$1,895,000
$1M PRICE DROP

39-3298 Old Mamalahoa Hwy ‘O‘okala, HI 96774

Estimated payment $10,654/month

Total Views 8,217
5 Beds
4 Baths
3,654 Sq Ft
$519 Price per Sq Ft

Highlights

  • Ocean View
  • Wood Flooring
  • 3 Car Attached Garage
  • Waterfront

About This Home

This beautiful oceanfront home in O’okala on the Hamakua Coast, has just under 4,000 sqft of living area, with approx. 700sqft of ocean view lanais. Though updating could be done, this home is move in ready. With vaulted ceilings and an open concept living area, ocean views abound. The property gives you a sense of old Hawaii, looking out over the Pacific Ocean. Set far from the highway and without road noise, it is well buffered to allow you to enjoy the best of life in Hawaii.

Inside the home there are 5 rooms suitable for sleeping & guests. The primary suite has ocean views, with a large bathroom with a jetted tub and walk-in closet. Just off the primary is a 2nd bathroom, with 2nd bedroom adjacent. Next is a large office/den, which could also be used for guests. Upstairs: the 1st loft has 2 enclosed rooms set up with beds, bath, and large open space. A 2nd large loft offers even more flexible space. A 3-car garage is attached to the home.
The home is fully permitted; around 2020 past foundation issues were addressed, and interior floors redone. There is an additional carport/ag storage building of approx. 720 sqft, as well as a barn on the property.
OPTIONS:
The sellers are offering a sale of the home and surrounding 5 acres and would retain a 99-year lease for the remaining approx. 15+ acres of oceanfront land.

Or, the Owner will entertain potential offers to purchase the entire property with no long-term lease, that would enable the purchaser to move forward with the subdivision process for the tremendous oceanfront development opportunity. This property was recently rezoned to AG-5 (minimum 5-acre lot size), and surveyed at 20.027 acres, with potential to subdivide into 4 oceanfront 5 acre lots. The existing oceanfront home is serviced by both county water, and well. In addition, there are up to 6 more county water meters available.

See the property video tour and 3D virtual tour for more!
NO unscheduled visits to property.

Listing Agent

Kona Moran

Hilo Brokers Ltd Brokerage Phone: 8089361877 License #RB-22314 Listed on: 11/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,943

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Property fronts a private road
  • Property is zoned A-5A

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • 3,654 Sq Ft Home

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Well
  • Cesspool

Community Details

  • Kaiwiki Sugar Company Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3390010240000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,943

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8089361877
  • Co List Office Phone: 8089699400
  • Ownership: Full
  • MLS Status: A
  • Subdivision Name: KAIWIKI SUGAR COMPANY
  • Living Area: 3654.0
  • Property Attached Yn: No
  • Year Built: 1999
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 700
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Flooring: Carpet, Hardwood
  • Total Bathrooms: 4

Exterior Features

  • View: Mountain(s), Ocean
  • Waterfront: Yes
  • Roads: Graded, Private

Garage/Parking

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

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3390010240000

Tax Info

  • Tax Annual Amount: 3943.07

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/11/2025 07/11/25 Price Changed $1,895,000 -5.0% $519 / Sq Ft
05/22/2025 05/22/25 Price Changed $1,995,000 -32.4% $546 / Sq Ft
03/13/2025 03/13/25 Price Changed $2,950,000 -7.8% $807 / Sq Ft
11/04/2024 11/04/24 For Sale $3,200,000 -- $876 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 714967

Hawaii Information Service (MLS Hawaii)