$1,300,000 Price Analysis    ♡   Hilo, HI 96720 4 bed 3 bath 1,648 SqFt ($788/SqFt) 0.59 acre lot. Built 1951 Listed 2024-03-15, Taxes $1,306 | Ⓧ USDA Ineligible due to price & location near Hilo |
Nestled in Keaukaha
A Big Island enclave steeped in authentic and complex Hawaiian history, this oceanfront property offers a rare opportunity w ithin a culturally diverse community. Surrounded by three of the island's premier beach parks Keaukaha, Onekahakaha and Keokea it boasts captvating views of Hilo town and the majestic Mauna Kea. With ownership spanning over 7 decades and 3 generations, the current owners seek individuals who will respectfully transform the land while preserving the essence of Old Hawaii. This presents a unique moment to create a landmark Hilo oceanfront estate or an exceptional hospitality business, both infused with authenticity and the natural aloha spirit. The location has V-.75 Resort-Zoning which allows for a permit to do short term vacation rentals; buyer and buyers agent to do their own due diligence in this matter.
Other potentially allowed uses in V-.75 Resort Zoning can be found at the County of Hawaii Planning Dept. website. To be clear about oceanfront in Hawaii, most 'oceanfront' properties have a portion of State Land designation between the subject and the water and in this case, nothing in between except sand and rock formations. The natural anchialine pond on the property is brackish and abundant today with Tilapia. Explore the seashore for sealife including the protected Hawaii Green Sea turtle, whale watching, fantastic fishing and surfing right in front of the house. A 1951 built, 72 year old home of 1, 698 square feet with county records indicating it is 4 bedrooms and 2 bathrooms. Please review all attached photos with captions and the attached video and survey. Property is sold As Is. Buyer and Buyer's Agent to do their own due diligence. Given the condition of the home, any interested party is highly encouraged to engage a licensed contractor to evaluate the condition. Recently surveyed; see photos and video.
Presented by Rebecca Keliihoomalu at
Compass KAILUA KONA.
Property MLS #708503 from HawaiiInformation
Full Bathrooms: 2
1/2 Bathrooms: 1
Frontage Type: Almost Oceanfront, Sandy Beach, Rocky Beach
Road Frontage Type: County
Lot Size Acres: 0.5928375
Topography: Rolling Terrain, Gentle Slope, Terraced
Lot Size Square Feet: 25824
Map directions Map directions Map directions Map directionsSource Listing Status: Active
Source Property Type: Single Family
Area: South Hilo
Source Neighborhood: KEAUKAHA
Subdivision: KEAUKAHA
Zoning: V-.75
Property Subtype: Residential
Lot Number: 8A
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $168,000 + $197,500 $365,500 | $1,306 |
| 2021 | $157,400 + $197,500 $354,900 | $1,253 |
| 2020 | $147,100 + $197,500 $344,600 | $1,203 |
| 2019 | $137,100 + $197,500 $334,600 | $1,154 |
| 2018 | $127,400 + $197,500 $324,900 | $1,106 |
| 2017 | $117,900 + $197,500 $315,400 | $1,305 |
| 2016 | $108,700 + $197,500 $306,200 | $1,260 |
| 2015 | $99,800 + $197,500 $297,300 | $1,216 |
| 2014 | $98,300 + $197,500 $295,800 | $1,209 |
| 2013 | $92,800 + $197,500 $290,300 | $9,004 |
| 2012 | $92,800 + $334,200 $427,000 | $1,703 |
| 2010 | $88,200 + $326,400 $414,600 | $1,567 |
| 2009 | $64,400 + $326,400 $390,800 | $1,512 |
| 2008 | $61,800 + $317,600 $379,400 | $1,462 |
| 2007 | $59,300 + $309,100 $368,400 | $1,413 |
$1,300,000
HawaiiInformation
Year Built: 1951
Property Age: 73
Phone Access: Cell, Land Line
Power: Underground
TV Access: Cable
Water Source: County
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.