Views
Address
1245 KAUMANA DR Hilo, HI
Price
$ 1,400,000
Property Attributes
  • MLS#647515
  • TypeSingle Family
  • CountyHAWAII
  • CityHilo
  • AreaSouth Hilo
  • NeighborhoodPONAHAWAI HOUSELOTS
  • Zip96720
  • Style
  • Year Built1968
  • Taxes$ 7097
  • Price$ 1,400,000
  • Bedrooms9
  • Full Bathrooms4
  • Half Bathrooms3
  • Sqr Footage4062
  • Lot Size3 Acres
Listing Provided Courtesy Of:
Corcoran Pacific Properties
Data Source:
Hawaii Info Service (HISMLS) - 169 - HI
Property Description

Huge potential!Home to the famed Kaumana Caves Inn Bed & Breakfast, this three acre property comes with three homes total and has preliminary approval for a six lot subdivision project.Water entitlements are already in place and construction plans have been submitted for the project, which is transferable to a new owner. A multi-phase appraisal was performed prior to listing and is available upon request.The Kaumana Caves Inn was a highly successful Bed & Breakfast operation prior to the COVID pandemic. Measuring nearly 2,000 square feet with towering open beam ceilings, the home enjoys plenty of natural light and good airflow. Redwood, Ohia and Oak abound throughout this open floor plan. Next door you'll find a dedicated outdoor gym and sauna area that are a hit with guests.Two other rental homes come with the property. Each is a three bedroom, 1,054 square foot Kamaaina-style build with good rental history.Mature landscaping includes Coffee, Lychee, Noni, Avocado, and Mountain Apple trees along with pineapple, lilikoi & other tropical fruits! The property backs into State-owned lands.Located just minutes from Hilo's downtown shopping & market districts and an hour's drive from Waikoloa Village & Kamuela, the property is well-located along the fastest growing coastline in the state of Hawaii.**The current owner has temporarily suspended Bed & Breakfast bookings due to COVID, but the license is transferable. Property is tenant occupied and to be shown by appointment only. Buyers and their agents to verify all details above regarding subdivision potential and transferability of both the subdivision project and Bed & Breakfast permit and any/all project entitlements & construction plans. Documentation available upon request.

Price History
4/14/2021 Listed $1,400,000

General Features

Appliances Disposal, Microwave, Refrigerator, Range/Oven
District South Hilo
Features Ceilings-9'+, Built-in-Book Shelves, Ceiling-Vaulted, Exterior Lighting, Floor Drain, Landscaped, Smoke/Heat Detector, Track Lighting
Flood Zone X
Internet Availability Cable
Land Tenure Fee Simple
Location 1245 KAUMANA DR
Lot Number 69
Power Overhead, Solar/Photovoltaic
Property Type Residential
Subdivision Abbreviated Name PONAHAWAI H/LTS
Telephone Availability Cell, Land Line
Topography Fairly Level
Tv Availability Cable
Unit Description Single Family Home, Single Level
View Forest, Mountain, Sunrise
Wastewater Cesspool
Water Municipal
Zoning RS-15

Interior Features

Heating/Cooling None
Subdivision PONAHAWAI HOUSELOTS
Washer/dryer Dryer, Washer
Window Coverings Blinds, Drapes

Exterior Features

Design Single Wall
Frontage Road/Street
Land Area 130680
Lot Description - Land Grassy, Inside
Pool Y/N No
Roads County, Private, Paved, Unpaved
Structures Yes
Vehicle Storage/parking Covered, Attached

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 96720

Price
AVG $630K
$1.4M
Taxes
AVG $2,846
$7,097
Visits
AVG 39
85
Year Built
AVG 1971
1968

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.