92-8695 Jacaranda Dr, Captain Cook, HI 96704

Spectacular Ocean Views, Multi-Family Potential & Endless Possibilities This exceptional property with over 3,000 sq. ft. of finished living space, offers a rare opportunity to create a luxury estate, multi-family compound, or investment retreat on the Big Island. Highlights: Upstairs great room with dramatic ceiling heights, abundant natural light and panoramic 180° ocean and sunset views Chef’s kitchen: stainless steel wall oven/microwave combo, separate gas range, dishwasher, refrigerator, and abundant counter space Two distinct upstairs wings:   First wing: 3 bedrooms, 2 bathrooms   Second wing: kitchenette, office, bedroom, bathroom, living area, sunroom, private lanai, and elevator/lift – easily converted into separate living quarters Full-length lanai upstairs and private lanai downstairs with the beginnings of an outdoor kitchen Downstairs amenities: garage converted into pickleball court, additional garage for storage, unfinished basement with bathroom, and open carport Over 6000 sf of total space upstairs, downstairs and lanais. Outdoor living and gardens: greenhouse area, above-ground pool (irrigation or pool conversion), outdoor brick oven and BBQ, hidden seating areas, and mature landscaping Fruit orchard: mango, citrus, papaya, macadamia nuts, and more. Extended driveway to back of property with additional catchment tank, graded area, and irrigation lines in place This property offers unmatched flexibility for multi-family living, extended family, or rental income. Some ceilings and interior details remain unfinished, allowing the new owner to customize and transform this remarkable property into a true island dream estate. Designed with flexibility and entertaining in mind, the home is ready for a buyer with vision to complete its full potential. Minutes to hardware, groceries, gas, and restaurants. Close to Naalehu, the famous Punalu’u Bakery & Black Sand Beach.