Tremendous oceanfront development opportunity. This property was recently rezoned to AG-5 (minimum 5 acre lot size), and surveyed at 20.027 acres, with potential to subdivide into 4 oceanfront 5 acre lots. The existing oceanfront home is serviced by both county water, and well. In addition, there are up to 6 more county water meters available. This property gives you a sense of old Hawaii, looking out over the Pacific Ocean. Set far from the highway and without road noise, it is the perfect setting for you to enjoy the best of life in Hawaii.
See the property video tour here: https://show.tours/v/gy45GMj
3D virtual tour of home: https://bit.ly/4efj5qX
The home has just under 4,000 sqft of living area, with approx 700sqft of ocean view lanais. Though updating could be done, this home is move in ready. With vaulted ceilings and an open concept living area, ocean views abound. There are 5 room suitable for sleeping & guests. The primary suite has ocean views, with large bathroom w/jetted tub and walk-in closet. Just off the primary is a 2nd bathroom, with 2nd bedroom adjacent. Next is a large office/den, which could also be used for guests. Upstairs: 1st loft has 2 enclosed rooms setup with beds, bath, and large open space. A 2nd large loft offers even more flexible space. A 3 car garage is attached to the home.
This property is buffered from road noise, with tremendous privacy. Endless potential to create a multi generational estate with several homes. Much prep work has been done, and the potential oceanfront lot subdivision offers a uniquely high demand/short supply product. Additional due diligence recommended, no warranties or guarantees.
The home is fully permitted; around 2020 past foundation issues were addressed, and interior floors redone.
There is an additional carport/ag storage building of approx 720 sqft, as well as a barn on the property.
NO unscheduled or unsupervised visits to property.
Amenities: Dishwasher, Disposal, Microwave, Range, Range Hood
TMK: 3390010240000
Tax Assessed Value: $852,700
Courtesy: Hilo Brokers Ltd
MLS: 714967
Good to Know
Note: This page displays all real estate for sale in Hilo, single-family homes and condos. If you want to see condos only, then visit our Hilo condos for sale page.
Tremendous oceanfront development opportunity. This property was recently rezoned to AG-5 (minimum 5 acre lot size), and surveyed at 20.027 acres, with potential to subdivide into 4 oceanfront 5 acre lots. The existing oceanfront home is serviced by both county water, and well. In addition, there are up to 6 more county water meters available. This property gives you a sense of old Hawaii, looking out over the Pacific Ocean. Set far from the highway and without road noise, it is the perfect setting for you to enjoy the best of life in Hawaii.
See the property video tour here: https://show.tours/v/gy45GMj
3D virtual tour of home: https://bit.ly/4efj5qX
The home has just under 4,000 sqft of living area, with approx 700sqft of ocean view lanais. Though updating could be done, this home is move in ready. With vaulted ceilings and an open concept living area, ocean views abound. There are 5 room suitable for sleeping & guests. The primary suite has ocean views, with large bathroom w/jetted tub and walk-in closet. Just off the primary is a 2nd bathroom, with 2nd bedroom adjacent. Next is a large office/den, which could also be used for guests. Upstairs: 1st loft has 2 enclosed rooms setup with beds, bath, and large open space. A 2nd large loft offers even more flexible space. A 3 car garage is attached to the home.
This property is buffered from road noise, with tremendous privacy. Endless potential to create a multi generational estate with several homes. Much prep work has been done, and the potential oceanfront lot subdivision offers a uniquely high demand/short supply product. Additional due diligence recommended, no warranties or guarantees.
The home is fully permitted; around 2020 past foundation issues were addressed, and interior floors redone.
There is an additional carport/ag storage building of approx 720 sqft, as well as a barn on the property.
NO unscheduled or unsupervised visits to property.
Note: This page displays all real estate for sale in Hilo, single-family homes and condos. If you want to see condos only, then visit our Hilo condos for sale page.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
