3248 S akala Dr in akala drive - $1,319,900

24 hours required to show. Besides being a beautiful place to live this property is a great investment. The highly upgraded cottage has extreme privacy and has 568 SF with one spacious bedroom and granite bath, granite clad kitchen, wood floors, cherry wood cabinets, tile roof, two car parking + and a covered 13X26 foot patio with vaulted finished ceilings. Cottage is on septic with a 1,000 gallon capacity. Cottage pays $2000 a month. House is on cesspool. The extended roof over the washer and dryer is non-conforming to county records. Towering pine trees, coconut palms, fan palms, mango and other varieties of palm. The main house has three bedrooms and three full highly upgraded bathrooms with high end plumbing, tiles, wood floors, vaulted wood ceilings and a beautiful family room. The bath in the MBR is non conforming. Three zone split A/C. Custom kitchen with Viking oven, wine cellar. Huge outdoor patio with ocean views. Lanai wraps around to the bedrooms with a staircase to the first floor. Upstairs and downstairs tenants share the washer and dryer. House is immaculate. The tenants pay $2900 a month instead of $3500-$4000 because they manage the property, pay the electric and maintain the landscaping. One car attached garage is non-conforming. The garage door opener, several ceiling fans, upstairs refrigerator, some plumbing fixtures belong to the tenants but everything can be bought from them. The ohana downstairs is a one bedroom one bath with around 600 sf. They pay $1,800 a month rent which included their electric. The upstairs tenant pays all the electricity. All three rentals show beautifully. The ohana tenant has been there over 6 years and wants to stay. The upstairs tenant wants to stay. The main house has tiled roof. The 2018 appraised value is $1,325,000.

This property is listed by:
Eric C. Ong.

Listing data provided by:
The Maui Multiple Listing Service