Seller's Agent in 2021
Samuel Schaus
KW Big Island
(808) 896-8125
4 in this area
75 Total Sales
54-3793 Akoni Pule Hwy Kapaau, HI 96755
Hawi-Kapaau NeighborhoodEstimated Value: $1,245,148 - $1,495,000
9
Beds
8.5
Baths
2,574
Sq Ft
$520/Sq Ft
Est. Value
Highlights
- Forest View
- Wood Flooring
- 1-Story Property
- Wooded Lot
- Ground Level Unit
- Level Lot
About This Home
As of February 2021Take the 100 year old Kohala Club Hotel and make it even better with your own spin on the facility. 9 beds and 8.5 baths on 5.6 acres make this expansive property the ideal investment for anyone looking to diversify their portfolio. With the volatility of stocks, more investors are turning to passive rental income to secure their financial future. Facility includes three separate dwellings on 5.68 acres. The 2 story, 1 bed, 1.5 bath owners residence was completely rebuilt including an expansive private deck. The actual hotel consists of 2 structures on the other side of the lot for privacy. A side by side duplex and a 6 plex all with their own private entrances and bathrooms. This property fronts the main road through Kapaau where hundreds of thousands of visitors drive past every year.
*Estimated gross profit potential based on February 2019 market survey:
$90.00 per night
60% occupancy rate
8 rooms(owners residence separate)
$155,520 gross income
Centrally located close to Historic Hawi town where you can find some of the best dining, art galleries, and coffee shops on the island. Continue driving east on Highway 270 and you’ll literally come to the end of the road at the stunning Pololu Valley overlook. Fruit trees include lychee, mango, avocado, lime, macnut, orange, papaya, and tangerine. .
Due to age of buildings(built over 100 years ago)Bed & bath count does not match county records. 2 separate cesspools on site. The property is split into two zoning districts: an estimated 1.26-acres are zoned RS-15 and 4.42-acres are zoned A-20a. Approximately 2.0 acres of 4.42-acre A-20a zoned is usable, the remaining 2.42 acres being part of the Waikaulapala Gulch.
Last Agent to Sell the Property
KW Big Island Brokerage Phone: 8088968125 License #RS-75970 Listed on: 04/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,378
Year Built
- Built in 1934
Lot Details
- Property fronts a county road
- Level Lot
- Cleared Lot
- Wooded Lot
- Grass Covered Lot
- Property is zoned A-20A
Property Views
- Forest
- Garden
Interior Spaces
- 2,574 Sq Ft Home
- 1-Story Property
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Ground Level Unit
- Cesspool
Community Details
- Kapaau Village Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 3540050110000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2020
Closed on
Feb 3, 2021
Sold by
Wilson Grant Lloyd
Bought by
Hamakua Health Center Inc
Seller's Agent
Samuel Schaus
KW Big Island
Buyer's Agent
Forrest Arnold
eXp Realty
List Price
$949,000
Sold Price
$907,000
Premium/Discount to List
-$42,000
-4.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,287
Avg. Annual Appreciation
8.92%
Original Mortgage
$453,500
Outstanding Balance
$406,772
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$932,515
Purchase Details
Closed on
Dec 9, 2016
Sold by
Wilson Grant Lloyd
Bought by
Wilson Grant Lloyd and The Grant Lloyd Wilson Revocable Trust
Purchase Details
Closed on
Feb 18, 2003
Sold by
West Aileen and West Hatsuko
Bought by
Wilson Grant Lloyd
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamakua Health Center Inc | $907,000 | Tg | |
| Wilson Grant Lloyd | -- | Tg | |
| Wilson Grant Lloyd | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamakua Health Center Inc | $453,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2021 05/10/21 | Off Market | $907,000 | -- | -- |
| 02/09/2021 02/09/21 | Sold | $907,000 | -4.4% | $352 / Sq Ft |
| 06/02/2020 06/02/20 | Pending | -- | -- | -- |
| 04/13/2020 04/13/20 | For Sale | $949,000 | -- | $369 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $200 | $909,400 | $593,300 | $316,100 |
| 2024 | $200 | $899,100 | $593,300 | $305,800 |
| 2023 | $200 | $861,400 | $565,100 | $296,300 |
| 2022 | $8,054 | $861,400 | $565,100 | $296,300 |
| 2021 | $12,650 | $1,275,300 | $1,102,800 | $172,500 |
| 2020 | $12,557 | $1,267,000 | $1,102,800 | $164,200 |
| 2019 | $4,378 | $521,500 | $354,000 | $167,500 |
| 2018 | $4,210 | $505,400 | $343,800 | $161,600 |
| 2017 | $4,625 | $500,500 | $343,800 | $156,700 |
| 2016 | $3,865 | $461,800 | $324,200 | $137,600 |
| 2015 | -- | $407,100 | $324,900 | $82,200 |
| 2014 | -- | $406,700 | $324,900 | $81,800 |
Source: Public Records
Agents Affiliated with this Home
-
Samuel Schaus
-
Forrest Arnold
Buyer's Agent in 2021
Forrest Arnold
eXp Realty
(808) 987-2365
4 in this area
8 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 638357
APN: 3-5-4-005-011-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 MLS Hawaii, Inc. All rights reserved.
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Nearby Homes
- 53-4429 Akoni Pule Hwy
- 0 Akoni Pule Hwy
- 54-3703 Lehuula Cir
- 53-4223 Pratt Rd
- 53-3966 N Kahiwa Place
- 0 Union Mill Rd
- 54-322 Union Mill Rd
- 54-2319 Kynnersley Rd
- 54-2272 Kynnersley Rd
- 55-545 Hawi Rd
- 55-3581 Kaauhuhu Rd
- 55-548 Hawi Rd
- 55-680 Hawi Rd
- 55-3640 Kaauhuhu Rd
- 54-2198 Kynnersley Rd
- 53-4224 Akoni Pule Hwy
- 0 Hoea Rd
- 55-3345 Akoni Pule Hwy
- 552251 Kynnersley Rd
- 55-1096 Kaauhuhu Homestead Rd
- 54-3822 OMacHi Rd
- 54 OMacHi Rd
- 54-3847-A Akoni Pule Hwy
- 54 Kamehameha Park Rd
- 54-410 Hall Rd
- 54-394 Kamehameha Park Rd
- 54-3848 Akoni Pule Hwy
- 54-3850 Akoni Pule Hwy
- 54-3769 Akoni Pule Hwy
- 54-407 Kiku Place
- 54 Kiku Place
- 54-3862 Akoni Pule Hwy Unit 3
- 54-3761 Akoni Pule Hwy
- 54-364 Kamehameha Park Rd
- 0 Old Hall Rd
- 54-3775 Hanaula Place
- 54 Hall Rd
- 54-3771 Hanaula Apo
- 54-3771 Hanaula Place
- 54-3774 Hanaula Place