$7,100,000
Active


  • MLS# 619026
  • South Hilo
  • Paukaa Farm Lots
  • Land
  • 564.68 Acres


Hilo Paradise! 564 spectacular acres with streams and huge waterfalls located just 6 miles north of Hilo. Fantastic Mauna Kea Mountain and Hilo Bay views. Honolii Stream with breathtaking waterfalls borders the south side of the property and another stream borders the north end of the parcel.

Current lease provides excellent income. Tremendous potential to lease out additional acreage for farming or other activities.

Large parcels like this are rare to find so close to Hilo. Currently cattle graze the rolling pastureland and a portion of the land is being used by a Zipline tour company.

Current zoning is Agriculture, minimum lot size 20 acres. It may be possible to subdivide this property in the future - which would require approval from the County of Hawaii Planning Department.

The large size of this parcel offers a variety of potential uses, or just enjoy the privacy for your own residential estate. The diversified agriculture potential is unlimited: Tropical fruits (Lychee, Mangosteen, Longan), vegetables, ornamentals, livestock grazing land, root ginger, bananas, papaya, etc.

Located just a few minutes from downtown Hilo. The property has its own airstrip, a remnant of the bygone days of the sugar plantations.

Come see this unique property and enjoy the pleasant East Hawaii lifestyle.

Presented By
Clark Realty's Photo 720-441-2502

Status
Active
Land Area
564.68 ACRES
Tenure
Fee Simple
Mountain View
Yes
Ocean View
Yes
Days On Market
253
Assessed Value
$369,200
Annual Property Tax
$3,416
Tax Key (TMK)

Exterior

Zoning
A-20A
Lot Description
Grassy
Other (remarks)
Wooded
Topography
Gentle Slope
Hilly
Rolling Terrain
Steep Slope
Frontage
Road/Street
River
Stream/Canal

Utilities

Water
Catchment
Wastewater
Septic
Telephone
Cell
TV
Satellite
Internet
Satellite
Wireless
Solid Waste Disposal
Private Contractor

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


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Listed By Hilo Brokers Ltd

© 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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