$2,400,000
$2,495,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
286 KAIULANI ST Hilo, HI 96720
3 Beds
4 Baths
2,696 SqFt
Key Details
Sold Price $2,400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,696 sqft
Price per Sqft $890
Subdivision Reeds Island
MLS Listing ID 668254
Bedrooms 3
Full Baths 3
Half Baths 1
Year Built 2002
Annual Tax Amount $13,594
Tax Year 2022
Property Sub-Type Single Family Residence
Property Description
Built on the edge of a bluff adjacent to a double 25-ft. waterfall on the Wailuku River, the famed retreat Falls at Reeds Island is a complex mix of tropical magic, zen energy, solitude, and modernism. Surrounded by state and conservation land, at the edge of the property another 85-ft. waterfall cascades into the 700-ft. of river frontage. The home is a work of art with the closeup views of the falls and natural rainforest prevailing from every room. The minimalist interiors of 2,696 sq.ft. complement the environment and vice versa. Built of Port Orford, OR cedar and supported by locally sourced ‘Ohia post, a long breezeway entry screened from floor to ceiling connects the homes 3 living pavilions. The late San Francisco architect David Morton created this vertical structure to meet the physical challenges of the 2.249 ac. long, narrow parcel bordered by 2 gulches, the rain forest and the river with the result being a home of distinction hailed in the NY Times as well as multiple award-winning travelsites with 5-star ratings for this successful vacation rental. Known as Koloiki, Reed's Island is a 26-ac. enclave shaped by the Wailuku River, the largest in the state. Once home to Hawaiian royalty, Koloiki was sold by King Kamehameha IV to William Reed in 1861. Accessible by a small bridge, Reed's Island is situated just 1 mile from historic Hilo but feels like a time capsule of Old Hawaii. In a bygone era, this neighborhood was where the local affluent families built their homes. Hilo is the last place of the 4 larger islands still free of the pressure of rapid expansion and famous for its rainfall and lush jungle vegetation. The guest population is a resourceful and adventurous breed looking for a true retreat, an escape to solitude and natural beauty set in a town of socio and ethnic diversity with a strong scientific and cultural community. This estate located at the very end of the island's only road, is the most prestigious and privileged setting on the island.
Location
State HI
Community Reeds Island
Area Hi
Zoning RS-15
Interior
Hot Water Electric
Flooring Concrete, Other
Exterior
Exterior Feature Lightning, See Remarks
Parking Features Unassigned
Pool Other
Community Features See Remarks
Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
View Y/N Yes
View Forest, Garden, HIS Waterfall, Other, River
Building
Lot Description Cleared, Corner Lot, Cul-De-Sac, Dead End, Grassy, Landscaped, Rim Lot, Rocky, See Remarks, Wooded
Sewer Septic Tank
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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Travis Scott
Big Island Realtor | License ID: RS-83053
Big Island Realtor License ID: RS-83053