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564 Hoaka Rd

4,014 SF Speciality Building Offered at £1,268,582 in Hilo, HI 96720

Executive Summary

Property Highlights:
Nature Lover’s Dream: This property features 3.7 acres of private forest and botanical gardens
near the majestic trees, in the foothills of Mauna Loa Volcano. Part of the ancient Waiakea Uka subdivision, it borders on the watershed, which offers acres of walking trails and pure volcanic water on tap.
Rental Potential: Generate long-term rental income or enjoy multiple family units, with three separate beautiful homes, each with their own entrance, parking, & kitchen: Two - 2BR/1BA Units and a 5BR/3BA Unit
Prime Location:- Enjoy the tranquility of this secluded haven while being just a short drive from the vibrant town of Hilo. This property is a rare find, offering a blend of natural beauty, income potential, and flexible use.
At nearly 1000 feet elevation, it is kept refreshingly cool with refreshing trade winds. Relish the best of both worlds—peaceful privacy and quick access to local amenities, shopping, dining, and cultural
attractions; only 10 minutes from the University, 15 minutes from Target and the Hilo Medical Center, 20 minutes from the beaches, and 45 minutes from Volcano and the Caldera.
Event Space Ready: The expansive grounds, with a huge variety of flora and fauna and fruit trees, provide ample opportunities for hosting events (may need additional permit), from intimate gatherings to larger celebrations, with a spacious country-style kitchen, dining room and living room.
Bamboo Bathhouse: Nestled in a lush bamboo grove with orchids and vanilla vines, is a modern jet shower, a large tub, a compost toilet and a space that could be used as a massage room.
Glamping Tent: Near the bathhouse, a 10-person tent on a platform with a roof, electricity, running water and an outdoor kitchen, provides a great place for visiting friends and
family.
Ample Parking:- The wide driveway provides generous parking, including a space where friends with campers can park.

Property Facts

Price £1,268,582
Price Per SF £316
Sale Type Investment
Property Type Speciality
Building Class B
Lot Size 3.80 AC
Building Size 4,014 SF
Number of Floors 1
Year Built 1996

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-2-4-006-171-0000
Land Assessment
£237,440
Improvements Assessment
£514,773
Total Assessment
£752,213

zoning

Zoning Code A-3A
A-3A
  • Listing ID: 34235463

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 564 Hoaka Rd, Hilo, HI 96720

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