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Single Family Home
in
Hovr - Kau
Hawaii
2 Homes for the Price of 1 + 2017 Chevy volt plug-in hybrid
Seize this unique chance to own 6.859 acres of prime coastal property, featuring two homes on two separate titles in the southwestern corner of the Ocean View Ranchos subdivision. Nestled on a dead-end street, these properties offer unparalleled privacy, breathtaking sweeping ocean views, and direct adjacency to the soon-to-open Kahuku Pohue National Park. The historic King’s Trail, dating back to before 1892, is just 500 feet away, providing a scenic path to the beach. If you're seeking peace, tranquility, and a retreat from city life, this is the perfect investment.
Property #1 – 92-8305 Poko Drive
This 2,300 sq. ft. fully furnished home sits on 3.429 acres and is a legal 30-day minimum vacation rental, listed on Airbnb and VRBO with 5-star ratings. It currently earns approximately $35,000 per year but has higher potential if fully utilized, with an alternative option for a long-term lease at $3,500 per month. Additional income could be generated by adding a pool.
3 bedrooms, 2 bathrooms (including a 532 sq. ft. third bedroom)
72-ft-long lanai for enjoying panoramic views
2,000 sq. ft. of potential buildable space beneath the home
Off-grid with a photovoltaic system
Homeowner’s insurance: $1,500 per year
Property #2 – 92-8308 Poko Drive
Located on 3.43 acres, this 756 sq. ft., 2-bedroom, 1-bath home is currently under construction and permitting but has reached the lock-up stage. Home borders National Park, offering incredible future potential.
Septic system approved for up to 4 bedrooms
Electrical rough-in completed
Hardwood flooring (identical to Property #1) stored and ready for installation
Small temporary solar system installed
Situated near a gulch with lava tubes for exploration
Once completed, comparable sales suggest a value between $300K–$400K, making this an excellent investment. Live in one home while renting out the other for additional income.
92-8305 Poko Dr Ocean View 96737 is listed Courtesy of Jeffrey Samuels Realty
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