Fantastic "fixer-upper" opportunity located at the end of a cul-de-sac in Wailua; aka "Valley of the Kings"! This 3/2, two story home offers options and versatility. The downstairs features two bedrooms and one bath and also reflects recent upgrades such as newer flooring and other improvements. The upstairs offers a one bedroom, one bath which might serve as "in-laws" area and provides an open canvas opportunity for those with DIY vision and who welcome home improvement projects. This is truly a must see to appreciate opportunity. Other homes on this street have recently been listed and sold for over seven figures. The property borders open space pastures and enjoys delightful soothing tradewinds to help you through the warm tropical summers. The location is outside of the tsunami zone, and just 2/10 of a mile from the Wailua Bay Beach at the historic and culturally rich Royal Coconut Coast Wailua River Basin. The Wailua River is a short distance away offering one of the most picturesque settings on the island...a perfect backdrop to your water fun activities such as SUP, fishing, water skiing and more!  Kayaking the Wailua River to Secret falls and the Fern Grotto is super close and walking distance. Enjoy the hike up to the top of Sleeping Giant Mountain, Windsurf Wailua Bay; shopping and restaurants are also within short walking distance. Also nearby are the Wailua Municipal Golf course and Lydgate Beach Park. Your commute to Lihue Town for hospitals as well as major shopping and home improvement centers takes just minutes (without the Kapaa Town traffic!). The property is being sold "As-Is" as reflected in the pricing compared to other homes on this street. One seller is an inactive Hawaii real estate licensee.