92-8305 POKO DR, OCEAN VIEW, HI 96737

2 Homes for the Price of 1 + 2017 Chevy volt plug-in hybridSeize this unique chance to own 6.859 acres of prime coastal property, featuring two homes on two separate titles in the southwestern corner of the Ocean View Ranchos subdivision. Nestled on a dead-end street, these properties offer unparalleled privacy, breathtaking sweeping ocean views, and direct adjacency to the soon-to-open Kahuku Pohue National Park. The historic King’s Trail, dating back to before 1892, is just 500 feet away, providing a scenic path to the beach. If you're seeking peace, tranquility, and a retreat from city life, this is the perfect investment.Property #1 – 92-8305 Poko DriveThis 2,300 sq. ft. fully furnished home sits on 3.429 acres and is a legal 30-day minimum vacation rental, listed on Airbnb and VRBO with 5-star ratings. It currently earns approximately $35,000 per year but has higher potential if fully utilized, with an alternative option for a long-term lease at $3,500 per month. Additional income could be generated by adding a pool.3 bedrooms, 2 bathrooms (including a 532 sq. ft. third bedroom)72-ft-long lanai for enjoying panoramic views2,000 sq. ft. of potential buildable space beneath the homeOff-grid with a photovoltaic systemHomeowner’s insurance: $1,500 per yearProperty #2 – 92-8308 Poko DriveLocated on 3.43 acres, this 756 sq. ft., 2-bedroom, 1-bath home is currently under construction and permitting but has reached the lock-up stage. Home borders National Park, offering incredible future potential.Septic system approved for up to 4 bedroomsElectrical rough-in completedHardwood flooring (identical to Property #1) stored and ready for installationSmall temporary solar system installedSituated near a gulch with lava tubes for explorationOnce completed, comparable sales suggest a value between $300K–$400K, making this an excellent investment. Live in one home while renting out the other for additional income.

Listed by: Jeffrey Samuels Realty
Year Built: 2019
Levels:

Garage Spaces:
Carport Spaces:
Parking Features: Other, Unassigned
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Home Warranty:

Lava Zone: 2
Flood Zone: X

Zoning: A-3A
Horse Amenities: