The historic Mill parcel wraps around 3,000 feet of coastline with sweeping ocean views punctuated at the north end by rocky shore lined Mokihana Bay and, at the south end, by dynamic, broad Papaikou Bay and its black sand beach that forms the mouth of Kapue River. The beach access was engineered and built by the owner who landscaped the route with native trees. The breathtaking view east from this land, 100 feet above the sea, is a daily kaleidoscope of sunrise, passing ocean traffic, breaching whales, rainbows, white egrets on the wing, skilled surfers, and moon glow on the ocean. To the west, the morning view is majestic Mauna Kea and her world-class telescopes in luminescent pearl pink. The custom-designed 1,691 square foot house is built on a historic, hand-hewn lava rock mill foundation that lifts the house up to prominence with exceptional views across Hilo Bay and the open ocean. This parcel enjoys two separate entrances, both by private roads from the highway. The waterfall parcel offers more distant ocean views and intimate river scenes. As Kapue River winds its way through the land, it forms a spectacular year-round waterfall with ponds and a deep river valley with vast space between two potential building/farming sites and a third farming area. The peaceful little Piihau Stream burbles along the south boundary of this land to form a lovely little waterfall as it flows into the Kapue River. on its last leg to the ocean. This parcel meanders so much that it enjoys four separate entrances.
This listing consists of two parcels. #119 is 20 acres and #118 is 16.9 acres. #118 is zoned A-3. Parcels may be sold separately.
Past Activity
Nov 10, 2022 Sold for $9,000,000
May 01, 2022 Under Contract
Oct 18, 2021 Listed at $9,995,000
More Details
Price / ft²: $6,950
Zoning: A-3A
View: City, HIS Coastline, HIS Sunrise, HIS Waterfall, Ocean, Ocean Horizon
Amenities: Microwave, Range, Refrigerator
TMK: 3270041180000
Tax Assessed Value: $951,200
Courtesy: Better Homes and Gardens Real Estate Island Lifest
MLS: 652727
About Papaikou
Note: This page displays all homes for sale in Papaikou.
Sold 11/10/22 at $9,000,000 (List Price: $9,995,000)
Description
The historic Mill parcel wraps around 3,000 feet of coastline with sweeping ocean views punctuated at the north end by rocky shore lined Mokihana Bay and, at the south end, by dynamic, broad Papaikou Bay and its black sand beach that forms the mouth of Kapue River. The beach access was engineered and built by the owner who landscaped the route with native trees. The breathtaking view east from this land, 100 feet above the sea, is a daily kaleidoscope of sunrise, passing ocean traffic, breaching whales, rainbows, white egrets on the wing, skilled surfers, and moon glow on the ocean. To the west, the morning view is majestic Mauna Kea and her world-class telescopes in luminescent pearl pink. The custom-designed 1,691 square foot house is built on a historic, hand-hewn lava rock mill foundation that lifts the house up to prominence with exceptional views across Hilo Bay and the open ocean. This parcel enjoys two separate entrances, both by private roads from the highway. The waterfall parcel offers more distant ocean views and intimate river scenes. As Kapue River winds its way through the land, it forms a spectacular year-round waterfall with ponds and a deep river valley with vast space between two potential building/farming sites and a third farming area. The peaceful little Piihau Stream burbles along the south boundary of this land to form a lovely little waterfall as it flows into the Kapue River. on its last leg to the ocean. This parcel meanders so much that it enjoys four separate entrances.
This listing consists of two parcels. #119 is 20 acres and #118 is 16.9 acres. #118 is zoned A-3. Parcels may be sold separately.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.