$1,395,000
Active


  • MLS# 611729
  • Residential
  • 5 Beds
  • 3 Full Baths
  • 4 Partial Baths
  • 3,537 SQFT
  • South Hilo


Opportunity, Opportunity, Opportunity! Beautiful One-of-a-Kind Property with so many possibilities on 5.53 acres with breath taking ocean views. This home was built with tropical living in mind, with a lanai that wraps around most of the 2nd story and equal lanai space on the main floor. Living area alone is 3,537-sf PLUS a 3,584-sf warehouse with 4 garage doors offering endless uses....mega storage, workshop. And to add to its value, this property is Zoned RS-10.
There are a total of FIVE (5)-master bedrooms and 2-1/2 baths, including 2 master bedrooms and a large family/recreational room upstairs with a spacious lanai to take in the ocean views!
A spacious chef’s delight kitchen with custom African mahogany and eucalyptus cabinets, corian counter tops, 2 dish washers, cook top and microwave/oven combination. This kitchen, dining and living space are perfect for those who love to entertain large parties or intimate gatherings.
A PhotoVoltaic system with 132 panels (X 280 watts)=36,980 watts utilizing state of the art technology system and has a 20-yr PhotoVoltaic FIT metering (transferable) contract with HELCO at approximately $1,000./mo income from 1/1/13 to 12/31/2032. 75 additional PV panels for house use on NET metering, making your electric bill minimal. In total:$500,000 + owner investment in state of the art PV systems. There is also a 3rd backup PV system that provides for uninterrupted service in case of power failure.
The property also has 6 enclosed plastic catchment tanks for a total of 16,000-gal.
The owners also installed two 1-1/2” pipe in the brand new concrete driveway, in preparation for County water connection.
Tear-drop designed landscaping with electrical and plumbing installed for lighting & sprinkler.
Banana orchard PLUS a variety of citrus, rambutan, durian & much more.
A primary residence or a Bed and Breakfast, shown by appointment only!




Days On Market
16
Price Per Square Foot
$394
Assessed Value
$926,400
Annual Property Tax
$4,959
Tenure
Fee Simple
Tax Key (TMK)
Acres
5.53
Mountain View
Yes
Ocean View
Yes

Interior

Flooring
Carpet
Ceramic Tile
Laminate
Appliances
Disposal
Dishwasher
Microwave
Refrigerator
Other (remarks)
Window Coverings
Blinds

Exterior

Zoning
RS-10
Flood Zone
X
Garage Spaces
None
Parking
None
Other (remarks)
Design
Double Wall
Lot Description
Grassy
Design
Double Wall
Topography
Gentle Slope
Frontage
Road/Street

Building Features

Year Built
2005
Kitchen
Island
Pantry
Other (remarks)
Countertops
Solid Surface
Fireplace Location
None
Roof Design
Steel/Metal
Exterior Finish
Wood
Driveway
Concrete
Circular
Other Features
None
Basement
None
Water Heater
Electric

Utilities

Power
Solar/Photovoltaic
Underground
Water
Catchment
Wastewater
Cesspool
Telephone
Cable
Cell
TV
Satellite
Internet
Cable
Wireless

Select a Point of Interest and Radius from the form above.

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 Corporation is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


Listed By Clark Realty Corporation - Hilo

© 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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