$525,000
SOLD JUN 3, 2025

28-1385 Old Railroad Way Pepeekeo, HI 96783

5.03 Acres
$104,374 Price per Acre
219,107 Sq Ft Lot

Recently Sold

9% Below List Price

23 Days on Market

Highlights

  • Ocean View
  • Home fronts a stream
  • Lot Has A Rolling Slope
  • Wooded Lot
  • High Speed Internet
  • Grass Covered Lot

About This Lot

As of June 2025

A truly rare offering—this 5-acre parcel in the sought-after community of Pepeekeo Point Gardens is one of the few build-ready lots available. With a private well already installed, perimeter fencing in place, developed road infrastructure, and multiple cleared home site envelopes, this property is ready for your vision.

The land features gently rolling pasture with deep soil, ideally situated at a 200-foot elevation—perfect for cultivating tropical fruits and crops. From its elevated position, enjoy ocean vistas and the refreshing trade wind breezes famous along the Hamakua Coast.

Bordering the southern edge of the property is year-round Makea stream with easy, sloped access. A short walk along the stream leads to a unique and historic tunnel, once used as a flume during the plantation era, offering a rare glimpse into Hawai‘i’s agricultural past.

This neighborhood offers coastal ocean access less than half a mile away, ideal for scenic walks or bike rides, and Downtown Hilo is just 10 miles from your doorstep.

Last Agent to Sell the Property

Sunita Przewlocki

Salt Water Real Estate LLC Brokerage Phone: 8088953900 License #RB-23326 Listed on: 04/09/2025

Last Buyer's Agent

David Lippe

Savio Realty Ltd. - Puna Office License #RS-80851

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,515

Lot Details

  • Home fronts a stream
  • Property fronts a private road
  • Wire Fence
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Grass Covered Lot
  • Natural Drainage
  • Property is zoned A-20a

Property Views

  • Ocean
  • Mountain
  • Forest

Utilities

  • Private Water Source
  • Well
  • Sewer Not Available
  • Private Sewer
  • High Speed Internet
  • Internet Available
  • Phone Available

Community Details

  • Pepeekeo Point Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 3280080790000

Property Details

Property Type

Land

Est. Annual Taxes

$1,515

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Fencing: Wire
  • Road Frontage Type: Stream/Canal
  • ResoLotFeatures: Cleared, Grassy, Wooded
  • Road Frontage Type: Road/Street
  • Attribution Contact: 8088953900
  • Co List Office Phone: 8084912294
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PEPEEKEO POINT SUBDIVISION
  • Elevation: 200
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InternetAccess: Fiber-Optic, Satellite
  • HIS_Easement: Drainage
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Gentle Slope,Rolling Terrain
  • View: Forest, Mountain(s), Ocean, Ocean Horizon, Sunrise
  • Waterfront: No
  • Roads: Paved, Private

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-20a
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3280080790000

Tax Info

  • Tax Annual Amount: 1514.7
  • Tax Lot: 56

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
06/03/2025 06/03/25 Sold $525,000 -4.5% --
04/21/2025 04/21/25 Price Changed $550,000 -4.3% --
04/09/2025 04/09/25 For Sale $575,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 719929

Hawaii Information Service (MLS Hawaii)