4 months on rocket

Akolea Rd, Hilo, HI, 96720

$5,000,000

Land

Location

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Property Highlights

Home TypeVacant Land
ViewMountain(s), Ocean
MLS #712621
StatusActive

About Akolea Rd

Over 283 acres zoned A-1A, potential for subdividing and creating much needed housing on Akolea St. near the hospital in desirable Wainaku area. <br>Four tmk's included 3-2-5-8-3, 3-2-5-8-25, 3-2-5-8-26, 3-2-5-8-27 to be sold together. <br>Currently wooded with spots of water flow, there are however many areas that can be developed creating enclaves of beautiful homes; ocean and Mauna Kea views are available. <br>Buyers to do due diligence regarding subdivision opportunities.

Property Details

Property Features

Listing Office:

  • Office Name: Big Island Homes & Land Co., Ltd.

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Ocean

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
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Housing Market Comparison

See how this home compares to others in Hilo, HI.

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Hilo, HI

City

Med. List Price

$599.9K

Med. Price/SqFt

$414

Avg. Days On Market

182

# of Sold Homes

3

Akolea Rd vs Hilo

128 DAYS ON ROCKET

-54 Days

$5,000,000

+$4.4M More

KEY TAKEAWAY

This property is $4.4M more than the Median List Price in Hilo, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #712621

Listing Office:

  • Office Name: Big Island Homes & Land Co., Ltd.

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 25, 2019Home Sold
$1,998,396
Oct 15, 2004Home Sold
$3,800,000
Sep 22, 2000Home Sold
$4,885,900

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-968555
8
/10

  • Kaumana Elementary School

  • 1710 Kaumana Dr

  • 0.16 miles

  • Public District Grades PK-6

school-card-donut-968556
9
/10

  • Ernest Bowen Desilva Elementary School

  • 278 Ainako Ave

  • 2.25 miles

  • Public District Grades PK-6

school-card-donut-968557
7
/10

  • Hilo Union Elementary School

  • 506 Waianuenue Ave

  • 3.90 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,690. The majority of Hilo, HI residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Hilo, HI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Hilo, HI?

Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.

Is Hilo, HI a good place to live?

Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.

Are things conveniently located in Hilo, HI?

The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.

What does the transportation in Hilo, HI look like?

Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.

Frequently Asked Questions About Akolea Rd

What is the listing price of this property?

The listing price of Akolea Rd property is $5,000,000.

What type of property is this?

The property Akolea Rd is land located in Hilo, Hawaii, 96720.

Is this property for sale now?

Active Listing: Akolea Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on April 25, 2019 for $1,998,396. (source: MLS/tax record).
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Rocket Homes›Hawaii›Hawaii County›Hilo›96720›Akolea Rd

This home is located at Akolea Rd in Hilo, HI and zip code 96720. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $5,000,000.

In October 2024 in Hilo, HI there were 17.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $599,900, while the average time on the real estate market was 182 days.

From Rocket Homes Real Estate and based on county public records data.

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