$1,920,000
$2,065,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
27-599 ALAKAHI PL Pepeekeo, HI 96781
3 Beds
2 Baths
4,116 SqFt
Key Details
Sold Price $1,920,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,116 sqft
Price per Sqft $466
Subdivision Onomea Bay
MLS Listing ID 647469
Sold Date 09/16/21
Bedrooms 3
Full Baths 2
Year Built 2000
Annual Tax Amount $16,238
Lot Size 2.143 Acres
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*
Location
State HI
Area South Hilo
Zoning A-1A
Interior
Heating None
Cooling None
Flooring Carpet
Exterior
Parking Features None
Garage Spaces 622.0
Fence Other (remarks), Wire
Pool No
View Bay, Coastline, Garden, Ocean, Ocean Horizon, Pasture, Sunrise
Building
Sewer Cesspool
Water Catchment
Others
Acceptable Financing 1031 Exchange, Agreement of Sale, Cash, Conventional, Open
Listing Terms 1031 Exchange, Agreement of Sale, Cash, Conventional, Open
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962