Hilo, HI 96720,420 AINALAKO RD
Hilo, HI 96720,420 AINALAKO RD
Hilo, HI 96720,420 AINALAKO RD
Hilo, HI 96720,420 AINALAKO RD
Hilo, HI 96720,420 AINALAKO RD
Hilo, HI 96720,420 AINALAKO RD
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$ 1,400,000
Est. payment | /mo

6 Beds

4 Baths

2,888 SqFt


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$ 1,400,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,888 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,888 sqft

Price per Sqft $484

Subdivision Pierson Ii Subdivision

MLS Listing ID 723644

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1986

Annual Tax Amount $10,265

Tax Year 2025

Lot Size 1.143 Acres

Property Sub-Type Triplex

Source Hawaii Information Service

Land Area 49789

Property Description

Interested in a successful, income producing, multi-unit property just outside of historic and vibrant Hilo town? Looking for acreage on a well-maintained, beautifully landscaped, fenced lot? Perhaps a country estate, private compound or tranquil oasis is what you seek? If so, look no further, as this property offers infinite possibilities!

Situated on 1.14 acres in the upper elevations of Hilo, this special property offers multiple permitted structures - including a main home and Ohana cottage, an oversized warehouse and separate storage/flex buildings. Multiple tenants currently call this property home so it could continue to be used as a thriving rental or an alternative opportunity, the owners had previous plans for the construction and operation of a multi-unit independent elderly care facility.

With beautifully crafted tongue & groove open beam ceilings, the main home is airy and bright, boasting an open floor plan, perfect for gathering and entertaining. The cheerful living room flows seamlessly into the kitchen and dining area where a functional kitchen with plenty of space to cook and create awaits! Offering a primary ensuite with extra space for an office, craft corner or reading nook, a second bedroom and an additional bathroom, the main home totals approximately 1,720 sqft under roof.

The renovated Ohana is a quaint 1/1 cottage with its own private entrance and covered parking. The cottage provides for a separate electric meter, phone and cable option, totaling 960 sqft under roof.

With over 1,800 sqft to offer, partitioned spaces and a full bath, the warehouse features high ceilings, plenty of storage, enough space for multiple vehicles/equipment and an additional detached garage.

A storage/flex building beside the main home offers even more uses, with two rooms and a bath, totaling more than 800 sqft.

Income potential on a country estate close to conveniences, this property is surely a rare find!

Location

State HI

County Hawaii Island (big Island)

Community Pierson Ii Subdivision

Area Hi

Zoning A-1A

Region South Hilo

City Region South Hilo

Interior

Interior Features High Ceilings

Flooring Other

Appliance Dryer, Range, Refrigerator, Washer

Exterior

Parking Features Attached, Covered, Detached, Other

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available

View Y/N Yes

View Mountain(s)

Topography Fairly Level

Garage No

Private Pool No

Land Tenure Fee Simple

Waterfront YN No

Building

Sewer Cesspool

Others

Ownership Full

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Fee Simple, Standard

Hawaii Information Service (HIS)
Listed by Iokua Real Estate

Get More Information

Jennifer Bien

Jennifer Bien

+1(808) 938-3052

Agent | License ID: RB-24077

Agent License ID: RB-24077

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