Rare Hilo oceanfront parcel w/3 structures & possibilities! Lovely oceanfront family estate right in Hilo with elegant main dwelling and 2 little cottages. One cottage is a studio unit. 2nd cottage is 1-bedroom but in total disrepair. Property located one lot away from Bayshore Towers and zoned V-.75 (750sf/per unit) with 120 feet height limit on building. Many possibilities - family estate, Bed \'n Breakfast, condominium, apartment. Main house should be moved for safety purposes (eroding bluff). There are 3 electric meters, 1 per house, and 2 active water meters (main house, cottage by roadside). Quote from Kikiaola Construction Co. (licensed contractors) to move main house (5 pp.) on clipbd on website, as well as, slope stabilization quote from Vetiver Farms Hawaii. Vetiver Farms (licensed, bonded, and insured) could get some stability going and will provide another quote after the main house has been moved inland (very reasonable for protection of homeowners). This information has not been verified by the associate and should be verified by the buyer. Information is deemed reliable but not guaranteed. Copyright: 2015 by Hawaii Information Systems. IDX information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The active listings on this site are listed by REALTORS®. If you are interested in those listings, we may represent you as the buyer's agent. | |||