A most rare 3.40-acre oceanfront residential estate sitting atop a 100-foot cliff is now offered for sale in the Honomu area of the Hamakua Coast on the Big Island of Hawaii. Even more rare is the over 7,200 sqft. of living space, 13 bedrooms and 10.5 bathrooms, huge oceanfront old-fashioned verandas for family, private or public gatherings and with other oceanfront lanais attached to many of the bedroom suites. Ten of the 12 bedrooms face the ocean. One of the bedrooms is currently being used as an office however it feels more like a library with wood shelving throughout; very special. Visions of the Great Gatsby era with lawn tennis, bird-watching, children playing, parties and croquet suit the style and feel of the home. Approximately 13 miles to Hilo; 30 to historic Waimea and two miles to Kolekole State Park and world renown Akaka Falls. Two oceanfront dining areas; one more formal for large gatherings or another as a smaller breakfast room off the huge kitchen. Conventional electricity, private well water with a reliable history, easy access off main highway. Architecturally speaking the property has resonating Plantation, Victorian and Old Hawaii era qualities. A distinctly cultivated palm lined driveway, secluded tropical landscaped grounds, seasonal whale and spinner dolphin watching nearly year-long, this property is ready for the market. Seller has worked 2+ years towards preparing their home for sale: new look including flooring, paint, minimalized furniture, expanded maintenance to all parts of the property and a new nursery in order to present and sale as a large yet traditional single-family residence. Ocean views look to Pohakunanu Bay and locally known surfing sites called “Ladders” and “23 Flats”. 2016 appraisal is above the current list price. Currently operating as the Palms Cliff House B&B, Sellers will consider a sale of the business w/an acceptable offer for the real estate or, at an additional cost with a purchase of the real estate.
Past Activity
Jul 21, 2020 Sold for $2,900,000
Apr 29, 2020 Under Contract
Feb 25, 2019 Listed at $2,900,000
More Details
Price / ft²: $400
Zoning: A-20A
View: Bay, HIS Coastline, Garden, Mountain(s), Ocean, Ocean Horizon, Other, HIS Sunrise, HIS Waterfall
Security Features: Fire Sprinkler System, Smoke Detector(s)
Sold 7/21/20 at $2,900,000 (List Price: $2,900,000)
Description
A most rare 3.40-acre oceanfront residential estate sitting atop a 100-foot cliff is now offered for sale in the Honomu area of the Hamakua Coast on the Big Island of Hawaii. Even more rare is the over 7,200 sqft. of living space, 13 bedrooms and 10.5 bathrooms, huge oceanfront old-fashioned verandas for family, private or public gatherings and with other oceanfront lanais attached to many of the bedroom suites. Ten of the 12 bedrooms face the ocean. One of the bedrooms is currently being used as an office however it feels more like a library with wood shelving throughout; very special. Visions of the Great Gatsby era with lawn tennis, bird-watching, children playing, parties and croquet suit the style and feel of the home. Approximately 13 miles to Hilo; 30 to historic Waimea and two miles to Kolekole State Park and world renown Akaka Falls. Two oceanfront dining areas; one more formal for large gatherings or another as a smaller breakfast room off the huge kitchen. Conventional electricity, private well water with a reliable history, easy access off main highway. Architecturally speaking the property has resonating Plantation, Victorian and Old Hawaii era qualities. A distinctly cultivated palm lined driveway, secluded tropical landscaped grounds, seasonal whale and spinner dolphin watching nearly year-long, this property is ready for the market. Seller has worked 2+ years towards preparing their home for sale: new look including flooring, paint, minimalized furniture, expanded maintenance to all parts of the property and a new nursery in order to present and sale as a large yet traditional single-family residence. Ocean views look to Pohakunanu Bay and locally known surfing sites called “Ladders” and “23 Flats”. 2016 appraisal is above the current list price. Currently operating as the Palms Cliff House B&B, Sellers will consider a sale of the business w/an acceptable offer for the real estate or, at an additional cost with a purchase of the real estate.
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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.