19-3834 OLD VOLCANO RD

Property Detail

Type Status Location Sub Location Price $998,000.00 Area (m)118048Bedrooms3Bathrooms2Abbrev Address19-3834 OLD VOLCANO RDAppliancesConvection Oven,Disposal,Dishwasher,Freezer,Microwave Hood,Microwave,Refrigerator,Range/Oven,Other (remarks)Baths Full2Distressed PropertyStandard SaleExpires2021-11-19FeaturesCeilings-9'+,Built-in-Book Shelves,BBQ/Cooking Pit,Ceiling-Vaulted,Exterior Lighting,Greenhouse,High Traffic,Inventory,Landscaped,Meeting Room,Office,Restroom-Public,Restaurant,Storage Area,Smoke/Heat Detector,Stained/Leaded Glass,Skylight,Track Lighting,Walking/Jogging PathFrontageRoad/StreetLand Area118048Land TenureFee SimpleLatitude19.43601493Lava Zone3Listing Date2020-11-19Listing ID644017Listing Office ID4032Listor NamePat HalpernLiving Area1836Longitude-155.22444539Office NameVenture Sotheby's International RealtyOn Line DisplayVolcano Garden Arts Restaurant and GalleryPoolNPowerOverheadRoadsCounty,PavedSewerCesspool,SepticSolid Waste DisposalNoneStreetOLD VOLCANO RDStreet Number19-3834SubdivisionOLAA SUMMER LOTSTaxes2442.00taxkey9319003004Terms Accept1031 Exchange,Cash,Conventional,Open,PMMTopographyGentle SlopeTour URLhttps://player.vimeo.com/external/478284297.sd.mp4?s=947b96b3ca18dac9bab4580a243d105e91a9bbee&profile_id=165TV AccessCableUnit DescriptionMulti-Dwelling,Single Family HomeViewForest,GardenWaterCatchment,County,Other (remarks)Dryer/WasherDryer,Front Load,WasherYear Built Max1927Year Built Min1927Zip Code96785ZoningA-1A

Property Description

Volcano Garden Arts, established in 2001, has become a cornerstone of Volcano Village. Volcano is a gateway community for Hawaii Volcanoes National Park, a World Heritage Site, with over a million visitors a year (pre-COVID). In addition to hosting tourists who visit the National Park, Volcano is home to park employees, local artists, retirees and professionals who work from home or in Hilo. All love the cool climate and sense of community found here.
Originally developed as a summer home for the William L. Hopper family of Honolulu between 1908 & 1927, all buildings have undergone extensive renovation. A Certified Kitchen was added to the main building, a former servants quarters expanded and updated as a Guest Cottage, 3 large greenhouses installed for Event Venues and an Artist Studio/Office was custom designed to replace an old garage.
In addition, a Special Use Permit was obtained to allow use of the Ag Zoned property for a restaurant, retail sales, rental cottages and special events such as weddings. This permit runs with the land and is transferable to the Buyer. With only half the 2.71 acres currently in use, there is potential for future expansion or diversification.
Potential Development Opportunities:
*Restore 3 bedroom/2 bath home for residential use
*Expand Restaurant hours and menu with intimate dining spaces throughout Art Gallery.
*Expand gift shop offerings.
*Expand and upgrade Event venues.
*Add more Guest Cottages.
*Build a personal residence or artist retreat at back of property.
Buyer and agent should check with County on future possibilities. The property and business are being sold together with fixtures, furnishings, landscaping and yard sculptures. Of special value is name recognition, owner’s reputation and goodwill generated in the local community and abroad through his website: www.volcanogardenarts.com.

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