$525,000
$550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
28-1385 OLD RAILROAD WAY Pepeekeo, HI 96783
Key Details
Sold Price $525,000
Property Type Vacant Land
Sub Type HIS Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Pepeekeo Point Subdivision
MLS Listing ID 719929
Sold Date 06/03/25
Maintenance Fees $1,000
HOA Y/N No
Annual Tax Amount $1,514
Tax Year 2024
Property Sub-Type HIS Vacant Land
Source Hawaii Information Service
Property Description
A truly rare offering—this 5-acre parcel in the sought-after community of Pepeekeo Point Gardens is one of the few build-ready lots available. With a private well already installed, perimeter fencing in place, developed road infrastructure, and multiple cleared home site envelopes, this property is ready for your vision.
The land features gently rolling pasture with deep soil, ideally situated at a 200-foot elevation—perfect for cultivating tropical fruits and crops. From its elevated position, enjoy ocean vistas and the refreshing trade wind breezes famous along the Hamakua Coast.
Bordering the southern edge of the property is year-round Makea stream with easy, sloped access. A short walk along the stream leads to a unique and historic tunnel, once used as a flume during the plantation era, offering a rare glimpse into Hawai‘i's agricultural past.
This neighborhood offers coastal ocean access less than half a mile away, ideal for scenic walks or bike rides, and Downtown Hilo is just 10 miles from your doorstep.
Location
State HI
Community Pepeekeo Point Subdivision
Area 219107.0
Zoning A-20a
Region South Hilo
City Region South Hilo
Exterior
Utilities Available Electricity Available, Phone Available
View Y/N Yes
Water Access Desc Private,Well
View Forest, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon
Topography Gentle Slope,Rolling Terrain
Garage No
Private Pool No
Building
Lot Description Cleared, Grassy, Wooded
Sewer None
Others
Ownership Full
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fee Simple, Standard
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962