Property Attributes
- MLS#721532
- TypeSingle Family
- Listing Status A
- CountyHAWAII
- CityHilo
- AreaSouth Hilo
- NeighborhoodHALEPUNA
- Zip96720
- Style
- Year Built1956
- Taxes$ 9955
- Price$ 789,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage3246
- Lot Size0.321396 Acres
Data Source:
Hawaii Info Service (HISMLS)
Property Description
HUGE PRICE REDUCTION! Price reduced aggressively for a quick, as-is sale! Ocean-view 6-bedroom Hilo property with permitted attached ohana, multi-suite layout, and flexible income potential. Positioned above Hilo Bay, 16 Haaheo Rd offers expansive Hilo bay views from multiple rooms and lanais. The 6-bedroom, 4.5 bath configuration includes a primary suite with ocean-facing lanai and ensuite bath, plus a lower level featuring an additional suite and multiple bedrooms designed to accommodate extended living or rental arrangements. The attached ohana unit is permitted and includes a separate entrance, enhancing flexibility for multi-generational occupancy or income use. Previously operated as a licensed care home, the propertys bedroom count, multiple bathrooms, and accessibility-oriented layout provide a strong foundation for reactivation of care home use or conversion to hosted rental or bed-and-breakfast operation, subject to buyer verification of applicable requirements. Outdoor living areas include a covered lanai with kitchenette and established producing trees including avocado, rambutan, citrus, coconut, and calamansi. A structural engineers report addressing a compromised foundation and outlining recommended repair is available to prospective buyers who provide proof of ability to purchase. The repair scope has been evaluated. The key finding is that no major structural reconstruction is recommended. The prescribed remediation is focused on site regrading and improved water diversion, rather than significant foundation replacement/repair. Due to foundation condition, certain financing options may be limited. Property is sold as-is. Conveniently located within close proximity to downtown Hilo, the Hilo Farmers Market, medical facilities, shopping, Honolii Beach Park, and more.
| Price History | |
|---|---|
| 6/3/2025 | Listed $949,000 |
| 8/8/2025 | 3$925,000 |
| 10/30/2025 | 9$849,000 |
| 4/11/2026 | 3$829,888 |
| 5/20/2026 | 1$828,000 |
| 7/17/2026 | 5$789,000 |
General Features
| Sewer | Cesspool |
|---|---|
| Utilities | Electricity Available |
| Zoning | RS-7.5 |
| HOA Fee | 0.0 |
| Land Tenure | Fee Simple |
| Year Built | 1956 |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Ownership | Full |
| Assoc Fee Paid Per | Monthly |
| Property Type | Residential |
| Subdivision Name | HALEPUNA |
| Full Baths | 4 |
| Status | A |
| City | Hilo |
| Lot Size Units | Square Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 9955.59 |
| Home Warranty Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=7Mmtzo2ZX3n |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 896900 |
| Tax Lot | 3 |
| Listing Terms | 1031 Exchange, Cash, Conventional, VA Loan |
| Assoc/CIC | None |
| AttributionContact | 8082846628 |
| LeasableAreaUnits | Square Feet |
| Structures YN | No |
Interior Features
| Flooring | Hardwood |
|---|---|
| Half Baths | 1 |
| Total Bedrooms | 6 |
| Total Baths | 5 |
Exterior Features
| Parking Features | Attached |
|---|---|
| Lot Size Area | 14000.0 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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