Estimated payment $8,695/month
Highlights
- Mountain View
- High Ceiling
- Level Lot
- Waiakea High School Rated A
- Garage
About This Home
Interested in a successful, income producing, multi-unit property just outside of historic and vibrant Hilo town? Looking for acreage on a well-maintained, beautifully landscaped, fenced lot? Perhaps a country estate, private compound or tranquil oasis is what you seek? If so, look no further, as this property offers infinite possibilities!
Situated on 1.14 acres in the upper elevations of Hilo, this special property offers multiple permitted structures - including a main home and Ohana cottage, an oversized warehouse and separate storage/flex buildings. Multiple tenants currently call this property home so it could continue to be used as a thriving rental or an alternative opportunity, the owners had previous plans for the construction and operation of a multi-unit independent elderly care facility.
With beautifully crafted tongue & groove open beam ceilings, the main home is airy and bright, boasting an open floor plan, perfect for gathering and entertaining. The cheerful living room flows seamlessly into the kitchen and dining area where a functional kitchen with plenty of space to cook and create awaits! Offering a primary ensuite with extra space for an office, craft corner or reading nook, a second bedroom and an additional bathroom, the main home totals approximately 1,720 sqft under roof.
The renovated Ohana is a quaint 1/1 cottage with its own private entrance and covered parking. The cottage provides for a separate electric meter, phone and cable option, totaling 960 sqft under roof.
With over 1,800 sqft to offer, partitioned spaces and a full bath, the warehouse features high ceilings, plenty of storage, enough space for multiple vehicles/equipment and an additional detached garage.
A storage/flex building beside the main home offers even more uses, with two rooms and a bath, totaling more than 800 sqft.
Income potential on a country estate close to conveniences, this property is surely a rare find!
Listing Agent
Iokua Real Estate Brokerage Phone: 8083838408 License #RS-81634 Listed on: 09/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,265
Year Built
- Built in 1986
Lot Details
- Property fronts a county road
- Level Lot
Parking
- Garage
Home Design
- Triplex
Interior Spaces
- 2,888 Sq Ft Home
- High Ceiling
- Mountain Views
- Fire and Smoke Detector
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Cesspool
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Pierson II Subdivision
Listing and Financial Details
- Tax Lot A-1
- Assessor Parcel Number 3240780080000
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,898 | $1,097,900 | $262,600 | $835,300 |
| 2024 | $9,898 | $1,058,600 | $262,600 | $796,000 |
| 2023 | $9,329 | $997,700 | $257,500 | $740,200 |
| 2022 | $8,998 | $962,300 | $222,100 | $740,200 |
| 2021 | $7,762 | $830,200 | $177,100 | $653,100 |
| 2020 | $7,588 | $811,500 | $177,100 | $634,400 |
| 2019 | $3,363 | $519,700 | $187,200 | $332,500 |
| 2018 | $3,159 | $497,900 | $187,200 | $310,700 |
| 2017 | $3,075 | $488,900 | $187,200 | $301,700 |
| 2016 | $2,972 | $481,300 | $187,200 | $294,100 |
| 2015 | -- | $445,300 | $172,200 | $273,100 |
| 2014 | -- | $444,500 | $172,200 | $272,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $1,450,000 | -- | $502 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $600,000 | Tg | |
| Warranty Deed | $349,000 | -- | |
| Warranty Deed | $235,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,000 | New Conventional | |
| Closed | $426,000 | New Conventional | |
| Previous Owner | $433,800 | New Conventional | |
| Previous Owner | $100,000 | No Value Available |
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 723644
APN: 3-2-4-078-008-0000
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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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