51 Puainako Extension
![51 Puainako Extension Hilo, HI 96720 - Photo 1 of 7 Neighborhood off South Wilder Rd.](https://www.compass.com/m/165de4dd2bb94974b7ddf8e84274045a7c7623b2_img_0_64f66/origin.webp)
Description
- Listed by Aaron Lee • License #RS-66535 • RE/MAX Properties • 8089603138
Property Details for 51 Puainako Extension
Property Details for 51 Puainako Extension
Status | Active |
---|---|
MLS # | 716708 |
Days on Market | 60 |
Taxes | $4,750 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Vacant |
Year Built | - |
Lot Size | 130.00 AC |
County | Hawaii County |
Building Information for 51 Puainako Extension
Property Information for 51 Puainako Extension
- Topography: Rolling Terrain
- Latitude: 19.67866599
- Location: PUAINAKO EXTENSION
- Longitude: -155.13584121
- Oceanfront Parcel: N
- Street: PUAINAKO EXTENSION
- Street Address Full: PUAINAKO EXTENSION HILO HI 96720
- City: HILO
- District: South Hilo
- Zip Code: 96720
- Fees-Association (Monthly): $0
- Fees-Association (Yearly): $0
- Exempt Amount: $0
- Tax Year: 2024
- Taxes (Annual): $4,749.69
- Taxkey: 3-2-5-46-1
- Taxkey9: 325046001
- Tours: 0
- Roads: Paved, State, County
- Structures: No
- Agriculture Dedicated: No
- Land Area: 5662800.0
- Lot Description - Land: Wooded
- Lot Number: 51
- Frontage: Highway/Freeway, Road/Street
- Flood Zone: X
- Lava Zone: 3
- Disclosure Form: No
- Assessed Value: $427,900
- Assessment Year: 2024
- Property Type: Land
- Photos: 7
- Power: Overhead
- Wastewater: None
- Water: County
- Solid Waste Disposal (Trash): None
- Pool: N
- Ownership: Full
- Media Changed: 12-19-2024
- Terms Acceptable: Cash
- Listor Name: Aaron K. Lee
- Days on Market: 54
- First Photo Sequence: 1
- Subtype of Listing: Vacant
- Remarks - Public: Puainako Heights is a fee simple, residential development opportunity located approximately five miles above Hilo, on the Big Island of Hawaii.<br><br>The project is currently zoned for 440 units, in both single- and multi-family configurations. The number of allowed units may be increased to 820 with approval from the County.<br>The site encompasses approximately 130 usable acres and 57 separate tax parcels.<br>- State Land Use Designation is Urban<br>- County Zoning is RS-7.5, with 34 acres zoned RM-4<br>- 317 water meters are reserved for Puainako Heights through the Department of Water Supply<br><br>The property is in foreclosure, and presents a unique opportunity for an experienced real estate developer or long-term investor. Offered at roughly $50,00 per-acre, or $20,000 per-water-unit, the site may be developed as a fee simple neighborhood and/or build-to-rent community. The scarcity of development sites near Hilo, commitment of municipal water service, and proximity to Kona, should preserve and increase the value of Puainako Heights as a long-term asset.<br><br>Additionally, RM zoning allows the following uses:<br>- Single- or multi-family housing<br>- Adult day care homes<br>- Boarding facilities, rooming, or lodging houses<br>- Care homes, with a County Use Permit<br>- Community Buildings, as permitted in Hawaii County Code Section 25-4-11<br>- Day care centers, with a County Use Permit<br>- Group living facilities<br>- Medical clinics, with a County Use Permit<br>- Meeting facilities<br>- Short-term vacation rentals, within a condominium property regime<br><br>Due to the Puainako Heights' status as the subject of a foreclosure action, the Court of the Third Circuit requires property-specific disclosures to be made to potential Buyers. Disclosures are available to interested parties.
- REversion: 600
- Sale Type: Pre-Foreclosure
- DZS: 325
Property History for 51 Puainako Extension
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 51 Puainako Extension
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Waiakeawaena Elementary School PublicPK to 5 | ||
Waiakea Intermediate School Public6 to 8 | ||
Waiakea High School Public9 to 12 | ||
Connections - New Century Public Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of RE/MAX Properties, Aaron Lee, License #RS-66535