564 Hoaka Rd - Specialty FOR SALE


Hilo, HI 96720
$1,590,000 USD
808-430-5522
564 Hoaka Rd, Hilo, HI for Sale
$1,590,000 USD
Specialty - FOR SALE
1/10
null | Request Cap Rate

564 Hoaka Rd
Hilo, HI 96720


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.8 AC

LAND SF

165,561 SF

ZONING

A-3A

APN/PARCEL ID

3-2-4-006-171-0000

ASK ABOUT THIS PROPERTY

Brent WennerKW Big IslandMore Info
808-430-5522

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Brent WennerKW Big IslandMore Info
808-430-5522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.