Hilo Brokers LTD

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1648 sq ft 4 bed 2.01 bath on 0.59 acres in KEAUKAHA
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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.

General Information


Address:97 KEOKEA LOOP RD
HILO, HI 96720
Subdivision:KEAUKAHA
Price:$1,300,000
Form: Residential
House Size:1,648 Sq Ft
Lot Size:0.59 Acres (25,824 Sq Ft)
Type: Not specified
Lava:Zone 3
TMK:3210140580000
MLS:708503
Terms:
  • 1031 Exchange
  • Cash
  • Conventional
  • District: South Hilo District
    (learn more)
    Beds:4
    Baths:2.01
    Built:1951
    Status: Active
    Tenure: Fee Simple
    Taxes:$1,253.99
    Value: $50.34/SqFt (land)
    $788.83/SqFt (stucture)

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    Highlights


    Car Storage...
    • Unassigned
    • Carport 0 Sq Ft
    • Garage 0 Sq Ft
    Fencing...
    • Chain Link
    View...
    • Bay
    • City
    • Coastline
    • Mountain
    • Ocean
    • Ocean Horizon
    • Sunrise
    • Other (remarks)
    Frontage...
    • Almost Oceanfront
    • Rocky Beach
    • Sandy Beach
    • Other (remarks)
    Lot Type...
    • Wooded
    • Corner
    • Cul de sac
    • Dead End
    • Other (remarks)
    Phone...
    • Cell
    • Land Line
    Pool...
    • No
    Power...
    • Underground
    Roads...
    • County
    Sewer...
    • Cesspool
    Waste...
    • None
    Topography...
    • Gentle Slope
    • Rolling Terrain
    • Terraced
    Television...
    • Cable
    Water...
    Location
    Zoning...

  • Zone V-.75
  • Schools...

  • Hilo High, Hilo Intermediate, Ka 'Umeke Ka'eo K-12 Immersion School, Keaukaha Elementary
  • Coordinates...

  • 19.73620096 -155.04188824
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    True oceanfont, this lot has been owned by the family over three generations, 88 years to be exact, since1936. Keaukaha is in a little discovered area on the east side of the Big Island with multiple beach parks including a marine conservation park.


    Keaukaha lies along the coast just northwest of Hilo and tends to have a more undeveloped feel to it than other area beach parks on the island. For this reason, you won't find the crowds here. Subject property is top left with blue roof.


    Sunrise over 2024 Hawaii but still feels and looks like old Hawaii.


    The location has V-.75 Resort-Zoning which allows a permit to do short term vacation rentals. Other potentially allowed uses in V-75 Resort Zoning:


    White lines are approx. Two licensed contractors have paid site visits. Both opinions were that it may be best not to tear down the existing structure rather, the new owner might benefit in keeping the existing footprint. Buyer to do own due diligence.


    Close by Keaukaha Beach Park is one of the most popular swimming and snorkeling sites in Hilo. The beach is protected by an offshore reef, which keeps the water calm and ideal for water activities such as swimming, snorkeling and seasonal big waves.


    Recently completed 2024 Survey of lot 8A containing 25,824 square feet, Lava Zone 3, Flood Zone VE. Survey report attached.


    1951 - 72 year old home of 1,698 square feet w/county records indicating it is 4 bedrooms and 2 bathrooms. Also shown in the foreground is a natural anchialine pond on the property. White lines are approximate. Property sold in AS IS condition.


    This may be a one of a kind opportuity to not only own oceanfront property, but also an opportunity to create a new hospitality business close to other successful B&B's, restaurants, short term vacation homes or better yet, build your oceanfront estate.


    A rendering to spike your imagination about a future multi-residential structure. Whitel property lines are approximate.


    A rendering of a future gazebo next to your private pond.


    Blue roof to the right is the subject property. White sandy beach below the property is an easy stroll. Neighbors to both sides have established estates.


    Subject property has blue roof to the right. The coastline has a wilder feel to it, and the tide pools just beyond the edge of the nieghbors lawn are frequented by feeding Green Sea turtles.


    A few lava rock platform formations sit alongside the spring pools, from which you can see the springs flowing into the cove.


    Easy ocean entry, at times calm like this and other times full of surfers. Hilo town ad Mauna Kea views to the right.


    Your front yard.