19-3834 Old Volcano Rd
$998,000
Price:
$998,000
Bedrooms:
3
Bathrooms:
2
MLS:
(ACTIVE) 644017
Interior Area:
1,836 sqft
Price/sqft:
$544
Year Built:
1927
Lot Size:
2.71 acre(s)
Land Tenure:
Fee Simple
Property Type:
Single Family
On Market:
Nov 19, 2020
Updated:
May 10, 2021
Foreclosure:

Listing Remarks

Volcano Garden Arts, established in 2001, has become a cornerstone of Volcano Village. Volcano is a gateway community for Hawaii Volcanoes National Park, a World Heritage Site, with over a million visitors a year (pre-COVID). In addition to hosting tourists who visit the National Park, Volcano is home to park employees, local artists, retirees and professionals who work from home or in Hilo. All love the cool climate and sense of community found here.
Originally developed as a summer home for the William L. Hopper family of Honolulu between 1908 & 1927, all buildings have undergone extensive renovation. A Certified Kitchen was added to the main building, a former servants quarters expanded and updated as a Guest Cottage, 3 large greenhouses installed for Event Venues and an Artist Studio/Office was custom designed to replace an old garage.
In addition, a Special Use Permit was obtained to allow use of the Ag Zoned property for a restaurant, retail sales, rental cottages and special events such as weddings. This permit runs with the land and is transferable to the Buyer. With only half the 2.71 acres currently in use, there is potential for future expansion or diversification.
Potential Development Opportunities:
*Restore 3 bedroom/2 bath home for residential use
*Expand Restaurant hours and menu with intimate dining spaces throughout Art Gallery.
*Expand gift shop offerings.
*Expand and upgrade Event venues.
*Build a personal residence or artist retreat at back of property.
Buyer and agent should check with County on future possibilities. The property and business are being sold together with fixtures, furnishings, landscaping and yard sculptures. Of special value is name recognition, owner's reputation and goodwill generated in the local community and abroad through his website: www.volcanogardenarts.com.

Property Location

Public Reports

Other Details

Address: 19-3834 Old Volcano Rd , Olaa Summer Lots 96785
Lat/Long: 19.43601493 | -155.22444539
Taxkey: 3190030040000
Lot Number: 4
Property Type: Single Family
Bedrooms: 3
Total Baths: 2
Full Baths: 2
Living Area: 1,836 sqft
Land Area: 2.71 acre(s)
Oceanfront Parcel: N
Pool: N
Annual Tax: $2,442
Assessed Value: $261,200
Assessment Year: 2020
Zoning: A-1A
Assessed Land Value: $92,600
Assessed Improvements Value: $139,800
Annual Tax (Year): 2015
Garage Area: 0 sqft
Car Storage:
  • Detached
Appliances:
  • Convection Oven
  • Disposal
  • Dish Washer
  • Freezer
  • Microwave Hood
  • Microwave
  • Refrigerator
  • Range/Oven
  • Other
Design:
  • Single Wall
Features:
  • 9 Foot Ceilings
  • Built-in Book Shelves
  • BBQ/Cooking Pit
  • Vaulted Ceilings
  • Exterior Lighting
  • Greenhouse
  • High Traffic
  • Inventory
  • Landscaped
  • Meeting Room
  • Office
  • Public Restroom
  • Restaurant
  • Storage Area
  • Smoke/Heat Detector
  • Stained Glass
  • Skylight
Fencing:
  • Wire
Floor Covering:
  • Hardwood
Lot Description:
  • Dead End
  • Grassy
  • Inside
  • Other(remarks)
  • Wooded
Roads:
  • County
  • Paved
Security:
  • Key
  • Other(remarks)
Topography:
  • Gentle Slope
TV Availability:
  • Cable
Unit Description:
  • Multi-Dwelling
  • ,
  • Single Family Home
Washer/Dryer:
  • Dryer
  • Front Load
  • Washer
Sewage:
  • Cesspool
  • Septic
The View:
  • Forest
  • Garden