4797 Alaeke Rd

Description

All cash offers only please. $100K price drop! If someone wants income, a place to live and privacy this is it! Lowest priced home on acreage on the north shore and never before on the market. Follow the country road along the beautiful Wainiha river to the end as the afternoon sunlight filters through the trees and reflects off the water creating a stunning entrance to this crown jewel of a property. The last home on the road with the majestic Wainiha Valley behind you. An adorable cottage awaits you with hardwood floors, slab granite counters and top end cabinets on over 1.3 acres of land sitting next to a large beautiful river. A very functional and well-built two bedroom one bath accessory building built next to the home is included in the sale. Majestic stands of bamboo and other tall trees alongside the river make for a magical charm to this property that is rarely seen. This special property is zoned open which means it qualifies for over 6000 sq ft of lot coverage. Check with county guidelines for more information on density and lot coverage. Mere words and photos cannot adequately describe the timeless beauty and understated grandeur of this secluded river front property. It must be experienced. Property has 3 separate living areas with a possibility of a 4th with work. Current income of $3200 per month between the $1200 from the 1 bedroom, 1 bath studio underneath main home and the accessory building ($2000) which includes two bedrooms one bath. The owner currently lives upstairs in the main residence. This property has the perfect combination of seclusion, beauty, and rental income.