4 West Hawaii Real Estate | January 19, 2018 Featured Property Relocate to rest and relaxation Located in South Kona near Pu‘uhonua O Honaunau National Historical Park, this established and profi table bedand breakfast property offers plenty of potential for growth and expansion. In business for almost 20 years with loyal, repeat clientele, this licensed B&B boasts an excellent occupancy rate, unlimited income-generating opportunities, and a magnifi cent location near popular ocean attractions, bays, beaches and more. Location is everything, and this location is as good as it gets. Situated on 3.20 acres zoned for agriculture, the lush, tropical property boasts solar voltaic electric and agricultural water that yield amazingly low maintenance costs. There is a total 8,000 square feet of living space to enjoy. The main residence features two bedrooms, an offi ce and 1.5 baths, plus a fi replace and two hot tubs. An additional eight bedrooms are available as guest rooms and include six baths. A separate worker’s cottage offers two bedrooms, bringing the total number of bedrooms to nine and the total number of bathrooms to seven full baths and one half-bath. Known as Rainbow Plantation B&B, the venerable vacation/ retreat destination has recently been fully renovated and upgraded. The interior features hardwood fl oors and a skylight. Appliances include dishwasher, disposal, fridge, washer, dryer, freezer and convection oven. Assigned covered parking is also available on site. This is a fantastic opportunity to live the Hawaii dream and make a good living while doing so. As a turnkey business, the property comes fully furnished and is easy to take over and operate. One can also choose to convert the entire property into a sizeable farm, retreat center, or a full-time residence suitable for two or more large families. The three acres of tropical paradise provides plenty of room to expand, as well as excellent soil for farming, gardening or livestock-keeping. Edible landscaping teems with mango, avocado, banana and citrus trees, as well as abundant macadamia and coffee trees for harvesting. There are still-undeveloped spaces on the property on which to plant new orchards and gardens. This secluded location offers a quiet, peaceful sanctuary with an idyllic year-round climate and 80-degree temperatures most of the year. The property is located within easy proximity to Kealakekua Bay, Honaunau Bay, Ke‘ei Beach, Hookena Beach, Manini Beach Park and Keauhou Bay for premier snorkeling, swimming, diving, and recreational activities. It’s also close to schools, shopping, post offi ce, banks, grocery store and hospital, as well as restaurants, cafés, galleries and shops. The main commerce center of Kailua- Kona is just a 25-minute drive away. The sale of this turnkey property includes the B&B business, all licenses, marketing material, websites and venues. Contact Cindy Griffey at 808-937-3370 for more information. Featured Home LISTED BY: Cindy Griffey, R(S) Associate VP Agency: MacArthur Sotheby’s International Realty Phone: 808-937-3370 Email: Cindy@macarthurhawaii.com MLS: 611108 Price: $1,295,000
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