$3,200,000
Estimated Payment$15,113/mo
House For SalePrice Drop -$200,000

23 Machida Lane, Hilo, HI 96720

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6Beds
6Baths
6-Bedroom House In Keaukaha

The Hilo Beach House is a successful multi-unit, beach-front vacation rental bordering Onekahaka Beach Park for easy ocean access and front-row views of the Pacific Ocean. A protected white-sand cove is located just steps away from this amazing opportunity. Offering 4 luxury-studio units on the first floor, a 2 bedroom, 2 bathroom residence on the top floor, 2 laundry rooms, linen storage, office, a guest reception area as well as a grand lobby and event area. The air-conditioned, luxury-studio units are decorated and furnished with handcrafted pieces from Bali and feature screened-in balconies boasting ocean and garden views. One of these units includes a full kitchen and the other 3 units include kitchenettes. When accommodatinglarger parties, the unit with the full kitchen can also be accessed directly from its adjacent unit. The main residence on the top floor impresses with an open layout, plush master suite and another amazing balcony with front-row, ocean views. Grand lobby comes equipped with solar and rain shades and is currently hosting yoga and dance classes. The sum area of these improvements totals over 6,300 sqft. Fenced on every border and landscaped with a tropical setting. Automatic gate with optional keypad entry. Ample parking as well. Motion lighting & video surveillance system with mobile phone notifications. All vacation rental furnishings, linens, etc. are included. Built compliant with V-.75 Resort-Zoning so vacation rental permits aren't required to conduct business as a vacation rental. Please visit the "Hilo Beach House" vacation rental website for a detailed description of the rental units. And be sure to view the 3D walkthrough @: https://listing.hawaiirealtysolutions.com/ut/23_Machida_Lane.html

23 Machida Lane is a home located in Hawaii, the 96720 ZIP Code, and the Keaukaha Elementary School, Hilo Intermediate School, and Hilo High School attendance zones.

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23 Machida Lane
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Location
23 Machida Lane Hilo, HI 96720
Home Details

Interior Details

Rooms

  • Full Bathrooms: 6

    General

    • Appliances: Dishwasher, Disposal, Range Hood, Range Oven, Refrigerator
    • Water Source(s): County

    Utilities

    • Heating Details: Split Zoned
    • Cooling Details: Split Zoned

    Financial Details

    Tax Details

    • Zoning: V 75
    • Annual Tax Amount: 8522

    Property Details

    General

    • Water Source(s): County
    • Road Surface: Private

    Location Details

    View

    • View Details: Coastline, Mountain, Ocean, Sunrise

      MLS Details

      General

      • Days on Homes.com: 50
      • MLS Number: 663562
      • Listed: 8/14/2022
      • Last Updated: 9/29/2022
      • Offered By: Corcoran Pacific Properties
      • Listing Source: Hawaii Information Service
      Monthly Payment Calculator

      $15,113

      Estimated Mortgage
      Principal & Interest
      $10,793
      Insurance
      $1,120
      Taxes
      $3,200
      Mortgage Insurance
      $0
      i
      Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
      i
      If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
      Price History
      • DateEventPrice
      • 09/29/2022$200,000$3,200,000
        Source: Hawaii Information Service
      • 08/14/2022listed$3,400,000
        Source: Hawaii Information Service
      Nearby Schools
      School data provided by GreatSchools
      i
      The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
      Points of Interest

      Airports

      Distance
      • Hilo International
        2.7 mi

      Colleges

      Distance
      • Univ. of Hawaii Hilo, Manono
        3.7 mi
      • Univ. of Hawaii at Hilo, Main
        4.6 mi
      Listing Agent
      David Skeele
      Corcoran Pacific Properties
      Hilo, HI
      Continue Your Search

      $3,200,000

      6 Beds6 Baths

      23 Machida Lane

      Hilo, HI 96720

      David Skeele
      Corcoran Pacific Properties