Among all the Big Island real estate areas in Hawaii, the Island is very different because of the existence of the Lava Zones. Not all parts of the Island are considered a part of a Lava zone. In order to understand the zoning, you’ll need to know first that Big Island is split into 9 areas.
Lava Zones is based on the probability that lava may cover the area. These areas are based on the history of volcanic eruption and how the lava flow will affect your area. The Lava Hazard Zones have been identified based on historic data, information and estimates.
There are several dangers that can be associated on any given zone. Several dangers are the ground cracking, settling and tephra fallout. Still, many residents are not worried about volcanic eruptions anytime soon.
Puna area is situated at the windward side of the island. Puna is almost the size of Oahu and is about 320,000 acres big. Puna’s area covers Lava Zones 1, 2, and 3. The real estate here is quite affordable. For a piece of land, you may get one for about $60,000. For a single family home, it can cost you around $229,000. There are also high-end homes found here. These luxury homes for a single family can cost for about $2,800,000 and a vacant lot for almost $4 million.
There are also very attractive areas in the Hilo area. In Hilo, you’ll be able to find the largest town on the island. This is where you’ll find a town filled of full old Hawaiian charm and history. The Hamakua Coastline offers a wonderful view of the coast. The real estate located here offers premium prices to its buyers. Single-family home here values for about $220,000 to $4 million depending on the size and location.
Still, there are many affordable Big Island real estate. It’s not quite a surprise to find many mainland residents searching for a place to move to Hawaii. Retirees are also finding Hawaii a very attractive place to spend their retirement. The Island has become so appealing because of its laid-back lifestyle and old Hawaiian ambiance and charm.
If you are thinking of getting a property on the Island make sure that you check out all the nine districts. Each district has its own special unique feature. Still, with the amazing mountains, stunning beaches, beautiful ocean views and abundant tropical areas, Big Island real estate has something that would make everyone want to live here.
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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Gary Allalouf- RA
American Dream Realty
Honolulu, Hi 96825
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