27-599 ALAKAHI PL $1,995,000

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    27-599 ALAKAHI PL Pepeekeo, HI 96781

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    $1,995,000

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    • 6 Beds
    • 3 Baths
    • 3,529 sq. ft.
    • Single Family
    • MLS# 634114
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    Views: 10 Days On Market: 50

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    Property Details

    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 vacation rental at $700-1400/night, and as a venue for retreats and weddings. 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
    -addition including great room/master bedroom with in-suite bath and wrap-around deck
    -downstairs basement converted into two beautiful oceanview bedrooms
    -garage converted into a large guest suite making the 'bedrooms' total 6
    -large wrap-around bottom floor deck with yoga platform
    -detached bathhouse with 4 showers/2 bathrooms (convertible into an oceanview sauna)

    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!!!

    • General Features
      • Subdivision Onomea Bay
      • Location 27-599 Alakahi Pl
      • Land Tenure Fee Simple
      • Interior Area Total 3,529
      • Full Bathrooms 3
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 0
      • One-Qtr Bathrooms 0
      • Security None
      • Pool N
      • View Bay, Coastline, Garden, Ocean, Ocean Horizon, Pasture, Sunrise
      • Oceanfront Parcel N
      • Unit Description Multi-Dwelling, Multi-Story, Single Family Home
      • Taxes Annual $5,998
    • Building Features
      • Design Double Wall
      • Floor Covering Hardwood, Marble
      • Appliances Convection Oven, Disposal, Dishwasher, Freezer, Microwave, Refrigerator, Range Hood
      • Features Storage Area
      • Heating Cooling None
      • Washer Dryer Dryer, Gas, Washer
      • Window Coverings None
      • Telephone Availability Cell
      • TvV Availability Cable
    • Property Features
      • Land Area 93,349
      • Topography Fairly Level, Gentle Slope
      • Lot Description Land Cul-de-sac
      • Frontage Almost Oceanfront,Pasture
      • Roads Private, Paved
      • Parking Description Other (remarks)
      • Garage Area Total 622
      • Fence Wall Other (remarks), Wire
      • Water Catchment
      • Wastewater Cesspool
      • Solid Waste Disposal Trash None
      • Power Other (remarks), Underground

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    Neighborhood

    96781 (Pepeekeo) Demographics

    41 Median Age
    39 Population Density (per sq. mile)
    33% College Educated
    $41,691 Estimated Median Income
    307 Estimated Total Home Owners
    182 Estimated Total Renters
    63% / 37% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    1,588 Total Population
    Community data courtesy of LiveBy, Inc.

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,995,000
        2/14/2020 10:19:00 AM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 4/5/2020 6:19:31 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100