July 27, 2016||Big Island Communities: Districts & Subdivisions

Market Update: Hilo’s Lakeview Estates

Lakeview Estates is a new Hilo subdivision in the Kaumana area off Mohouli Street and Kaumana Drive. This project is unique in that it has a 2-acre lake in the middle of the subdivision. The lake is fed by underground springs that flow during times of moderate to heavy rainfall. Some landscaping around the lake has been completed and a few water lilies are flowering. Mosquito-eating fish have been introduced and soon we will be adding tilapia that will eat the algae and provide fishing fun for the family. Having lake frontage in Hawaii is a rarity and having lake frontage in Hilo is limited to Lakeview Estates.

Lakeview Estates 
*Lot boundaries are approximate – click image to view available listings

Featuring 1-acre to 1.5-acre lots, Lake View Estates offers all of the convenience of being in town, but with the benefits of country living. For families raising children, the project is located in the highly acclaimed DeSilva School District. Lakeview Estates offers all the utilities that you would expect like county water, electric, cable and high-speed internet. As of this writing, there are currently 13 of 19 lots left for purchase.

With all of these features, you might expect lots to be the $250,000 range like neighboring Sunrise Estates, but lots in Lakeview Estates start as low as $159,000.

While these lots are selling fast, there is still an ample supply of prime lots to choose from.  For information or to arrange a tour, contact me at 808-987-3320 or by email at rwilliams@clarkhawaii.com.

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