27-870 Old Mamalahoa Highway, PEPEEKEO, Hawaii

$4,250,000

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1,781,168

Square feet

40.89

Acres

About 27-870 Old Mamalahoa Highway

Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow, empties into the ocean creating a gorgeous beach. This estate encompasses many of those waterfalls, incredible swimming ponds, and the private beach that was created. Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui (big water) gulch, waterfalls, and a river that flows to the ocean comprise this incredible offering. This property represents an outrageous unique lifestyle with many building sites along the coast with incredible ocean and Hilo coastal views. Located on the Scenic Onomea Bay drive just 10 - 15 minutes from Hilo town, the hospital, university, and all of the conveniences that it enjoys. HELCO has confirmed that electricity is available. Can you imagine being the steward of such an incredible resource on the Hamakua Coast? This is a rare and special property that embodies old Hawaii Nei. The ocean access is an estuary with spawning fish, the cliffs are home to ocean faring birds, the views are limitless. On this canvas have been planted acres of valuable hardwood trees; African and Honduras Mahogany trees many of which are large enough to be harvested and used onsite or to be sold, there is also Teak and Queensland Maple planted 20 years ago. The Hilo side of the property is fenced, it is fronted with an Arica Palm hedge and the northern side's boundary is the gulch on the other side of the waterfalls and river. There is a water well that was installed years ago and could be rejuvenated near the front of the parcel. The adjacent 40 acre parcel is also listed for sale: tmk # 3-2-7-11-1 for a total of 80 acres of oceanfront land. Truly this is one of the most special and historic land offerings on the Island of Hawaii. The possibilities are endless and this acreage calls for a steward of the land to care for and to cultivate this land to it's highest potential.

Features of 27-870 Old Mamalahoa Highway

MLS® # 708103
Price $4,250,000
Bathrooms 0.00
Square Footage 1,781,168
Acres 40.89
Type Land
Status Active

Community Information

Address 27-870 Old Mamalahoa Highway
Subdivision ONOMEA BAY
City PEPEEKEO
State Hawaii
Zip Code 96783

Amenities

View Ocean, Coastline, Ocean Horizon, Sunrise, Waterfall
Is Waterfront Yes
Has Pool No

Exterior

Lot Description Wooded

Additional Information

Date Listed February 20th, 2024
Days on Market 91
Zoning A-20A
Foreclosure No
Short Sale No

Listing Details

OfficeBig Island Homes & Land Co., Ltd.

Listing Map

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