NOT LISTED FOR SALE

2818 Kamookoa Rd Unit 1 Kilauea, HI 96754

Estimated Value: $5,043,000 - $12,430,841

6 Beds
4.5 Baths
4,589 Sq Ft
$1,904/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $22,500,000 $4,903 Per Sq Ft

Current estimated payment $56,997/month

125 Days on Market

Highlights

  • Barn
  • River View
  • Wood Flooring
  • Waterfall on Lot
  • Wooded Lot
  • Double Oven

About This Home

As of April 2022

Wai Kala Ranch is a large acreage opportunity on the North Shore of Kauai. This offering is comprised of three adjacent properties that together form more than 237 acres of breathtaking land and flowing water. Wai Kala Ranch is located at the foot of Mount Namahana providing spectacular mountain views from across this property. The collective features several streams, waterfalls, swimming holes, two recently remodeled dwellings, numerous equestrian-related structures, and numerous additional development possibilities.

- Unit 1 of Silver Falls Estates: This property is 137.69 acres and is improved with a 4 bedroom / 3.5 bathroom, 3,509 sqft residence, as well as a 2 bedroom / 1 bathroom, 1,080 sqft residence, both of which underwent extensive remodels completed in 2019. Unit 1 is also home to numerous ag and equestrian related stuctures including multiple horse stable areas, offices and a covered riding arena.

- Unit 2 of Silver Falls Estates: This property is 92.18 acres of undeveloped, beautiful Kauai land that is cut with riding trails and a mix of cleared and forested areas. The zoning allows for development of a single family residence. This unit also has its own separate access by way of a private road and beautiful custom bridge.

- Unit 1 of Pali Vista: This property is the smallest individual unit at 7.92 acres and can also be improved with a dwelling. It currently serves as grazing and tending area for the horses.

From Wai Kala Ranch, the dining and shopping amenities of quaint Kilauea town are a short drive to the east and world class golf and water sports can be found in the nearby towns of Princeville and Hanalei. Many world class beaches and hikes are only a short drive away.

Last Agent to Sell the Property

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 10/26/2021

Last Buyer's Agent

Roni Marley

Hawaii Life License #RB-20836

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,377

Year Built

  • Built in 1997

Lot Details

  • Home fronts a stream
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Grass Covered Lot

Parking

  • 3 Car Attached Garage
  • 1 Carport Space
  • Unassigned Parking

Property Views

  • River
  • Pasture
  • Mountain

Interior Spaces

  • 4,589 Sq Ft Home
  • Wood Burning Fireplace

Kitchen

  • Double Oven
  • Range with Range Hood
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Waterfall on Lot
  • Barn
  • Riding Trail

Community Details

  • Silver Falls Estates Community
  • Kalihiwai Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4520220250001

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,377

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: Stream/Canal
  • ResoLotFeatures: Cleared, Grassy, Landscaped, Wooded
  • Attribution Contact: 8086511777
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KALIHIWAI RIDGE
  • Carport Spaces: 1.0
  • Living Area: 4589.0
  • Property Attached Yn: No
  • Year Built: 1997
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 4

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: HIS Waterfall, Mountain(s), Pasture, River
  • Waterfront: No
  • Other Structures: Barn
  • Roads: Paved

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Covered, Unassigned

Utilities

  • Cooling: Cash
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: SILVER FALLS ESTATES

Lot Info

  • Zoning: A
  • Horse Amenities: Riding Trail
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4520220250001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 69377.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Apr 20, 2022
Sold by
Wai Kala Llc
Bought by
Skywalkerfarms 3 Llc
Seller's Agent
Neal Norman
Hawaii Life
Buyer's Agent
Roni Marley
Hawaii Life
List Price
$23,500,000
Sold Price
$22,500,000
Premium/Discount to List
-$1,000,000
-4.26%
Current Estimated Value
$8,736,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,763,079
Avg. Annual Appreciation
-27.23%

Purchase Details

Closed on
Mar 23, 2016
Sold by
Rachner Ulrich H
Bought by
Wai Kala Llc

Purchase Details

Closed on
Jun 23, 2004
Sold by
Rachner Ulrich H
Bought by
Rachner Ulrich H and Ulrich H Rachner Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Skywalkerfarms 3 Llc $17,266,177 Old Republic Title
Skywalkerfarms 3 Llc $17,266,177 Old Republic Title
Wai Kala Llc $8,800,000 Or
Rachner Ulrich H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Off Market $22,500,000 -- --
04/25/2022 04/25/22 Sold $22,500,000 -4.3% $4,903 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
10/26/2021 10/26/21 For Sale $23,500,000 -- $5,121 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $99,915 $12,698,400 $10,395,200 $2,303,200
2024 $99,915 $12,281,900 $9,848,100 $2,433,800
2023 $79,427 $10,871,600 $8,753,900 $2,117,700
2022 $45,929 $6,740,300 $0 $0
2021 $37,379 $5,473,600 $0 $0
2020 $29,151 $4,254,600 $2,674,700 $1,579,900
2019 $28,719 $4,288,800 $2,674,700 $1,614,100
2018 $29,619 $4,429,900 $2,674,700 $1,755,200
2017 $29,619 $4,324,000 $2,674,700 $1,649,300
2016 $23,652 $4,598,000 $2,674,700 $1,923,300
2015 $11,401 $4,629,600 $0 $0
2014 $19,548 $4,629,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 654188

Hawaii Information Service (MLS Hawaii)

APN: 4-5-2-022-025-0001