28-1385 OLD RAILROAD WAY, PEPEEKEO, HI 96783
Rare Build-Ready Streamfront Parcel in Desirable Pepeekeo Point Gardens
Listing Provided by: Salt Water Real Estate LLC
MLS #: 719929
MLS #: 719929
Description
A truly rare offering—this 5-acre parcel in the sought-after community of Pepeekeo Point Gardens is one of the few build-ready lots available. With a private well already installed, perimeter fencing in place, developed road infrastructure, and multiple cleared home site envelopes, this property is ready for your vision.The land features gently rolling pasture with deep soil, ideally situated at a 200-foot elevation—perfect for cultivating tropical fruits and crops. From its elevated position, enjoy ocean vistas and the refreshing trade wind breezes famous along the Hamakua Coast. Bordering the southern edge of the property is year-round Makea stream with easy, sloped access. A short walk along the stream leads to a unique and historic tunnel, once used as a flume during the plantation era, offering a rare glimpse into Hawai‘i’s agricultural past. This neighborhood offers coastal ocean access less than half a mile away, ideal for scenic walks or bike rides, and Downtown Hilo is just 10 miles from your doorstep.
Property Details
Price: $550,000
Sold Price:
Address: 28-1385 OLD RAILROAD WAY, PEPEEKEO, HI 96783
Ownership: Full
Status: Contingent
Category: Land
Type:
Sold Price:
Address: 28-1385 OLD RAILROAD WAY, PEPEEKEO, HI 96783
Ownership: Full
Status: Contingent
Category: Land
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Listed by: Salt Water Real Estate LLC
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Features and Amenities
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View: Forest, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon
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Community Information
Project Name:
Subdivision Name: PEPEEKEO POINT SUBDIVISION
Association Fee: $0 Monthly
Subdivision Name: PEPEEKEO POINT SUBDIVISION
Association Fee: $0 Monthly
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Lava Zone: 8
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: 219,107 Square Feet
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Land Tenure: Fee Simple
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Land Tenure: Fee Simple
Lot Features: Cleared, Grassy, Wooded
Frontage: a:1:{i:0;s:12:"Stream/Canal";}
Frontage Type: Stream/Canal
Roads: Paved, Private
Roads Frontage Type: HIS Road/Street
Frontage: a:1:{i:0;s:12:"Stream/Canal";}
Frontage Type: Stream/Canal
Roads: Paved, Private
Roads Frontage Type: HIS Road/Street
Zoning: A-20a
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Additional Details
Assessed Tax Value: $162,000
Annual Tax: $1,515
Tax Year: 2024
Tax Lot: 56
Tax Block:
Utilities: Electricity Available, Phone Available
Cooling:
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Sewer: None
Water: Private, Well
Solid Waste Disposal: Private Contractor
Cooling:
Heating:
Sewer: None
Water: Private, Well
Solid Waste Disposal: Private Contractor
First Listed April 9, 2025, 3:58 pm
Last Updated May 2, 2025, 6:01 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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