, two large lanais, an open layout kitchen, and even a playroom area! The main suite has a large private bathroom, and there is an additional bathroom on each level. The current owners have put a lot of time, attention, and money into upgrading this home and making it a high quality vacation rental, including exterior painting, replacing lanai railings, cosmetic upgrades, and decorating with high quality furnishings. Hawaii County Vacation Rental Legislation only allows residential homes that were already granted STVR permits to operate legally. There is no method of licensing new residential homes outside of specific zoning, making this a rare opportunity. There is an annual renewal fee of $250, and the permits run with the land. Financials are available to prospective buyers that can provide proof of funds or a valid pre-qualification letter.