Landmark Hotel Near Hawaii Volcanoes Up for Sale
- Sep 15, 2015
The nearly 80-year-old, 16-key hotel, located on Old Volcano Road in the town of Volcano, could be expanded to include 24 vacation rental units and 10 cottages. The property offers visitors easy access to nearby volcano explorations, hiking, bird watching, wine tasting, golfing, and much more. The hotel is also situated only 45 minutes from the town of Hilo, famed for its tropical lushness, quaint storefronts and cascading waterfalls.
The Kilauea Lodge and Restaurant was originally built in 1938 for use by the YMCA. In 1986, German born Albert Jeyte, an Emmy winning make-up artist, and his wife Lorna bought the property on their honeymoon for $400,000. Over the years, the family managed to transform the former Volcano Lodge restaurant at 19-3948 Old Volcano Road into an award-winning country inn.
Last year, Lorna and Albert first put the hotel on the market with an asking price of $5.9 million.
“It’s time for us to go on and let someone else bring some new innovations into it,” Albert, 75, told the Hawaii Tribune-Herald.