Discover a rare, scarcity-backed coastal capital allocation opportunity on the pristine Puna oceanfront corridor of the Big Island. Positioned on an expansive, manicured half-acre direct oceanfront parcel in Hawaiian Paradise Park, this custom 4-bedroom, 3.5-bathroom luxury estate offers 2,014 square feet of premium architectural design. Completely remodeled in 2014, the residence masterfully pairs high-end modern finishes with superior coastal structural engineering built to withstand the marine environment. This estate represents a distinct micro-market of absolute geographic scarcity that stands completely apart from, and should not be compared to, standard interior neighborhood properties.

THE REGULATORY MOAT:
For 1031 exchange investors facing tight 45-day identification timeframes, this property delivers an irreplaceable commercial barrier to entry. The estate conveys with a highly coveted, fully grandfathered, un-hosted Short-Term Vacation Rental (STVR) permit. Under modern Hawaii County regulations, new un-hosted permits are completely banned in this residential zone—permanently insulating your rental rights and protecting your revenue stream from future local competition.

VERIFIED PROVEN PERFORMANCE:
Skip the guesswork of theoretical models and unproven assets. This property features documented, successful 5-year historical trailing P&L. In 2022, tracking cut off early on September 1st due to a private estate transition, yet the property had already generated $106,090 in Gross Rents in just 8 months. Review of the historical data reveals these six-figure revenues were achieved while the previous owners restricted booking availability to personally stay in the home for 40 to 66 nights per year, leaving an incoming investor with massive untapped scheduling capacity to maximize calendar yields. Note that taxes, cleaning, and platform fees are structured as a pass-through paid directly by guests at booking.

PRISTINE ASSET PRESERVATION:
Held strictly for private family use over the past three years, the custom infrastructure features near-zero commercial wear-and-tear. It presents an immaculate, launch-ready canvas completely free of the typical deferred maintenance or appliance fatigue found in active high-turnover rentals.

OPERATIONAL INCLUSIONS: Premium custom furnishings and STR staging inventory are fully included in the list price.

 Submarket data packets, and the original 5-year Trailing P&L sheet are compiled and ready for immediate delivery to satisfy your 1031 exchange due diligence.