New Listing
Description
Two beautiful homes on one rare grandfathered parcel in one of Hilo's most convenient neighborhoods. Set on an 18,024 square foot RS-10 lot and fully fenced, this property offers the flexibility few Hawaii listings can match: comfortable multi-generational living or a diversified income portfolio with three distinct income streams. The front home, lovingly known as The Pineapple Retreat, was built in 1950 and refreshed in 2022. It's a welcoming traditional island style home with Hilo Bay views from the primary living areas. Below, an independent basement studio with its own private entrance, kitchenette and fallout shelter enjoys a stable longer-term tenancy, or easily combine the 2 units back to the original status to create a 4 bedroom, 2 bathroom single family home. The rear residence, Hilo Bayview, was built in 1980 and was fully renovated in 2021. Enjoy sweeping island vistas and trade-wind breezes from its upper living spaces, along with generous bedrooms and modern finishes throughout. The 4 bedrooms and 3 bathrooms are complemented by an office, storage area, and a home theater room. Both homes come fully furnished and currently operate successfully as short-term rentals, earning great guest reputations. The hosted operation runs under current Hawaii County code with an on-site long-term co-host. Minutes from downtown Hilo, farmers market, bayfront parks, restaurants, shopping, and the airport, 441 Mohouli balances island charm with a genuine investment opportunity. Enjoy a 3D walkthrough and floor plans at https://my.matterport.com/show/?m=q9Kz3uVZhmV&brand=0 Please do not disturb guests.
Details
| MLS # | 734458 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 5 |
| Listing Provided By | David Hubbard - Sole Proprietor | David Hubbard |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,298 |
| Zoning | RS-10 |
| Acreage | 0.41 |
| Property View | Ocean Horizon |
Taxes
| Property | 2251 |
|---|
Area Information
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | MOKAULELE HEIGHTS HOUSELOTS |
| Listing VS Median (in MOKAULELE HEIGHTS HOUSELOTS) | |
Price: $1,195,000 low | high Med: $597,500 sqft: 3,298 low | high Med: 1,378 $ / sqft: $362 low | high Med: $434 On site: 5 low | high Med: 413 | |
Market Activity 96720
Request a showing
Request a showing
Contact
Learn More About This Property
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | MOKAULELE HEIGHTS HOUSELOTS |
| Listing VS Median (in MOKAULELE HEIGHTS HOUSELOTS) | |
Price: $1,195,000 low | high Med: $597,500 sqft: 3,298 low | high Med: 1,378 $ / sqft: $362 low | high Med: $434 On site: 5 low | high Med: 413 | |
 | $1,200,0001055 Kikau PlHilo, HI 96720 |
