
47-5254 W Waikoekoe Ln Honokaa, HI 96727
Highlights
- Ocean View
- Greenhouse
- Wooded Lot
- Barn
- Gated Community
- Wood Flooring
About This Home
As of August 2017Rainbow 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
COMPASS Brokerage Phone: 8088951156 License #RB-19834 Listed on: 12/05/2016

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
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Honokaa, HI
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,200,000 | Tg | |
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $220,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $800,000 | Seller Take Back | |
Previous Owner | $165,000 | Balloon | |
Closed | $0 | Seller Take Back |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
N
Seller's Agent in 2025
Nathalie Mullinix
Nathalie Mullinix R. U., Inc.
-
R
Seller's Agent in 2017
Rebecca Keliihoomalu
COMPASS
-
E
Buyer's Agent in 2017
Erika Stuart
Hawaii Life
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 601600

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