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15-1974 8th Ave, Keaau, HI, 96749

5beds
3baths
1,370sqft
$650,000
$474price/sqft
$4,443/moest. monthly cost
$177,720/yrincome needed

About This Home

5-Bedroom, 3-Bath Property on 1 Acre in Hawaiian Paradise Park with the disclosure. PRICE: $650,000 Great opportunity to own a 5-bedroom, 3-bathroom property with 3 separate living units on a fully fenced and gated 1-acre lot in the desirable Hawaiian Paradise Park (HPP) This property is ideal as an investment opportunity, multi-generational home, or a spacious home with room for extended family. The 3 separate units offer flexibility for rental income or private living spaces. Located in a quiet neighborhood just 17 miles from Hilo, you'll enjoy the convenience of nearby shopping, dining, schools, and services while being just minutes from the ocean. A bus stop is located directly across the street, making transportation even more convenient. The property offers plenty of parking, a spacious yard with room to enjoy the outdoors. Whether you're looking for a home with income potential or extra space for family, this HPP property is one you won't want to miss! Property is not fully permitted. All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be signed by buyer/s with Purchase Contract.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10

Construction

Condition

  • Year built: 1984

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Laminate,Marble

Interior Area

  • Total structure area: 1,370
  • Total interior livable area: 1,370 sqft

Property

Details

  • Parcel number: 3150271400000
  • Zoning: A-1A
  • Special condition: Fee Simple,Standard

Features

  • Pool features: Above Ground
  • Has view: Yes
  • View description: Cemetery
  • Topography of land: Level,Other (remarks)

Lot

  • Lot size: 1 Acres
  • Features: Cleared,Flag Lot

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Volcanic Activity
    Volcanic ActivityVery High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding
Lightning
Volcanic Activity
Wildfire

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$205$2,460
Property Taxes $511$6,132
Electricity $441$5,294
Total$4,443$53,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,331/yr
40% on housing$133,290/yr
45% on housing$118,480/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$474This listing

vs Other Active Listings

Avg $/sqft

ZIP 96749$315
Hawaii County$496

vs Homes Sold Last Month

Median $/sqft

ZIP 96749$366
Hawaii County$424

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-02Listed for sale$650,000
2025-05-07Listing removed$1,650
2025-04-18Listed for rent$1,650
1997-01-16Sold$132,130

For Sale by Agent

AgentNathalie C Mullinix
BrokerageNathalie Mullinix Realty Universal, Inc.

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