$3,700,000
$3,750,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
Ka'ie'ie Road Papaikou, HI 96781
337.21 Acres Lot
Key Details
Sold Price $3,700,000
Property Type Vacant Land
Sub Type HIS Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Onomea Sugar Company
MLS Listing ID 717027
Annual Tax Amount $1,035
Tax Year 2024
Lot Size 337.208 Acres
Property Sub-Type HIS Vacant Land
Property Description
Extraordinary opportunity to own 337 profound acres with majestic panoramic ocean & mountain views! The middle of Kapue Stream defines the Southwest boundary of the estate and then the river continues completely onto the property for almost half a mile with dramatic waterfalls and pools. Aleamai Stream runs along the top of the land, with forest along its banks. There are multiple possible home sites with stunning ocean, Hilo Bay, and mountain views. Adding value is a network of old cane roads that make the land easy to tour and explore - there is even an old airstrip.
This property offers a unique chance for someone looking to create their dream home with unparalleled allure and privacy, yet be only 11 miles from Hilo International Airport. The land, which rises from 1,100 to 1,700 ft., encompasses two distinct climate zones with small streams and springs, and would support truly sustainable living with incredible potential for farming a wide range of crops.
Although this property offers peace and seclusion rarely found in the modern world, it is just 8 miles from Hilo, the third biggest city in the state of Hawaii. Lush and beautiful, historical Hilo offers many restaurants, shops, galleries and theaters for movies and plays.
Currently the land is enriched by a rancher running cattle on a rotating basis. This helps control weeds and grasses and provides low taxes - although tax laws may change by 2026. New owner could allow ranching on all, part, or none of the land as they desire.
The area has temperate weather with ample rainfall, cooling trade winds and is less than a 20 minutes drive from Hilo with its many offerings, which include a large selection of Parks, Cafes, Restaurants, Bars, Farmer's Markets, Shopping Malls, and the Hilo International Airport. Hilo is home to Rainbow Falls, a majestic and easily viewable waterfall, Liliokalani Gardens and Coconut Island.
Location
State HI
County Hawaii Island (big Island)
Community Onomea Sugar Company
Area Hi
Zoning A-20A
Exterior
Utilities Available Electricity Available, Phone Available
View Y/N Yes
View Bay, Forest, HIS Coastline, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon, Pasture, River
Building
Lot Description Grassy, Wooded
Sewer None, Septic Tank
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition Fee Simple, Standard
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