$7,422

closing credit¹

16-1401 40th Ave Keaau, HI 96749

$625,000
2 beds
2 full
1,172 sqft
$533 / sqft
House

Property details

About 16-1401 40th Ave

An incredibly rare find! Licensed, income-producing vacation rental, boasting a 11-year, 5-star track record and sold turnkey as a home or business. Hawaii county’s limited STVR licensing of this area ceased in 2019, so your license is one of the finite few benefiting from the year-round booking stream of this popular location.<br><br>Gently elevated, the home is nestled peacefully in a clearing, surrounded by lush rainforest and the soothing sounds of nature. Gated, and set-back from the street, with a private palm-lined driveway for ultimate privacy, this is a well-designed retreat that has been thoughtfully constructed with master craftsmanship throughout. <br><br>From the comfortable lanai, enter through french doors into a warm greeting of locally-harvested hardwood flooring underfoot, and brilliant natural light from the large windows in every room. The home’s open-concept design, cooled by the breezy trade-winds, welcomes easy gatherings for family and friends. <br><br>The kitchen features ample work space, ceramic tile floors, and lots of cabinet/pantry storage. The abundant warmth of the entire living space instantly feels like home.<br><br>At one end of the open hallway with it's large closets, a full bath opens adjacent to a large bedroom; at the other end is the sizable, sunlit primary suite with a bay window, an airy walk-in closet, ensuite full bath and slider door to the lanai.<br><br>The covered carport houses a convenient laundry room and ample space for additional parking on the expansive gravel driveway, and lots of surrounding green space to enjoy life in the warm Hawaii sun!<br>Features include:<br>*10k gal catchment tank, UV/sediment filters<br>*New solar hot water panels<br>*Secure under-house storage<br>*Fiber optic internet/TV<br>*Temperate microclimate <br>*Lava Zone 3, Flood X<br>*Dense native forest historically slows high winds<br>*Easy drive to Volcano, Hilo, Pahoa & Keaau<br>Leaseback of undeveloped land for a discount on sales price.

Highlights

Home typeSingle Family Residence
StatusAccepting Backup Offers
(Contingent)
CoolingOther
Size1,172 sqft
Year built2007
ParkingCovered, Attached
MLS #705585
ViewForest, Garden

Virtual tour

Summary

  • MLS Number: 705585
  • Office Name: Coldwell Banker Island Properties - Kona

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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$625,000

16-1401 40th Ave

$7,422

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 11, 2024
Home Sold
$525,000
Jul 20, 2012
Home Sold
$180,000

Tax history

YearAssessmentProperty Tax
2024$355,400$3,322
2023$338,800$3,167
2022$317,700$2,970

History based on county public records data.

Nearby schools

1

Keaau Elementary School

Public District PK-5

2.9 mi

16-680 Keaau Pahoa Rd

5

Mountain View Elementary School

Public District PK-5

4.4 mi

18-1235 Volcano Hwy

4

Na Wai Ola - Public Charter School

Public Charter PK-6

4.9 mi

181355 Volcano Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,802. Residents of Keaau, HI typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
34%
35k-100k
20%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

35%
Single, No Kids
11%
Single, with Kids
29%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • Hardee'sHardee's

What do the neighbors drive?

  • RamRam
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Keaau, HI

About 16-1401 40th Ave

This home is located at 16-1401 40th Ave in Keaau, HI and zip code 96749. This 1,172 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $625,000.

In January 2025 in Keaau, HI there were 20.5% more homes for sale than in December. While the average time on the market in January 2025 was 205 days, the median list price was $558,000.

From Rocket Homes Real Estate and based on county public records data.

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