Akolea Rd

/ Hilo / 96720
Akolea Rd Luxury Real Estate

A Developer's Dream: Exquisite 283 acre parcel of land, located within the heart of Hilo, is zoned for Agriculture 1 acre lots. Possible 233 1 acre lots are yours to create (see MLS Supplement map called "Potential 233 Lot Subdivision").

Easy ingress/egress via multiple access points. County water and grid power are readily available. You will love the sunrises, Pacific Ocean and Hilo Bay views, Mauna Kea views, a year round spring fed stream, seasonal pools, a lush tropical forest, and open pastures.

Sellers are in the final stages of a 4 lot subdivision of which 3 are for sale individually. Purchase the entire 283 acres, or any of the individual lots, with the sale closing contingent upon the County of Hawaii Final Subdivision Approval.

The Preliminary Subdivision lots, priced individually (see attached MLS Supplement "Preliminary Subdivision Maps") are:
Lot A: 15 acres: Included in sale with entire 283 acres. Not For Sale individually.
Lot B: 65 acres: $1,700,000
Lot C: 85 acres: $1,900,000
Lot D: 118 acres: $1,800,000

Sellers have already successfully developed a portion of the original property, called Punahoa Mauka Estates, into 41 1 acre lots. Approximately 80% of these lots have been sold as vacant lots or residential properties (See MLS Supplement "Sales History for Punahoa Mauka Estates"

Hilo 283 is conveniently located within 3 miles from Hilo Hospital and other medical services, and the best of Hilo's shopping, schools, popular recreational areas, Hilo Farmer's Market, University Hawaii Hilo, Imiloa Astronomy Center, and more.

Elevations range from 550' to 850'.

Buyers and/or their agents to perform their own due diligence on the information contained within.

Lot Size
12, 353, 398 sqft
MLS #
601936
Land Tenure
Fee Simple
Status
Active
Property Class
Land
City
Hilo
District
South Hilo
Land Area
12353398

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View
Ocean
Frontage
Road/Street
Assessed Value
949800
Assessment Year
2016
Pre-Foreclosure/SS/REO
ST
Lava Zone
3
Lot Description - Land
Clear, Grassy, Inside, Other (remarks), Wooded
Oceanfront Parcel
N
Telephone Availability
Cell, Satellite
Power
Overhead
Roads
County, Paved
Wastewater
Septic
Topography
Fairly Level, Gentle Slope, Steep Slope
Water
Municipal
Zoning
A-1A

Listing courtesy of Rachel Nack

Local Restaurants

Local dining favorites in Hilo, curated by Yelp.


Liko Lehua Cafe

Categories: Hawaiian

Distance: 1.64 miles

Rating

93 reviews


Pete's Belly Bustazs

Categories: Burgers, Fast Food

Distance: 2.22 miles

Rating

5 reviews


Hot Dog On a Stick

Categories: Hot Dogs, American (Traditional), Fast Food

Distance: 2.4 miles

Rating

2 reviews


Aloha Wellness Cafe

Categories: Cafes

Distance: 2.85 miles

Rating

1 review


Kozmic Cones

Categories: Hawaiian, Ice Cream & Frozen Yogurt

Distance: 2.87 miles

Rating

57 reviews


Yen's Cafe

Categories: Vietnamese, Chinese

Distance: 2.94 miles

Rating

41 reviews


Le Yellow Sub 2Go

Categories: Vietnamese, Food Trucks

Distance: 3.09 miles

Rating

27 reviews


Curry On The Go

Categories: Indian, Food Stands, Pakistani

Distance: 3.09 miles

Rating

1 review


Thai Smile Thai Food

Categories: Thai, Food Stands

Distance: 3.09 miles

Rating

6 reviews


Nearby Shopping

Local shopping favorites in Hilo, curated by Yelp.


Real Flower Jewelry

Categories: Flowers & Gifts, Jewelry

Distance: 0.38 miles

Rating

5 reviews


Rainbow Junction Gift Shop

Categories: Flowers & Gifts

Distance: 1.64 miles

Rating

2 reviews


Longs Drugs

Categories: Drugstores

Distance: 2.27 miles

Rating

2 reviews


Eyeland Eyedoc

Categories: Eyewear & Opticians, Optometrists, Laser Eye Surgery/Lasik

Distance: 2.89 miles

Rating

1 review


Hawaiian Tropical Flowers

Categories: Florists

Distance: 3.09 miles

Rating

30 reviews


Hawaii Wedding Flowers

Categories:

Distance: 3.09 miles

Rating

2 reviews


Antiques & Coins

Categories: Antiques

Distance: 3.09 miles

Rating

1 review


School Information

Great Schools

This compilation of local school websites is provided to assist you in your search to fulfill your child’s educational needs. This is not a complete list, nor should it be considered as a recommendation of any school.

Nearby Schools


Kaumana Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Ernest Bowen Desilva Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Hale Aloha Nazarene School

Type: Private

Level: PK-9

District:


Hilo High School

Type: Public

Level: 9-12 & Ungraded

District: Hawaii Department Of Education


Hilo Intermediate School

Type: Public

Level: 7-8 & Ungraded

District: Hawaii Department Of Education


Hilo Union Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Mauna Loa School

Type: Private

Level: PK-8

District:


Haili Christian School

Type: Private

Level: PK-8

District:


Haaheo Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Connections - New Century Public Charter School

Type: Charter

Level: PK-12 & Ungraded

District: Hawaii Department Of Education

See more information on Hilo schools from GreatSchools.org.

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$5,200,000


Baths
(full)
Lot Size
283.59 acres
MLS #
601936
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Agent
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808.217.8500

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