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MLS: 658607 (Active - For Sale)
 
Asking Price: $9,950,000 Fee Simple
Type: Residential
District: North Hilo
Street: 32-1056 Old Mamalahoa Hwy
Neighborhood: Waikaumalo - Maulua Homesteads
Beds: 5   Baths: 4 Full / 3 Half
Living Area: 7,422 SF
Land Area: 9.44 Acres
Pool: Yes
Parking: Covered,Attached
Days on Market: 137
Year Built: 2011
Zoning: A-20A
Roads: Private,Paved,State
Land Recorded: Regular
Property Taxes: $71,007
Assessed Value: $7,522,700
Assessed Ratio: 132.27%
Listing Courtesy: Hawaii Life
Terms Acceptable: 1031 Exchange,Cash,Conventional
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All Homes For Sale in Waikaumalo - Maulua Homesteads

Water Falling Estates

Highly successful short-term (HOSTED) vacation rental property. This magnificent oceanfront estate incorporates all of the natural beauty and amenities found at luxury resorts around the globe. Situated on more than nine acres in Ninole on Hawaii's Big Island, this stunningly beautiful northeast coast, Water Falling Estate sits on a promontory overlooking the Pacific Ocean.

Its moniker is a nod to the two natural twin waterfalls that cascade into the ocean. Privately gated, this solidly built home is a four-story superstructure designed with a large open floor plan. Quality and elegance is evident in every detail. The many highlights include a rooftop deck and a central Daytona 52-inch round pneumatic air compression elevator providing easy access to all levels. Amenities include a parking structure topped with a lighted tennis/basketball court with stadium-style seating for 450 spectators, golf practice area, 9-tee's of golf and a aquatic center. The center features a 25-meter Olympic swimming pool with three lanes and starting blocks, a 16-foot deep diving pool with elevated 7-meter platform and a 3-meter Duraflex Olympic springboard, spa, a 25-meter children’s pool, changing room with shower plus a wet bar, exterior grill and dining area.

Water Falling Estate is a unique, one-of-a-kind gem on the Big Island of Hawaii. This property sale includes two TMK's 3-3-2-3-41; 3-3-2-3-23. Sold Furnished.


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3 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
17480904/20/200605/24/2006$1,495,000$1,295,000
27582107/30/201401/08/2016$8,200,000$6,800,000
26450107/03/201304/30/2014$26,500,000$5,750,000

2 Comparable Homes Sold in Waikaumalo - Maulua Homesteads (Last 12 months)
Description List Date Sold Date List Price Sold Price
4 Bed 2.02 Bath12/09/202101/11/2022$989,000$989,000
4 Bed 3 Bath09/10/202111/01/2021$1,525,000$1,475,000
Average Price:  $1,232,000

 
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Copyright: 2014 by Hawaii Information Systems.
 
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