UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $525
Subdivision Maunakai Circle Subdivision
MLS Listing ID 732752
Bedrooms 4
Full Baths 3
HOA Fees $25/mo
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $7,640
Tax Year 2025
Lot Size 10,078 Sqft
Property Sub-Type Single Family Residence
Source Hawaii Information Service
Land Area 10078
Property Description
Welcome to the Pineapple Getaway! This highly successful, licensed Short Term Vacation Rental (STVR) is on the market for the first time since its renovation in 2019. Take a tour of this stunning 4-bedroom, 3-bathroom home at the end of a quiet cul-de-sac in Hilo's desirable Maunakai Circle subdivision, one of only a few with sidewalks. The house has a rare transferable Short-Term Vacation Rental license (STVR-19-357766) and Nonconforming Use Certificate (NUC-19-0971) in a residential zone that no longer permits new STVRs. Fully furnished and ready to rent, this premium property has earned 182 out of 192 five-star ratings and a 4.94 out of 5 average Airbnb rating since opening in 2020.
This 1,856 sq ft home was renovated in 2019 with quartz countertops, modern cabinetry, stainless appliances, vinyl-plank flooring, dual-pane windows & patio doors, updated electrical/plumbing, and remodeled bathrooms with tiled surrounds. A new septic system was added in 2021. Multiple outdoor spaces include a large uncovered rear deck, and a large covered lanai, front porch, and kitchen deck. Distant ocean views and the stunning volcano Mauna Kea are visible from the upper deck and other locations. A living room and a versatile downstairs family/TV room offer multiple living spaces and an attached double garage with EV charger complete the layout. The fully-fenced, well-maintained gardens contain mature fruit trees, a kids playhouse, and a bespoke kids climbing wall.
Prefer to live in paradise full-time? The transferable permit lets you earn premium short-term rental income by hosting guests just a few weeks a year when you travel — offsetting your mortgage considerably.
Enjoy a 3D tour at https://my.matterport.com/show/?m=c6p7fpBKSa6&brand=0
Please Do Not Disturb Guests, this is a very active vacation rental. Showings will be coordinated between guest stays.
Investment Memorandum available.
Location
State HI
County Hawaii Island (big Island)
Community Maunakai Circle Subdivision
Area Hi
Zoning RS-15
Region South Hilo
City Region South Hilo
Exterior
Parking Features Attached, Covered, Electric Vehicle Charging Station(s)
Utilities Available Electricity Available
View Y/N Yes
View Mountain(s), Ocean Horizon, Sunrise
Topography Fairly Level
Garage No
Private Pool No
Building
Lot Description Cul-De-Sac, Grassy
Sewer Septic Tank
Others
Ownership Full
Monthly Total Fees $25
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fee Simple, Standard
Virtual Tour https://my.matterport.com/show/?m=c6p7fpBKSa6&brand=0
NEARBY SCHOOL & BUSINESS
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