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39-3298 Old Mamalahoa Hwy

Ookala, HI 96774
  • $3,200,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 714967
UPDATED: 38 min ago
$3,200,000
  • 2
    BEDS
  • 20.03
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,654
    SQFT
  • $876
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1999
Area:

School Ratings & Info

Description

Tremendous oceanfront development opportunity. This property was recently rezoned to AG-5 (minimum 5 acre lot size), and surveyed at 20.027 acres, with potential to subdivide into 4 oceanfront 5 acre lots. The existing oceanfront home is serviced by both county water, and well. In addition, there are up to 6 more county water meters available. This property gives you a sense of old Hawaii, looking out over the Pacific Ocean. Set far from the highway and without road noise, it is the perfect setting for you to enjoy the best of life in Hawaii.See the property video tour here: https://show.tours/v/gy45GMj3D virtual tour of home: https://bit.ly/4efj5qXThe home has just under 4,000 sqft of living area, with approx 700sqft of ocean view lanais. Though updating could be done, this home is move in ready. With vaulted ceilings and an open concept living area, ocean views abound. The primary suite has ocean views, with a large bathroom w/jetted tub and walk-in closet. Just off the primary is a 2nd bathroom, with 2nd bedroom adjacent. Next is a large office/den, which could also be used for guests. Upstairs: 1st loft has 2 enclosed rooms setup with beds, bath, and large open space. A 2nd large loft offers even more flexible space. A 3 car garage is attached to the home.Located in O'okala, this property is buffered from road noise, and offers tremendous privacy. Endless potential to create a multi generational estate with several homes. Much prep work has been done, and the potential oceanfront lot subdivision offers a uniquely high demand/short supply product. Additional due diligence recommended, no warranties or guarantees. The home is fully permitted; around 2020 some past foundation issues were addressed, and interior floors redone. There is an additional carport/ag storage building of approx 720 sqft, as well as a barn on the property. Absolutely NO unscheduled or unsupervised visits to property.

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© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2024-12-07T21:34:21.98.
www.alohakonarealty.com/homes/157527544
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39-3298 Old Mamalahoa Hwy Ookala, HI 96774

  • Price: $3,200,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 38 min ago
  • MLS #: 714967
2
Beds
4
Baths
0
½ Baths
20.03
Acres
3,654
SQFT
$876
$/SQFT
1999
Built
Neighborhood:
Kaiwiki Sugar Company
Area:
North Hilo
Property Description
Tremendous oceanfront development opportunity. This property was recently rezoned to AG-5 (minimum 5 acre lot size), and surveyed at 20.027 acres, with potential to subdivide into 4 oceanfront 5 acre lots. The existing oceanfront home is serviced by both county water, and well. In addition, there are up to 6 more county water meters available. This property gives you a sense of old Hawaii, looking out over the Pacific Ocean. Set far from the highway and without road noise, it is the perfect setting for you to enjoy the best of life in Hawaii.See the property video tour here: https://show.tours/v/gy45GMj3D virtual tour of home: https://bit.ly/4efj5qXThe home has just under 4,000 sqft of living area, with approx 700sqft of ocean view lanais. Though updating could be done, this home is move in ready. With vaulted ceilings and an open concept living area, ocean views abound. The primary suite has ocean views, with a large bathroom w/jetted tub and walk-in closet. Just off the primary is a 2nd bathroom, with 2nd bedroom adjacent. Next is a large office/den, which could also be used for guests. Upstairs: 1st loft has 2 enclosed rooms setup with beds, bath, and large open space. A 2nd large loft offers even more flexible space. A 3 car garage is attached to the home.Located in O'okala, this property is buffered from road noise, and offers tremendous privacy. Endless potential to create a multi generational estate with several homes. Much prep work has been done, and the potential oceanfront lot subdivision offers a uniquely high demand/short supply product. Additional due diligence recommended, no warranties or guarantees. The home is fully permitted; around 2020 some past foundation issues were addressed, and interior floors redone. There is an additional carport/ag storage building of approx 720 sqft, as well as a barn on the property. Absolutely NO unscheduled or unsupervised visits to property.
Exterior Features

Land Tenure Fee Simple Ocean Front Yes Pool No Roads PrivateGraded View OceanMountain

Interior Features

Appliances DisposalDishwasherMicrowaveRange/OvenRange Hood Floors CarpetHardwood

Property Features

Assessed Value 852700 Assessment Year 2024 Distressed Standard Sale Lava Zone 8 Monthly Association Fees 0.00 Oceanfront Unit Y Power Overhead Property Type Residential Sewer Cesspool Solid Waste Disposal None Tax Key 339001024 Taxes 3943.07 Terms Cash1031 ExchangeConventional Vehicle Parking CoveredAttached Water CountyWells Zoning A-5A

Listing information © 2024 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Hilo Brokers Ltd.


© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2024-12-07T21:34:21.98.
 
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