32-1056 OLD MAMALAHOA HWY, PAPAALOA, HI 96780

$9,950,000
5
BD
4
BA
7,422
SqFt
List Price
$9,950,000
Days on Market
139
MLS#
658607
Status
ACTIVE
Type
Single Family Residential
Bedrooms
5
Bathrooms
4
Living Area
7,422
Land Tenure
Fee Simple
Neighborhood
Waikaumalo - Maulua Homesteads

Property Description

Highly successful short-term (HOSTED) vacation rental property. This magnificent oceanfront estate incorporates all of the natural beauty and amenities found at luxury resorts around the globe. Situated on more than nine acres in Ninole on Hawaii's Big Island, this stunningly beautiful northeast coast, Water Falling Estate sits on a promontory overlooking the Pacific Ocean. Its moniker is a nod to the two natural twin waterfalls that cascade into the ocean. Privately gated, this solidly built home is a four-story superstructure designed with a large open floor plan. Quality and elegance is evident in every detail. The many highlights include a rooftop deck and a central Daytona 52-inch round pneumatic air compression elevator providing easy access to all levels. Amenities include a parking structure topped with a lighted tennis/basketball court with stadium-style seating for 450 spectators, golf practice area, 9-tee's of golf and a aquatic center. The center features a 25-meter Olympic swimming pool with three lanes and starting blocks, a 16-foot deep diving pool with elevated 7-meter platform and a 3-meter Duraflex Olympic springboard, spa, a 25-meter children’s pool, changing room with shower plus a wet bar, exterior grill and dining area. Water Falling Estate is a unique, one-of-a-kind gem on the Big Island of Hawaii. This property sale includes two TMK's 3-3-2-3-41; 3-3-2-3-23. Sold Furnished.

Additional Information

Roads
Private, Paved, State
Parking
Covered, Attached
Taxes Annual
$71007
View
Coastline, Garden, Mountain, Ocean, Ocean Horizon, River, Sunset, Sunrise, Waterfall
Appliances
Compactor, Convection Oven, Double Ovens, Disposal, Dishwasher, Freezer, Microwave, Refrigerator, Range/Oven, Wine Cooler
Lot Number
1-A
Zoning
A-20A
Lot Size
411,206
Lot Description Land
Clear, Grassy
Water
Private, Wells
Power
Gas, Underground
Sewer
Cesspool
Assessed Value
7522700
Topography
Level
Washer Dryer
Dryer, Washer
District
North Hilo
Pool
Yes
Year Built
2011

Mortgage Calculator

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Listing courtesy of Hawaii Life.

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