Island of Hawaii > South Hilo > 23 MACHIDA LANE, HILO 96720

23 MACHIDA LANE, HILO 96720

South Hilo | ONEKAHAKAHA SUBDIVISION
$3,500,000 FS MLS# 704932 | ACTIVE
  • HomeType
  • 6Bed
  • 6 Full, 1 HalfBaths
  • 3,618SQ FT
  • 0.22ACRES
  • 2017Built
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    23 MACHIDA LANE, HILO 96720

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PROPERTY DESCRIPTION

The Hilo Beach House is a successful multi-unit, beach-front, short-term vacation rental, STVR, bordering Onekahaka Beach Park for easy ocean access and front-row views of the Pacific Ocean. A protected white-sand cove is located just steps away from this amazing opportunity. Offering 4 luxury-studio units on the first floor, a 2 bedroom, 2 bathroom residence on the top floor, 2 laundry rooms, linen storage, office, a guest reception area as well as a grand lobby and event area. The air-conditioned, luxury-studio units are decorated and furnished with handcrafted pieces from Bali and feature screened-in balconies boasting ocean and garden views. One of these units includes a full kitchen and the other 3 units include kitchenettes. When accommodating’larger parties, the unit with the full kitchen can also be accessed directly from its adjacent unit. The main residence on the top floor impresses with an open layout, plush master suite and another amazing balcony with front-row, ocean views. Grand lobby comes equipped with solar and rain shades and is currently hosting yoga and dance classes. The sum area of these improvements totals over 6,300 sqft. Fenced on every border and landscaped with a tropical setting. Automatic gate with optional keypad entry. Ample parking as well. Motion lighting & video surveillance system with mobile phone notifications. All vacation rental furnishings, linens, etc. are included. Built compliant with V-.75 Resort-Zoning so vacation rental permits aren’t required to conduct business as a vacation rental.

Please visit the “Hilo Beach House” vacation rental website for a detailed description of the rental units.

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Listed By: COMPASS

Price $3,500,000 FS
Bedrooms 6
Bathrooms 6 Full, 1 Half
Property Type Residential
Interior Area 3,618 SQ FT
Land Tenure Fee Simple
MLS (Active) 704932
LAND AREA 0.22 ac
Annual Tax $8,522
Year Built 2017
Tax Key 3-2-1-14-43
Days On Market 66
View Ocean, Mountain, Coastline, Sunrise
Zone V-.75
Price sq/ft $967.39
Assessed Value $1,280,900
Previous Price $3,900,000

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PROPERTY LOCATION

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MLS listing information is deemed reliable but is not guaranteed by the service.

Updated

02/24/2024

LET'S TALK

We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

CONTACT US

LET US SHOW YOU THE BIG ISLAND

INQUIRY

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.