Single Family Residence In Hilo

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 as The Pineapple Getaway.

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 when you travel — offsetting your mortgage considerably.

Enjoy a 3D tour at [hidden information]

Please Do Not Disturb Guests, this is a very active vacation rental. Showings will be coordinated between guest stays.

Investment Memorandum available.