720 Laukapu St, Hilo, HI 96720

Once you enter this one-of-a-kind 4,700 sf home, you will never want to leave! And you don’t have to…with a home-based business or work-from-home option. In fact, the owners' intention when renovating was to create a possible bed and breakfast, taking advantage of the home's close location to the Merrie Monarch festivities. Corner property with two street entrances, with four entrance doors plus the garage. A grand foyer with indirect lighting, spacious air-conditioned living room, expansive bar area, family/game room and large bedroom. Vinyl koa laminate flooring. *Latest insurance estimate of replacement value of the home is $2.2 million. *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, a perfect space for barbecues and outdoor gatherings. A lush lawn and garden form a serene outdoor environment enabled by a custom wood/vinyl fence along Leilani Street and a hedge fence along Laukapu Street. *Energy Efficiency: Benefit from reduced utility costs with a leased photovoltaic system that enhances the property's energy efficiency. *New cantilevered windows, new flooring, 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. *Location is 7 minutes from the airport and very close to shopping areas and beaches. *Click on paperclip for house layout.