250 Laula Rd, HILO, HI 96720

Property Description

This is a rare opportunity to own nearly 10 acres within walking distance of the Hilo Municipal Golf Course. Situated on a dead-end road, this lot offers a sense of privacy whilst being close all of the amenities of Hilo town. Just a half mile away is the Hilo Municipal Golf Course, and Firestation 3 located on Haihai St. This prime location in the Waiakea Homesteads area means that you are about 3 miles away from shopping like Target and Walmart, as well as the Prince Kuhio and the Puinako Shopping Centers. Within that radius is also the Waiakea School Complex. Meanwhile, getting to downtown Hilo is about 5 miles and it is about 7 miles to the beautiful beach parks of the Keaukaha. With nearly 10 acres of AG-3 zoned land, this property offers a variety of potential for future applications. You have options whether planning on building a grand estate for yourself, subdividing into 3 smaller parcels, or capitalizing on the rich agriculture potential. At present, the property is covered by lush tropical jungle and features a 16ft x 16ft unpermitted storage shed. Selectively landscaping the property could produce mountain views that are currently hidden. Although it has since overgrown, the property has 2500 sqft crushed rock driveway layered over a geotextile fabric. To get a better feel for the scope of the property, be sure to see the Video Tour in the listing. HELCO overhead electric power is available to the property, and there is an active County Water meter already installed. Additionally, there is an easement access for a potential Iwalani St. extension in the future. Should this project materialize, the property would be bisected by the extension thereby creating street front 3 sides. See Flood Zone Map In The Attachments