420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
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420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
420 AINALAKO RD
For Sale

420 AINALAKO RD

420 AINALAKO RD, Hilo, HI 96720

$1,450,000
Interested in a successful, income producing, multi-unit property just outside of historic and vibrant Hilo town? Looking for acreage on a well-maintained, beautifully landscaped, fenced lot? Perhaps a country estate, private compound or tranquil oasis is what you seek? If so, look no further, as this property offers infinite possibilities!

Situated on 1.14 acres in the upper elevations of Hilo, this special property offers multiple permitted structures - including a main home and Ohana cottage, an oversized warehouse and separate storage/flex buildings. Multiple tenants currently call this property home so it could continue to be used as a thriving rental or an alternative opportunity, the owners had previous plans for the construction and operation of a multi-unit independent elderly care facility.

With beautifully crafted tongue & groove open beam ceilings, the main home is airy and bright, boasting an open floor plan, perfect for gathering and entertaining. The cheerful living room flows seamlessly into the kitchen and dining area where a functional kitchen with plenty of space to cook and create awaits! Offering a primary ensuite with extra space for an office, craft corner or reading nook, a second bedroom and an additional bathroom, the main home totals approximately 1,720 sqft under roof.

The renovated Ohana is a quaint 1/1 cottage with its own private entrance and covered parking. The cottage provides for a separate electric meter, phone and cable option, totaling 960 sqft under roof.

With over 1,800 sqft to offer, partitioned spaces and a full bath, the warehouse features high ceilings, plenty of storage, enough space for multiple vehicles/equipment and an additional detached garage.

A storage/flex building beside the main home offers even more uses, with two rooms and a bath, totaling more than 800 sqft.

Income potential on a country estate close to conveniences, this property is surely a rare find!

6
beds

4
baths

2,888 Sq.Ft. LIVING AREA

Amber LH Chandler

Amber LH Chandler

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4
  • full bathrooms4
  • Flooring Other
  • APPLIANCES Dryer, Range, Refrigerator, Washer
  • other interior Features High Ceilings

Area & Lot

  • Status For Sale
  • Living Area2,888 Sq.Ft.
  • MLS® ID723644
  • TypeMulti-Family
  • YEAR BUILT1986
  • View DescriptionMountain(s)

Exterior

  • utilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available
  • lot featuresLevel
  • parkingAttached, Covered, Detached, Other
  • sewerCesspool
  • security FeaturesSmoke Detector(s)

Financial

  • Sales Price$1,450,000
  • Real Estate Tax $10,265/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 420 AINALAKO RD, Hilo, HI 96720. We are reviewing your request and will be in touch shortly!

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At Iokua Real Estate, Inc., it is our mission to provide the very best in new agent training, real estate sales, concierge home management and luxury vacation rentals. Contact us today to start planning your path to island living.

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