$800,000
$825,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
Off Waianuenue Ave Hilo, HI 96720
435.5 Acres Lot
Key Details
Sold Price $800,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Kukuau 2Nd, Kaumana, Ponahawai & Punahoa 2Nd
MLS Listing ID 635990
Sold Date 08/18/21
Annual Tax Amount $4,143
Lot Size 435.500 Acres
Property Description
Your own private playground! Streams and Waterfalls can be found in this enormous and remote Garden of Eden paradise. This historic property is comprised of three parcels, approx 435 acres, previously belonging to the Lyman missionary family. The combined parcels begin south of Waianuenue Ave, a little above Akolea Road, and stretch an incredible 2.75 miles, almost to Olaa Spring Road. Minutes from downtown Hilo in the Piihonua neighborhood, the land has the Kaohama Stream running through it, and features an approx 25 foot double waterfall plunging into a 100 foot wide lava tube supplied lake of unknown depth (at least 50 feet). Another 25 foot stepped family-friendly waterfall and smaller waterfalls are throughout the property. The property contains two famous water springs, the Lyman Springs and Hilo Sugar Springs. For about 60 years the Lyman Spring supplied roughly 100 million gallons of water each year to town of Hilo. There is an old wooden shed located above the Lyman Springs well head (current condition unknown.)
Sale includes tmk 3-2-5-1-5, 3-2-5-1-9, 3-2-5-8-4. The 280 acre parcel is zoned Forest Reserve and has State land use of Conservation/Protective. The 153 acres is zoned Agriculture and has a State land use of Conservation/Limited. Buyer to check with respective State and County departments on possible uses as part of their due diligence. Access to the property is by a partially paved gated road maintained by the Hawaii County Dept. of Water. *Buyers please review zoning and be qualified for financing prior to showing request. This property is priced low for cash sale considering the zoning.*
State Website: dlnr.hawaii.gov/occl - Bing Map: binged.it/1qOVpCX - Video: iplayerhd.com/player/video/51705458-baf5-466e-9907-f041558d8f07/share
MLS listing information and Public Records are thought to provide reliable information but not guaranteed. Buyers to verify any information they deem important or material to their purchase.
Location
State HI
Area South Hilo
Zoning CON
Exterior
Pool No
Waterfront N
View Bay, Forest, Ocean, River, Waterfall
Building
Lot Description Grassy, Wooded
Sewer None
Water None
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
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