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    289 Wainaku St

    Hilo, HI 96720
    • $875,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 649411
    UPDATED: 33 min ago
    $875,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    Area:

    School Ratings & Info

    Description

    Magical waterfront lot you must see to believe! Become a part Hawaii's history. This is Royal Hawaiian land that was originally owned by King Kamehamehas granddaughter and she was on one of the first Hawaiian stamps. You would be the fifth owner of this Royal land. This is an exclusive private 3 lot subdivision. Its currently zoned as RM-10 multi residential which is a rare find and its worth more than a residential lot. You can create your own business and home. So what are your dreams? Currently it is approved to be a five bedroom, bed and breakfast or you can build two separate homes. Because RM-10 allows one dwelling per 10,000 sq ft and the lot is 20,000 sq ft. Which gives an option to build a family compound or do your dream business. This lot is so unique there are no comparables. We are the only to our knowledge lowbank waterfront where you can easily access the stream. The peaceful sounds of the river flowing, birds singing are both relaxing and inspiring. Its landscaped like a botanical garden. This is your opportunity to own the only 20,000 sq ft waterfront lot on the Pukihae Stream. By the way Pukihae means forbidden in Hawaiian. Waterfront that is easily accessible for swimming and within walking distance of Old Hilo Town. This lot is zoned and approved for building a 5 bedroom Bed & Breakfast or two residential homes on 10,000 sq ft lots each or just building your own forever home. Your choice! Come and see the possibilities. Seller has already invested over $450,000 in improvements. Including terracing the hillside, landscaping, built a deck along the waterfront, two staircases, beautiful sitting and eating areas, a flowered cover trellis along the river with rocking chairs, rock walls, trellis fencing, beautiful organic gardens. Drift away in a rocking chair or hammock next to the beautiful sounding stream and smell the sweet aroma of gardenia, pikakes, night blooming jasmine will take you away.

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    © 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2021-07-27T19:34:24.787.
    www.alohakonarealty.com/homes/116527170
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    289 Wainaku St Hilo, HI 96720

    • Price: $875,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 649411
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    Neighborhood:
    South Hilo
    Area:
    South Hilo
    Property Description
    Magical waterfront lot you must see to believe! Become a part Hawaii's history. This is Royal Hawaiian land that was originally owned by King Kamehamehas granddaughter and she was on one of the first Hawaiian stamps. You would be the fifth owner of this Royal land. This is an exclusive private 3 lot subdivision. Its currently zoned as RM-10 multi residential which is a rare find and its worth more than a residential lot. You can create your own business and home. So what are your dreams? Currently it is approved to be a five bedroom, bed and breakfast or you can build two separate homes. Because RM-10 allows one dwelling per 10,000 sq ft and the lot is 20,000 sq ft. Which gives an option to build a family compound or do your dream business. This lot is so unique there are no comparables. We are the only to our knowledge lowbank waterfront where you can easily access the stream. The peaceful sounds of the river flowing, birds singing are both relaxing and inspiring. Its landscaped like a botanical garden. This is your opportunity to own the only 20,000 sq ft waterfront lot on the Pukihae Stream. By the way Pukihae means forbidden in Hawaiian. Waterfront that is easily accessible for swimming and within walking distance of Old Hilo Town. This lot is zoned and approved for building a 5 bedroom Bed & Breakfast or two residential homes on 10,000 sq ft lots each or just building your own forever home. Your choice! Come and see the possibilities. Seller has already invested over $450,000 in improvements. Including terracing the hillside, landscaping, built a deck along the waterfront, two staircases, beautiful sitting and eating areas, a flowered cover trellis along the river with rocking chairs, rock walls, trellis fencing, beautiful organic gardens. Drift away in a rocking chair or hammock next to the beautiful sounding stream and smell the sweet aroma of gardenia, pikakes, night blooming jasmine will take you away.
    Exterior Features

    Fence Rock/StoneOther (Remarks)Vinyl Frontage River Land Tenure Fee Simple Lot Description None Ocean Front N Pool N Roads CountyPaved Topography Terraced View RiverOther (Remarks)

    Property Features

    Assessed Value 225000 Assessment Year 2020 Distressed Standard Sale Lava Zone 8 Lot Number B-1- Phone Service Cable Power Other (Remarks)Underground Property Type Land Sewer Other (Remarks) Solid Waste Disposal Private Contractor Tax Key 326008022 Taxes 200.00 Terms 1031 ExchangeCashSwap/Trade Tv Availability NoneOther (Remarks)Cable Water CountyMeter InstalledOther (Remarks) Zoning Rm-10

    Listing information © 2021 MLS Hawaii, Inc. All rights reserved.
    Listing courtesy of Savvy Realty & Loans.


    © 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2021-07-27T19:34:24.787.
     
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    Aloha Kona Realty, Inc.
    75-5852 Alii Dr. V-14
    Kailua Kona HI, 96740