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27-599 Alakahi Pl (Pepeekeo)

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27-599 Alakahi Pl, Pepeekeo
Selling or Buying in Pepeekeo?
Description
This may be the most spectacular property on the Hamakua Coast, truly something you must see in person to appreciate. Located directly above the famous scenic lookout, this is the only property with a private carriage trail down into the Hawaiian Botanical Garden, with over 4 miles of trails through indigenous botany and direct access to Onomea Bay.

This 2+ acre estate is located at the end of a quiet cul-de-sac, in a safe, private neighborhood, just 6 miles from Hilo. It has functioned as a highly profitable hosted vacation rental at $700-1400/night. A perfect opportunity to host your own retreats, or to simply live the luxurious retreat lifestyle.

Every part of this home screams custom, from the grand entry door, the hand carved Balinese mural wall, a true chef’s kitchen, specialty trim and tile work, Nana Wall retractable glass door and window systems, Brazilian ipe decking, corner windows, the list goes on and on.

The original home, completed in 2000, has undergone 2 major renovations in 2014 and 2019, with extensive improvements and structures added. Some of these include:
-a grand entry w/ porte cochere
-bottom story has been built out with a "finished basement" area and wrap-around deck
-garage converted into a large guest suite
-large wrap-around bottom floor deck with yoga platform

This property has over 7000 feet under roof! Which includes a two-door garage that you can convert back or keep as an ohana suite, a 910 sq. ft. workshop with plenty of built-ins and electric stub-outs (previously a carpenter’s workshop). The large covered patio off the kitchen features an expansive pergola overhead for year-round outdoor dining, a tiki bar, a large jacuzzi, custom fireplace, and an unbelievable view!

Home has been rented very heavily over the past few years and has some deferred maintenance and is in need of repairs (paint, grout, new doors,etc).
*Seller is offering as a $30k closing credit with sale*
Past Activity
More Details
  • Price / ft²: $466
  • Zoning: A-1A
  • View: Bay, Garden, HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon, Pasture
  • Amenities: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer
  • TMK: 3270090540000
  • Tax Assessed Value: $1,736,700
  • Courtesy: eXp Realty
  • MLS: 647469
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on April 21, 2025.
Other Pepeekeo Homes
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$2,200,000
28-380 Sugar Mill Rd
7 Bds | 8 Ba
5,099 ft²
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$2,250,000
27-577 Old Mamalahoa Hwy #2
6 Bds | 5 Ba
2,711 ft²
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$1,770,000
28-3055 Beach Rd
4 Bds | 1 Ba
2,428 ft²
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$1,690,000
28-1167 Old Mamalahoa Highway
3 Bds | 3 Ba
1,893 ft²
Other Hilo Homes
Honomu
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$1,720,000
28-811 Akaka Falls Rd
3 Bds | 2.5 Ba
2,758 ft²
Hilo
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$2,200,000
34-1480 Honomainoa Rd
3 Bds | 2.5 Ba
1,360 ft²
Hilo
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$1,600,000
34-1174 Hawaii Belt Rd
3 Bds | 2 Ba
2,984 ft²
Hilo
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$1,495,000
35-2068 Hulaana Pl
3 Bds | 2 Ba
1,622 ft²
Laupahoehoe
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$1,400,415
36-2335 Old Mamalahoa Highway
3 Bds | 2.5 Ba
2,822 ft²
Laupahoehoe
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$1,400,000
35-281 Kihalani Homestead Rd
3 Bds | 2 Ba
1,525 ft²
  • Sold 9/16/21 at $1,920,000
    (List Price: $2,065,000)
Description
This may be the most spectacular property on the Hamakua Coast, truly something you must see in person to appreciate. Located directly above the famous scenic lookout, this is the only property with a private carriage trail down into the Hawaiian Botanical Garden, with over 4 miles of trails through indigenous botany and direct access to Onomea Bay.

This 2+ acre estate is located at the end of a quiet cul-de-sac, in a safe, private neighborhood, just 6 miles from Hilo. It has functioned as a highly profitable hosted vacation rental at $700-1400/night. A perfect opportunity to host your own retreats, or to simply live the luxurious retreat lifestyle.

Every part of this home screams custom, from the grand entry door, the hand carved Balinese mural wall, a true chef’s kitchen, specialty trim and tile work, Nana Wall retractable glass door and window systems, Brazilian ipe decking, corner windows, the list goes on and on.

The original home, completed in 2000, has undergone 2 major renovations in 2014 and 2019, with extensive improvements and structures added. Some of these include:
-a grand entry w/ porte cochere
-bottom story has been built out with a "finished basement" area and wrap-around deck
-garage converted into a large guest suite
-large wrap-around bottom floor deck with yoga platform

This property has over 7000 feet under roof! Which includes a two-door garage that you can convert back or keep as an ohana suite, a 910 sq. ft. workshop with plenty of built-ins and electric stub-outs (previously a carpenter’s workshop). The large covered patio off the kitchen features an expansive pergola overhead for year-round outdoor dining, a tiki bar, a large jacuzzi, custom fireplace, and an unbelievable view!

Home has been rented very heavily over the past few years and has some deferred maintenance and is in need of repairs (paint, grout, new doors,etc).
*Seller is offering as a $30k closing credit with sale*
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on April 21, 2025.
    Other Pepeekeo Homes
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    $2,200,000
    28-380 Sugar Mill Rd
    7 Bds | 8 Ba
    5,099 ft²
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    $2,250,000
    27-577 Old Mamalahoa Hwy #2
    6 Bds | 5 Ba
    2,711 ft²
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    $1,770,000
    28-3055 Beach Rd
    4 Bds | 1 Ba
    2,428 ft²
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    $1,690,000
    28-1167 Old Mamalahoa Highway
    3 Bds | 3 Ba
    1,893 ft²
     
    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.