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23 MACHIDA LANE, HILO, HI 96720

Multi-Unit Beachfront Vacation Rental & Primary Residence

Listing Provided by: COMPASS
MLS #: 704205
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Description

The Hilo Beach House is a successful multi-unit, beach-front, short-term vacation rental, STVR, bordering Onekahakaha 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.

Property Details

Price: $2,999,999
Sold Price:
Address: 23 MACHIDA LANE, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential Income
Type:

Total Bedrooms: 6
Total Bathrooms: 7
Full Baths: 6
Living Area: 3,618 Square Feet

Listed by: COMPASS
Year Built: 2017
Levels:

Features and Amenities

Interior Features: High Ceilings, Office, Vaulted Ceilings
Exterior Features:
View: HIS Coastline, HIS Sunrise, Mountain(s), Ocean
Pool:
Pool Features:

Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
Fireplace Features:
Flooring:
Security: Smoke Detector(s)
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: ONEKAHAKAHA SUBDIVISION
Association Fee: $0 Monthly
Stories: 3
Year Established:
Lava Zone: 3
Flood Zone: VE

Land Information

Lot Size: 9,453 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Landscaped
Frontage: HIS Almost Oceanfront
Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach
Roads: Private
Roads Frontage Type:
Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $1,280,900
Annual Tax: $8,522
Tax Year: 2021
Tax Lot: 4
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available
Cooling: Zoned
Heating: Zoned
Sewer: Septic Tank
Water:
Solid Waste Disposal: Other (remarks)

First Listed October 12, 2023, 3:48 pm
Last Updated June 8, 2024, 4:08 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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