$1,200,000
SOLD AUG 25, 2017

47-5254 W Waikoekoe Ln Honokaa, HI 96727

2 Beds
2 Baths
2,192 Sq Ft
28 Acres

Recently Sold

$547 Per Sq Ft

8% Below List Price

232 Days on Market

Highlights

  • Ocean View
  • Greenhouse
  • Wooded Lot
  • Barn
  • Gated Community
  • Wood Flooring

About This Home

As of August 2017

Rainbow Ranch is a fully custom built home on 27.5 ac. of rich pasture land adorned by native, old-growth Ohia trees. Only 10 min. to historic Waimea driving on a lovely Eucalyptus shaded county paved road, Rainbow Ranch is located in the community of West Waikoekoe formerly part of Parker Ranch holdings. Complete w/every modern convenience the home has hardwood flooring, Koa cabinetry, stainless steel appliances and a most beautiful and spacious Master Bedroom w/fireplace and large master bath. Dramatic views of Waipio Valley and Mauna Kea along w/ocean views and the Island of Maui. The ranch is completely set up for raising cattle, horses, sheep and farming as this is zoned for agriculture. Completely fenced w/pastures and shelters for horses, a 60' round pen; there are also excellent riding trails. The 2,520 barn has 6 stalls and turnouts, bunk room/studio apartment and bath, tack and feed rooms, and indoor wash rack. The photo voltaic system is state of the art, recently upgraded w/approx. $30K in new Sony batteries with the latest technology in photo-optic solar batteries. This system runs clean and efficiently w/a 20-year life expectancy and 15-year warranty; 24/7 clean power which never needs servicing and includes a 10 KW Diesel Generator. Water is county/private as well as a 10K gal. catchment tank w/advanced filtration system. The 8K gal. concrete lined pond w/waterfall is filled with koi and water lilies w/a gazebo for overlooking the abundant landscaping and fruit trees including pineapple, coffee, citrus, apple, banana, peach, Magnolia, Ohia, bamboo, Norfolk pines, plum and avocado. Enjoy the beaches and the resorts of the Gold Coast approx. 40 min. away while living a rural lifestyle w/all the amenities anyone could need. No light pollution for amazing night skies and colorful sunrises and seasonal sunsets. Waimea has two award-winning college preparatory schools, Kahilu Theatre and North Hawaii Community Hospital. Owner financing available

Last Agent to Sell the Property

Rebecca Keliihoomalu

COMPASS Brokerage Phone: 8088951156 License #RB-19834 Listed on: 12/05/2016

COMPASS

Last Buyer's Agent

Erika Stuart

Hawaii Life License #RS-73438

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 2001

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Stone Wall
  • Property is Fully Fenced
  • Wood Fence
  • Wire Fence
  • Landscaped
  • Interior Lot
  • Level Lot
  • Unpaved Streets
  • Cleared Lot
  • Wooded Lot
  • Grass Covered Lot
  • Property is zoned A-40A

Parking

  • Attached Garage

Property Views

  • Ocean
  • Canyon
  • Pasture
  • Mountain
  • Forest

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 2,192 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Greenhouse
  • Gazebo

Utilities

  • Underground Utilities
  • Cistern
  • Private Water Source
  • Cesspool
  • Internet Available
  • Phone Available

Additional Features

  • Barn
  • Riding Trail

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 3470070760000

Community Details

Overview

  • West Waikoekoe Community
  • Waikoekoe Lots Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,982

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoCommunityFeatures: See Remarks
  • Reso Fencing: Full, Stone, Wire, Wood
  • Road Frontage Type: HIS Pasture
  • ResoLotFeatures: Cleared, Cul-De-Sac, Dead End, Grassy, Interior Lot, Landscaped, See Remarks, Wooded
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Gated Community, See Remarks, Smoke Detector(s)
  • Attribution Contact: 8088951156
  • Co List Office Phone: 8088858885
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIKOEKOE LOTS
  • Reso Interior Features: High Ceilings, Overhead Door, See Remarks
  • Unit Levels: One
  • Living Area: 2192.0
  • Property Attached Yn: No
  • Year Built: 2001
  • Tax Year: 2012
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 3384
  • HIS_SolidWasteDisposal: None
  • HIS_InternetAccess: Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Stories: 1
  • Total Bathrooms: 2
  • Design: Double Wall, Loft Space, Wood Frame

Exterior Features

  • Topography: Fairly Level,Gentle Slope,Rolling Terrain
  • View: Canyon, Forest, HIS Sunrise, HIS Sunset, Mountain(s), Ocean Horizon, Other, Pasture
  • Waterfront: No
  • Exterior Features: See Remarks
  • Other Structures: Barn, Gazebo, Greenhouse
  • Roads: Graded, Other, Private, Unpaved

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Electricity Available, Natural Gas Available, Other, Phone Available, Underground Utilities, Water Available
  • Water Source: Cistern, Private, Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: West Waikoekoe

Lot Info

  • Zoning: A-40A
  • Horse Amenities: Riding Trail
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3470070760000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2982.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Aug 23, 2017
Sold by
Clayton Heidi Elizabeth and Brough Heidi
Bought by
Newman Rowland Jade Scott and Newman Rowland Karen Michele
Seller's Agent
Rebecca Keliihoomalu
COMPASS
Buyer's Agent
Erika Stuart
Hawaii Life
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$800,000
Outstanding Balance
$676,651
Interest Rate
4.03%
Mortgage Type
Seller Take Back
Estimated Equity
$1,663,108

Purchase Details

Closed on
Oct 21, 2009
Sold by
Titcomb Brough Jon and Titcomb Brough Jonathan
Bought by
Clayton Heidi Elizabeth and Brough Heidi

Purchase Details

Closed on
Mar 14, 2000
Sold by
Gallagher Herbert K
Bought by
Brough Jon and Brough Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.3%
Mortgage Type
Balloon
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 Tg
Interfamily Deed Transfer -- None Available
Warranty Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Seller Take Back
Previous Owner $165,000 Balloon
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $2,200,000 -12.0% $1,100 / Sq Ft
03/19/2025 03/19/25 For Sale $2,500,000 +108.3% $1,250 / Sq Ft
11/23/2017 11/23/17 Off Market $1,200,000 -- --
08/25/2017 08/25/17 Sold $1,200,000 -7.6% $547 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $1,299,000 -- $593 / 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 $4,024 $851,100 $56,300 $794,800
2024 $4,024 $826,300 $56,300 $770,000
2023 $5,806 $771,000 $54,200 $716,800
2022 $6,081 $770,400 $53,600 $716,800
2021 $5,159 $671,800 $39,500 $632,300
2020 $5,061 $661,300 $41,400 $619,900
2019 $5,050 $660,100 $42,300 $617,800
2018 $4,823 $635,800 $40,900 $594,900
2017 $4,423 $593,000 $12,000 $581,000
2016 $4,301 $585,000 $12,000 $573,000
2015 -- $493,800 $12,000 $481,800
2014 -- $498,000 $12,000 $486,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 601600

Hawaii Information Service (MLS Hawaii)

APN: 3-4-7-007-076-0000