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12-4354 Hilo St, Pahoa, HI, 96778

--beds
0baths
--sqft
$62,500
--price/sqft
$786/moest. monthly cost
$31,440/yrincome needed

About This Home

Opportunity awaits in Black Sands Beach Subdivision in Pahoa! This two-story unpermitted structure sits on a 7,750 sq ft lot with a 1,200 gallon water catchment, offering a unique chance for investors, contractors, or buyers looking to create their own island retreat. The home is being sold as-is, and all items currently on the property are included in the sale, making this a true turnkey opportunity for the right buyer with vision. Conveniently located just a short drive from Pahoa Town, you’ll enjoy access to local shops, dining, and community amenities while still embracing the peaceful lifestyle of East Hawaii. Whether you’re looking to renovate, rebuild, or hold as an investment, this property offers upside potential in one of Puna’s growing communities. Lava Zone 2 (buyers to perform due diligence)

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

4/10
Pahoa Elementary SchoolGrades PK-65.8 mi

Construction

Type & Style

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

Property

Details

  • Parcel number: 3120241050000
  • Zoning: A-1A
  • Special condition: Fee Simple,Standard

Features

  • Fencing: None
  • Has view: Yes
  • View description: Forest
  • Topography of land: Fairly Level,Gentle Slope

Lot

  • Lot size: 7,750 sqft
  • Features: Grassy,Wooded

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 $316$3,792
Home Insurance *$28$336
Property Taxes $68$816
Electricity $374$4,497
Total$786$9,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,948/yr
40% on housing$23,580/yr
45% on housing$20,960/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 96778$246
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)

No zestimate history available

Price History

DateEventPrice
2026-05-03Listed for sale$62,500
2009-07-21Sold$9,500
2003-06-12Sold$3,600

For Sale by Agent

AgentBreeAnn Olivia Saks
BrokerageReal Broker

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