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SOLD
MLS: 618590
 
Asking Price: $1,095,500 Fee Simple
Sold Price: $1,070,000
Sold Date: 08/29/2018
Type: Residential
District: South Hilo
Street: 2379 Maikalani St
Neighborhood: Puueo Farm Lots
Beds: 3   Baths: 3
Living Area: 1,982 SF
Land Area: 24.2 Acres
Parking: Attached
Amenities: Ceilings-9\'+,Exterior Lighting,Landscaped,Office,Storage Area,Smoke/Heat Detector,Bar-Wet
Days on Market: 2122
Year Built: 2011
Easements: Driveway,Electric
Zoning: A-20A
Roads: Private,Paved
Property Taxes: $2,765
Assessed Value: $487,500
Assessed Ratio: 224.72%
Listing Courtesy: Elite Pacific Properties LLC - Waikoloa
Terms Acceptable: Cash,Conventional
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Home on 24.20 Ac. High Above Hilo Town

Puueo Farm Lots is only minutes from Hilo town, the famous Wailuku River State Park, Hilo International Airport and University of Hawaii. The home is very private, and this upscale farming community offers incredible views throughout this scenic subdivision. The 24.20-acre property does have some stream frontage within a short walk from the house. Complete photo voltaic system with back up batteries and generator, on demand hot water and the 25,000-gallon galvanized steel water storage tank allow for low energy and utility costs. Approximately 1600 Macadamia Nut and Lychee trees add incentive for lowering your taxes and general overhead; very modest income is derived from the trees. The climate and rainfall are ideal for growing fruit and other crops for your personal or commercial use. According to the County of Hawaii, additional structures on the 24 acres may be possible and expansion of the home vertically would award you with an ocean view and the night lights of Hilo. The home is only 6 years old and has a traditional Hawaii open floor plan with combined living, kitchen and dining area. This leads to the back 532 sqft. covered lanai which leads out to the surrounding gardens and orchards. The kitchen has a large 6 burner Thermador stove, granite counter tops, large pantry and wide plank laminate flooring throughout this area and the master bedroom. The 3/3 home on such large acreage and within minutes to Hilo town is an incredible value for those who need to be in Hilo or Hilo International Airport on a regular basis but want to live a rural lifestyle with the ability to farm or ranch within a higher end community. Safely located in Lava Zone 8 with 8 considered the safest. Ideal living and lifestyle for this area, Puueo Farm Lots is well established, highly desirable and rarely available; the last vacant 20 -23-acre lot in the area traded at approx. $700K.


 
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