Amazing Forclosure on the Big Island, Kona Side

Step into this real estate opportunity of a lifetime in the prestigious North Kona district of Kailua-Kona, Hawaii. Listed at $599K, this foreclosure property has immense potential for the savvy investor or ambitious homeowner. This video walkthrough will provide a detailed glimpse into what could be your most rewarding project yet.
Nestled on a generous 7,500 sqft lot, the property has 2 bedrooms, 1 full bathroom, and a total living area of 748 sqft. The home was built in 1959 and exudes the quaint charm of "Old Hawaii." While it currently awaits refurbishment and appliances are not included, this blank canvas is brimming with potential for a significant flip or renovation.
Enjoy the privacy provided by the property's exterior rock walls and relish in the convenience of its highly desirable location. Although it's not an oceanfront parcel, it sits tantalizingly close to Magic Sands Beach Park, along with various shopping centers and eateries.
The home is equipped with the essential utilities like county-supplied water, overhead power, and sewer-connected wastewater system, and more. Specifics about the parking will be provided under "Other remarks."
Financially speaking, this property is an enticing prospect. Listed at $599K, with a current tax of $458 and a price per sqft of $802, it represents significant upside potential. The land and building are assessed at values of $138,600 and $86,100 respectively. Acceptable terms of purchase include Cash and Conventional loans.
This foreclosure home is currently under contract but don't let that deter you from discovering more about this golden opportunity. Whether you're an investor seeking a lucrative flip or a homeowner ready for a project, this property could indeed be the gem you've been seeking.
Enjoy the walkthrough, and don't hesitate to contact us for more information. Please remember, while this opportunity might be under contract, real estate is a fluid market, and opportunities can arise when least expected!
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Disclaimer: The Papakea Collection team is not the listing brokerage for this property. This information was accurate at the time of filming, but the property status may have changed. For the latest information or inquiries about this or similar properties, please reach out to us.
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Listor Justin T Morikawa (R(B)) RB-20891 808-351-0813 [e-mail] 11117
Office TLC Realty LLC RB-21014 808-330-5140 21014
Address 95-1146 LEOLANI ST Mililani, HI 96789