Island of Hawaii > South Hilo > 97 KEOKEA LOOP RD, HILO 96720

97 KEOKEA LOOP RD, HILO 96720

South Hilo | KEAUKAHA
$1,300,000 FS MLS# 708503 | ACTIVE
  • HomeType
  • 4Bed
  • 2 Full, 1 HalfBaths
  • 1,648SQ FT
  • 0.59ACRES
  • 1951Built
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    97 KEOKEA LOOP RD, HILO 96720

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PROPERTY DESCRIPTION

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.

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Listed By: COMPASS

Price $1,300,000 FS
Bedrooms 4
Bathrooms 2 Full, 1 Half
Property Type Residential
Interior Area 1,648 SQ FT
Land Tenure Fee Simple
MLS (Active) 708503
LAND AREA 0.59 ac
Annual Tax $1,254
Year Built 1951
Tax Key 3-2-1-14-58
Days On Market 45
View Ocean, City, Mountain, Coastline, Bay, Ocean Horizon, Other (remarks), Sunrise
Zone V-.75
Price sq/ft $788.83
Assessed Value $376,500
Previous Price $1,300,000

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PROPERTY LOCATION

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Updated

03/17/2024

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.