2 months on rocket

27-870 Old Mamalahoa Hwy, Pepeekeo, HI, 96783

$4,250,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
ViewOcean, Other, Waterfall
MLS #708103
StatusActive

About 27-870 Old Mamalahoa Hwy

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.

Property Details

Property Features

Listing Office:

  • Office Name: Big Island Homes & Land Co., Ltd.

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean, Other, Waterfall

Lot Features

Lot Information:

  • Lot: Gentle Sloping

School Info

Assigned Schools Information:

  • Hilo High School, Public District Grades 9-12
  • Prince Jonah Kalanianaole Elementary & Intermediate School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,250,000
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Housing Market Comparison

See how this home compares to others in Papaikou-Wailea, HI.

Med. List Price

$649K

Med. Price/SqFt

$420

Avg. Days On Market

764

27-870 Old Mamalahoa Hwy vs Papaikou-Wailea

61 DAYS ON ROCKET

-703 Days

$4,250,000

+$3.6M More

KEY TAKEAWAY

This property is $3.6M more than the Median List Price in Papaikou-Wailea, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #708103

Listing Office:

  • Office Name: Big Island Homes & Land Co., Ltd.

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$21.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4073146
2
/10
  • Prince Jonah Kalanianaole Elementary & Intermediate School

  • 27-330 Old Mamalahoa Hwy

  • 0.42 miles

  • Public District Grades PK-8

High School

school-card-donut-4073147
3
/10
  • Hilo High School

  • 556 Waianuenue Ave

  • 4.32 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,417. Typical income of Papaikou-Wailea, HI residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 27-870 Old Mamalahoa Hwy

What is the listing price of this property?

The listing price of 27-870 Old Mamalahoa Hwy property is $4,250,000.

What type of property is this?

The property 27-870 Old Mamalahoa Hwy is land located in Pepeekeo, Hawaii, 96783.

Is this property for sale now?

Active Listing: 27-870 Old Mamalahoa Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 27-870 Old Mamalahoa Hwy are:
Prince Jonah Kalanianaole Elementary & Intermediate School: GreatSchools Rating 2/10
Hilo High School: GreatSchools Rating 3/10
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Rocket HomesHawaiiHawaii CountyPapaikou-Wailea9678327-870 Old Mamalahoa Hwy

This home is located at 27-870 Old Mamalahoa Hwy in Pepeekeo, HI and zip code 96783. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $4,250,000.

In March 2024 median list price was $649,000 and the average listing age was 764 days.

From Rocket Homes Real Estate and based on county public records data.

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