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SOLD
MLS: 608192
 
Asking Price: $675,000 Fee Simple
Sold Price: $650,000
Sold Date: 09/26/2018
Type: Residential
District: South Hilo
Street: 178 Kahoa St
Neighborhood: Alae Point
Beds: 2   Baths: 2
Living Area: 1,008 SF
Land Area: 16,861 SF
Parking: Unassigned
Amenities: Storage Area,Smoke/Heat Detector
Days on Market: 2469
(The Price of the property was lowered by $200,000 on 04/25/2018)
Year Built: 1976
Zoning: RS-15
Roads: Paved
Land Recorded: Regular
Property Taxes: $2,501
Assessed Value: $566,700
Assessed Ratio: 119.11%
Listing Courtesy: Elite Pacific Properties LLC - Waikoloa
Terms Acceptable: Cash,Conventional
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HONOLI’I SECLUDED HIDEAWAY - BEACHFRONT, OCEANFRONT AND RIVERFRONT

HONOLI’I SECLUDED HIDEAWAY - BEACHFRONT, OCEANFRONT AND RIVERFRONT. Situated on the banks of Honoli’i Stream, with direct ocean and beach access through a private securely gated path, this 2 bed/2 bath cottage is completely secluded while having unobstructed ocean, river and valley views. The adjacent park is considered the premier surfing spot on the Big Island and provides an uninterrupted lanai vista of surfers in the breaking waves. Known since ancient times as the \"Traveling Sands of Honoli\'i”, a broad sandy beach typically extends most of the way across the stream mouth, disappearing periodically when heavy rainfall floods the river valley below, yet the sand always returning. Surrounded by lush tropical jungle foliage, the setting is one of an isolated and remote jungle hideaway while being only 15 minutes to the Hilo International Airport and all the amenities of Hilo Town. An adjacent bridge was built for the railroad in 1911 while a traditional Hawaiian river and lava rock retaining wall, measuring over 100’ long and 10-15’ high, adds to the old-world charm of the property. It’s important to note that the property (including the cottage, retaining walls and all other structures) survived the once in a century powerful Hurricane Iselle without damage of any kind. Honoli’i has been called a magical remnant of Old Hawaii w/significant historical and mythological relevance. This beautiful river valley was once the site of a small Hawaiian fishing village with most of the community concentrated along the borders of the stream. It is known for its abundance of Green Sea turtles and seasonal whales. While the 1,088 sqft. home is completely functional, the owner has designed and fully permitted house plans for an expanded structure with nearly 3,000 sq. ft. of living area plus a cantilevered garage, all plans included with the sale.


 
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