Discover the potential of this permitted 2-bedroom, 2-bath single-family home situated on a spacious approximately 1-acre corner lot in Hawaiian Ocean View Estates. Conveniently located just one block off Highway 11, the property offers easy access while maintaining the privacy and space the subdivision is known for. The main residence has been taken down to the framework and is ready for the next owner to bring their vision to life. A permitted enclosed former carport with a full bathroom provides a functional space that may serve as temporary accommodations while construction is completed, subject to buyer verification and intended use. Positioned on an approximately 122' x 356' lot, the property offers ample room for future improvements, landscaping, or additional outdoor living areas. Priced below the current assessed value, this is an excellent opportunity for investors, contractors, or buyers looking to add value through renovation and customization. Buyers are encouraged to perform their own due diligence regarding the condition of the improvements, permitted uses, and any requirements for completing the project. Included with purchase: - 1000 gal catchment tank - new Grundfos water pump - new UV filtration system - 25 gal propane tank - on demand water heater