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MLS: 706254 (Active - For Sale)
 
Asking Price: $305,000 Fee Simple
Type: Residential
District: Puna
Street: 12-320 Pohakupele Loop
Neighborhood: Kalapana Sea View Estates
Beds: 2   Baths: 3 Full / 1 Half
Living Area: 1,176 SF
Land Area: 15,000 SF
Parking: Other (remarks)
Amenities: Ceiling-Vaulted,Landscaped,Park/Playground,Storage Area
Days on Market: 307
Year Built: 2004
Zoning: A-3A
Roads: County
Property Taxes: $2,489
Assessed Value: $113,400
Assessed Ratio: 268.96%
Listing Courtesy: Hilo Bay Realty LLC
Terms Acceptable: Cash,Other (remarks),1031 Exchange,PMM,Agreement of Sale
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All Homes For Sale in Kalapana Sea View Estates

Located in upper Seaview, PERMITTED yurt, landscaped.

OWNER FINANCING BELOW MARKET RATE AVAILABLE with 1/2 down!
Great opportunity to purchase 2 adjoining lots with PERMITTED yurts in the coastal community of Kalapana Seaview Estates, within a short distance to the stunning Eastside Hawaiian Pacific Ocean.
These 2 side by side properties, 12-318 and 12-320 E Pohakupele Loop, are 3 yurts set up as TWO bedrooms each with enough room for a large bed, cozy seating area & storage, a third yurt set up with a full kitchen/dining/living room area. There is a total of 3.5 bathrooms & room for additional structures to be added in the future. These 2 properties must be sold together due to the closeness of the structures. The 3 yurts’ placement provide a courtyard setting with grass lawn and a tropical fruit garden which includes pineapples, papayas, citrus, orange, bananas, lilikoi, soursop, aloe & coconuts. Space available on properties for parking up to 3 vehicles.
Each property can be independent since each has its own water system with 8,000 gallon catchment tank, on demand hot water heater, own electric meter and wastewater system. Great potential for rental income possibilities as the yurts could be set up as separate living areas each with its own bathrooms!
Located on the backside of the subdivision on a quiet street, these properties are a few minutes away from Kehena Black Sand Beach where you can swim year-round & enjoy the breathtaking Hawaiian Pacific Ocean. The quaint town of Pahoa is 20 minutes away, where you can do your shopping, banking & enjoy many restaurants.
Amazing opportunity to purchase a well price, special property in this community.

The two properties being sold together:
TMK 3-1-2-41-25, at 12-320 E POHAKUPELE LOOP
TMK 3-1-2-41-26, at 12-318 E POHAKUPELE LOOP

Sellers also has 2 additional ADJOINING properties that could provide additional living space and privacy totaling 4/5 of an acre MLS 706247 $249,500 (Two large Yurts) & MLS 706249 $109,500 (Small Yurt).


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2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
10376008/24/200107/23/2002$6,500$7,000
23564406/05/201003/08/2011$99,900$99,900

11 Comparable Homes Sold in Kalapana Sea View Estates (Last 12 months)
Description List Date Sold Date List Price Sold Price
1 Bed 1 Bath06/02/202311/15/2023$119,999$112,000
1 Bed 1 Bath11/02/202312/22/2023$139,900$148,050
1 Bed 1 Bath01/29/202403/22/2024$155,000$155,000
1 Bed 1 Bath11/10/202307/25/2024$180,000$180,000
1 Bed 1 Bath02/18/202405/30/2024$189,000$175,000
1 Bed 1 Bath12/10/202306/21/2024$225,000$182,000
2 Bed 1 Bath10/05/202312/14/2023$243,000$234,000
2 Bed 2 Bath06/10/202408/08/2024$279,000$279,000
2 Bed 1 Bath01/22/202401/22/2024$312,000$307,000
3 Bed 2 Bath07/12/202311/03/2023$323,000$274,000
1 Bed 1.5 Bath07/19/202304/08/2024$339,000$310,000
Average Price:  $214,186

 
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