Sold
Last Sold Price
130,811 Lot Size3.00 Acres

40 Lot 1 Akolea Rd, Hilo, HI 96720

LandProperty Type
3.00 acresLot Size

Description

Don’t miss this rare opportunity to own a beautiful parcel on Akolea Road, offering stunning views of both the majestic mountains and the Pacific Ocean. Conveniently located above Kaumana Elementary School and just minutes from Hilo town, this property combines natural beauty, accessibility, and agricultural potential. Fully fenced with a gated entrance off Akolea Road, the property is currently dedicated and actively used for grazing farm animals, including goats and horses. The goats will be included...Don’t miss this rare opportunity to own a beautiful parcel on Akolea Road, offering stunning views of both the majestic mountains and the Pacific Ocean. Conveniently located above Kaumana Elementary School and just minutes from Hilo town, this property combines natural beauty, accessibility, and agricultural potential. Fully fenced with a gated entrance off Akolea Road, the property is currently dedicated and actively used for grazing farm animals, including goats and horses. The goats will be included in the sale to help maintain the grass naturally. The property is dedicated to this mini farm, which is why it enjoys low property taxes. A seasonal stream flanks the Hamakua side of the property, providing an excellent area for growing water-loving crops like taro and other plants that thrive in moist conditions. This lot offers a fantastic opportunity to build your dream home, add an agricultural building, and develop a small farm or homestead—all while enjoying panoramic views and a peaceful, country setting. Key Features: Spectacular mountain and ocean views Convenient location near school and town A part of a new subdivision that was previously surveyed and is now fully fenced with gated access. The property is dedicated to grazing livestock, which offers lower property taxes. The property is cleared and features flat areas ideal for building, as well as a seasonal stream that is perfect for creating an ideal native garden for taro, warabi, malie, and more. Great potential for a home, ag building, and small farm. Goats are included in the sale. E Komo Mai – Welcome and come on by!
  • Listed by: Gina Hara Chun 808.936.3297 gina@realtyhc.com License #RB-20817 Brokerage DRE #RB-21091 • Hara Chun Realty, LLC
Listing closed: 11/07/2025 12:00 AM • Source: HIS, MLS#: 723641
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Location

Listing Courtesy of Hara Chun Realty, LLC, Gina Hara Chun, License #RB-20817

Sold By Hara Chun Realty, LLC, Gina Hara Chun, License #RB-20817

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Payment Calculator

$2,286 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,269

Property Taxes

$17

HOA Dues

$0

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Property Information for 40 Lot 1 Akolea Road

Property Details

  • Taxes: $200 / year
  • MLS Type: Land
  • View: Mountain(s), Ocean, Ocean Horizon, Sunrise
  • Waterfront: No
  • Zoning: A-3A

Building Information

  • Lot Size: 3.00 AC

Summary

Location and General Information
  • Flood Zone: AE, X
  • Lava Zone: 3
  • Directions: Driving Directions:<br>Driving up Kaumana Dr. After passing Kaumana Elementary School on the right. Take a Right onto Akolea Rd. It is the first parcel on the RIGHT.
  • Water Source: Public
  • Topography: Gentle Slope, Level, Other (remarks)
  • Latitude: 19.68641542
  • Longitude: -155.1362294
  • Roads: County
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2025
  • Tax Annual Amount: $200
  • Tax Assessed Value: 1300.0
  • Parcel Number: 3-2-5-6-170
  • Tax key: 325006170
  • Tax Lot: 1
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet

Property

Lot Information
  • Lot Size Units: Square Feet
  • Living Area Units: Square Feet
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Lot Features: Grassy, See Remarks
  • Land Tenure: Fee Simple
  • Lot Size Area: 130811.0
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2025
  • Covenants Conditions Restrictions: No
  • Property Type: Land
  • Agriculture Dedicated: Yes
Utilities
  • Sewer: None
  • Solid Waste Disposal: None
  • Utilities: Electricity Available, Water Available

Interior and Exterior Features

Exterior Features
  • Exterior Area Units: Square Feet
  • Pool: No
  • Fencing: Wire
  • Structures: No
Interior Features
  • Elevation Units: Feet

Rental

Rental Information
  • Leasable Area Units: Square Feet

Property History for 40 Lot 1 Akolea Road

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Sold

HIS #723641

$425,000—
Oct 4, 2025

Contract Out

HIS #723641

—
Oct 4, 2025

Contract Signed

HIS #723641

—
DateEvent & SourcePrice
11/07/2025

Sold

HIS #723641

$425,000
10/04/2025

Contract Out

HIS #723641

—
10/04/2025

Contract Signed

HIS #723641

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 40 Lot 1 Akolea Road

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Kaumana Elementary School
PublicPK to 6

Hilo Intermediate School
Public7 to 8

Hilo High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Lot 1 Akolea Road, Hilo, HI 96720
$425,000
–
–
–
130,811
$425,000
–
–
–
130,811
$155,000
–
–
–
234,788
$500,000
4
1,784
130,680
–
–
–
8,184
311,105
$45,000
–
–
–
15,244

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hara Chun Realty, LLC, Gina Hara Chun, License #RB-20817

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.