$400,000
$425,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
PUIA ROAD Hilo, HI 96720
5.09 Acres Lot
Key Details
Sold Price $400,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Paukaa Farm Lots
MLS Listing ID 632541
Sold Date 09/11/20
Annual Tax Amount $487
Lot Size 5.090 Acres
Property Description
Just north of Historic Downtown Hilo, Pauka'a is one of the most desirable locations for a home in east Hawaii. The neighborhood is near schools, shopping, parks, medical services, government offices, restaurants, and the cultural heart of East Hawaii; its views overlooking Hilo Bay and the southern coastline of the island; and its location next to Honoli‘i Beach Park with year-round recreational surfing and family beach activities.
Another desirable aspect of the location is being on the slopes of Mauna Kea, which put the land outside areas of risk of lava inundation.
The availability of this ~5-acre lot is a rare opportunity. Few lots less than 10 acres exist so close north of Downtown Hilo and rarely do they become available to purchase. This lot has never been available before. Here you may build a home with a rural setting and space for farming, orchards, or perhaps pasturage for horses, cattle, sheep, or goats. The land can be farmed with a variety of crops, including tropical fruit, coffee, cacao, ginger, sweet potato, taro, and vegetable crops. The lot has County water service for domestic potable water: the water service lateral with the meter box is in place. (The meter box is located approximately 1,500 feet from the parcel with easement rights for utility and vehicular access, allowing a private line to the home site. Electric and Telephone service will require a line extension.
Location
State HI
Area South Hilo
Building/Complex Name Pauka'a Farm Lots
Zoning A-20A
Exterior
Fence Full, Wire
Pool No
View Bay, City, Coastline, Forest, Mountain, Ocean, Pasture, Sunset, Sunrise
Building
Lot Description Clear, Grassy
Sewer Septic
Water County
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
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