8 Beds
5 Baths
3,298 SqFt
8 Beds
5 Baths
3,298 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,298 sqft
Price per Sqft $362
Subdivision Mokaulele Heights Houselots
MLS Listing ID 734458
Bedrooms 8
Full Baths 5
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,251
Tax Year 2025
Lot Size 0.414 Acres
Property Sub-Type Duplex
Source Hawaii Information Service
Land Area 18024
Property Description
The front home, lovingly known as The Pineapple Retreat, was built in 1950 and refreshed in 2022. It's a welcoming traditional island style home with Hilo Bay views from the primary living areas. Below, an independent basement studio with its own private entrance, kitchenette, bathroom (and fallout shelter!) enjoys a stable longer-term tenancy - or easily combine the 2 units back to the original status to create a 4 bedroom, 2 bathroom single family home.
The rear residence, Hilo Bayview, was built in 1980 and was fully renovated in 2021. Enjoy sweeping island vistas and trade-wind breezes from its upper living spaces, along with generous bedrooms and modern finishes throughout. The 4 bedrooms and 3 bathrooms are complemented by an office, storage area, and a home theater room.
Both homes come fully furnished and currently operate successfully as short-term rentals, earning great guest reputations. From January 2027, the rear residence could continue as a 3 bedroom hosted Transient Vacation Rental (TVR) under the new Hawaii County code, with the on-site long-term co-host living in the front residence basement studio. Conditional approval has been granted with certificate BBR-00084. The front residence upstairs can be operated as a longer-term, 6 month minimum lease.
A new septic tank system was installed in 2022.
Minutes from downtown Hilo, farmers market, bayfront parks, restaurants, shopping, and the airport, 441 Mohouli balances island charm with a genuine investment opportunity.
Enjoy a 3D walkthrough and floor plans at:-
https://my.matterport.com/show/?m=q9Kz3uVZhmV&brand=0
Please do not disturb guests.
Location
State HI
County Hawaii Island (big Island)
Community Mokaulele Heights Houselots
Area Hi
Zoning RS-10
Region South Hilo
City Region South Hilo
Exterior
Parking Features Attached, Covered
Utilities Available Electricity Available
View Y/N Yes
View Ocean Horizon
Topography Fairly Level
Garage No
Private Pool No
Building
Sewer Septic Tank
Others
Ownership Full
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fee Simple, Standard
Virtual Tour https://my.matterport.com/show/?m=q9Kz3uVZhmV&brand=0
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