$999,500
Contingent


  • MLS# 619974
  • Residential
  • 2 Beds
  • 2 Full Baths
  • 1,388 SQFT
  • South Hilo


NOTE: This property is currently in escrow with a contingent offer. However, the Seller is continuing to market the property and may accept back-up offers during the contingency period. Please contact us for more information.

Ideally located within the prestigious Orchards of Pepe'ekeo, lies over 24 acres of Hamakua Coast, ocean view paradise. An amazing property, appropriately named “Maluhia Kai” (Peaceful Sea), is located only 15 minutes from Hilo and offers so much that it is difficult to describe in the space allotted. From the time you drive through the wrought iron entry gate and up the long, palm-lined drive, you will realize that this is a very special place. An extremely well-built 1388 square foot home is situated perfectly to take advantage of the endless ocean views as well as the Ali’a stream, abundant orchards and lush pastures. The beautifully built 2/2 home features bamboo floors, Corian countertops, gas cooktop, authentic shoji doors, tankless propane water heater and so much more. The 12 X 9 office area is currently being utilized as a third bedroom. A large lanai, accessible from multiple rooms, offers 180-degree ocean views. The home remains comfortable year round thanks to its 500-foot elevation, abundant windows and comfortable trade winds. There is more than ample covered parking as there is a porte cochere in front of the home, a two-car detached carport and a two car garage. A 1384 square foot structure, permitted as an ag building, offers a nice, clean studio that has been utilized as a long term rental in the past, generating $900/month. In addition to the studio with a nice food preparation area, sleeping area and full bath, it has a large two car garage perfect for storing your farm/ranch/lawn equipment, etc. The abundant, income-producing orchards include over 140 Lychee trees, 62 Longan, 105 Rambutan and 100 coffee plants. In addition, the acreage produces several varieties of citrus, avocado, bananas, lilikoi, vanilla, mango, cacao and jackfruit. A very knowledgeable orchard manager currently manages the orchards with orchard production/financial numbers available upon request. There is also an 8 KW backup generator should the need ever arise.


Days On Market
55
Price Per Square Foot
$720
Assessed Value
$424,900
Annual Property Tax
$2,850
Tenure
Fee Simple
Tax Key (TMK)
Association Fee
$50 Monthly
Acres
22.72
Subdivision
Orchards at Pepeekeo
Ocean View
Yes

Interior

Flooring
Other (remarks)
Appliances
Disposal
Dishwasher
Refrigerator
Range/Oven
Window Coverings
Curtains
Washer/Dryer
Dryer
Washer

Exterior

Zoning
A-20A
Flood Zone Click to view tooltip
X
Parking
Covered
Attached
Detached
Other (remarks)
Design
Double Wall
Lot Description
Clear
Grassy
Design
Double Wall
Topography
Gentle Slope
Frontage
Stream/Canal
Fencing
Full

Building Features

Year Built
2007

Utilities

Power
Overhead
Underground
Water
Municipal
Meter Installed
Wastewater
Septic
Telephone
Cell
Land Line
TV
Satellite
Internet
Satellite

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.


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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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