29-2089 OLD MAMALAHOA HIGHWAY, HAKALAU, HI 96710

$2,800,000
7
BD
5
BA
3,343
SqFt
List Price
$2,800,000
Status
ACTIVE
Type
Multifamily
MLS#
701082
Days on Market
48
Land Area
216,275
Year Built
2003
Neighborhood
Wailea
Land Tenure
Fee Simple

Property Description

Welcome to Ola Kai Estates. A unique ocean view property where form and function meet with tropical design reminiscent of days gone by. The Estate consists of 4 permitted structures and an orchard of approx 480 cacao trees. Ola Kai Estates is home to the wonderfully tasting Aloha Feels Chocolate. This unbelievable property is on well water and has a fully paid for 20 panel PV system. The estate is comprised of 4 structures: 1. The main home sprawls over 2287 sf with 4 bedrooms, 3 baths, vaulted ceilings in the living area, newly renovated kitchen with copper sink and upgraded fixtures, 1000 sf screened in lanai and second recreational room, affectionately known as the Tiki bar. The home is all on one level and boasts two primary suites, ample storage area, indoor laundry and attached two car garage. The fourth bedroom is currently set up as a media room. 2. Slightly behind the main home is a detached 2 car garage. 3. The second home is a 2 bedroom, with den, 2 bath structure set away for privacy from the main home. It boasts a covered gazebo with commanding ocean and property views. 4. The last building is a large 1920 sf structure originally built as a 5 car garage. It is known as the Studio and has a half bath, office space and has become the ultimate recreational enclave. It boasts a hot tub, outdoor shower, regulation size pool table, ping pong table, foosball table, conference tables, gym equipment and a storage room. The entire front of this building has an open lanai with fantastic ocean views. Around the property you will find multiple seating nooks. There is even an area currently home to a small flock of Silkie chickens. Aside from the cacao orchard this well designed property is landscaped with multiple edible and ornamental plants, including lilikoi, banana, pineapple, navel orange, tangelo, lemon, grapefruit, starfruit, kumquat, lychee, Brazilian cherry, longan, mangosteen, avocado and soursop to name a few.

Additional Information

Island
Big Island
View
Ocean, Ocean Horizon
Lot Size
216,275
Neighborhood
Wailea
Frontage
Road/Street
Year Built
2003
Sewer
Cesspool
Zoning
A-10A
Water
Private

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Venture Sotheby's International Realty.

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