$880,000
$30K PRICE DROP

173 Opio Rd Hilo, HI 96720

Estimated payment $5,082/month

Total Views 18,815
5 Beds
5 Baths
4,428 Sq Ft
$199 Price per Sq Ft

About This Home

Tropical Investment Opportunity in Lower Waiakea - Dual Home. Property with active STVR!
Located in the serene and private subdivision off of Stainback. Hwy. This 1.1375 acre estate offers a rare blend of investment potential and Island charm. Located in a well-established subdivision with underground electricity and county water, this lush retreat is minutes from Hilo's conveniences while feeling like a private sanctuary.
At the heart of the property is the primary residence, a spacious two story home featuring 4 bedrooms and 3 bathrooms. The expansive open beam ceiling and skylights enhance the airy, open feel of the living spaces, filling them with natural light. Beautiful slate flooring in the living room and hallway. Lets not forget the screened in lanai with breathtaking rainforest views- perfect for unwinding. The interior of up and downstairs has been freshly painted. This home has a solar water heater making it energy efficient.
Adding to the appeal is a thriving income generating short term rental. This ohana / STVR accommodates 4-6 guests comfortably with 2 bedrooms &1 bath and comes with everything needed to enjoy Hawaii's outdoor adventures. With ample parking and a proven track record of success, this turn key rental offers immediate income potential for investors looking to maximize returns in Hilo's desirable market.

Listing Agent

Chant'ee Shiroma

RE/MAX Properties Brokerage Phone: 8083452310 License #RS-81952 Listed on: 03/02/2025

RE/MAX Properties

Co-Listing Agent

Jeannine Graham

RE/MAX Properties Brokerage Phone: 8083452310 License #RS-86041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1971

Parking

  • Unassigned Parking

Interior Spaces

  • 4,428 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Property is zoned A-3A
  • Cesspool

Community Details

  • Panaewa Heights Subdivision

Listing and Financial Details

  • Tax Lot 9-A
  • Assessor Parcel Number 3240180050000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,667

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Co List Office Mls Id: 2222
  • Co List Office Phone: 8089359800
  • Attribution Contact: 8083452310
  • Co List Office Phone: 8089359800
  • Ownership: Full
  • MLS Status: A
  • Subdivision Name: PANAEWA HEIGHTS
  • Unit Levels: One, Two
  • Living Area: 4428.0
  • Property Attached Yn: No
  • Year Built: 1971
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Flooring: Carpet
  • Total Bathrooms: 5

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240180050000

Tax Info

  • Tax Annual Amount: 2666.79
  • Tax Lot: 9-A

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,318 $208,800 $208,800 --
2024 $2,318 $208,800 $208,800 --
2022 $1,961 $176,700 $176,700 $0
2021 $1,462 $131,700 $131,700 $0
2020 $1,462 $131,700 $131,700 $0
2019 $1,197 $107,800 $107,800 $0
2018 $1,008 $107,800 $107,800 $0
2017 $1,008 $107,800 $107,800 $0
2016 $997 $107,800 $107,800 $0
2015 -- $800 $800 $0
2014 -- $800 $800 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $880,000 -3.3% $199 / Sq Ft
03/02/2025 03/02/25 For Sale $910,000 +100.2% $206 / Sq Ft
06/27/2016 06/27/16 Sold $454,500 -4.3% $139 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $475,000 -- $146 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000 --
Source: Public Records

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 718891

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-018-004-0000