12-5455 Ala Lokelani, PAHOA, HI 96778

Property Description

Welcome to your own off-grid retreat in Kalapana, Conveniently located near the entrance of the subdivision, this unique property offers exceptional flexibility for multi-generational living, investment, or owner occupancy. On clear evenings, enjoy the rare glow of Halemaʻumaʻu from Hawaiʻi Volcanoes National Park. The property features two separate structures totaling approximately 6 bedrooms & 5 bathrooms. The front guest dwelling offers TWO PRIVATE BEDROOM SUITES, each with its own bathroom and private entrance, ideal for long-term rentals, short-term vacation rentals, or guest accommodations. The lower level of the main home includes a full kitchen, living area, TWO BEDROOMS, and a full bathroom, creating another self-contained living space. Upstairs features the primary suite, two bathrooms, a kitchen, and an expansive lanai showcasing panoramic ocean views, Third Level w/ 1 bed. INCREDIBLE INCOME POTENTIAL! With FOUR PRIVATE BEDROOMS that can function independently between the guest dwelling and the main home's lower level, While you live upstairs, this property offers endless possibilities. Rent the rooms individually, operate as long-term or short-term rentals (where permitted), or explore a hostel-style concept. Several successful hostels already operate within the subdivision, making this an exciting opportunity for investors or owner-occupants looking to generate supplemental income while enjoying the upper level as a private residence. The seller has previously operated the property as a successful short-term vacation rental. Designed for sustainable island living, the property includes an off-grid solar photovoltaic system with 16 solar panels, a wind turbine, backup generator, two 5,000-gallon catchment tanks, two cesspools, a greenhouse/workshop, outdoor entertaining areas, vaulted ceilings, custom wood accents, and lush tropical landscaping filled with ornamental plants, fruits, & vegetables. Seller financing available!