Sold For $430,000 on Sep 8, 2017

  • MLS# 607322
  • Onomea Bay
  • 17.78 Acres

This 17.89 Acres Onomea property is home to ~1100 healthy and productive Macadamia Nut Trees. Net income in 2011-17 Season was ~$5000; the income varies depending on various factors. The orchard has 11.5 tree-acres (96 trees = 1 tree-acre). The orchard was planted over 35 years ago. IRC allows value of trees to be depreciated over 5 to 15 years. Discuss with a tax attorney or CPA who has expertise in orchard ownership accounting and tax law when considering the purchase of a producing orchard. This property also has home-site potential, ocean views and a stream-side features. Only 12 minutes drive on mostly paved roads from Hilo this property is close to town, yet replete with privacy, space and gorgeous views. Enjoy!

Sold Date
Sep 8, 2017
Sold Price
Listed Price
Land Area
17.78 ACRES
Fee Simple
Property Type
Ocean View
Days On Market
Assessed Value
Annual Property Tax
Tax Key (TMK)
Price Per Square Foot


Flood Zone
Lot Description
Other (remarks)
Gentle Slope


Land Line
Solid Waste Disposal

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South Hilo

Hilo town, the hub of the South and North Hilo districts, was once a thriving port for the sugar cane industry. Today it is the Hawaii County Seat and home of the island's major state and federal offices, a modern international airport, Hilo Medical Center, the University of Hawaii-Hilo, and state-of-the-art Imiloa Astronomy Center.

Although Hilo is not an incorporated city, it is the second-largest population center in the state with over 40,000 residents according to the 2000 census. Hilo also has an array of commerce and entertainment offerings--boutiques and galleries, big box stores, restaurants, museums, and several hotels.

The historic Bayfront area, though impacted by major tsunamis in 1946 and 1960, is still a center of economic and cultural activity, including a weekly farmers market, Palace Theatre events and the annual Black & White Night, Merrie Monarch, and Ho'olaule'a festivals.

Embracing the town's reputation as "the rainiest city in America", Hilo residents have a certain pride about East Hawaii's weather and enjoy a different flavor of Hawaii life than their neighbors on the dry west side. The Big Island’s famed greenery, tropical fruits and flowers, trees, ferns, forests, and farms all require reliable rainfall to thrive. Water is so important to life in Hawaii that waiwai (the word for "water", doubled) translates as "assets, valuable, wealth, rich, worth and benefit."

As is true for much of the Big Island, Hilo real estate is a mixed market, with upscale custom homes and fixer-upper "opportunity" properties, condos, vacation residences, private estates and oceanfront property. A knowledgeable Clark Realty agent can guide you to the best Hilo property for your needs.

Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty is not a lender and does not guarantee that the rate and terms displayed above can be obtained.

Similar Properties are within a 1.5 mile radius and are within 10% of the listing price.

Listed By Joel K. Lapinta

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.

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