Property Description
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.
Instant Cash Flow: Two 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 approximately $2,495/month. With Hawaii’s high demand for rentals, consider long-term leases or vacation rentals.
Growth Potential: The third home is ready for a rebuild into a matching 1B/1B with ocean views, boosting rental income. Eco-friendly upgrades can increase 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.
Versatile Workshop: Use the spacious garage for hobbies, a garden nursery, or a small business—ideal for HOVE’s creative vibe. Confirm permitted uses.
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!
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