Lot D Akolea Rd

Hilo, HI 96720

$4,500,000
Price
12,353,180 / 283.59
Lot Size / Acres
an aerial view of residential houses with outdoor space
a view of a city with lush green forest
a view of a city with an ocean
a view of a city with an ocean
a view of an ocean
a view of city and ocean
a view of city and ocean
a view of a yard with an outdoor space
a view of outdoor space with city view
a view of a garden
a view of a garden
a view of a tree in front of a house
a view of a garden

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...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.
  1. Listed by Denise S. Nakanishi • License #RB-17031 • Brokerage DRE #RB-23337 • Real Broker LLC
    P: (808)-936-5100 C: (808)-936-5100 denise@teamnakanishi.com
  2. Listed by Kealohanui Browning • License #RS-79982 • Brokerage DRE #RB-23337 • Real Broker LLC
    P: (808)-365-6193 C: (808)-365-6193 nui@teamnakanishi.com

Property Details for Lot D Akolea Road

View
Mountain(s), Ocean
Waterfront
No
Zoning
A-1A
LISTING UPDATED: 08/18/2025 01:41 PM

Property Details for Lot D Akolea Road

StatusActive
MLS #723221
Days on Market114
Taxes$34,648 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size283.59 AC
CountyHawaii County

Location

Listing Courtesy of Real Broker LLC, Denise S. Nakanishi, License #RB-17031; Real Broker LLC, Kealohanui Browning, License #RS-79982
Add your commute

Building Information for Lot D Akolea Road

Lot Size283.59 AC

Payment Calculator

$25,123 per month

30 year fixed, 6.28% Interest

Principal and Interest

$22,236

Property Taxes

$2,887

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Lot D Akolea Road

Summary
Location and General Information
  • Flood Zone: A, X
  • Lava Zone: 3
  • Directions: From Waianuenue, turn left onto Akolea, Parcel 8 starts before Haleloke approx 1000 feet Makai from the corner. Parcel 27 is on the North side of Punahoa Mauka off Haleloke. Parcel 25 is off Ainako between the homes on the Mauka side almost across the school. Parcel 27 starts at the end of Maunulele St.
  • Water Source: Public
  • Topography: Rolling Terrain
  • Latitude: 19.70636
  • Longitude: -155.1311925
  • Roads: County, Paved
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2025
  • Association Fee: $0
  • Tax Annual Amount: $34,648
  • Tax Assessed Value: 1127300.0
  • Parcel Number: 3-2-5-8-3
  • Tax key: 325008003
  • Tax Lot: D
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: Wooded
  • Land Tenure: Fee Simple
  • Lot Size Area: 1.23531804E7
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2024
  • Covenants Conditions Restrictions: No
  • Property Type: Land
  • Agriculture Dedicated: No
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
  • Structures: No
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total Integer: 0
Rental
Rental Information
  • Leasable Area Units: Square Feet

Property History for Lot D Akolea Road

DateEvent & SourcePriceAppreciation
Aug 17, 2025

Listed (Active)

HIS #723221

$4,500,000—
Jul 3, 2025

Temporarily Off Market

HIS #712621

—
Feb 8, 2025

Price Change

HIS #712621

$4,500,000—
Jul 18, 2024

Listed (Active)

HIS #712621

$5,000,000—
DateEvent & SourcePrice
08/17/2025

Listed (Active)

HIS #723221

$4,500,000
07/03/2025

Temporarily Off Market

HIS #712621

—
02/08/2025

Price Change

HIS #712621

$4,500,000
07/18/2024

Listed (Active)

HIS #712621

$5,000,000

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

Schools near Lot D Akolea Road

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Ernest Bowen Desilva Elementary School
Public - PK to 6
Hilo Intermediate School
Public - 7 to 8
Hilo High School
Public - 9 to 12
Connections - New Century Public Charter School
Charter - K to 12
Rating
School
Distance
Ernest Bowen Desilva Elementary School
PublicPK to 6

Hilo Intermediate School
Public7 to 8

Hilo High School
Public9 to 12

Connections - New Century Public Charter School
CharterK 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.

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More information about Lot D Akolea Road, Hilo, HI 96720

Lot D Akolea Road is a 283.59 ac of land for sale in Hilo, HI 96720. This property was listed for sale on August 17, 2025 by Real Broker LLC, it's currently listed at $4,500,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Ernest Bowen Desilva Elementary School, Hilo Intermediate School and Hilo High School. Lot D Akolea Road is a 0-bed, 0-bath, 283.59 ac of land on a 12,353,180 sq. ft. / 283.59 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC, Denise S. Nakanishi, License #RB-17031; Real Broker LLC, Kealohanui Browning, License #RS-79982

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.