848 KAMALU RD, KAPAA, HI 96746

Property Description

Developers dream: existing 3,112 sq ft home and 3 additional homesites in a park-like setting adjacent to Sleeping Giant Half Acres. The sale CAN include TWO half acre lots already subdivided: TMK 4-4-4-11-25, 4-4-4-11-26 which are side by side along Kamalu Road and the lane up to the house. Both lots are listed at $399,000 each and each qualifies for two homesites. The combined 3 lots would total 8 homesites (confirm with County), ideal for a developer. Also see MLS# 645845 for another approach to this property. This could also be a private 2.21 acre estate with a 3,112 square foot classic Ossipoff style home featuring an open floor plan with distinct Hawaiian style features. The home will require extensive renovation but is a diamond in the rough. There is a porte-cochere that greets Guests and protects the front entrance to the home. There are buffed cement floors and high ceilings throughout and classic mid-century bi-fold and pocket doors original to the home. The fireplace is a common Ossipoff feature. There are four bedrooms (functionally five) and an Office off the front door. Every bedroom and the Office has it's own bathroom, four in total. The 140 square foot Master Suite and Bath are spacious for their day. The original Servant's Quarters are situated off the Kitchen and has it's own 160 square foot deck - this would make an excellent In-Law Unit or Guest suite. The home was built in 1949 and is in it's original condition. A new aluminum shake shingle roof was installed in 2014 and the home has a full 5 bedroom Septic system installed in June 2004. Termite was done in August 2020. Survey/staking done in August. See attached Addenda. 2020. All Buyers must provide Listor with a Pre-Qualification Letter or Proof of funds.