$4,500,000

Akolea Rd Hilo, HI 96720

Land

Property details

About Akolea Rd

Over 283 acres zoned A-1A, potential for subdividing and creating much needed housing on Akolea St. near the hospital in desirable Wainaku area. <br>Four tmk's included 3-2-5-8-3, 3-2-5-8-25, 3-2-5-8-26, 3-2-5-8-27 to be sold together. <br>Currently wooded with spots of water flow, there are however many areas that can be developed creating enclaves of beautiful homes; ocean and Mauna Kea views are available. <br>Buyers to do due diligence regarding subdivision opportunities.

Highlights

Home typeOther
StatusActive
(A)
MLS #712621
ViewMountain(s), Ocean

Summary

  • View: Mountain(s), Ocean
  • List Price: $4,500,000
  • HOA Amount: $0 Monthly
  • Lot: Wooded
  • MLS Number: 712621
  • MLS Name: Hawaii Information Service
  • Office Name: Big Island Homes & Land Co., Ltd.
  • Office Phone: (808) 756-1319

IDX © 2025 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

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: 6/13/2025, 2:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Akolea Rd, Hilo, HI 96720

$4,500,000

Akolea Rd

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Price information

Property sales

DateEventPrice
Apr 25, 2019
Home Sold
$1,998,396
Oct 15, 2004
Home Sold
$3,800,000
Sep 22, 2000
Home Sold
$4,885,900

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

8

Kaumana Elementary School

Public District PK-6

0.2 mi

1710 Kaumana Dr

9

Ernest Bowen Desilva Elementary School

Public District PK-6

2.3 mi

278 Ainako Ave

7

Hilo Union Elementary School

Public District PK-6

3.9 mi

506 Waianuenue Ave

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 $66,690. The majority of Hilo, HI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
53%
35k-100k
22%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
12%
Single, with Kids
30%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Hilo, HI

Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.

The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.

Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.

Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.

About Akolea Rd

The listing price of Akolea Rd property is $4,500,000.

The property Akolea Rd is land located in Hilo, Hawaii, 96720.

Active Listing: Akolea Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for Akolea Rd are: Kaumana Elementary School (GreatSchools Rating 8/10), Ernest Bowen Desilva Elementary School (GreatSchools Rating 9/10), Hilo Union Elementary School (GreatSchools Rating 7/10), Hilo Intermediate School (GreatSchools Rating 7/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Prince Jonah Kalanianaole Elementary & Intermediate School (GreatSchools Rating 4/10), Hilo High School (GreatSchools Rating 4/10), Waiakea High School (GreatSchools Rating 7/10), Connections - New Century Public Charter School (GreatSchools Rating 4/10).

The last sale was on April 25, 2019 for $1,998,396 (source: MLS/tax record).

This home is located at Akolea Rd in Hilo, HI and zip code 96720. Features: 0 bathroom. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $4,500,000.

In May 2025, from all listings sold in Hilo, HI there were more than 4 sold above asking price, over 13 sold below and more than 3 were sold right at the asked price. The number of listings in Hilo, HI increased by 2% between April and May 2025. Listings spent 122 days on the market in May 2025, and had a median list price of $550,000 during the same period.

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

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