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12-7005 Kamoamoa St
Pahoa, HI 96778
$249,500
Conventional
Property
Bedroom
1
Bathroom
2
Property Type
Conventional
Square ft
1008
Property Description
Looking for unique property in Hawaii, in a gorgeous costal community, all within a short distance to the ocean? Then this maybe it! This is one of four adjoining properties for sale all with permitted yurts.
Located in upper Seaview on a quiet street, this home consists of two PERMITTED yurts equaling approx. 1008 sqft, connected with an 808 sqft of covered walkway. More than just a "yurt property", the renovations to this property include building a “house” around the yurts. The renovations include a 90 ft by 30 ft pavilion roof, a carport, 2 covered lanais and plank wood siding around each yurt. Currently set up as a 1 bedroom, plus 1 kitchen/living room, however a second bedroom could easily be added. The 1 1/2 bathrooms are independent structures and not located inside the yurts.
The roomy bedroom has space for a large bed, desk, and a seating area. The second larger yurt has the kitchen and living areas. Here you will find a full-sized kitchen with island, plenty of room for a dining table, and a cozy living area. Off the back is a comfortable covered lanai. There is covered workshop area and space for a stackable washer/dryer. Since the improvements are permitted you have regular electric and high-speed internet available. Water is from catchment.
Landscaped with grass paths, tropical plants and fruit trees including Banana, Avocado and Mango.
This property is a few minutes away from Kehena Black Sand Beach where you can swim year-round and enjoy the breathtaking Hawaiian Pacific Ocean. The quaint town of Pahoa is 20 minutes away, where you can do all your shopping, banking & enjoy many restaurants.
Amazing opportunity to purchase a well price, special property in this ocean side community.

Seller has 4 adjoining “yurt” properties for sale.
MLS 706247 $249,500 (2 Yurts Kamoamoa).
MLS 706249 $109,500 (1 Yurt Kamoamoa ).
MLS 706254 and MLS 706255 to be sold together for $319,000. (3 Yurts w/3.5 bathrooms Pohakupele loop).
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2004
MLS Number
706247
Location
Address
12-7005 KAMOAMOA ST
City
PAHOA
State
HI
Zip Code
96778
County
HAWAII
Listing
Provider
Hilo Bay Realty, original listing
Name
Hilo Bay Realty
Phone
(808) 987-3215
Office Name
Hilo Bay Realty LLC
Office Phone
(808) 965-9903
Agent Name
Cathy Fedak

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.