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
MLS #: 715590
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
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Address: 28-1187 OLD MAMALAHOA HIGHWAY, PEPEEKEO, HI 96783
Ownership: Full
Status: Active
Category: Residential Income
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Address: 28-1187 OLD MAMALAHOA HIGHWAY, PEPEEKEO, HI 96783
Ownership: Full
Status: Active
Category: Residential Income
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Total Bedrooms: 6
Total Bathrooms: 8
Full Baths: 7
Living Area: 6,253 Square Feet
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Lot Size: 501,376 Square Feet
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Zoning: RS-10
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Additional Details
Assessed Tax Value: $2,536,400
Annual Tax: $23,715
Tax Year: 2024
Tax Lot: 5 & 6
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First Listed November 7, 2024, 3:16 pm
Last Updated November 9, 2024, 8:59 pm
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