SOLD | $4.3M
DescriptionSlide open the glass doors and relax on the shady lanai steps from the Pacific Ocean at Simpson Manor. Stand in awe of the panoramic views, extending from ‘Āina Haina to the north, clear to Portlock Beach and Hanauma Bay Ridge. This luxurious and fully renovated cottage zoned Residential R-10, is a perfect spot to plan the future of this nearly one-acre oceanfront property. With a mixed-use structure on the land totaling nearly 30,000 square feet, the property previously held a Conditional Use Permit and was operated as a private school. The cottage’s three outdoor patios connect easily to the indoor living area, amplifying the living space and honoring the cottage’s effortless island vibe. Large paneless windows surround the living area and the designer kitchen for the ultimate reminder of where you happen to be: paradise with possibilities. Live a cozy oceanfront life with the sense of aloha ever-present. Property and opportunity details provided by seller or others; buyer to verify.
Total
29,920± sf | .90± ac
Cottage: 920± sf cottage
2 bedrooms and 1 full bathroom
Mixed-use Building
29,000± sf
Architectural Features
Cottage was fully renovated in 2020; Walls of glass sliders and clerestory windows; Luxury Vinyl Plank floors
Interior Features
Indoor-outdoor floorplan; Crisp white walls and ceilings; Chef’s kitchen with large island, open shelving, quartz countertops, designer appliances; Dining room
Outdoor Features
Large covered lanai; Two additional patios; Private cottage parking
Additional Spaces & Amenities
29,000± sf historic mixed-use building (once home to a prestigious private schools)
Location
15 minutes east of downtown Honolulu; 20 minutes from Daniel K. Inouye International Airport; 5 miles from Diamond Head; 1 hour from North Shore beaches
Disclosure
Auction: Property details provided by seller or others; buyer to verify. Concierge may also, in its discretion, offer additional incentives to one or more pre-auction bidders, including but not limited to guarantees and purchase terms that differ from the Purchase and Sale Contract. Buyer's Premium subject to VAT.
Deposit
Deposit: $100,000 bidder deposit required
PAYMENT OF TAXES: If any VAT (value added tax), General Excise Tax (GET), or similar tax is due in connection with the payment of the Buyer’s Premium, it shall be Buyer’s sole obligation to pay all taxes. If the Property is located in the state of Hawaii, Concierge shall add any Hawaii GET tax to the total of the Buyer’s Premium at the then-applicable maximum pass-on rate(s) as promulgated by the state and local jurisdictions, found here: [https://tax.hawaii.gov/geninfo/countysurcharge/](https://tax.hawaii.gov/geninfo/countysurcharge/).
Buyer's Premium
12%
Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.
Buyer's Agent Compensation
2.5%
Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.
Payment of Taxes
If any VAT (value added tax), General Excise Tax (GET), or similar tax is due in connection with the payment of the Buyer's Premium, it shall be Buyer's sole obligation to pay all taxes. If the Property is located in the state of Hawaii, Concierge shall add any Hawaii GET tax to the total of the Buyer's Premium at the then-applicable maximum pass-on rate(s) as promulgated by the state and local jurisdictions, found here: tax.hawaii.gov
Simpson Manor | 5257 Kalanianaole Highway, Honolulu, Hawaii 96821
Concierge Auctions, LLC, (“Concierge Auctions”) is an auctioneer. Concierge Auctions’ principal address is 228 Park Avenue South, Suite 70835, New York, NY 10003, and its phone number is (212) 202-2940. If required, Concierge Auctions (or its representative) is registered, licensed and/or bonded in the U.S. state where the property to be auctioned is located. Our registration, licenses and bond information for Hawaii is: Concierge Auctions, LLC, Frank Trunzo, Auctioneer, Auctioneer Permit #AUC569. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC) ], Broker, Real Estate Brokerage License #RB-23427, 500 Ala Moana Blvd. Suite 7-400 (Suite 464) Honolulu, HI 96813, Telephone: (212) 202-2940. Tony R Young, Broker, License #RB-23428. This property is listed for sale by RE/MAX ALOHA HOMES, Broker, License #RB-22639, 91-1123 Keaunui Drive Suite #236 Ewa Beach, HI 96706, 808-393-9966, Stephanie Rae Band, License #RS-84381, (“Listing Agent”). Concierge Auctions (in certain jurisdictions) and certain Concierge Auctions subsidiaries, employees, and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, however, neither Concierge Auctions nor its agents, employees, and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Concierge Auctions, the Listing Agent, the seller of the property and their respective agents, employees, and affiliates do not represent, warrant, or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements, and materials. This is not meant as a solicitation for listings or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Concierge Auctions bidder terms and conditions.
Oct 31, 2024 at 7:20pm (EDT)
