39-3298 OLD MAMALAHOA HWY, OOKALA, HI 96774
Oceanfront 20+ acre estate home with development options
Listing Provided by: Hilo Brokers Ltd
MLS #: 714967
MLS #: 714967
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.
Property Details
Price: $3,200,000
Sold Price:
Address: 39-3298 OLD MAMALAHOA HWY, OOKALA, HI 96774
Ownership: Full
Status: Active
Category: Residential
Type:
Sold Price:
Address: 39-3298 OLD MAMALAHOA HWY, OOKALA, HI 96774
Ownership: Full
Status: Active
Category: Residential
Type:
Total Bedrooms: 2
Total Bathrooms: 4
Full Baths: 4
Living Area: 3,654 Square Feet
Listed by: Hilo Brokers Ltd
Year Built: 1999
Levels:
Year Built: 1999
Levels:
Features and Amenities
Interior Features:
Exterior Features:
View: Mountain(s), Ocean
Pool:
Pool Features:
Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood
Fireplace Features:
Flooring: Carpet, Hardwood
Security:
Laundry:
Fireplace Features:
Flooring: Carpet, Hardwood
Security:
Laundry:
Garage Spaces: 3
Carport Spaces:
Parking Features: Attached, Covered
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Attached, Covered
Additional Structures:
Home Warranty:
Community Information
Project Name:
Subdivision Name: KAIWIKI SUGAR COMPANY
Association Fee: $0 Monthly
Subdivision Name: KAIWIKI SUGAR COMPANY
Association Fee: $0 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 8
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: 872,376 Square Feet
Waterfront: Yes
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Waterfront: Yes
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage: a:0:{}
Frontage Type:
Roads: Graded, Private
Roads Frontage Type:
Frontage: a:0:{}
Frontage Type:
Roads: Graded, Private
Roads Frontage Type:
Zoning: A-5A
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $852,700
Annual Tax: $3,943
Tax Year: 2024
Tax Lot:
Tax Block:
Utilities: Electricity Available
Cooling:
Heating:
Sewer: Cesspool
Water: Well
Solid Waste Disposal: None
Cooling:
Heating:
Sewer: Cesspool
Water: Well
Solid Waste Disposal: None
First Listed November 4, 2024, 3:12 pm
Last Updated November 4, 2024, 7:12 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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