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15-1392 20th Ave, Keaau, HI, 96749

--beds
0baths
--sqft
$125,000
--price/sqft
$1,081/moest. monthly cost
$43,240/yrincome needed

About This Home

Located in Hawaiian Paradise Park on 20th Ave, this 1-acre property offers a rare opportunity for those ready to take on a project and unlock its full potential. The existing structure has been unoccupied for an extended period and is in significant disrepair, requiring substantial renovation or possible replacement. The condition will limit traditional financing options, making this an ideal fit for cash buyers, contractors, or investors looking for their next project. Set on a generous parcel with established vegetation and privacy, the property provides an opportunity for redevelopment. Whether you choose to restore the existing structure or start fresh, the space and location offer flexibility to create something truly special. Hawaiian Paradise Park is known for its large lots and growing demand, making this a compelling opportunity to invest in the area’s future. Conveniently located about 15 miles from historic Hilo town. Restaurants, hardware, gas and convenience shopping in Keaau and Pahoa are all less than 10 miles away. Businesses within the subdivision include a water catchment supply company, car repair, veterinarian, a plant nursery and more. HPP has an active community association with events scheduled throughout the month. For more information visit the community association website: http://www.HPPOA.net View the video here: https://hawaiianparadisepark.com/Videos/MLS729037.mp4 Per HELCO, SSPP is only $1,912.00. According to the Hawaiian Telcom website, high-speed fiber internet is available here! Please confirm details and availability with Hawaiian Telcom. Per County TMK map, lot size is 1 acre measuring approximately 135' x 322.67' Approx Latitude 19.591966 N. Approx Longitude 154.992552 W. Approx elevation 173 feet. Approximate annual rainfall amount is 120" according to the rain fall map. Per county maps this lot is in Flood Zone X, Lava Zone 3.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
Keaau Elementary SchoolGrades PK-53.1 mi
5/10
Keaau Middle SchoolGrades 6-83.6 mi
3/10
Keaau High SchoolGrades 9-122.9 mi

Construction

Type & Style

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

Property

Details

  • Parcel number: 3150442040000
  • Zoning: A-1A
  • Special condition: Fee Simple,Standard

Features

  • Has view: Yes
  • View description: Garden
  • Topography of land: Fairly Level

Lot

  • Lot size: 1 Acres
  • Features: Wooded
  • Lot size dimensions: 322 x 135

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 $632$7,584
Home Insurance *$39$468
Property Taxes $36$432
Electricity $374$4,497
Total$1,081$12,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,062/yr
40% on housing$32,430/yr
45% on housing$28,826/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 96749$324
Hawaii County$497

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)

No zestimate history available

Price History

DateEventPrice
2026-04-28Listed for sale$125,000

For Sale by Agent

AgentWoody Musson
BrokerageLocal Hawaii Real Estate

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