73-4394 Holoholo Street Kailua Kona HI 96740-9301
MLS: | TMK: 3-7-3-46-23
Kona Acres Subdivision
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Highlights
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Located in an Opportunity Zone
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.
The recently passed Federal Tax Cuts and Jobs Act authorized a community economic development program called the Opportunity Zones Program. This new program provides incentives for investors to re-invest unrealized capital gains into Opportunity Funds in exchange for temporary tax deferral and other benefits. The Opportunity Funds will then be used to provide investment capital in certain low-income communities. For more information view the Opportunity Zones Program FAQs.
Corporate Retreat
Five separate quarters can house individual executives. Each has their own bedroom, bathroom, lanai area, and access to common areas such as cooking facilities, gardens, and spa. Save on "resort fees" and equipment rentals. Pleanty of parking for cars of vans.
Hosted Vacation Rental
Don't want to provide a meal to guests? Market through AirBnB, VRBO, Booking.com and offer high end hosted vactaion rentals. Potential to configure property many ways.
Family Compound
Whether your family is adult siblings, cousins, parents/ children this property offers privacy and convenience. Each suite has it's own flat screen TV and Blueray player. The common areas are great for gathering as a group and sharing meals or entertainment.
Group Home
Utilize four rooms for group accommodations and offer the master quarters to the caregiver / group leader. The covered lanais offer great space for classes or counseling sessions. Two kitchens offer separate cooking and eating facilities - spread out or group up.
Executive Rentals
Five separate quarters can house traveling doctors or nurses. Each has their own bedroom, bathroom, lanai area, and access to common areas such as cooking facilities, gardens, and spa.
Shelter / Safe Housing
Located on an acre of land, surrounded by stone walls and secured by a gate, access to the property is easily controlled. Parking for 6- 7 vehicles behind the wall. This property can shelter people and assets!
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Offered at $ 1,111,000 FS
Note: All representations herein are deemed accurate. Buyer responsible for their own due diligence.