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SOLD
MLS: 661977
 
Asking Price: $2,300,000 Fee Simple
Sold Price: $1,930,000
Sold Date: 03/08/2023
Type: Residential
District: South Hilo
Street: 28-1197 Old Mamalahoa Hwy
Beds: 5   Baths: 3 Full / 2 Half
Living Area: 3,537 SF
Land Area: 5.53 Acres
Parking: Covered,Attached
Amenities: Ceilings-9'+,Sprinkler System-Exterior,Exterior Lighting,Landscaped,Office,Storage Area,Smoke/Heat Detector
Days on Market: 1270
(The Price of the property was lowered by $500,000 on 10/27/2022)
Year Built: 2005
Zoning: RS-10
Roads: County,Paved
Land Recorded: Regular
Property Taxes: $11,832
Assessed Value: $1,483,700
Assessed Ratio: 155.02%
Listing Courtesy: COMPASS
Terms Acceptable: 1031 Exchange,Cash,Conventional,VA
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Expansive estate with ocean views on the Big Island’s Hamakua Coast!

Rare opportunity to own an expansive, sustainable estate with commanding ocean views, located on the Big Island’s famed Hamakua Coast.

Perched on a hill overlooking more than five acres of prime agricultural lands, this hand-crafted marvel features five full suites, each with a private bath and access to the expansive wrap-around patios on both levels.

The main home’s core enjoys sweeping Pacific vistas and generous ocean breezes year-round, thanks to six oversized slider doorways that provide a seamless transition between indoor and outdoor living.

On the main level, a chef’s kitchen with hardwood finishes overlooks the formal dining area, with additional bar-style seating to accommodate overflow guests. The master suite sits on the home’s north wing and features its own sitting area, office space and bath. Two guest suites occupy the south wing, all with easy access to the outdoors.

Upstairs you’ll find a spacious living room, along with two more guest suites. Each suite is separately themed, with influences ranging from Old Hawaii to East and South Asia.

A dedicated office/storage area sits adjacent to the home, along with a covered carport and a remodeled forty-foot container. Perfect as an additional office area or guest space, the container is being sold with the property.

Nearby you’ll find a massive warehouse with an impressive solar array, 20 foot-plus ceilings, and four giant motorized garage doors. Big enough to support the storage of large-scale farming/construction equipment or even a manufacturing/fabrication business, it features a solid foundation with a massive concrete slab and has been plumbed for future expansion.

The surrounding acreage includes prized tropical fruit trees like Durian, Mango, Jackfruit, Lychee, Longan, citrus, Breadfruit (Ulu), Coconut, avocado, and a large banana patch.

Located just 10-15 minutes from Hilo’s market and shopping districts. A must see!


 
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