28-1110 OLD RAILROAD WAY $650,000

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    28-1110 OLD RAILROAD WAY Pepeekeo, HI 96783

    • 26.49 Acres
    • Land
    • MLS# 620909
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    Views: 57 Days On Market: 752

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    Property Details

    This is one of East Hawaii's best kept little secrets. 26.49A of prime land located in Pepeekeo with seasonal Waimaauouo Stream meandering the property. During heavy rains, this stream will feature many waterfalls. Otherwise, you can still hear the wonderful sounds of trickling water and the tropical breeze rushing through the trees that borders the stream. Municipal water is available and overhead electric, too. The property is bounded by paved roads: Old Railroad Way (upper road), Panopano Road and Loa Road (along the coastline). Ocean and mountain views are astounding and you will agree that this is special indeed.

    This priceless parcel is currently leased by a cattle farmer. The entire property is fenced and the interior has many (electrified) fenced areas to keep his cattle from falling into the stream. Add to this, no association dues or CC&R's apply!

    Plan on adding this to your list of properties to see. It's only a ten-minute drive from Hilo and many possible building sites to choose from. Be sure to view the aerial shots available on the links above. Allow yourself lots of time to see this property. Be sure to bring your boots and walking stick —- there's a lot to explore!

    • General Features
      • Land Tenure Fee Simple
      • Location 28-1110 OLD RAILROAD WAY
      • Subdivision PEPEEKEO POINT SUBDIVISION
      • Land Area 1,153,904
      • Topography Fairly Level, Rolling Terrain, Other (remarks)
      • Oceanfront Parcel N
      • View Ocean, Other (remarks)
      • Taxes Annual $102
    • Property Features
      • Lot Description Land Corner, Grassy, Other (remarks)
      • Frontage Stream/Canal,Other (remarks)
      • Fence Wall Electric
      • Roads Graded, Private
      • Solid Waste Disposal Trash Other (remarks)
      • Water Other (remarks)
      • Power Overhead
      • Wastewater None

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    Neighborhood

    96783 (Pepeekeo) Demographics

    44 Median Age
    102 Population Density (per sq. mile)
    45% College Educated
    $43,056 Estimated Median Income
    451 Estimated Total Home Owners
    195 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    1,999 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $645,000 Median Sales Price
    1 Homes Sold
    1 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $650,000
        7/14/2020 2:18:51 PM Price Reduced Source New Value: $650,000 -4.41%
        8/27/2018 1:49:00 PM New in Database Source New Value: $680,000

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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 9/18/2020 12:30:20 PM. 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