27-870 Lot 3 Old Mamalahoa Highway

Papaikou, HI 96781

$4,250,000
Price
1,781,168 / 40.89
Lot Size / Acres

Description

Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow, empties into the ocean creating a gorgeous beach. This estate encompasses many of those waterfalls, incredible swimming ponds, and the private beach that was created. Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui gulch, waterfalls, and a river that flows into the ocean comprise this incredible offering. This property represents an outrageous, unique lifestyle...Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow, empties into the ocean creating a gorgeous beach. This estate encompasses many of those waterfalls, incredible swimming ponds, and the private beach that was created. Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui gulch, waterfalls, and a river that flows into the ocean comprise this incredible offering. This property represents an outrageous, unique lifestyle with many building sites along the coast with incredible ocean and Hilo coastal views. Located on the Scenic Onomea Bay drive just 10 - 15 minutes from Hilo town, the hospital, university, and all of the conveniences that it enjoys. Can you imagine being the steward of such an incredible resource on the Hamakua Coast? This is a rare and special property that embodies old Hawaii Nei. The ocean access is an estuary with spawning fish, the cliffs are home to ocean faring birds, the views are limitless. On this canvas have been planted acres of valuable hardwood trees; African and Honduras Mahogany trees many of which are large enough to be harvested and used onsite or to be sold, there is also Teak and Queensland Maple planted 20 years ago. The Hilo side of the property is fenced, it is fronted with an Arica Palm hedge and the northern side's boundary is the gulch on the other side of the waterfalls and river. There is a water well that was installed years ago and could be rejuvenated near the front of the parcel. The adjacent 40 acre parcel is also listed for sale: tmk # 3-2-7-11-1 for a total of 80 acres of oceanfront land. Truly this is one of the most special and historic land offerings on the Island of Hawaii. The possibilities are endless and this acreage calls for a steward of the land to care for and to cultivate this land to it's highest potential.
  1. Listed by Jared Gates • License #RB-22936 • Big Island Homes & Land Co., Ltd.

Property Details for 27-870 Lot 3 Old Mamalahoa Highway

Subdivision
ONOMEA BAY
Zoning
A-20A
View
Ocean, Coastline, Ocean Horizon, Sunrise, Waterfall
Land Tenure
Fee Simple

Location

Listing Courtesy of Big Island Homes & Land Co., Ltd., Jared Gates, License #RB-22936
Add your commute
LISTING UPDATED: 03/03/2024 08:49 AM

Property Details for 27-870 Lot 3 Old Mamalahoa Highway

StatusActive
MLS #708103
Days on Market58
Taxes$200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant
Year Built-
Lot Size40.89 AC
CountyHawaii County

Location

Listing Courtesy of Big Island Homes & Land Co., Ltd., Jared Gates, License #RB-22936
Add your commute

Building Information for 27-870 Lot 3 Old Mamalahoa Highway

Lot Size40.89 AC

Payment Calculator

$23,211 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,194

Property Taxes

$17

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 27-870 Lot 3 Old Mamalahoa Highway

Summary
Location and General Information
  • Topography: Gentle Slope
  • Latitude: 19.81908102
  • Location: 27-870 OLD MAMALAHOA HIGHWAY
  • Longitude: -155.0907553
  • Oceanfront Parcel: Y
  • Street: OLD MAMALAHOA HIGHWAY
  • Street Address Full: 27-870 OLD MAMALAHOA HIGHWAY PEPEEKEO HI 96783
  • Street Number: 27-870
  • City: PEPEEKEO
  • District: South Hilo
  • Zip Code: 96783
Taxes and HOA Information
  • Exempt Amount: $2,146,600
  • Tax Year: 2023
  • Taxes (Annual): $200.00
  • Taxkey: 3-2-7-10-27
  • Taxkey9: 327010027
Parking
  • Garage Area (Total): 0.0
  • Carport Area (Total): 0.0
  • Carport Spaces (Total): 0.0
Virtual Tour
  • Tours: 0
Property
Lot Information
  • Roads: Paved, County
  • Structures: No
  • Roofed Areas (Total): 0.0
  • Agriculture Dedicated: No
  • Year Built Maximum: 0
  • Year Built Minimum: 0
  • Exterior Area (Total): 0.0
  • Interior Area (Total): 0.0
  • Land Area: 1781168.0
  • Lot Description - Land: Wooded
  • Lot Number: 3
  • Other Square Footage (Total): 0.0
  • Frontage: Sandy Beach, Almost Oceanfront, Stream/Canal
  • Flood Zone: X
  • Lava Zone: 8
Property and Assessments
  • Disclosure Form: Yes
  • Assessed Value: $2,146,600
  • Assessment Year: 2023
  • Property Type: Land
  • Photos: 27
Utilities
  • Power: None
  • Wastewater: None
  • Water: Wells
  • Solid Waste Disposal (Trash): None
Interior and Exterior Features
Exterior Features
  • Pool: N
Interior Features
  • Telephone Availability: Cell
  • Stories Number Maximum: 0
  • Stories Number Minimum: 0
  • Baths 1/2 (Total): 0
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 0
  • Bedrooms (Total): 0
Multi Family
Multi-Family Information
  • # of Units (Total): 0
Agent
Sale and Listing
  • Ownership: Full
  • Media Changed: 03-02-2024
  • Terms Acceptable: 1031 Exchange, Cash
  • Listor Name: Jared C Gates
  • Days on Market: 14
  • First Photo Sequence: 20
  • Subtype of Listing: Vacant
  • Remarks - Public: Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow, empties into the ocean creating a gorgeous beach. This estate encompasses many of those waterfalls, incredible swimming ponds, and the private beach that was created. <br><br>Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui gulch, waterfalls, and a river that flows into the ocean comprise this incredible offering. This property represents an outrageous, unique lifestyle with many building sites along the coast with incredible ocean and Hilo coastal views. Located on the Scenic Onomea Bay drive just 10 - 15 minutes from Hilo town, the hospital, university, and all of the conveniences that it enjoys. <br><br>Can you imagine being the steward of such an incredible resource on the Hamakua Coast? This is a rare and special property that embodies old Hawaii Nei. The ocean access is an estuary with spawning fish, the cliffs are home to ocean faring birds, the views are limitless. <br>On this canvas have been planted acres of valuable hardwood trees; African and Honduras Mahogany trees many of which are large enough to be harvested and used onsite or to be sold, there is also Teak and Queensland Maple planted 20 years ago. <br><br>The Hilo side of the property is fenced, it is fronted with an Arica Palm hedge and the northern side's boundary is the gulch on the other side of the waterfalls and river. There is a water well that was installed years ago and could be rejuvenated near the front of the parcel. <br>The adjacent 40 acre parcel is also listed for sale: tmk # 3-2-7-11-1 for a total of 80 acres of oceanfront land. <br><br>Truly this is one of the most special and historic land offerings on the Island of Hawaii. <br>The possibilities are endless and this acreage calls for a steward of the land to care for and to cultivate this land to it's highest potential.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 327
Showing and Remarks
  • Showing Instructions: Same Day Notice, Call Listor, Mechanical Lock Box, Buyer Agent Must Be Present

Property History for 27-870 Lot 3 Old Mamalahoa Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 27-870 Lot 3 Old Mamalahoa Highway

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 12
Charter - PK to 11
Rating
School
Distance
Hilo High School
Public9 to 12

Ka Umeke Kaeo - Public Charter School
CharterPK to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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27-870 Lot 3 Old Mamalahoa Highway is a 40.89 ac of land for sale in Papaikou, HI 96781. This property was listed for sale on February 29, 2024 by Big Island Homes & Land Co., Ltd., it's currently listed at $4,250,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Prince Jonah Kalanianaole Elementary & Intermediate School, Hilo High School and Connections - New Century Public Charter School. 27-870 Lot 3 Old Mamalahoa Highway is a 0-bed, 0-bath, 40.89 ac of land on a 1,781,168 sq. ft. / 40.89 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Big Island Homes & Land Co., Ltd., Jared Gates, License #RB-22936