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56-2878 Puakea Bay Dr Hawi
Property

3 Bd  5.5 Ba  4,870 sf  10.9 ac

96 days

$2.45M  Good Deal

Escrow

Assessed$1.86M
Asking$2.45M
Market$3.05M
  1. HI
  2. Big Island
  3. North Kohala
  4. Puakea

56-2878 Puakea Bay Dr Hawi HI 96719

This property has a pending offer.A contingent listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers.

This exquisite property is one of the lushest in Puakea Bay Ranch with numerous palms, fruit trees and large tropical shade trees. Extremely private, it was designed by noted architect, Lucky Bennett and has stellar ocean and Maui views. Enter a long driveway that winds to the entrance of the property with porte cochere and circular paved driveway. This estate features:

Main residence with separate guest wing and office
Ensuite bathrooms for all bedrooms and office
Newly installed standing seam copper patina finish roof costing approximately $200,000
Three car garage plus larger boat or RV bay with doors on each end has workshop too
Garage offers large loft caretaker quarters, workshop area, greenhouse and full bathroom
In-ground gunite pool with tiled edge, hot tub, water slide, rock gardens and tiled Marlin at pool bottom
Large pasture behind the residence for animal grazing and additional privacy
Expansive flagstone patio newly buffed connecting main house to pool area, gardens and guest quarters
Hand crafted labyrinth sized and styled after the Chartres Labyrinth
Kitchen with two dishwashers, two refrigerators, two sinks and garden view
Huge walk-in cedar closet at main house
Newly professionally painted exterior and interior with all new electric switches and outlets
Newly renovated hardwood floors by Jim Good
Brazilian cherry, bamboo and tile flooring throughout the estate
Easy access to equestrian easement that encircles the subdivision
Extensive solar array, solar hot water and new electric hot water heater in garage for low electric bills
New LED lighting throughout the main home, guest wing and garage
Guest wing kitchen area has new cabinetry, granite counters
Access to exclusive Puakea Bay Ranch ocean park

The current owners started a significant remodel and have created the opportunity for new owners to complete remodel of kitchen and baths of their dreams with $100,000 credit

Financial

Status
for sale
Market Value
$3,049,882
Asking Price
$2,450,000
Assessed Value
$1,862,200
Year Assessed
2021
Terms
Cash, Conventional
HOA Fees
$400/mo
Property Taxes
$971/mo
Exemption
$180,000
Parcel #
560020390000

The Basics

Status
Contingent
Property Type
House
View
Mountain, Ocean, Ocean Horizon, Remarks, Sunset, Sunrise
Pool
Concrete/Gunite, Outdoor, Spa/HotTub

Building

Property Type
House
Beds
3
Full Baths
5
Half Baths
1
Living Area
4,870 sf
Other Sqft Square Footage of Porch, Lanai, Deck, or other usable floor space
512 sf
Stories Number
1
Pool
Concrete/Gunite, Outdoor, Spa/HotTub
Year Built
1989
Waste Water
Cesspool
Water
County, Meter Installed
Power
Solar/Photovoltaic

Land

Tenure
Fee Simple
Frontage
None, Pasture, Road/Street
Lot Number
25
Lot Description
Flag Lot, Grassy, Wooded
Lot Size
10.9 acres (475,283 sf)
Elevation
No data
Latitude
20.23686735
Longitude
-155.87051089
Subdivision
PUAKEA BAY RANCH SUBDIVISION
Topography
Fairly Level
Roads
Private, Paved
Zoning
A-10A - Agricultural, 10 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 9 - Kohala Volcano, which last erupted over 60,000 years ago.
CC&Rs Covenants, Conditions & Restrictions are rules that govern residences.
Yes

Parking

Vehicle Storage
Covered
Garage Area
1,622 sf

Amenities

Flooring
Ceramic Tile, Hardwood
Inclusions
Shutters, Dryer, Washing Machine, Disposal, Dishwasher, Refrigerator, Wine Cooler
Internet
Cable, Satellite
Features
Greenhouse, Horse - Riding Trails, Landscaped, Overhead Door, Office, Smoke/Heat Detector, Skylight, Bar-Wet
Telephone
Cable, Land Line, Satellite
TV
Satellite, Cable
Fence/Wall
Wire

MLS Data

MLS #
645256
Days on Market
96
Est. Commission
$73,500
Listing Agent
Holly Algood RB-22414
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2021-01-11