$1,200,000
 $6,442 est/mo Sourced by Back At You

97 Keokea Loop Rd , HILO, HI 96720

HILO, HI 96720

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Description

Nestled in Keaukaha, a Big Island enclave steeped in authentic and complex Hawaiian history, this oceanfront property offers a rare opportunity within a culturally diverse community. Surrounded by three of the island's premier beach parks - Keaukaha, Onekahakaha, and Keokea - it boasts captivating views of Hilo town and the majestic Mauna Kea. With ownership spanning over 7 decades and 3 generations, the current owners seek individuals who will respectfully transform the land while preserving the essence of Old Hawaii. This presents a unique moment to create a landmark Hilo oceanfront estate or an exceptional hospitality business, both infused with authenticity and the natural aloha spirit. The location has V-.75 Resort-Zoning which allows for a permit to do short term vacation rentals; buyer and buyers agent to do their own due diligence in this matter. Other potentially allowed uses in V-.75 Resort Zoning can be found at the County of Hawaii Planning Dept. website. To be clear about oceanfront in Hawaii, most 'oceanfront' properties have a portion of State Land designation between the subject and the water and in this case, nothing in between except sand and rock formations. The natural anchialine pond on the property is brackish and abundant today with Tilapia. Explore the seashore for sealife including the protected Hawaii Green Sea turtle, whale watching, great fishing and surfing right in front of the house. A 1951 built, 72 year old home of 1,698 square feet with county records indicating it is 4 bedrooms and 2 bathrooms. Please review all attached photos with captions and the attached video and survey. Property is sold As Is. Buyer and Buyer's Agent to do their own due diligence. Given the condition of the home, any interested party is highly encouraged to engage a licensed contractor to evaluate the condition. Recently surveyed; see photos and video.

Details

MLS#708503
Listing TypeFor Sale
StyleHouse
Sub-TypeFee Simple
StatusActive
Year1951
Days On Site210
Listing Provided ByCOMPASS | Rebecca Hirsch-Keliihoomalu

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet1,648
Acreage0.59
Property ViewBay, Coastline, City, Mountain

Market Activity 96720

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Hawaii Information Systems.

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Listings Checked: 40 seconds ago
StateHI
CityHILO
Zip Code96720
AreaBig Island
SubareaSouth Hilo
Community NameKEAUKAHA
School DistrictHilo High, Hilo Intermediate, Ka
Listing VS Median (in KEAUKAHA)
Price:
$1,200,000
low | high
Med:
$1,200,000
50% of Average
SqFt:
1,648
low | high
Med:
1,648
50% of Average
$ / SqFt:
$728
low | high
Med:
$728
50% of Average
On Site:
210
low | high
Med:
210.000000
100% of Average
Sourced by Back At You
Listing Updated: October 10, 2024 at 1:29:02 AM PDT