Listing Image
MLS: 711014 (Active - For Sale)
 
Asking Price: $8,000 Fee Simple
Type: Land
District: Puna
Street: Pikake Rd
Neighborhood: Nanawale Estates Subdivision
Monthly Association Fee: $9.5
Style: Vacant
Land Area: 8,040 SF
Days on Market: 187
Year Built: 0
Easements: Electric
Zoning: A-1A
Roads: Unpaved,Private
Land Recorded: Regular
Property Taxes: $200
Assessed Value: $8,500
Assessed Ratio: 94.12%
Listing Courtesy: KW Big Island
Terms Acceptable: 1031 Exchange,Cash

Value, value, value, and opportunity, opportunity, opportunity in Nanawale

Value. Value. Value. Opportunity. Opportunity. Opportunity.
Two side-by-side lots in Nanawale Estates for less than $16,000. This is the perfect chance to build multiple dwellings without having to worry about the zoning limitations and exemptions to build two homes on the same lot - because this offering includes not one, but two lots. These properties allow so much freedom and flexibility when considering multiple dwellings. Family compound. Main residence and guest quarters. Live in one and rent one. Rent both. Build on one and keep the second as a large yard. You get to choose how you will build out these wooded lots. Pikake is a rural road that has a charm all its own: narrow, tree-shaded, and quiet. Yet, it's only a few hundred feet from the paved collector roads of the area.

The value gets better. The Nanawale Estates Community has a central pool, park, and recreation area available to its residents. Pahoa town is just a few minutes away by car and with it comes all of the amenities you would expect: groceries, retail, restaurants, cafes, post office, galleries, and more. If that's not enough, Hilo is a little further where even greater conveniences can be found: The Hilo International Airport, the University of Hawaii Hilo, government facilities, and the Pacific Ocean beaches.

Too good to be true? No. Too good to last? Probably...


 
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