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SOLD
MLS: 623171
 
Asking Price: $2,900,000 Fee Simple
Sold Price: $2,900,000
Sold Date: 07/21/2020
Type: Residential
District: South Hilo
Street: 28-3514 Hawaii Belt Rd
Neighborhood: Honomu
Beds: 13   Baths: 10 Full / 1 Half
Living Area: 7,258 SF
Land Area: 3.41 Acres
Parking: Detached,Other (remarks),Unassigned
Amenities: Ceilings-9'+,Built-in-Book Shelves,Ceiling-Cathedral,Sprinkler System-Exterior,Exterior Lighting,Inventory,Landscaped,Meeting Room,Office,Recreation Area,Recreation Room,Storage Area,Smoke/Heat Detector,Stained/Leaded Glass,Skylight,Bar-Wet
Days on Market: 1886
(The Price of the property was lowered by $200,000 on 12/11/2019)
Year Built: 1993
Easements: Cable,Drainage,Driveway,Ingress/Egress,Electric
Zoning: A-20A
Roads: County,Major Thoroughfare,Paved,Other (remarks),State
Property Taxes: $14,317
Assessed Value: $1,658,100
Assessed Ratio: 174.9%
Listing Courtesy: Elite Pacific Properties LLC - Waikoloa
Terms Acceptable: Cash,Conventional
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Oceanfront Estate in Honomu 12 Bedrooms/10.5 Baths on 3.4 Acres

A most rare 3.40-acre oceanfront residential estate sitting atop a 100-foot cliff is now offered for sale in the Honomu area of the Hamakua Coast on the Big Island of Hawaii. Even more rare is the over 7,200 sqft. of living space, 13 bedrooms and 10.5 bathrooms, huge oceanfront old-fashioned verandas for family, private or public gatherings and with other oceanfront lanais attached to many of the bedroom suites. Ten of the 12 bedrooms face the ocean. One of the bedrooms is currently being used as an office however it feels more like a library with wood shelving throughout; very special. Visions of the Great Gatsby era with lawn tennis, bird-watching, children playing, parties and croquet suit the style and feel of the home. Approximately 13 miles to Hilo; 30 to historic Waimea and two miles to Kolekole State Park and world renown Akaka Falls. Two oceanfront dining areas; one more formal for large gatherings or another as a smaller breakfast room off the huge kitchen. Conventional electricity, private well water with a reliable history, easy access off main highway. Architecturally speaking the property has resonating Plantation, Victorian and Old Hawaii era qualities. A distinctly cultivated palm lined driveway, secluded tropical landscaped grounds, seasonal whale and spinner dolphin watching nearly year-long, this property is ready for the market. Seller has worked 2 years towards preparing their home for sale: new look including flooring, paint, minimalized furniture, expanded maintenance to all parts of the property and a new nursery in order to present and sale as a large yet traditional single-family residence. Ocean views look to Pohakunanu Bay and locally known surfing sites called “Ladders” and “23 Flats”. 2016 appraisal is above the current list price. Currently operating as the Palms Cliff House B&B, Sellers will consider a sale of the business w/an acceptable offer for the real estate or, at an additional cost with a purchase of the real estate.


 
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