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Sold for $3,162,000
  • $3,162,000

    27-870 Old Mamalahoa Hwy Lot 3, Papaikou, HI 96781

    --beds
    0baths
    40.89Acres
    Unimproved Land
    Built in ----
    40.89 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

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    Not available

    Zestimate® history
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    What's special

    Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow meets the Pacific Ocean in a gorgeous estuary. This estate encompasses two 60 - 80 foot waterfalls each with incredible swimming ponds. Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui (big water) gulch, waterfalls, and a river that flows to the ocean comprise this offering. This property represents an outrageous unique lifestyle with many building sites along the coast with incredible ocean and Hilo coastal views. Located on the Scenic Onomea Bay drive just 10 - 15 minutes from Hilo town, the hospital, university, and all of the conveniences that it enjoys. HELCO has confirmed that electricity is available. Can you imagine being the steward of such an incredible resource on the Hamakua Coast? This is a rare and special property that embodies old Hawaii Nei. The ocean access is an estuary with spawning fish, the cliffs are home to ocean faring birds, the views are limitless. On this canvas have been planted acres of valuable hardwood trees; African and Honduras Mahogany trees many of which are large enough to be harvested and used onsite or to be sold, there is also Teak and Queensland Maple planted 20 years ago. The Hilo side of the property is fenced, it is fronted with an Arica Palm hedge and the northern side's boundary is the gulch on the other side of the waterfalls and river. There is a water well that was installed years ago and could be rejuvenated near the front of the parcel. The adjacent 40 acre parcel is also listed for sale: tmk # 3-2-7-11-1 for a total of 80 acres of oceanfront land. Truly this is one of the most special and historic land offerings on the Island of Hawaii. The possibilities are endless and this acreage calls for a steward of the land to care for and to cultivate this land to it's highest potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jared C Gates 8087561319,

    Big Island Homes & Land Co., Ltd.

    Bought with:

    Buyer Not Represented

    Buyer Not Represented

    Source: Hawaii Information Service,MLS#: 708103MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has fireplace: No

    Property

    Features
    • Has view: Yes
    • View description: Coastline, Ocean, Ocean Horizon, Sunrise, Waterfall
    • Has water view: Yes
    • Water view: Ocean,Waterfall
    • Waterfront features: Ocean Front
    • Frontage type: Almost Oceanfront,Sandy Beach,Stream/Canal
    Lot
    • Size: 40.89 Acres
    • Features: Wooded
    • Topography: Gentle Slope
    Details
    • Parcel number: 3270100270000
    • Zoning: A-20A
    • Special conditions: Fee Simple,Standard

    Utilities & green energy

    • Sewer: None
    • Water: Well
    • Utilities for property: Electricity Available, Phone Available

    Community & HOA

    Community
    • Subdivision: ONOMEA BAY
    Location
    • Region: Papaikou

    Financial & listing details

    • Tax assessed value: $2,146,600
    • Annual tax amount: $200
    • Date on market: 2/29/2024
    • Listing terms: 1031 Exchange,Cash
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/16/2026Sold$3,162,000-15.7%
    Source: Hawaii Information Service #708103 Report a problem
    10/27/2025Contingent$3,750,000
    Source: Hawaii Information Service #708103 Report a problem
    1/26/2025Price change$3,750,000-5.1%
    Source: Hawaii Information Service #708103 Report a problem
    7/2/2024Price change$3,950,000-7.1%
    Source: Hawaii Information Service #708103 Report a problem
    2/29/2024Listed for sale$4,250,000
    Source: Hawaii Information Service #708103 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 96781

    Nearby schools

    GreatSchools rating