Description

This rare 23,196 sq ft fee simple property fronts Walua Road on the eastern side and backs up to Alii Drive on the western side. Located within the boundaries of Kailua Village, the subject property is favorably zoned CV-10 and is surrounded by commercial and condominium buildings.Gracing this one of a kind property is the Kona Beach Hostel, a business established in 2017 and featuring two landmark updated and reconfigured plantation homes (quot;Plumeriaquot; and quot;Pikakequot;). In total Kona Beach Hostel has 15 bedrooms and 7 bathrooms.Both buildings have views of the ocean and are fringed on the northern, southern and eastern sides by shady and colorful trees and shrubs that provide a good deal of privacy. Within the grounds are designated parking areas as well as four tastefully appointed gazebos.This special property is located within easy walking distance of downtown Kailua.Video of property: https://vimeo.com/947317575/5463a95928?share=copy