0.043 Acres of Land for Sale in Kailua, Hawaii

One of a Kind Opportunity!You're not going to find a more convenient location in Kona. Between Alii Drive and Kuakini Hwy on a quiet lane lies this unexpected gem. This parcel is 1869 sqft, which is not consistent with what county records reflect. This being said, it still holds near-endless possibilities thanks to its versatile and potentially profitable zoning. V-.75 zoning allows for a unit for every 750 sqft of land; two rental units would currently be possible and yes, this resort zoning allows short term rentals. Other permitted uses include restaurants, bars, shops and businesses, among others. The current owner is working with the county for a setback variance to allow for an easier build. Variance will be transferable. All utilities are available here with power right at the street. Sewer access on Sarona Rd makes wastewater connection very convenient. This property is approved for water service; though buyer would need to go through due process to install meter and run water line. Buyer to do due diligence with Department of Water Supply.This is a truly unique parcel and an excellent chance to own and build something special in the heart of Kona town. Don't pass it up!