97 Keokea Loop Rd, HILO, Hawaii

$1,300,000

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4

Beds

2

Baths

1,648

Square feet

0.59

Acres

About 97 Keokea Loop Rd

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.

Features of 97 Keokea Loop Rd

MLS® # 708503
Price $1,300,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Half Baths 1
Square Footage 1,648
Acres 0.59
Year Built 1951
Type Residential
Status Active

Community Information

Address 97 Keokea Loop Rd
Subdivision KEAUKAHA
City HILO
State Hawaii
Zip Code 96720

Amenities

Parking Unassigned
View Bay, Coastline, City, Mountain, Ocean, Ocean Horizon, Sunrise, Other (remarks)
Is Waterfront Yes
Has Pool No

Exterior

Lot Description Cul de sac, Dead End, Corner, Wooded, Other (remarks)

Additional Information

Date Listed March 12th, 2024
Days on Market 131
Zoning V-.75
Foreclosure No
Short Sale No

Listing Details

OfficeCOMPASS

Listing Map

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