92-1435 Aloha Blvd, OCEAN VIEW, HI 96737

Property Description

Discover exceptional flexibility and value on this 1-acre Ocean View property, featuring a 4-bedroom, 2-bath home with strong multi-generational or rental potential! Built in 2008, the 1,518 sq. ft. home offers two identical living spaces—a full first floor and full second floor, each with the same layout, separate exterior entrances, and no interior connection. Perfect for extended ʻohana (family), guests, or rental opportunities. The upper level includes a spacious lanai with sweeping ocean views, ideal for relaxing and enjoying the beautiful Hawaiian scenery. In addition to the main home, the property includes three 10' x 12' outbuildings, offering storage, workshop space, or creative-use potential. There's also a massive 800 sq. ft. quonset-style greenhouse, ready for gardening, homesteading, or hobby projects. Infrastructure is a standout: Overhead HELCO power Two septic systems 10,000-gallon catchment tank Laminate wood flooring throughout the main home Two driveways—one leading to the main house at the back of the lot, and another serving two of the outbuildings along with a large graded pad, a prime location for a future structure or possible ADU utilizing the second septic system (buyer to verify). The home requires a new roof and some TLC and is priced accordingly. Due to the roof condition, the property is not currently insurable and will not qualify for conventional mortgage financing. This presents an excellent opportunity for cash buyers, investors, or those looking to renovate and build equity. Conveniently located close to the highway, essential amenities are just a short drive away, including gas stations, grocery stores, shopping centers, a hardware store, propane/rentals, local restaurants, a Post Office, and an auto parts store. If you're looking for space, versatility, and the opportunity to add value through improvements, this Ocean View property is well worth a look.