14-3342 KAULULAAU RD unit: 3, Pahoa, HI 96778

Multi-Unit Investment Opportunity or Ideal Multi-Generational Living in Pahoa This fantastic Pahoa property offers incredible versatility-perfect for investors seeking strong rental potential or for extended families looking to live together while enjoying separate spaces. Built in 1962, the main residence showcases old Hawai'i charm with single-wall cedar construction, original wood-framed windows and jalousies, classic hardwood flooring, and quality craftsmanship throughout. The 2-bedroom, 1-bath home offers 1,252 square feet of comfortable living space, including a spacious screened-in lanai with magical views of the garden-perfect for relaxing or entertaining. The property also features a detached 1-bedroom, 1-bath ohana (approx. 440 sf), a separate 308 sf studio unit ready for flexible use (guest quarters, office, rental, etc.), and a 180 sf workshop for hobbies, storage, or creative projects. Each unit has covered parking. This is a corner lot, with 2 separate driveways (one on each road), to offer a sense of privacy and independence. County water and paved roads, with a fire hydrant close by. Enjoy low monthly power bills with grid-tied solar power (a total of 18 panels), featuring the rare and coveted HELCO buyback program. Further monthly utility savings due to a large-capacity SolarHeart water heater. Set on a fully usable and private 1/2 acre with mature fruit trees, colorful ornamentals, and garden beds. Located on a quiet, dead-end street just five minutes from Pahoa town, this unique property blends peace and convenience in one beautiful package. Whether you're looking to generate income, create a family compound, or both, this exceptional property is ready to support your vision.