Status   ACTIVE  
Coco Palms at Keaukaha
1335 KALANIANAOLE ST, Hilo, HI, 96720 United States
just listed
$995,000
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MLS#227587
TypeOther
Bedrooms3
Bathrooms3
Square Footage1612
Age1
By the beaches in Hilo is a rare residential opportunity. Situated on 1.4 acres is Coco Palms, a planned 12-unit  Polynesian-styled residential complex. If you imagined a little grass shack with every luxury amenity available, this would be it! Cantilevered over an ancient fishpond located in the center of the property, the thatch-roofed 3 bedroom/ 3 bath model unit has been completed. The property has been legally subdivided into 12 Condominium Property Regime units, with plans included in the sale for the 11 additional units.
Interior Features The model home is environmentally conscious and luxuriously appointed. Solar thermal heating system, solar hot water, custom ventilation and bamboo flooring are a few of the eco-friendly features. Obvious attention-to-detail is evident.Inside, a great room opens to a gourmet kitchen complete with granite counters, a cooking island and bar, Koa veneer kitchen cabinets and top-of-the-line stainless steel appliances. Bamboo flooring, high coffered ceilings with framed woven panels and custom wall paintings make this luxury home unique.
Exterior Features Spanning the oceanside length of the main living level is a spacious 10 ft deep lanai, complete with ceiling fans and a granite counter outside of a kitchen pass-through. Perfect for entertaining.
Additional Features and Amenities Because of the zoning and existing property subdivision, the future potential uses for this property are myriad. Live in the model home and enjoy the large natural fishpond all by yourself. Float in privacy and serenity while listening to the waves at nearby Onekahakaha Beach Park. Hang a hammock from the coconut trees and sway in the tropical tradewinds. Sip a mai tai on the lanai of the home while enjoying the view of the ocean and fish pond.

Or, build a few other units. Plans are included for 11 other homes similar to the model home. Use them for friends, family, vacation rentals, a bed & breakfast, or ??? The possibilities are unlimited. Build them and sell them. You control the density and the building.