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Off market
  • $1,215,200

    1245 Kaumana Dr, Hilo, HI 96720

    9beds
    4,062sqft
    SingleFamily
    Built in 1975
    3 Acres Lot
    $1,215,200 Zestimate®
    $299/sqft
    $5,103 Estimated rent

    Home value

    $1,215,200

    $1.06M - $1.39M

    $5,103/mo

    Zestimate® history
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    $5,421/mo

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    $5,421/mo

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    What's special

    The permits have been submitted to the county as the Greenwill Mind Kaumana Subdivision with 6 tmks. This property offers three separate single-family homes, all 3 bed/2+ bath, and a myriad of short and long term rental possibilities. Each home comes fully furnished and turn key. Once an anthurium farm, this charming 3 acre property is very unique. Featuring a fully permitted, award-winning bed & breakfast with a review base and reputation that promises a great business opportunity for years to come. The property also has two other single-family homes fully equipped for long or short term rentals and more than an acre of undeveloped land that is ideal for subdividing. The B&B has a newly installed, outdoor barrel sauna, hot tub, outdoor gym, and an underground bunker. The property is also a small park with lychee, avocado, lilikoi, coffee, guava, orange, lemon, noni, mountain apple, mulberry, pineapple and more. The back of the property includes over an acre of cleared land, which has potential for multiple subdivisions. The homes would have ocean views and border Kamehameha lands, allowing for privacy.Short Term Rentals: KAUMANA CAVES INN, Operating since 2016, we have developed a reputation for being the best selling B&B in Hilo. Currently only operating 2 units, the B&B permit offers potential for growth up to 5 units.Long Term Rentals: OHIA & ANTHURIUM HOMES, The two 3 bed/ 1.5 bath single-family homes are turn-key, long term rental ready and have been occupied by great tenants for years. Live in one of these homes, rent out the other and manage the B&B!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 7
    • Full bathrooms: 4
    • 1/2 bathrooms: 3
    Cooling
    • None
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 4,062 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other, Wood
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 3 Acres
    • Topography: Fairly Level
    Details
    • Parcel number: 250270020000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Metal
    Condition
    • Year built: 1975

    Community & HOA

    Location
    • Region: Hilo

    Financial & listing details

    • Price per square foot: $299/sqft
    • Tax assessed value: $837,600

    Price history

    DateEventPrice
    10/10/2020Price change$1,790,000+43.2%$441/sqft
    Source: Hawaii Life #635188 Report a problem
    6/4/2020Listed for sale$1,250,000+8.7%$308/sqft
    Source: Hawaii Life #635188 Report a problem
    4/22/2020Listing removed$1,150,000$283/sqft
    Source: Owner Report a problem
    1/23/2020Price change$1,150,000-8%$283/sqft
    Source: Owner Report a problem
    11/19/2019Listed for sale$1,250,000+72.4%$308/sqft
    Source: Owner Report a problem
    2/12/2016Sold$725,000$178/sqft
    Source: Hawaii Information Service #286127 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $837,600 +4.5%
    2024$8,896 +5.8%$801,400 +5.8%
    2023$8,405 +1.3%$757,200 +1.3%
    2022$8,296 +13.2%$747,400 +13.2%
    2021$7,329 +3.3%$660,300 +3.3%
    2020$7,097 $639,400 +1.6%
    2019-- $629,300 +18%
    2018-- $533,200 +1.8%
    2017$2,927 $523,600 +1.7%
    2016$2,927 $514,800 +5.4%
    2015$2,927 $488,400 -0.5%
    2014$2,927 $491,000 +3%
    2013-- $476,700 -0.4%
    2012-- $478,800 -0.6%
    2011-- $481,700 -15.5%
    2009-- $569,800 -3.2%
    2008-- $588,400 +125.5%
    2006-- $260,900 -30.3%
    2005-- $374,400 +28.3%
    2003-- $291,900 +60.3%
    2002$1,663 +0.5%$182,100
    2000$1,654 --
    Find assessor info on the county website

    Neighborhood: 96720

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: South Hilo

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,215,200
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    +$24,304
    With Zillow Showcase(estimated)
    $1,239,504