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97 KEOKEA LOOP RD, HILO, HI 96720

Oceanfront, Surrounded by Beach Parks, Future Private Estate or Development

Listing Provided by: COMPASS
MLS #: 708503
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo

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.

Property Details

Price: $1,200,000
Sold Price:
Address: 97 KEOKEA LOOP RD, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 4
Total Bathrooms: 3
Full Baths: 2
Living Area: 1,648 Square Feet

Listed by: COMPASS
Year Built: 1951
Levels: One

Features and Amenities

Interior Features:
Exterior Features:
View: Bay, City, HIS Coastline, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon, Other
Pool:
Pool Features:

Appliances:
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

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

Land Information

Lot Size: 25,824 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Corner Lot, Cul-De-Sac, Dead End, See Remarks, Wooded
Frontage: HIS Almost Oceanfront
Frontage Type: HIS Almost Oceanfront, HIS Rocky Beach, HIS Sandy Beach, Other
Roads: County
Roads Frontage Type: Other
Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $376,500
Annual Tax: $1,254
Tax Year: 2021
Tax Lot: 8A
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities
Cooling:
Heating:
Sewer: Cesspool
Water:
Solid Waste Disposal: None

First Listed March 15, 2024, 7:58 am
Last Updated July 31, 2024, 8:17 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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