92-8412 King Kamehameha Blvd, Ocean View, HI 96737
Local realty services provided by:Better Homes and Gardens Real Estate Hank Correa Realty
Listed by: briana moussa, patti barry8084433179
Office: the land office, llc.
MLS#:722893
Source:HI_HIS
Price summary
- Price:$355,500
- Price per sq. ft.:$178.64
About this home
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!
Contact an agent
Home facts
- Year built:1965
- Listing ID #:722893
- Added:155 day(s) ago
- Updated:December 31, 2025 at 12:31 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,990 sq. ft.
Structure and exterior
- Year built:1965
- Building area:1,990 sq. ft.
- Lot area:1.63 Acres
Utilities
- Water:Catchment
- Sewer:Cesspool
Finances and disclosures
- Price:$355,500
- Price per sq. ft.:$178.64
- Tax amount:$2,490 (2025)
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