$3,750,000
$500K PRICE DROP

27-870 Old Mamalahoa Hwy Pepeekeo, HI 96783

Estimated payment $19,997/month

Total Views 7,467
40.88 Acres
$91,732 Price per Acre
1,780,733 Sq Ft Lot

Highlights

  • Beach Front
  • Waterfall on Lot
  • Home fronts a stream
  • Ocean View
  • Wooded Lot
  • Gentle Sloping Lot

About This Lot

Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow meets the Pacific Ocean in a gorgeous estuary. This estate encompasses two 60 - 80 foot waterfalls each with incredible swimming ponds.

Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui (big water) gulch, waterfalls, and a river that flows to the ocean comprise this 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. HELCO has confirmed that electricity is available.

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.

Listing Agent

Jared Gates

Big Island Homes & Land Co., Ltd. Brokerage Phone: 8087561319 License #RB-22936 Listed on: 02/29/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • Home fronts a stream
  • Beach Front
  • Property fronts a county road
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned A-20A

Property Views

  • Ocean
  • Coastline

Utilities

  • Well
  • Sewer Not Available
  • Phone Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3270100270000

Community Details

Overview

  • Onomea Bay Subdivision

Recreation

  • Waterfall on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach, Stream/Canal
  • ResoLotFeatures: Wooded
  • Attribution Contact: 8087561319
  • Co List Office Phone: 8089356874
  • Ownership: Full
  • MLS Status: A
  • Subdivision Name: ONOMEA BAY
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Gentle Slope
  • View: HIS Coastline, HIS Sunrise, HIS Waterfall, Ocean, Ocean Horizon
  • Waterfront: Yes
  • Roads: County, Paved

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-20A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3270100270000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 200.0
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2025 01/26/25 Price Changed $3,750,000 -5.1% --
07/02/2024 07/02/24 Price Changed $3,950,000 -7.1% --
05/15/2024 05/15/24 Off Market $4,250,000 -- --
05/13/2024 05/13/24 Off Market $4,250,000 -- --
05/09/2024 05/09/24 For Sale $4,250,000 0.0% --
04/28/2024 04/28/24 Off Market $4,250,000 -- --
04/07/2024 04/07/24 Off Market $4,250,000 -- --
03/03/2024 03/03/24 For Sale $4,250,000 0.0% --
02/29/2024 02/29/24 For Sale $4,250,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 708103

Hawaii Information Service (MLS Hawaii)