92-8412 King Kamehameha Blvd, Ocean View, HI 96737 (MLS # 722893)
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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).
ðŸ› ï¸ 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!
DAYS ON MARKET | 90 | LAST UPDATED | 8/13/2025 |
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TRACT | HOVE | YEAR BUILT | 1965 |
COUNTY | Hawaii | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
PRICE HISTORY | |
Prior to Aug 13, '25 | $395,000 |
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Aug 13, '25 - Today | $355,500 |
ADDITIONAL DETAILS | |
APPLIANCES | Range, Refrigerator |
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INTERIOR | High Speed Internet |
LOT | 71133 acre(s) |
LOT DESCRIPTION | Cleared, Corner Lot, See Remarks |
PARKING | Other, Unassigned |
SEWER | Cesspool |
SUBDIVISION | HOVE |
TAXES | 2489.91 |
UTILITIES | Cable Available, Electricity Available, Phone Available, Underground Utilities |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with The Land Office, LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 10/22/25 10:02 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 10/22/25 10:02 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.