AKOLEA RD, HILO, HI 96720

Developer Potential

Listing Provided by: Real Broker LLC
MLS #: 723221
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Description

With over 283 acres zoned A-1A and all utilities available (Sewer on Ainako, septic off Haleloke) these parcels probably have the greatest subdivision possibilities of any available in East Hawaii. With housing in critical supply, these parcels are ripe for filling a long time void. Located near Hilo Hospital and several schools, there is potential for approx 200 one-acre lots. There is also the possibility to develop in 49 lot increments. With ocean or mountain views, these desirable Kaumana properties are waiting for someone to fill a critical need. The price includes Four tmk's: 3-2-5-8-3, 3-2-5-8-25, 3-2-5-8-26 and 3-2-5-8-27. Seller may consider selling separately. Buyers to do due diligence regarding subdivision opportunities.

Property Details

Price: $4,500,000
Sold Price:
Address: AKOLEA RD, HILO, HI 96720
Ownership: Full
Status: Active
Category: Land
Type:

Total Bedrooms:
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Living Area: Square Feet

Listed by: Real Broker LLC
Year Built:
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Mountain(s), Ocean
Pool:
Pool Features:

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Parking Features:
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Home Warranty:

Community Information

Project Name:
Subdivision Name:
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: A, X

Land Information

Lot Size: 12,353,180 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Wooded
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: A-1A
Horse Amenities:

Additional Details

Assessed Tax Value: $1,127,300
Annual Tax: $34,648
Tax Year: 2025
Tax Lot: D
Tax Block:

Utilities: Electricity Available, Water Available
Cooling:
Heating:
Sewer: None
Water: Public
Solid Waste Disposal: None

First Listed August 17, 2025, 12:32 pm
Last Updated August 17, 2025, 12:32 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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