97 KEOKEA LOOP RD, HILO, HI 96720

$1,300,000
4
BD
2
BA
1,648
SqFt
List Price
$1,300,000
Days on Market
68
MLS#
708503
Status
ACTIVE
Type
Single Family Residential
Bedrooms
4
Bathrooms
2
Living Area
1,648
Land Tenure
Fee Simple
Neighborhood
Keaukaha

Property 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.

Additional Information

Schools
Hilo High, Hilo Intermediate, Ka 'Umeke Ka'eo K-12 Immersion School, Keaukaha Elementary
Roads
County
Parking
Unassigned
Taxes Annual
$1253
View
Bay, Coastline, City, Mountain, Ocean, Ocean Horizon, Sunrise, Other (remarks)
Lot Number
8A
Zoning
V-.75
Lot Size
25,824
Lot Description Land
Cul de sac, Dead End, Corner, Wooded, Other (remarks)
Water
County
Power
Underground
Frontage
Almost Oceanfront, Other (remarks), Ocean, Ocean
Sewer
Cesspool
Assessed Value
376500
Topography
Rolling Terrain, Gentle Slope, Terraced
District
South Hilo
Year Built
1951

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of COMPASS.

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