Friday's broker caravan at the tiny beachfront community of Puako ran the gamut of properties for sale, from tiny classic beach shacks on the mauka side of the street, to large estate-size homes on the oceanfront side of the street.
This cottage for sale across the street from the beach is the least expensive home for sale in Puako at $799,000 (MLS 241165)
There is just one small street running through Puako, and because the ocean side tends to have large homes on small lots, very few of the houses on the opposite side of the street have any ocean view at all. In compensation, it is never more than a few steps to the beach from either side of the street, since the public has access to all beaches in Hawai'i.
Three homes are for sale on the mauka side of the street. The least expensive is a classic cottage, reminscent of beach shacks from Cape Cod to Kealakekua Bay, 880 sq ft sold in "as is" condition for $799,000. The grounds of this property are wonderful, with the entrance screened by a Royal Poinciana that just happens to be in bloom right now, and a brackish fish pond.
The second Puako property for sale has two stories, each rented separately, and is offered for $875,000 (MLS 239363). The upstairs is a vacation rental and the downstairs is a long term rental...Puako being a popular choice for both.
At the end of Puako closest to the little store is a brand-new version of the beach cottage, with a huge lanai for entertaining (MLS 240224), offered at $1,000,000. Whereas the other Puako properties for sale on this side of the street would require some updating for most buyer's (and perhaps even to qualify for a mortgage), this cute property already has tiny but modern kitchen (and same for the bath). It is built on the front half of the lot, so it could also become the guest house for a larger home.
Tomorrow I'll review the Puako oceanfront estates currently for sale. It was exciting to have an opportunity to see them back-to-back, and "which is the best value?" was the hotly discussed topic as brokers greeted one another on the street.
A hui hou,