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92-8695 JACARANDA DR, OCEAN VIEW, HI 96737

Spectacular Ocean Views, Multi-Family Potential & Endless Possibilities

Listing Provided by: Hawaii Estates LLC
MLS #: 728572
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Description

Spectacular Ocean Views, Multi-Family Potential & Endless Possibilities This exceptional property with over 3,000 sq. ft. of finished living space, offers a rare opportunity to create a luxury estate, multi-family compound, or investment retreat on the Big Island. Highlights: Upstairs great room with dramatic ceiling heights, abundant natural light and panoramic 180° ocean and sunset views Chef’s kitchen: stainless steel wall oven/microwave combo, separate gas range, dishwasher, refrigerator, and abundant counter space Two distinct upstairs wings:   First wing: 3 bedrooms, 2 bathrooms   Second wing: kitchenette, office, bedroom, bathroom, living area, sunroom, private lanai, and elevator/lift – easily converted into separate living quarters Full-length lanai upstairs and private lanai downstairs with the beginnings of an outdoor kitchen Downstairs amenities: garage converted into pickleball court, additional garage for storage, unfinished basement with bathroom, and open carport Over 6000 sf of total space upstairs, downstairs and lanais. Outdoor living and gardens: greenhouse area, above-ground pool (irrigation or pool conversion), outdoor brick oven and BBQ, hidden seating areas, and mature landscaping Fruit orchard: mango, citrus, papaya, macadamia nuts, and more. Extended driveway to back of property with additional catchment tank, graded area, and irrigation lines in place This property offers unmatched flexibility for multi-family living, extended family, or rental income. Some ceilings and interior details remain unfinished, allowing the new owner to customize and transform this remarkable property into a true island dream estate. Designed with flexibility and entertaining in mind, the home is ready for a buyer with vision to complete its full potential. Minutes to hardware, groceries, gas, and restaurants. Close to Naalehu, the famous Punalu’u Bakery & Black Sand Beach.

Property Details

Price: $675,000
Sold Price:
Address: 92-8695 JACARANDA DR, OCEAN VIEW, HI 96737
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 4
Total Bathrooms: 4
Full Baths: 4
Living Area: 3,030 Square Feet

Listed by: Hawaii Estates LLC
Year Built: 2002
Levels:

Features and Amenities

Interior Features: Built-in Features, Cathedral Ceiling(s), Elevator, High Ceilings, Vaulted Ceiling(s), Wet Bar
Exterior Features:
View: Coastline, Mountain(s), Ocean, Ocean Horizon, Sunset
Pool:
Pool Features:

Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Washer/Dryer Stacked
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Attached
Additional Structures: Greenhouse
Home Warranty:

Community Information

Project Name:
Subdivision Name: HOVR
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 2
Flood Zone: X

Land Information

Lot Size: 140,699 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Cleared, Dead End, Rocky
Frontage Type:
Roads: Paved, Private
Roads Frontage Type:
Zoning: A-3A
Horse Amenities:

Additional Details

Assessed Tax Value: $378,600
Annual Tax: $1,178
Tax Year: 2025
Tax Lot: 1
Tax Block:

Utilities: Electricity Available, Phone Available
Cooling: None
Heating: None
Sewer: Cesspool
Water: Catchment
Solid Waste Disposal: None

First Listed March 11, 2026, 6:47 am
Last Updated March 11, 2026, 7:10 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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