39-3298 OLD MAMALAHOA HWY OOKALA HI 96774

Oceanfront 20+ acre estate home with development options
39-3298 Old Mamalahoa Highway 96774

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/gy45GMj

3D virtual tour of home: https://bit.ly/4efj5qX

The 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.

Courtesy of Hilo Brokers Ltd

Basic Details

MLS Price Address
714967 $3,200,000 39-3298 Old Mamalahoa Highway 96774
Property Type District Subdivision
Residential KAIWIKI SUGAR COMPANY
Year Built Terms Assessed Value
Cash,1031 Exchange,Conventional $852,700
Taxes Monthly Fees Assessed Year
$3,943.07 2024
MLS
714967
Price
$3,200,000
Address
39-3298 Old Mamalahoa Highway 96774
Property Type
Residential
District
Subdivision
KAIWIKI SUGAR COMPANY
Year Built
Terms
Cash,1031 Exchange,Conventional
Assessed Value
$852,700
Taxes
$3,943.07
Monthly Fees
Assessed Year
2024

Interior

Appliances Features Washer/ Dryer
Disposal,Dishwasher,Microwave,Range/Oven,Range Hood
Half Baths Full Baths Total Baths
4 4
Bedrooms Floors Total SF
2 Carpet,Hardwood 3,654
Window Treatments Fireplace
Appliances
Disposal,Dishwasher,Microwave,Range/Oven,Range Hood
Features
Washer/ Dryer
Half Baths
Full Baths
4
Total Baths
4
Bedrooms
2
Floors
Carpet,Hardwood
Total SF
3,654
Window Treatments
Fireplace

Exterior

Design View Lot Description
Ocean,Mountain
Garage SF Fencing Lot Area
872,376
Tenure Lava Zone Exterior Area
Fee Simple 8
Zoning Oceanfront Pool
A-5A Y N
Roads Schools
Private,Graded
Design
View
Ocean,Mountain
Lot Description
Garage SF
Fencing
Lot Area
872,376
Tenure
Fee Simple
Lava Zone
8
Exterior Area
Zoning
A-5A
Oceanfront
Y
Pool
N
Roads
Private,Graded
Schools

Utilities

Heating/Cooling Phone Power
Overhead
Sewer Solid Waste Disposal TV Access
Cesspool None
Water
County,Wells
Heating/Cooling
Phone
Power
Overhead
Sewer
Cesspool
Solid Waste Disposal
None
TV Access
Water

Building/Community Information

Building Name No. of Units Parking
Covered,Attached
Security Unit Description
Building Name
No. of Units
Parking
Covered,Attached
Security
Unit Description

Location

Last Updated: Nov 5, 2024 @ 10:54

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