27-599 ALAKAHI PL, PAPAIKOU, HI 96781

$2,065,000
3
BD
2
BA
4,116
SqFt
List Price
$2,065,000
Price Change
▲ $100,000 1623968452
Days on Market
149
MLS#
647469
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Bathrooms
2
Living Area
4,116
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 hosted vacation rental at $700-1400/night. 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 -bottom story has been built out with a "finished basement" area and wrap-around deck -garage converted into a large guest suite -large wrap-around bottom floor deck with yoga platform 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! Home has been rented very heavily over the past few years and has some deferred maintenance and is in need of repairs (paint, grout, new doors,etc). *Seller is offering as a $30k closing credit with sale*

Additional Information

Solid Waste Disposal Trash
Other (remarks)
Roads
Private, Paved
Features
Storage Area
Parking
None
Taxes Annual
$16238
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
Lot Size
93,349
Water
Catchment
Power
Other (remarks), Underground
Window Coverings
None
Frontage
Almost Oceanfront, Pasture
Year Built
2000
Heating Cooling
None
Sewer
Cesspool
Assessed Value
1736700
Floor Covering
Carpet
Washer Dryer
Dryer, Gas, Washer
District
South Hilo

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of eXp Realty.

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