Off Waianuenue Ave HIlo HI 96720 - photo #0
Off Waianuenue Ave HIlo HI 96720 - photo #1
Off Waianuenue Ave HIlo HI 96720 - photo #2
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Off Waianuenue Ave HIlo HI 96720

435.5 ac

71 days on market

Asking Price $825K

Price AnalysisNegotiate

Est. Buyer RebateMORE INFO$4.7K cash back

Valuation

Source

$825K
Asking Price

Seller Agent

Kevin L.Lewis

$750K
Market Value

Current Search

Manual Valuation

$717K
Market Value

Comparables

Automated Valuation

$578K
2021 assessed

big island County

Tax assessed value

  1. HI
  2. Big Island
  3. Hilo

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.

The Basics

Parcel #
250010050000
Status
Off Market
Property Type
Land
View
Bay, Forest, Ocean, River, Waterfall

Financial

Terms
1031 Exchange, Cash
Property Taxes
$345/mo

Building

Property Type
Land

Land

Tenure
Fee Simple
Frontage
None, Stream/Canal
Lot Description
Grassy, Wooded
Lot Size
435.5 acres (18,970,380 sf)
Elevation
No data
Latitude
19.69696255
Longitude
-155.17580409
Subdivision
KUKUAU 2ND, KAUMANA, PONAHAWAI & PUNAHOA 2ND
Topography
Gentle Slope
Roads
Graded, Paved
Zoning
CON - Conservation District
Flood Zone
X
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Lava Zone
Zone 3 - Areas less hazardous than zone 2 because of greater distance from recently active vents and (or) because of topography. 1-5% of zone 3 has been covered since 1800, and 15-75% has been covered within the past 750 years.
Easements
Ingress/Egress, Water
Recordation
Regular

Amenities

Telephone
Cell

MLS Data

MLS #
635990
Days on Market
71
Est. Commission
$20,625
Listing Agent
Kevin Lewis RB-18141
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2021-03-04