83-5602 MIDDLE KEEI RD Captain Cook, HI 96704

Looking for cash back up offer. Financing is having it's challenges.Old Hawaiiana welcomes you with cool ocean breezes 850 feet above gorgeous Kealakekua Bay. Old Hawaii Coffee farm/ residential income property family owned for 30 years. Acreage was bulldozed, flattened with house pad ready to build a new home. Two houses and a Yurt are featured on this 1.77-acre, fee simple coffee farm. This property affords many living and income options. There are 800 coffee trees in production, avocados, mangoes, and bananas are grown in abundance; there's already a road-side stand! The pictures are a little out of date but basically the same except for furnishings and tree growth.
3 residences: 2 individual cottages each having 1 bedroom and 1 bath, kitchenette with covered screened lanai. There is underground electrical, plumbing, and a large permitted cesspool. The yurt is located away from the other structures for privacy. Rent the other two as short or long-term rentals. The current monthly rental income in cottage #1 = $1500 and cottage #2 = $1500. The yurt is currently owner occupied but could also be rented for $2,000 a month or as a vacation rental as long as it's hosted. Cottage #1 has a spacious open lanai with premium ocean views. It's studio style with a kitchenette, private bathroom and standing shower. A separate room offers office space. The loft is perfect for play area or storage. There are also house plans for a large house.
The Yurt is at the back of the lot, approximately 1500 sqft. It has two bedrooms and a three-quarter bath. There is a kitchenette with an induction range and a full-size refrigerator. The yurt has a large wrap around covered lanai.
This is a great location surrounded by 2 step for diving, City of Refuge, Rodeo grounds, Painted Church, Kealakekua Bay and world famous biking trail to Capt. Cook monument! Post Office, banks, super markets, gas, Ace Hardware and many restaurants are within 5 miles. Seller is highly motivated