The ultimate oceanfront compound and/or development opportunity. Nani Paniau is located adjacent to the Mauna Lani Resort and within walking distance to the Fairmont Orchid Hotel and Mauna Lani Hotel. One of the last remaining privately owned and fully entitled ocean-front holdings on the Island of Hawaii, encompassing 7.45 acres of park-like residentially zoned property. Nani Paniau has almost, 1,000 feet of direct westerly facing ocean frontage. Ensuring privacy and tranquility, the gated property boasts 10 separate and legally subdivided parcels. The largest parcel, 1.79 acres, is improved with a 7,130 square foot, 7 bedroom, 7 bath, 2 half-bath residence, with large covered lanai, creating over 10,000 sf of seamless indoor-outdoor living, highlighted by a media room, wet bar/billiard room, exercise room and a free form oceanfront swimming pool. All infra-structure is in place to accommodate an additional 9 homes. Numerous stately coconut palms, mature Milo, Kou and beach Heliotrope trees grace the property. Nani Paniau includes valuable archaeological sites with natural and man-made anchialine ponds interspersed around the property. Nani Paniau is a true legacy property as it has been meticulously preserved and maintained. Rarely does a property of this magnitude ever come available in Hawaii. The ultimate in privacy and yet only minutes from the Mauna Lani and Mauna Kea Resort, numerous restaurants, shopping and recreational opportunities. Listing includes a total of 11 TMK’s: 3/6-9-1-7; 18; 19; 20; 21; 23; 24; 25; 26; 27; and 28. Concept site plans for various development scenarios are available upon request.
Listing courtesy of Hawaii Life Mauna Kea LLC.
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