Back 40 Akolea Road
Off Market

40 Akolea Road

Hilo HI 96720

130811 sq. ft.
Land
Last sold for $425,000
Gina Hara ChunGina Hara Chun, last sold this property on 07 November 2025 after -73 days on market.

Overview

Don’t miss this rare opportunity to own a beautiful parcel on Akolea Road, offering stunning views of both the majestic mountains and the Pacific Ocean. Conveniently located above Kaumana Elementary School and just minutes from Hilo town, this property combines natural beauty, accessibility, and agricultural potential.

Fully fenced with a gated entrance off Akolea Road, the property is currently dedicated and actively used for grazing farm animals, including goats and horses. The goats will be included in the sale to help maintain the grass naturally. The property is dedicated to this mini farm, which is why it enjoys low property taxes.

A seasonal stream flanks the Hamakua side of the property, providing an excellent area for growing water-loving crops like taro and other plants that thrive in moist conditions.

This lot offers a fantastic opportunity to build your dream home, add an agricultural building, and develop a small farm or homestead—all while enjoying panoramic views and a peaceful, country setting.

Key Features:

Spectacular mountain and ocean views

Convenient location near school and town

A part of a new subdivision that was previously surveyed and is now fully fenced with gated access.

The property is dedicated to grazing livestock, which offers lower property taxes.

The property is cleared and features flat areas ideal for building, as well as a seasonal stream that is perfect for creating an ideal native garden for taro, warabi, malie, and more.

Great potential for a home, ag building, and small farm.

Goats are included in the sale.

E Komo Mai – Welcome and come on by!

Features

130811 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Hilo over the last 12 months, the estimated median property value of 40 Akolea Road is $302.5k.

Median value
$302.5k
Estimated value range
$120k - $3m
Median days on market
29
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hilo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Akolea Road

2025
Sold
$425,000
07 Nov 2025 by Gina Hara Chun, of Hara Chun Realty, LLC
2023
Sold
$294,324
25 Oct 2023 by Gina Hara Chun, of Hara Chun Realty, LLC

Happy sellers in Hilo

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We have insufficient information to provide an overview of customer satisfaction for Hilo. Viewing the agent profiles, reviews and sales for Hilo can provide insights for this location.

Local market activity for land plots in Hilo

In the last 12 months, 43 land plots similar to 40 Akolea Road, have been sold.

This represents a 2% decrease in land plots sales when compared to the previous 12 months.

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