720 Laukapu St

MLS® 713198 (Hawaii Real Estate) is located at 720 Laukapu St HILO HI 96720 in WAIAKEA HOUSE LOTS 1ST SERIES . The current listing status is Active. This 4 bed and 3 bath Home was built in 1995 and features 4712 finished sq.ft with a lot size of 0.52 acres. This property has a reported annual taxes of $3,021. This property is currently listed for an *asking* price of $1,275,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Once you enter this one-of-a-kind 4,700 sf home, you will never want to leave! **Two distinct living areas, each with its own entrance. Perfect for multi-generational living or rental. Spacious air-conditioned living room, an expansive bar area, family/game room and large bedroom. The main entrance leads to a grand foyer with indirect lighting that highlights the home's architectural details. Vinyl koa laminate flooring, loads of cabinets and closets. **A large island with granite countertop and a huge four-door Whirlpool refrigerator are the focal points of the kitchen. Counter space with cabinets and drawers take up half the kitchen. A sizable pantry in the adjoining room provides access to the lanai. **Upstairs Accommodations: The upper floor includes two bedrooms with a bath and the Master bedroom with two large walk-in closets and bath. Cosmetic renovations needed. **Outdoor Amenities: An 8' lanai wraps around the front of the two-story section, offering a perfect space for barbecues and outdoor gatherings. The property is enclosed with a custom wood/vinyl fence along Leilani Street and a hedge fence along Laukapu Street, featuring a lush lawn and garden for a serene outdoor environment. **Energy Efficiency: Benefit from reduced utility costs with a leased photovoltaic system that enhances the property's energy efficiency. Renovations include new cantilevered windows, new flooring, and new paint. Also included are two other refrigerators, two wall-mounted 50" televisions and one 80" TV and newer washer/dryer. Brand new windows for the upstairs units are part of the sale. **Subdivision Potential: Zoned RS-10, the 22,500sf lot can be subdivided into a 10,000 sq ft flag lot, offering future development possibilities. **A rare and valuable find, the location is 7 minutes from the airport and very close to shopping areas and beaches. ***Click on paperclip for house layout.