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SOLD
MLS: 649912
 
Asking Price: $620,000 Fee Simple
Sold Price: $620,000
Sold Date: 09/16/2021
Type: Residential
District: North Hilo
Street: 35-195 Papaaloa Rd
Neighborhood: Papaaloa Homesteads
Beds: 4   Baths: 3
Living Area: 1,862 SF
Land Area: 1.49 Acres
Pool: Yes
Parking: Covered,Attached
Amenities: Ceilings-9'+
Days on Market: 1049
(The Price of the property was lowered by $5,000 on 06/05/2021)
Year Built: 1995
Zoning: A-20A
Roads: County,Paved
Property Taxes: $1,816
Assessed Value: $455,400
Assessed Ratio: 136.14%
Listing Courtesy: Hawaii Life
Terms Acceptable: 1031 Exchange,Cash,Conventional
Google Map   County Records
 
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Papaaloa - Big Ocean Views, 1.5Ac, Maturing Fruit Trees, Lap Pool, 3 Units!

Located on an amazing hilltop on the Hamakua coast, this 1.49 acre self sufficient property features breathtaking ocean views, 4bed/3bath, fruit trees, lap pool, & more. This property is unique in that the 1 structure is divided into 3 units attached by covered walkways: 1st unit features a 1bed/1bath, the 2nd home features 2bed/1bath kitchen, large lanai, and an attached carport. 3rd home features a large studio w/ kitchen, full bathroom, stairs down to a fenced doggy yard, walk-in closet, and newly refinished wrap around lanai. All three homes feature HUGE OCEAN VIEWS, & stunning sunrises & sunsets.

Additional features:
-Newer state of the art solar powered system under warranty (Outback Inverter/charge controller, 18 Hyundai 270watt solar panels, lithium phosphate batteries)
-80 foot lap pool w/ it's own solar powered pumps
-Property is fenced and includes fruit trees consisting of avocado, orange, meyer lemon, lime, grapefruit, tangerine, banana, fig, haden mango, passion-fruit, star fruit, kumquat, jackfruit, strawberry guava, and surinam cherries
-Approx. 38,000 gallon water tank with UV filter, string filter, and carbon filter for water quality.
-Each home serviced with their own new on demand propane water heaters
-Fenced acreage has rooms for horses, chickens, or ?
-Paved road & easy access
-Great income potential w/ the 3 buildings

The property is located in lovely Papaaloa Homesteads — just down the road is the Papaaloa Store, a hub of Hamakua featuring a grocery store, deli, restaurant/bar (pre-covid), and propane fill up. Nearby is also the Laupahoehoe swimming pool, ball park, tennis court, gas station, police & fire station, post office, school, and Laupahoehoe Point Beach Park. Thirty minute drive to Hilo or Honokaa.

The homes do have deferred maintenance. Buyer’s and Buyer’s agents are advised to conduct their own due diligence.


 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
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