28-3296 BEACH ROAD

  • There is a fire pit to the right of the pool for cooler evenings and gatherings.
  • Aerial looking back towards Mauna Kea from the home.
  • Coastline looking towards Hilo.
  • Locally sourced 'Ohia posts are used at the front door and both covered lanais.
  • Upstairs office and combo media room with custom Mango shelving and view to the ocean.
  • Beautiful hardwood flooring moving from the first floor to the upstairs office and master suite.
  • A short walk from the home to the ocean for fishing or other ocean activities. On a calm day, launching a kayak or canoe or simply getting into the water may be possible.
  • The future rental revenues are likely to exceed historical numbers given the recent ban on many vacation rentals located on agriculturally zoned land on the Big Island.
  • The fact this property is legal for short term rental use is valuable if income is your goal. Otherwise this private location makes for a primary residence w/a short trip to restaurants, surfing, UH Hilo, multiple Farmers' Markets a week, medical care
  • There is a fire pit to the right of the pool for cooler evenings and gatherings.
  • Aerial looking back towards Mauna Kea from the home.
  • Coastline looking towards Hilo.
  • Locally sourced 'Ohia posts are used at the front door and both covered lanais.
  • Upstairs office and combo media room with custom Mango shelving and view to the ocean.
  • Beautiful hardwood flooring moving from the first floor to the upstairs office and master suite.
  • A short walk from the home to the ocean for fishing or other ocean activities. On a calm day, launching a kayak or canoe or simply getting into the water may be possible.
  • The future rental revenues are likely to exceed historical numbers given the recent ban on many vacation rentals located on agriculturally zoned land on the Big Island.
  • The fact this property is legal for short term rental use is valuable if income is your goal. Otherwise this private location makes for a primary residence w/a short trip to restaurants, surfing, UH Hilo, multiple Farmers' Markets a week, medical care

Property Detail

Type Status Location Sub Location Price $1,655,000.00 Area (m)85813Bedrooms4Bathrooms3Abbrev Address28-3296 BEACH ROADAppliancesDisposal,Dishwasher,Microwave,Refrigerator,Range/Oven,Other (remarks)Baths Full3Baths Half1Distressed PropertyStandard SaleExpires2021-10-05FeaturesCeilings-9'+,Built-in-Book Shelves,Ceiling-Cathedral,Inventory,Landscaped,Office,Recreation Area,Storage Area,Smoke/Heat Detector,Other (remarks),Bar-Wet,Walking/Jogging PathFrontageAlmost Oceanfront,Pasture,Preservation,Rocky Beach,Other (remarks)Land Area85813Land TenureFee SimpleLatitude19.86200961Lava Zone8Listing Date2020-10-05Listing ID643148Listing Office ID1877Listor NameRebecca Hirsch-KeliihoomaluLiving Area3411Longitude-155.0930312Monthly Fees78Office NameCorcoran Pacific PropertiesOn Line DisplayOCEANFRONT SHORT TERM RENTAL PERMIT 2 Ac. Luxury Custom Home 4/3.5 w/PoolPoolYPowerGas,Solar/Photovoltaic,Other (remarks),UndergroundRoadsPrivate,Paved,Other (remarks)SewerSepticSolid Waste DisposalNoneStreetBEACH ROADStreet Number28-3296SubdivisionPEPEEKEO POINT SUBDIVISIONTaxes9070.00taxkey9328008050Terms Accept1031 Exchange,Cash,Conventional,PMM,Other (remarks)TopographyFairly Level,Gentle Slope,Other (remarks)Tour URLhttps://www.tourbuzz.net/1023824?idx=1TV AccessSatelliteViewCoastline,Mountain,Ocean,Ocean Horizon,Pasture,Other (remarks),SunriseWaterPrivate,Other (remarks),WellsWindow CoverCurtains,Other (remarks)Dryer/WasherDryer,WasherYear Built Max2015Year Built Min2015Zip Code96783ZoningA-20A

Property Description

VACATION RENTAL PERMIT ON THE OCEAN! A perfect retreat home and property to hide out and be self-sufficient while surrounded by gorgeous rolling green pastures running to the blue sparkling sea. This property may be the only agriculturally zoned vacation rental on the coast with a renewable and transferable legal permit to operate a short-term, 3/3.5 vacation rental as a prior non-conforming use. Oceanfront and located on the pristine, low-density Hamakua Coast of the Big Island, this estate is on the private, gated and desirable Beach Rd. approx. 10 miles from historic Hilo Bay. The portion of land where the home is located spans 1.97 ac. however the sale also includes an additional large, private recorded easement, a walking path extending all the way to the stunning, rugged cliffs overlooking the Pacific Ocean. As an investment, the home has a proven history as a short-term vacation rental pre-covid and, will be busy again soon. The rental revenues are likely to exceed historical numbers given the ban on many vacation rentals located on agriculturally zoned land. The fact that this property is legal for that use is valuable if income is your goal. Modern luxury w/Craftsman details are uniquely embodied in the main home of 4 bedrooms and 3.5 baths for a total of 3,311 sqft. of living space. Every detail was carefully selected, and quality crafted to compliment the combination of concrete accent walls as well as concrete and hardwood flooring, unique fans and light fixtures, interior and exterior hand-mixed colors, local island woods, and abundant glass. The home is also a tribute to self-sufficient living w/a full photovoltaic 34 panel, 260-watt system and a private well making the home not only safe and private but independent. An oversized 850 sqft. garage with a workshop and a multi-purpose room upstairs adds even more value. NOTE: STVR PERMIT IS FOR 3/3.5.

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