08/06/2026
โจThe magic lies in the work youโre avoiding. 28-2885 Kolekole Place is no different.
๐ฅ PRICE IMPROVED โ NOW $529,000
This isnโt a turnkey home. Itโs a value-add opportunity.
Savvy investors know the biggest returns often come from properties others scroll past. With approximately 2,220 sq. ft. of living area, more than 5,200 sq. ft. under roof, and a generous lot in the sought-after Hฤmฤkua community of Pepeสปekeo, this property offers the kind of scale thatโs increasingly hard to find.
Even better? Itโs located in Lava Hazard Zone 8, one of the Big Islandโs lowest volcanic risk zonesโan important consideration for long-term value and marketability.
For the right investor with the vision and renovation plan, this property has the characteristics of a project where the ARV after-repair value may be substantially higher than todayโs asking price. Depending on renovation scope, finish quality, and market conditions, the upside could be significant.
Whether your strategy is:
โ๏ธ Fix & Flip
โ๏ธ BRRRR
โ๏ธ Long-Term Rental
โ๏ธ Multi-Generational Living
โ๏ธ Build Long-Term Equity
..this is the kind of opportunity worth running the numbers on.
๐Pepeสปekeo, Hawaiสปi
๐ฒNow Offered at $529,000
DM me, or text KOLEKOLE to 808-201-5002 or go to https://bit.ly/MLS723762 for more info. Link also in bio.
Exceptional Representation. Extraordinary Hawaiสปi Real Estate.
โข
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