16 HAAHEO RD, Hilo, HI 96720
HALEPUNA · Hawaii County
Key Facts
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 property’s 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 engineer’s 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, Honoliʻi Beach Park, and more.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1956
Living Area
3,246 sq ft
Ownership
Full
Zoning
RS-7.5
MLS® Listing#
721532
Property Features
Flooring
Parking
Utilities
Sewer
Financial Details
HOA
Yes
Annual Taxes
$9,956
Tax year 2024
Assessed Value
$896,900
Parcel Number
3260200040000
Affordability Calculator
$157,800
Estimated monthly payment
$4,199/mo
Principal $631,200 · Est. interest $880,580 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hilo, HI
- $607,692
- Median Listing Price
- 87
- Median Days on Market
- 1,333
- Median Sq Ft
- $424
- Median Price / Sq Ft
- 133
- Active Listings
- This home’s price is 30% above the area median.
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hilo, HI.
Location
Points of Interest in Hilo, HI
Showing the Hilo area map.
Nearby Schools
Haaheo Elementary School
Elementary · 0.1 mi away
Connections Public Charter School
School · 1.3 mi away
Kamehameha Preschool Waianuenue
School · 1.3 mi away
Hilo Union School
Elementary · 1.4 mi away
Haili Christian School
Secondary · 1.5 mi away
Hilo High School
Secondary · 1.5 mi away
Hilo Intermediate School
Secondary · 1.6 mi away
Mauna Loa School
School · 1.7 mi away
Aha Punana Leo
School · 1.9 mi away
Kamehameha Schools
School · 2.1 mi away
St Joseph School
Secondary · 2.1 mi away
Chiefess Kapiolani Elementary School
Elementary · 2.2 mi away
Ernest Bowen Desilva Elementary School
Elementary · 2.7 mi away
E'Makaala School
School · 2.8 mi away
Ka Umeke Kaeo
School · 3.2 mi away
Kalanianaole Elementary and Intermediate School
Elementary · 3.2 mi away
Keaukaha Elementary School
Elementary · 3.2 mi away
Waiakea High School
Secondary · 3.2 mi away
Ke Ana Laahana
Secondary · 3.3 mi away
Door of Faith Church & Bible School
School · 3.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2133 KINOOLE ST, Hilo, HI | $570,000 | 6 | 2 | 2,060 |
| 2133 KINOOLE ST, Hilo, HI | $570,000 | 6 | 2 | 2,060 |
| 619 MILILANI ST, Hilo, HI | $675,000 | 5 | 3 | 2,904 |
| 450 POHAKULANI ST, Hilo, HI | $725,000 | 5 | 4 | 2,280 |
| 744-A WAINAKU ST 2 units, Hilo, HI | $750,000 | 5 | 3 | 3,630 |
| 76 PALAI ST, Hilo, HI | $752,012 | 5 | 6 | 2,092 |
Moving Cost Estimate
EXIT Agents in Hilo
Listing Courtesy: EXIT Realty Island Living - 8082846628