Investment opportunity along the scenic Hamakua Coast! 46-4174 Honokaa-Waipio Road offers a unique chance to renovate, add value, and unlock the potential of a property with a flexible layout and multiple living areas. The upper level features a 3-bedroom, 1-bathroom layout along with a large enclosed lanai with ocean views. Downstairs offers substantial additional living space with three separate rooms and its own entrance, creating potential for extended family, guests, or additional rental possibilities. Buyers are encouraged to conduct their own due diligence regarding permitted uses, rental potential, and applicable County requirements. With its existing layout and opportunity for improvements, this AS-IS property may appeal to investors, buyers looking for a value-add renovation project, or those seeking a property with the potential for multiple living spaces. Outside, the flat, usable backyard is dotted with mature avocado, mac nut, banana, and citrus trees, adding to the property's appeal and offering plenty of room to enjoy the lush Hamakua setting. The property is equipped with an extensive solar system featuring 46 panels, currently under lease with Sunrun. Buyer to review and assume the existing solar lease, subject to Sunrun requirements. Conveniently located near historic Honokaʻa Town, with local shops, restaurants, schools, and community amenities, and along the route toward breathtaking Waipiʻo Valley. Bring your contractor and your vision—this is an opportunity to renovate, add value, and explore the income-producing potential of a uniquely configured Hamakua property.