23 MACHIDA LANE, HILO, HI 96720

$3,200,000
6
BD
6
BA
3,594
SqFt
List Price
$3,200,000
Price Change
▼ $200,000 1663904382
Days on Market
117
MLS#
663562
Status
ACTIVE
Type
Single Family Residential
Bedrooms
6
Bathrooms
6
Living Area
3,594
Land Tenure
Fee Simple
Neighborhood
Onekahakaha Subdivision

Property Description

The Hilo Beach House is a successful multi-unit, beach-front, short-term vacation rental, STVR, bordering Onekahaka Beach Park for easy ocean access and front-row views of the Pacific Ocean. A protected white-sand cove is located just steps away from this amazing opportunity. Offering 4 luxury-studio units on the first floor, a 2 bedroom, 2 bathroom residence on the top floor, 2 laundry rooms, linen storage, office, a guest reception area as well as a grand lobby and event area. The air-conditioned, luxury-studio units are decorated and furnished with handcrafted pieces from Bali and feature screened-in balconies boasting ocean and garden views. One of these units includes a full kitchen and the other 3 units include kitchenettes. When accommodating larger parties, the unit with the full kitchen can also be accessed directly from its adjacent unit. The main residence on the top floor impresses with an open layout, plush master suite and another amazing balcony with front-row, ocean views. Grand lobby comes equipped with solar and rain shades and is currently hosting yoga and dance classes. The sum area of these improvements totals over 6,300 sqft. Fenced on every border and landscaped with a tropical setting. Automatic gate with optional keypad entry. Ample parking as well. Motion lighting & video surveillance system with mobile phone notifications. All vacation rental furnishings, linens, etc. are included. Built compliant with V-.75 Resort-Zoning so vacation rental permits aren't required to conduct business as a vacation rental. Please visit the "Hilo Beach House" vacation rental website for a detailed description of the rental units. And be sure to view the 3D walkthrough @: https://listing.hawaiirealtysolutions.com/ut/23_Machida_Lane.html

Additional Information

Solid Waste Disposal Trash
Other (remarks)
Roads
Private
Features
Ceilings-9'+, Ceiling-Vaulted, Landscaped, Office, Smoke/Heat Detector
Parking
Other (remarks)
Taxes Annual
$8522
View
Coastline, Mountain, Ocean, Sunrise
Appliances
Disposal, Dishwasher, Refrigerator, Range/Oven, Range Hood
Lot Number
4
Zoning
V-.75
Lot Size
9,453
Water
County
Power
Overhead
Frontage
Almost Oceanfront, Ocean
Heating Cooling
Split/Zoned
Sewer
Septic
Assessed Value
1280900
Washer Dryer
Dryer, Washer
District
South Hilo
Year Built
2017

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Corcoran Pacific Properties.

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2022 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.