Hilo, HI 96720,286 KAIULANI ST
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Hilo, HI 96720,286 KAIULANI ST
Hilo, HI 96720,286 KAIULANI ST
Hilo, HI 96720,286 KAIULANI ST
Hilo, HI 96720,286 KAIULANI ST

$2,400,000

Est. payment /mo

$2,495,000

3.8%
Est.Price: ?

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

SOLD DATE : 08/02/2023

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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Hawaii Information Service (HIS)
Listed by COMPASS

GET MORE INFORMATION

agent

Travis Scott

+1(808) 333-1616

Big Island Realtor | License ID: RS-83053

Big Island Realtor License ID: RS-83053

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