27-599 ALAKAHI PL, PAPAIKOU, HI 96781

$1,945,000
6
BD
3
BA
3,529
SqFt
List Price
$1,945,000
Price Change
▼ $50,000 1588719831
Days on Market
124
MLS#
634114
Status
ACTIVE
Type
Single Family Residential
Bedrooms
6
Bathrooms
3
Living Area
3,529
Land Tenure
Fee Simple
Neighborhood
Onomea Bay

Property Description

This may be the most spectacular property on the Hamakua Coast, truly something you must see in person to appreciate. Located directly above the famous scenic lookout, this is the only property with a private carriage trail down into the Hawaiian Botanical Garden, with over 4 miles of trails through indigenous botany and direct access to Onomea Bay. This 2+ acre estate is located at the end of a quiet cul-de-sac, in a safe, private neighborhood, just 6 miles from Hilo. It has functioned as a highly profitable vacation rental at $700-1400/night, and as a venue for retreats and weddings. A perfect opportunity to host your own retreats, or to simply live the luxurious retreat lifestyle. Every part of this home screams custom, from the grand entry door, the hand carved Balinese mural wall, a true chef’s kitchen, specialty trim and tile work, Nana Wall retractable glass door and window systems, Brazilian ipe decking, corner windows, the list goes on and on. The original home, completed in 2000, has undergone 2 major renovations in 2014 and 2019, with extensive improvements and structures added. Some of these include: -a grand entry w/ porte cochere -addition including great room/master bedroom with in-suite bath and wrap-around deck -downstairs basement converted into two beautiful oceanview bedrooms -garage converted into a large guest suite making the “bedrooms” total 6 -large wrap-around bottom floor deck with yoga platform -detached bathhouse with 4 showers/2 bathrooms (convertible into an oceanview sauna) This property has over 7000 feet under roof! Which includes a two-door garage that you can convert back or keep as an ohana suite, a 910 sq. ft. workshop with plenty of built-ins and electric stub-outs (previously a carpenter’s workshop). The large covered patio off the kitchen features an expansive pergola overhead for year-round outdoor dining, a tiki bar, a large jacuzzi, custom fireplace, and an unbelievable view!!!

Additional Information

Roads
Private, Paved
Features
Storage Area
Parking
Other (remarks)
Taxes Annual
$5998
View
Bay, Coastline, Garden, Ocean, Ocean Horizon, Pasture, Sunrise
Garage
622
Appliances
Convection Oven, Disposal, Dishwasher, Freezer, Microwave, Refrigerator, Range Hood
Lot Number
22
Zoning
A-1A
Design
Double Wall
Lot Size
93,349
Lot Description Land
Cul de sac
Security
None
Water
Catchment
Power
Other (remarks), Underground
Window Coverings
None
Frontage
Almost Oceanfront, Pasture
Year Built
2000
Heating Cooling
None
Sewer
Cesspool
Assessed Value
292800
Topography
Fairly Level, Gentle Slope
Floor Covering
Hardwood, Marble
Washer Dryer
Dryer, Gas, Washer
District
South Hilo
Unit Description
Multi-Dwelling, Multi-Story, Single Family Home

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Elite Pacific Properties LLC.

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2020 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.