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27-570 ONOHI LOOP PAPAIKOU
Property

4 Bd  4 Ba  5,910 sf  214.3 ac

65 days

$6.35M  Market $5.01M

$40K rebate

Assessed$3.61M
Market$5.01M
39%
Asking$6.35M
  1. HI
  2. Big Island
  3. Hilo
  4. Papaikou

27-570 ONOHI LOOP PAPAIKOU HI 96781

Now offered below appraised value with seller financing options. This luxury ranch estate home sits on 214 rolling acres in Onomea Bay Ranch, with potential for future subdivision.

There is over 9,500 square feet under roof, with 5,910 sqft of living area. The home designed by architect Mark Matsumoto, is elegant yet cozy. The interior features a great room with floor-to-ceiling lava rock fireplace and 16’ ceilings and koa wood floors, a chef’s kitchen with granite counters, custom birch cabinetry and hidden butler’s pantry, two main bedroom suites with fireplaces, ocean views and bathrooms with luxurious soaking tubs, two additional guest bedrooms, a den/office with a fireplace and a billiard area with custom bar. Step outside and enjoy the breathtaking view of Mauna Kea from the home’s front, and Pacific Ocean views from the expansive covered lanais in the back.

This is an income producing property, additional details available to qualified buyers.

There is a 2000 sf multi-stall barn with an adjacent corral. With 214 acres there’s plenty of room for riding, farming & grazing. The entire home is served by a private well, approx 750 feet deep.

There is a full set of building plans for a guest house with approx. 2,599 sf under roof, available with sale.

Purchase options include: seller financing, agreement of sale, 1031 exchange, cash & lender financing.

Financial

Status
for sale
Market Value
$5,013,258
Asking Price
$6,350,000
Assessed Value
$3,607,300
Year Assessed
2021
Terms
1031 Exchange, Agreement of Sale, Cash, Conventional, Open, Purchase Money Mortgage
Property Taxes
$2,593/mo
Parcel #
270390240000

The Basics

Status
For Sale
Property Type
House
View
Bay, Canyon, City, Coastline, Forest, Mountain, Ocean, Ocean Horizon, Pasture, Sunrise
Unit Description
Single Family Home

Building

Property Type
House
Beds
4
Baths
4
Living Area
5,910 sf
Other Sqft Square Footage of Porch, Lanai, Deck, or other usable floor space
2,000 sf
Exterior Area Total
1,175 sf
Year Built
2005
Waste Water
Septic
Water
Private, Wells
Power
Underground
Trash Disposal
Private Contractor
Agriculture Dedicated
Yes

Land

Tenure
Fee Simple
Frontage
None, Pasture, Preservation/Conservation, Road/Street, Stream/Canal
Lot Number
24-B1
Lot Description
Grassy
Lot Size
214.3 acres (9,335,126 sf)
Elevation
No data
Latitude
19.81479973
Longitude
-155.1096506
Subdivision
ONOMEA BAY RANCH
Topography
Fairly Level, Gentle Slope
Roads
Private, Paved
Zoning
A-20A - Agricultural, 20 acres
Flood Zone
X
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Lava Zone
Zone 8 - Remaining part of Mauna Kea. Only a few percents of this area has been covered by lava in the past 10,000 years.
CC&Rs Covenants, Conditions & Restrictions are rules that govern residences.
Yes
Recordation
Regular

Parking

Vehicle Storage
Covered, Attached
Garage Area
1,442 sf

Amenities

Flooring
Carpet, Ceramic Tile, Hardwood
Inclusions
Blinds, Drapes, Dryer, Washing Machine, Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Range Hood, Wine Cooler
Internet
Cable, Satellite, Wireless
Features
Ceilings-9'+, Ceiling-Vaulted, Exterior Lighting, Horse Barn, Landscaped, Office, Storage Area, Smoke/Heat Detector, Bar-Wet
Telephone
Cable, Cell, Land Line
TV
Satellite, Cable
Fireplace
Wood Burning
Fence/Wall
Full, Rock/Stone, Wire

MLS Data

MLS #
646781
Days on Market
65
Est. Commission
$190,500
Listing Agent
Kona Moran RB-22314
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2021-02-17