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Sold for $1,100,000
  • $1,100,000

    48 Makakai Pl, Hilo, HI 96720

    5beds
    3,155sqft
    Single Family Residence
    Built in 1970
    0.36 Acres Lot
    $1,080,900 Zestimate®
    $349/sqft
    $4,032 Estimated rent

    Home value

    $1,080,900

    $919,000 - $1.26M

    $4,032/mo

    Zestimate® history
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    What's special

    Ocean viewsFenced backyardFresh new deckAccordion doors
    Generational opportunity to own a home on ocean side of exclusive Alae Point - a location for legend and legacy directly above Honoli’i Beach Park.   The home is awe-inspiring and absolutely one of a kind- with award winning architecture and ocean views that stretch from Honoli’i point to Keaukaha and Hilo Bay. Get your surf report and weather forecast from your windows then walk to the beach from your own back door.  The floorplan affords the luxury to operate as two separate units- one on each side of the porte cochere - with a design in mind to create a third to help maximize the property's potential.  The upstairs Great Room is a display of grandeur on another level- large redwood posts and beams with a T&G ceiling that peaks 20' above the slate floor where it's capped with a plexiglass cupola. Each corner has two lanais with doors that open wide when you want to let in the breeze and the light while the fresh new deck overlooks the fenced backyard and 60' lap pool with new pump and filtration system. The two biggest bedrooms (appx 9' x 26') are equipped with accordion doors to make four rooms from two- each with its own door, window, and closet. Across the porte cochere the smaller hale comes complete with a bedroom, bathroom, loft, kitchenette, and its own W/D. Find prominence and pride in a property perfect for parties and gatherings- plenty of parking to promote community and share your place with your people. Bring family and friends to amaze on holidays- Watch the fireworks on the First and the Fourth- See the sunrise surfers and whales at play while you watch your ship come in.

    Zillow last checked:

    Listing updated:

    Listed by:

    Evan Cole Clarke 8083452197,

    Hawaii Life

    Bought with:

    Evan Cole Clarke, RS-65748

    Hawaii Life

    Source: Hawaii Information Service,MLS#: 716048MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,155
    • Total interior livable area: 3,155 sqft

    Property

    Parking
    • Parking features: Attached
    Features
    • Pool features: Gunite, In Ground, Outdoor Pool
    • Fencing: Stone,Wood
    • Has view: Yes
    • View description: Bay, Coastline, Ocean, Ocean Horizon, Sunrise
    • Has water view: Yes
    • Water view: Bay,Ocean
    • Waterfront features: Ocean Front
    • Frontage type: Almost Oceanfront
    Lot
    • Size: 0.36 Acres
    • Dimensions: 155 x 100
    • Features: Cul-De-Sac, Grassy
    • Topography: Terraced
    Details
    • Parcel number: 3260260090000
    • Zoning: RS-15
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Cesspool
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available

    Community & neighborhood

    Location
    • Region: Hilo
    • Subdivision: ALAE POINT

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: Full
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/30/2025Sold$1,100,000-8.3%$349/sqft
    Source: Hawaii Information Service #716048 Report a problem
    5/22/2025Pending sale$1,200,000$380/sqft
    Source: Hawaii Information Service #716048 Report a problem
    3/5/2025Listed for sale$1,200,000$380/sqft
    Source: Hawaii Information Service #716048 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,140,800 +4.7%
    2024$11,474 +3.1%$1,089,400 +8.6%
    2023$11,134 +4.1%$1,003,100 +4.1%
    2022$10,695 +13%$963,500 +13%
    2021$9,462 +3.9%$852,400 +3.9%
    2020$9,110 +1.9%$820,700 +1.9%
    2019$8,938 +11%$805,200 +9.8%
    2018$8,055 $733,500 +1.1%
    2017-- $725,700 +3.3%
    2016-- $702,600 +4.4%
    2015-- $672,800 -0.4%
    2014-- $675,800
    2000$2,575 --

    Find assessor info on the county website

    Neighborhood: 96720

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,080,900
    2% more
    +$21,618
    With Zillow Showcase(estimated)
    $1,102,518