15-2056 32nd Ave, KEAAU, HI 96749 (MLS # 715404)
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Aloha and Welcome to this rare opportunity in Hawaiian Paradise Park, complete with an active, transferable Short-Term Vacation Rental (STVR) license in place for both homes!
Nestled on a lush, mature property filled with swaying palm trees, landscaped gardens, vibrant hibiscus flowers, and tropical bamboo, this idyllic setting also includes fruit-bearing papaya trees and lilikoi plants for an authentic Hawaiian experience. With two renovated and permitted homes, the opportunities abound.
Currently operating as a successful vacation rental business, this property generates a gross income of at least $6,000 per month.
The larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout offering approximately 672 square feet. The studio, a permitted 382 square-foot one-bedroom, one-bathroom retreat, was recently renovated in 2023 to include a fully updated kitchenette and bathroom crafted by Jay's Custom Cabinets. Designed for relaxation and privacy, the studio also boasts a peaceful back deck with dual freestanding bathtubs to soak away any stress.
Located on 32nd Ave., a quiet dead-end road off Makuu Drive, the property is both convenient and private. Fully fenced in, it offers a secure and tranquil atmosphere for guests or residents alike.
With high-speed internet, beautiful landscaping, and all the amenities needed for a modern tropical getaway, this property is an exceptional investment opportunity in Hawaiian Paradise Park, an area with high demand for vacation rentals due to limited hotel accommodations in Puna.
Embrace island living or seize a lucrative investment - the possibilities are endless!
| DAYS ON MARKET | 180 | LAST UPDATED | 3/10/2025 |
|---|---|---|---|
| TRACT | HAWAIIAN PARADISE PARK | YEAR BUILT | 2009 |
| COUNTY | Hawaii | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Nov 24, '24 | $575,000 |
|---|---|
| Nov 24, '24 - Feb 14, '25 | $550,000 |
| Feb 14, '25 - Mar 10, '25 | $539,000 |
| Mar 10, '25 - Today | $530,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Microwave, Oven, Range, Refrigerator, Washer |
|---|---|
| LOT | 1 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 43560 |
| SUBDIVISION | HAWAIIAN PARADISE PARK |
| TAXES | 3050.91 |
| UTILITIES | Cable Available |
| ZONING | A-1A |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Big Island Homes & Land Co., Ltd.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 4/29/25 7:56 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 4/29/25 7:56 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.