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12-5455 Ala Lokelani, Pahoa, HI, 96778

6beds
5baths
3,372sqft
$250,000
$74price/sqft
$2,729/moest. monthly cost
$109,160/yrincome needed

About This Home

Welcome to your own off-grid retreat in Kalapana, Conveniently located near the entrance of the subdivision, this unique property offers exceptional flexibility for multi-generational living, investment, or owner occupancy. On clear evenings, enjoy the rare glow of Halemaʻumaʻu from Hawaiʻi Volcanoes National Park. The property features two separate structures totaling approximately 6 bedrooms & 5 bathrooms. The front guest dwelling offers TWO PRIVATE BEDROOM SUITES, each with its own bathroom and private entrance, ideal for long-term rentals, short-term vacation rentals, or guest accommodations. The lower level of the main home includes a full kitchen, living area, TWO BEDROOMS, and a full bathroom, creating another self-contained living space. Upstairs features the primary suite, two bathrooms, a kitchen, and an expansive lanai showcasing panoramic ocean views, Third Level w/ 1 bed. INCREDIBLE INCOME POTENTIAL! With FOUR PRIVATE BEDROOMS that can function independently between the guest dwelling and the main home's lower level, While you live upstairs, this property offers endless possibilities. Rent the rooms individually, operate as long-term or short-term rentals (where permitted), or explore a hostel-style concept. Several successful hostels already operate within the subdivision, making this an exciting opportunity for investors or owner-occupants looking to generate supplemental income while enjoying the upper level as a private residence. The seller has previously operated the property as a successful short-term vacation rental. Designed for sustainable island living, the property includes an off-grid solar photovoltaic system with 16 solar panels, a wind turbine, backup generator, two 5,000-gallon catchment tanks, two cesspools, a greenhouse/workshop, outdoor entertaining areas, vaulted ceilings, custom wood accents, and lush tropical landscaping filled with ornamental plants, fruits, & vegetables. Seller financing available!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
Pahoa Elementary SchoolGrades PK-610.2 mi
2/10

Construction

Condition

  • Year built: 2010

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Interior Area

  • Total structure area: 3,372
  • Total interior livable area: 3,372 sqft

Property

Details

  • Parcel number: 3120160010000
  • Zoning: A-1A
  • Special condition: Fee Simple,Standard

Features

  • Has view: Yes
  • View description: Bay,Coastline,Forest,Mountain(s),Ocean,Ocean Horizon,Sunrise
  • Has water view: Yes
  • Water view: Bay,Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Front
  • Frontage type: Almost Oceanfront,Other,Rocky Beach
  • Topography of land: Fairly Level

Lot

  • Lot size: 7,501 sqft
  • Features: Rocky

Parking

  • Parking features: Attached,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 FloodingRelatively High
  • Volcanic Activity
    Volcanic ActivityRelatively High
  • Wildfire
    WildfireRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Volcanic Activity
Wildfire
Lightning

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 $1,264$15,168
Home Insurance *$112$1,344
Property Taxes $268$3,216
Electricity $1,085$13,030
Total$2,729$32,748
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,565/yr
40% on housing$81,870/yr
45% on housing$72,773/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

$74This listing

vs Other Active Listings

Avg $/sqft

ZIP 96778$245
Hawaii County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 96778$313
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
2026-07-28Listed for sale$250,000
2024-11-30Listing removed$250,000
2024-04-09Price change$250,000
2023-12-04Listed for sale$285,000
2023-01-01Listing removed$250,000
2022-12-17Price change$250,000
2022-09-15Price change$295,000
2022-08-26Price change$329,900
2022-08-02Price change$395,000
2022-07-08Listed for sale$420,000
2013-03-20Sold$15,250

For Sale by Agent

AgentVaihere Otare
BrokerageeXp Realty

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