651 Hoaka Road, HILO, HI 96720

$475,000
List Price
$475,000
Days on Market
34
MLS#
654404
Status
CONTINGENT
Type
Land
Land Area
327,310
Land Tenure
Fee Simple

Property Description

Rarely available 7.5+ acre lot with water + electric connectivity, in Hilo's Waiakea district! **Seller will finance with a minimum of $35,000 down-payment and favorable terms. Build your agricultural estate on this large pastoral property with sweeping views of Hilo Bay and stunning stream-frontage. A part of this area's ancient Ahupua`a (land division system), Waiakea stream traces its origins from the slopes of Mauna Loa Volcano, and can be found flowing along the back of this parcel, all the way down to Waiakea Pond near Hilo Bay. Growing conditions here are ideal for a wide variety of native and tropical plants and food crops including Bananas, Taro, Sweet Potatoes, Papaya, world-class Palms, and more. Cattle and sheep also do very well, thanks to the area's quick-growing grasses. A water meter is in and the land has been cleared for cattle grazing - Seller is currently paying $200 per year for property taxes due to agricultural use. Buyers to follow up with the County of Hawaii Department of Taxation for details and confirmation of future tax rates. This is a newly subdivided property with final taxation rate yet to be determined by the County of Hawai'i.

Additional Information

Roads
County, Paved
Taxes Annual
$200
View
Bay, City, Coastline, Forest, Ocean, Ocean Horizon, Pasture, River, Other (remarks), Sunrise
Lot Number
2-A
Zoning
A-5A
Lot Size
327,310
Lot Description Land
Clear, Other (remarks)
Water
Municipal
Power
Overhead
Sewer
None
Assessed Value
222297
Topography
Fairly Level
District
South Hilo

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass.

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2021 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.