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$3,200,000   Price Analysis
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23 Machida Ln
Hilo, HI 96720
6 bed 7 bath 3,618 SqFt ($884/SqFt)
9,453SqFt lot. Built 2017
Listed 2023-10-18, Taxes $12,441
Ⓧ USDA Ineligible
due to price & location

near Hilo

The Hilo Beach House is a successful multi-unit

Beach-front, short-term vacation rental, STVR, bordering Onekahaka Beach Park for easy ocean access and front-row views of the Pacific Ocean. A protected white-sand cove is located steps away from this excellent opportunity. Offering 4 luxury-studio units on the first floor, a 2 bedroom, 2 bathroom residence on the top floor, 2 laundry rooms, linen storage, office, a guest reception area as well as a grand lobby and event area. The air-conditioned, luxury-studio units are decorated and furnished with handcrafted pieces from Bali and feature screened-in balconies boasting ocean and garden views. One of these units includes a full kitchen and the other 3 units include kitchenettes.

When accommodatinglarger parties, the unit with the full kitchen can also be accessed directly from its adjacent unit. The main residence on the top floor impresses with an open layout, plush master suite and another amazing balcony with front-row, ocean views. Grand lobby comes equipped with solar and rain shades and s currently hosting yoga and dance classes. The sum area of these improvements totals over 6, 300 sqft. Fenced on every border and landscaped with a tropical setting. Automatic gate with optional keypad entry. Ample parking as well. Motion lighting and video surveillance system with mobile phone notifications. All vacation rental furnishings, linens, etc. are included. Built compliant with V- .75 Resort-Zoning so vacation rental permits aren't required to conduct business as a vacation rental. Please visit the Hilo Beach House vacation rental website for a detailed description of the rental units.


Presented by David Skeele at
Compass KAILUA KONA.
Listing Agent Photo

Property MLS #704205 from HawaiiInformation

Bedrooms: 6

Total Bathrooms: 6.01
Full Bathrooms: 6
1/2 Bathrooms: 1

Disposal
Dishwasher
Refrigerator
Range/Oven
Range Hood
Laundry Features: Dryer, Washer

Split/Zoned

Ceilings-9'+
Ceiling-Vaulted
Landscaped
Office
Smoke/Heat Detector
Frontage Type: Almost Oceanfront, Sandy Beach
Road Frontage Type: Private

Lot Size Acres: 0.217011
Lot Size Square Feet: 9453

View: Coastline, Mountain, Ocean, Sunrise

Annual Tax Amount: 8522.00
Source Listing Status: Active
Source Property Type: Single Family
Area: South Hilo
Source Neighborhood: ONEKAHAKAHA SUBDIVISION
Subdivision: ONEKAHAKAHA SUBDIVISION
Zoning: V-.75
Property Subtype: Residential
Lot Number: 4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$988,800 + $292,100
$1,280,900
$12,441
2021$638,800 + $289,000
$927,800
$8,522
2020$626,300 + $158,900
$785,200
$7,221
2019$588,700 + $126,200
$714,900
$6,409
2018$588,700 + $120,200
$708,900
$6,339
2017$unknown + $120,200
$120,200
$1,388
2016$unknown + $118,400
$118,400
$1,284
2015$unknown + $118,400
$118,400
$1,284
2014$unknown + $118,400
$118,400
$1,284
2013$unknown + $118,400
$118,400
$1,284
2012$unknown + $126,200
$126,200
$1,243
2010$unknown + $126,200
$126,200
$1,243
2009$unknown + $126,200
$126,200
$1,135
2008$unknown + $126,200
$126,200
$1,135
2007$unknown + $118,400
$118,400
$1,065

Price Changed 2024-05-15
$3,200,000
HawaiiInformation
Price Changed 2024-05-15
$3,200,000
HawaiiInformation
Price Changed 2024-02-06
$3,500,000
HawaiiInformation
Price Changed 2024-02-06
$3,500,000
HawaiiInformation
Listed 2023-10-18
$3,900,000
HawaiiInformation
Listed 2023-10-18
$3,900,000
HawaiiInformation
Listing removed 2023-02-10
$0
HawaiiInformation
Price Changed 2022-09-22
$3,200,000
HawaiiInformation
Listed 2022-08-14
$3,400,000
HawaiiInformation
Sold 2014-01-08
$125,000
Public Record

Total Square Feet Living: 3618
Year Built: 2017
Property Age: 7

Sewer: Septic
Phone Access: Cable, Cell, Land Line
Power: Overhead
TV Access: Cable
Water Source: County

Keaukaha Elementary School is a public elementary school located approximately 0.8 miles away.
directions icon Map directions

Hilo High School is a public high school located approximately 3.9 miles away.
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Hilo Intermediate School is a public middle school located approximately 4 miles away.
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St Joseph School is a private elementary, middle and high school located approximately 3.4 miles away.
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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.