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28-1187 OLD MAMALAHOA HIGHWAY, PEPEEKEO, HI 96783

Elegant 11.5 Acre Multifamily Estate with Views with Development Potential

Listing Provided by: Salt Water Real Estate LLC
MLS #: 715590
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo

Description

Experience the best of Hamakua Coast living on this extraordinary 11.5 acre estate, including TMK 3-2-8-7-84, along the scenic Old Mamalahoa Highway. These contiguous properties offer sweeping ocean views, stream frontage, rich soils, and meticulously maintained grounds with a producing longan orchard and an array of mature fruit trees. Just 10 minutes from Hilo, the gated estate combines privacy with convenient access to all town amenities.The property includes two beautifully updated homes, each with unique features, surrounded by lush landscaping and panoramic ocean vistas. The first home, a 3-bedroom, 3.5-bath residence, offers a split floor plan with an elegant primary suite, an open-plan great room, and a stunning lanai with triple-track doors for seamless indoor-outdoor living. Renovated with natural stone flooring, a custom kitchen with quartz countertops, high-end appliances, and new Hardie panel siding, this home also features a large rec room, luxurious bathroom fixtures, and a solar hot water heater. The detached 10+ car garage with its own facilities provides ample space for vehicles and farm equipment. A gazebo with a hot tub completes this home, with a dedicated heater for fresh water with each use.The second home, a renovated 3-bed, 3-bath, two-story residence, underwent a complete update in 2020 with new Hardie siding, a standing seam metal roof, high-end fixtures, updated bathrooms, refreshed lighting, and a fully remodeled kitchen. Equipped with municipal water, fast internet, underground power, and a grid-tied photovoltaic system, this home offers all the modern comforts within a tranquil setting.Located along the iconic 4-mile drive, famous for its lush landscapes, ocean views, botanical gardens, and access to Onomea Bay, this estate is ideal for walking, running, and cycling. Zoned RS-10 with subdivision potential and new ADU options, this estate invites further development. See MLS 715205 & 715103 for more info. and photos.

Property Details

Price: $4,256,000
Sold Price:
Address: 28-1187 OLD MAMALAHOA HIGHWAY, PEPEEKEO, HI 96783
Ownership: Full
Status: Active
Category: Residential Income
Type:

Total Bedrooms: 6
Total Bathrooms: 8
Full Baths: 7
Living Area: 6,253 Square Feet

Listed by: Salt Water Real Estate LLC
Year Built: 2004
Levels: One, Two

Features and Amenities

Interior Features: Enclosed Lanai, High Ceilings, Vaulted Ceilings
Exterior Features: Lightning
View: HIS Sunrise, Ocean, Ocean Horizon, Other, Pasture
Pool:
Pool Features:

Appliances: Dryer, Electric Cooktop, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Fireplace Features:
Flooring: Stone, Vinyl
Security: Security System, See Remarks, Smoke Detector(s)
Laundry:
Garage Spaces:
Carport Spaces: 2
Parking Features: Attached, Covered, Detached
Additional Structures: Gazebo
Home Warranty:

Community Information

Project Name:
Subdivision Name:
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 8
Flood Zone: X

Land Information

Lot Size: 501,376 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Cleared, Farm, Grassy, Landscaped, See Remarks
Frontage: a:1:{i:0;s:12:"Stream/Canal";}
Frontage Type: Stream/Canal
Roads: Paved
Roads Frontage Type: HIS Road/Street
Zoning: RS-10
Horse Amenities:

Additional Details

Assessed Tax Value: $2,536,400
Annual Tax: $23,715
Tax Year: 2024
Tax Lot: 5 & 6
Tax Block:

Utilities: Cable Available, Electricity Available, Natural Gas Available, Other, Phone Available, Underground Utilities
Cooling:
Heating:
Sewer: Cesspool
Water:
Solid Waste Disposal: Private Contractor

First Listed November 7, 2024, 3:16 pm
Last Updated November 9, 2024, 8:59 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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