$6,828 Closing Credit¹
#720740, Listing office: Equity Hawaii Real Estate LLC
$625,000 List price
16-1401 40th Ave Keaau, HI 96749
$7,422
Closing credit¹
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)
(Contingent)
CoolingOther
Size1,172 sqft
Year built2007
ParkingCovered, Attached
MLS #705585
ViewForest, Garden
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Gas Grill, Microwave, Refrigerator, Range, Oven, Range Hood
- Flooring Type: Carpet, Ceramic Tile, Hardwood
- Interior: Smoke/Heat Detector
- Total Bedroom Count: 2
- Private Pool: No
- Parking: Covered, Attached
- View: Forest, Garden
- Cooling: Other
- List Price: $625,000
- Price/SqFt: $533
- Annual Tax Amount: $3,322
- Tax Year: 2024
- Year Built: 2007
- Living Area: 1,172 SqFt
- 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: 6/23/2025, 11:45:31 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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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 11, 2024 | Home Sold | $525,000 |
| Jul 20, 2012 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $47,802. The majority of Keaau, HI residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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?
NASCAR
Figure Skating
Monster Trucks
Where do the neighbors shop?
Dollar General
Kmart
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Hardee's
What do the neighbors drive?
Ram
Buick
Chevrolet
What do the neighbors listen to?
Classic Country
Oldies- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Keaau, HI
Transportation in Keaau includes a network of local roads that connect residents to nearby towns and points of interest. Public transportation options are available, providing connections to the wider region, though schedules may vary. The area is moderately walkable, particularly in the town center where shops and services are concentrated. For longer distances, private vehicles are commonly used, and ride-sharing services are an option for residents and visitors, enhancing mobility within the island community.
The community is served by a number of public schools, with educational opportunities available for children of all ages. Healthcare services are accessible, with clinics and specialized care providers catering to the community's needs. Keaau also features a public library, offering resources and programs for residents. The retail and dining scene reflects the local culture, with a variety of shops and eateries that showcase the flavors and crafts of Hawaii.
Keaau is known for its laid-back atmosphere and strong sense of community. The area is celebrated for its natural beauty, with nearby volcanic landscapes and tropical flora contributing to its unique charm. Residents take pride in local traditions and the slower pace of life, which is deeply rooted in the Hawaiian culture. Community events and farmers' markets are common, where locals and visitors alike can enjoy the bounty of the island's produce and crafts.
Keaau's housing market offers a blend of residential options, with single-family homes being a common sight, many of which feature island-inspired designs and lush landscaping. The market is characterized by a mix of older homes and newer constructions, reflecting the area's steady growth. While the exact homeownership rate is not specified, the market suggests a preference for owning over renting, with various properties offering spacious lots and scenic views.
About 16-1401 40th Ave
The listing price of 16-1401 40th Ave property is $625,000.
The property 16-1401 40th Ave is a house located in Keaau, Hawaii, 96749.
Accepting Backup Offers: 16-1401 40th Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 16-1401 40th Ave are: Keaau Elementary School (GreatSchools Rating 1/10), Mountain View Elementary School (GreatSchools Rating 5/10), Na Wai Ola - Public Charter School (GreatSchools Rating 4/10), Keaau Middle School (GreatSchools Rating 3/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Hilo Intermediate School (GreatSchools Rating 7/10), Keaau High School (GreatSchools Rating 5/10), Hawaii Academy of Arts & Science Public Charter School (GreatSchools Rating 7/10), Pahoa High & Intermediate School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $3,322 (source: MLS/based on county public records data).
The last sale was on March 11, 2024 for $525,000 (source: MLS/tax record).
The property at 16-1401 40th Ave has 2 bedrooms and 2 bathrooms.
The property 16-1401 40th Ave is 1,172 SqFt (source: MLS/tax record).
The year of construction for 16-1401 40th Ave is 2007.
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.
Over 8 listings were sold over their listed price in May 2025 in Keaau, HI. In the same period over 11 listings were sold below the listed price and 6 listings were sold for the listed price. In May 2025 in Keaau, HI there were 2.9% more homes for sale than in April.
From Rocket Homes Real Estate and based on county public records data.