97 Keokea Loop Rd

MLS® 708503 (Hawaii Real Estate) is located at 97 Keokea Loop Rd HILO HI 96720 in KEAUKAHA . The current listing status is Active. This 4 bed and 2 bath Home was built in 1951 and features 1648 finished sq.ft with a lot size of 0.59 acres. This property has a reported annual taxes of $1,254. This property is currently listed for an *asking* price of $1,300,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Nestled in Keaukaha, a Big Island enclave steeped in authentic and complex Hawaiian history, this oceanfront property offers a rare opportunity within a culturally diverse community. Surrounded by three of the island's premier beach parks – Keaukaha, Onekahakaha, and Keokea – it boasts captivating views of Hilo town and the majestic Mauna Kea. With ownership spanning over 7 decades and 3 generations, the current owners seek individuals who will respectfully transform the land while preserving the essence of Old Hawaii. This presents a unique moment to create a landmark Hilo oceanfront estate or an exceptional hospitality business, both infused with authenticity and the natural aloha spirit. The location has V-.75 Resort-Zoning which allows for a permit to do short term vacation rentals; buyer and buyers agent to do their own due diligence in this matter. Other potentially allowed uses in V-.75 Resort Zoning can be found at the County of Hawaii Planning Dept. website. To be clear about oceanfront in Hawaii, most 'oceanfront' properties have a portion of State Land designation between the subject and the water and in this case, nothing in between except sand and rock formations. The natural anchialine pond on the property is brackish and abundant today with Tilapia. Explore the seashore for sealife including the protected Hawaii Green Sea turtle, whale watching, great fishing and surfing right in front of the house. A 1951 built, 72 year old home of 1,698 square feet with county records indicating it is 4 bedrooms and 2 bathrooms. Please review all attached photos with captions and the attached video and survey. Property is sold As Is. Buyer and Buyer's Agent to do their own due diligence. Given the condition of the home, any interested party is highly encouraged to engage a licensed contractor to evaluate the condition. Recently surveyed; see photos and video.