Relax while taking in tree-top views over your tranquil koi pond. In a most desirable and prestigious neighborhood, this recently and extensively updated Reeds Island home offers: A new fully custom and highly sophisticated kitchen of Sapele wood with all new appliances, three updated bathrooms, stairs, windows, floors, and paint - all complete and move-in ready. This open-concept style home imbued w/an extravagant number of windows and glass slides allows for abundant natural light, tropical breezes, and unobstructed rainforest views. Sited on an 18,400 sqft. lot on the upper side of a terraced ravine, the home feels like a treehouse gazing down on a natural pond w/water lily, koi, wild ferns, and accessible via a private cut- stone stairway. Amenities include a photovoltaic system w/back up batteries for extended power needs and reduced utility costs. There is also a solar hot water system, an ADA electric wheelchair lift, and a private exterior area wired for a future spa tub. Most importantly, the 2019 installation of a 5-bedroom septic system meets the wastewater requirements for a 2-bedroom future expansion within the property. The yard and parking pad are fully enclosed w/5-ft. fencing and an automatic gate keeping inhabitants safe. The property deed also has the rare benefit and use of approx. 18,060 sqft. of contiguous additional land via a lease w/the State of Hawaii good till 2060. The lease is transferable upon recordation and adds a valuable component. It also allows for a more direct and private route to the home as an alternative to the picturesque and narrow Kaiulani St. The ability to walk less than a mile to historic Hilo town, neighborhood schools, weekly farmers' markets, the ocean, dining, and cultural activities is a huge plus. The surrounding permaculture food forest produces abundant and creamy avocados, Meyer lemons, mandarins, taro, bananas, Surinam cherries, breadfruit, lime, guava, Jasmine, gardenias, and hibiscus, add incomparable value!