NOT LISTED FOR SALE

15-991 Paradise Ala Kai Dr Keaau, HI 96749

Estimated Value: $1,184,159 - $1,529,000

4 Beds
3 Baths
1,952 Sq Ft
$695/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $1,100,000 $564 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,213/month

9 Days on Market

Highlights

  • Ocean View
  • 2 Car Attached Garage
  • Landscaped
  • Waterfront
  • Wet Bar
  • Stone Wall

About This Home

As of July 2024

Welcome to 15-991 Paradise Ala Kai - a successful short-term vacation rental property with unparalleled views of the Pacific Ocean.

Located in the coveted Kaloli Point area of Hawaiian Paradise Park - "the neighborhood within the neighborhood". It doesn't get any better than this. The property has an approved and transferable short term vacation rental license with a history of successful rentals and booking interest far into the future. The home was designed with hosting in mind: large open interior spaces on the upper and lower floors; three large bedrooms on the upper level plus and an additional bedroom on the lower level; covered balconies to overlook the Pacific Ocean, a large barbeque deck behind the kitchen, and a generously sized half acre lot with lava rock walls that seamlessly blend into the landscaping.

Remotely located enough to assure peace and tranquility. Thoughtfully located enough to assure convenience and practicality. Fifteen minutes to Pahoa's or Keaau's shopping and restaurants, and only a little further to Hilo where just about anything can be found (UH Hilo, The Hilo International Airport, government offices, etc.). It's hard to go wrong with this one...

Last Agent to Sell the Property

Rochelle Augustin Beck

KW Big Island Brokerage Phone: 8087462436 License #RS-64935 Listed on: 04/25/2024

Last Buyer's Agent

Kendi Monceaux

At Home Hawaii License #RS-78355

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,451

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Property fronts a private road
  • Stone Wall
  • Landscaped
  • Level Lot
  • Property is zoned A-1A

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,952 Sq Ft Home
  • 2-Story Property
  • Wet Bar

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cistern
  • Septic Tank
  • Private Sewer

Community Details

  • Hawaiian Paradise Park Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 517
  • Assessor Parcel Number 3150570060000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,451

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Landscaped
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8087462436
  • Co List Office Phone: 8089305900
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HAWAIIAN PARADISE PARK
  • Reso Interior Features: Wet Bar
  • Unit Levels: Two
  • Living Area: 1952.0
  • Property Attached Yn: No
  • Year Built: 1980
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon
  • Waterfront: Yes
  • Roads: Graded, Private

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3150570060000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9450.54
  • Tax Lot: 517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 22, 2024
Sold by
Edwards William Russell and Edwards Esther Leilani
Bought by
H & A Smith Properties Alpha Llc
Seller's Agent
Rochelle Augustin Beck
KW Big Island
Buyer's Agent
Kendi Monceaux
At Home Hawaii
List Price
$1,050,000
Sold Price
$1,100,000
Premium/Discount to List
$50,000
4.76%
Views
74
Current Estimated Value
$1,356,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,580
Avg. Annual Appreciation
21.65%
Original Mortgage
$570,000
Outstanding Balance
$564,154
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$792,426

Purchase Details

Listed on
Dec 6, 2018
Closed on
Mar 16, 2020
Sold by
Gum Arnold Jason
Bought by
Edwards William Russell and Edwards Esther Leilani
Buyer's Agent
Reciprocal Agent - Oahu
List Price
$777,000
Sold Price
$750,000
Premium/Discount to List
-$27,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$600,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2005
Sold by
Livi Warner Philip David
Bought by
Gum Arnold Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 1998
Sold by
Warner Philip David and Warner Philip D
Bought by
Warner Philip David and Warner Philip D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
H & A Smith Properties Alpha Llc -- None Listed On Document
Edwards William Russell $750,000 Tg
Gum Arnold Jason $540,000 --
Warner Philip David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H & A Smith Properties Alpha Llc $570,000
Previous Owner Edwards William Russell $611,000
Previous Owner Edwards William Russell $600,000
Previous Owner Edwards William Russell $600,000
Previous Owner Gum Arnold Jason $388,000
Previous Owner Gum Arnold Jason $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Off Market $1,100,000 -- --
07/30/2024 07/30/24 Sold $1,100,000 +4.8% $564 / Sq Ft
04/26/2024 04/26/24 Off Market $1,050,000 -- --
04/26/2024 04/26/24 For Sale $1,050,000 0.0% $538 / Sq Ft
04/25/2024 04/25/24 For Sale $1,050,000 +40.0% $538 / Sq Ft
06/22/2020 06/22/20 Off Market $750,000 -- --
03/23/2020 03/23/20 Sold $750,000 -3.5% $384 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $777,000 -- $398 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,027 $938,900 $383,000 $555,900
2024 $10,027 $903,300 $375,000 $528,300
2023 $9,451 $851,400 $360,000 $491,400
2022 $8,052 $725,400 $234,000 $491,400
2021 $6,855 $617,600 $202,500 $415,100
2020 $6,765 $609,500 $202,500 $407,000
2019 $6,498 $1,170,800 $405,000 $765,800
2018 $4,272 $456,900 $216,000 $240,900
2017 $4,109 $439,500 $227,700 $211,800
2016 $4,048 $437,600 $227,700 $209,900
2015 -- $429,600 $216,000 $213,600
2014 -- $403,200 $189,000 $214,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2024

    Kendi Monceaux

    At Home Hawaii

    (808) 216-7769

    18 Total Sales

    Kendi Monceaux
    Section Image

  • R

    Buyer's Agent in 2020

    Reciprocal Agent - Oahu

See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 708247

Hawaii Information Service (MLS Hawaii)

APN: 3-1-5-057-006-0000

Hawaii Hawaii County Keaau 96749

15-991 Paradise Ala Kai Dr, Keaau, HI

This home is located at 15-991 Paradise Ala Kai Dr, Keaau, HI 96749 since 25 April 2024 and is currently estimated at $1,356,580, approximately $694 per square foot. This property was built in 1980. 15-991 Paradise Ala Kai Dr is a home located in Hawaii County with nearby schools including Keonepoko Elementary School and Pahoa Intermediate/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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