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MLS: 629698 (Active - For Sale)
 
Asking Price: $1,245,000 Fee Simple
Type: Residential
District: North Hilo
Street: 35-349 Kihalani Homestead Rd
Neighborhood: Kihalani Homesteads
Beds: 6   Baths: 6 Full / 1 Half
Living Area: 5,440 SF
Land Area: 11.03 Acres
Parking: Attached,Detached
Amenities: Horse Barn
Days on Market: 102
Year Built: 1996
Easements: Electric
Zoning: A-20A
Roads: County
Land Recorded: Regular
Property Taxes: $5,046
Assessed Value: $1,112,900
Assessed Ratio: 111.87%
Listing Courtesy: Elite Pacific Properties LLC
Terms Acceptable: 1031 Exchange,Cash,Conventional,FHA,USDA-Rural Dev,VA
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All Homes For Sale in Kihalani Homesteads

Glorious Equestrian Estate/2 homes/11ac. Laupahoehoe/one-of-a-kind

An amazing Equestrian Estate, located in the unique community of Laupahoehoe, on the inimitable pristine Hamakua Coast thirty minutes from Hilo and Honokaa.
The Outstanding feature of this Equine property is the approx. 9,000sf oval riding arena with French tile drain system, forever dry despite the occasional rainfall.
Eleven (11) plus acres of Lush emerald green pasture land framed by the magnificent uninterrupted Lapis blue Pacific ocean, in all directions. The 11ac pasture is fenced into multiple paddocks with double stall barns in each paddock. Adjacent to the main home is a 30\' circular training pen located next to the multi-stall barn and tack room. This barn could easily be enlarged to accommodate additional horses. At about a 1100\' elevation with forever gentle trade winds keep this property and its fortunate owners and equestrian guests are blessed with warm days and cool evenings.
In addition to this wonderful equestrian estate the 11 plus acres incorporates not one but two permitted homes. The main two story home, built in 1996, consists of 4095sf with three (3) bedrooms and four and one half (4.5) bathrooms. Two of the bedrooms are located on the main floor with the huge master bedroom and master bath on the second floor, facing the ocean views. The large front porch covered lanai is perfect for viewing the action in the arena with the Pacific as background.
The second home, built in 2007, is a three (3) bedroom and two (2) bathroom contemporary home of approx. 1345sf. Its location is separate and private and can not be seen from the main house. It is surrounded by fruit trees and bordered by a seasonal stream and is in very good condition. The main home is in need of some TLC and the price reflects a credit for upgrades of some deferred maintenance.
This remarkable offering is currently home to four horses, three dogs and the owner s and is ideal for a family of horse lovers.


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1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
13501304/07/200402/23/2005$935,000$860,000

 
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