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27-599 ALAKAHI PL (Pepeekeo)

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27-599 ALAKAHI PL , Pepeekeo
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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*
Past Activity
  • Sep 16, 2021 Sold for $1,920,000
  • Jul 27, 2021 Under Contract
  • Feb 25, 2021 Listed at $2,065,000
  • Jun 09, 2016 Sold for $1,535,000
  • Feb 08, 2016 Under Contract
  • Dec 11, 2015 Listed at $1,535,000
More Details
  • Price / ft²: $466
  • Zoning: A-1A
  • View: Bay, HIS Coastline, Garden, Ocean, Ocean Horizon, Pasture, HIS Sunrise
  • Amenities: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer
  • TMK: 3270090540000
  • Tax Assessed Value: $1,736,700
  • Courtesy: eXp Realty
  • MLS: 647469
Good to Know
Note: This page displays all homes for sale in Pepeekeo.
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 21, 2024.
Other Pepeekeo Homes
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$1,980,000
28-3059 BEACH RD
3 Bds | 4 Ba
2,163 ft²
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$2,200,000
28-380 SUGAR MILL RD
7 Bds | 8 Ba
5,099 ft²
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$2,250,000
27-577 OLD MAMALAHOA HWY #2
6 Bds | 5 Ba
2,711 ft²
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$1,750,000
28-3026 BEACH RD
3 Bds | 2 Ba
2,184 ft²
Other Hilo Homes
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$1,690,000
28-1167 OLD MAMALAHOA HIGHWAY
3 Bds | 3 Ba
1,893 ft²
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$2,100,000
29-3794 HAWAII BELT RD
2 Bds | 2 Ba
2,092 ft²
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$1,985,000
35-2068 HULAANA PL
3 Bds | 2 Ba
1,622 ft²
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$1,935,000
272 KAIULANI ST
4 Bds | 4.5 Ba
2,687 ft²
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$2,200,000
32-1566 MALUHIA RD
4 Bds | 4 Ba
2,958 ft²
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$2,250,000
36-1037 STEVENS RD
4 Bds | 3 Ba
2,304 ft²
  • Sold 9/16/21 at $1,920,000
    (List Price: $2,065,000)
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*
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 21, 2024.
    • Sep 16, 2021 Sold for $1,920,000
    • Jul 27, 2021 Under Contract
    • Feb 25, 2021 Listed at $2,065,000
    • Jun 09, 2016 Sold for $1,535,000
    • Feb 08, 2016 Under Contract
    • Dec 11, 2015 Listed at $1,535,000
    Note: This page displays all homes for sale in Pepeekeo.
    Other Pepeekeo Homes
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    $1,980,000
    28-3059 BEACH RD
    3 Bds | 4 Ba
    2,163 ft²
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    $2,200,000
    28-380 SUGAR MILL RD
    7 Bds | 8 Ba
    5,099 ft²
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    $2,250,000
    27-577 OLD MAMALAHOA HWY #2
    6 Bds | 5 Ba
    2,711 ft²
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    $1,750,000
    28-3026 BEACH RD
    3 Bds | 2 Ba
    2,184 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.