Views - Golf Course
Address
65-1466 KAWAIHAE RD Kamuela, HI
Price
$ 5,200,000
Property Attributes
  • MLS#644134
  • TypeSingle Family
  • CountyHAWAII
  • CityKamuela
  • AreaSouth Kohala
  • NeighborhoodKEANUIOMANO
  • Zip96743
  • Style
  • Year Built1936
  • Taxes92892
  • Price$ 5,200,000
  • Bedrooms13
  • Full Bathrooms13
  • Half Bathrooms0
  • Sqr Footage13660
  • Lot Size11.33 Acres
Listing Provided Courtesy Of:
Corcoran Pacific Properties
Property Description

This iconic upcountry landmark residence in Waimea on the Big Island of Hawaii has long been an important part of the Island’s history. The exceedingly rare Leasehold, V-125 Resort zoning is in addition to the farming and ranching component the Big Island is famous for; this residential compound also presents opportunities for commercial usage. Consisting of 3 contiguous lots totaling approx. 11.3 acres, the main house w/10 bedrooms and bathrooms, 2 commercial kitchens, a Koa wood library/billiard room, a Honduran Mahogany cocktail lounge and bar, a grand dining room, and a stream side guest house of 3/3. Total approx. combined living space is 13,660. The highest and best use today may be to create a Family and Friends retreat and safe haven nurturing your family and community while establishing a farm to table lifestyle; this property allows for all of that. Acquired in the mid 60’s by Laurance Rockefeller as his private residence while he developed the famed Mauna Kea Beach Hotel, he knew a good ranch and beach property when he saw one. He hosted many famous people and dignitaries at this exclusive ranch estate including Kennedy’s and Kissinger’s while expanding greatly on the original 1897 plantation home. For the last 27 years the owner has stewarded the property and w/39 years left on the lease, is ready to graciously hand it off. The 2020 County of Hawaii combined tax assessed value for all 3 lots is $8,042,700; a commercial opinion of value came in at $8-12,000,000. The renovation cost of the asset has been factored into this historic new low list price. The property is approx. 5-20 minutes to the Gold Coast w/5-star hotels, world class golf and beaches, 2 Presidential-award winning college prep schools, Kahilu Performing Arts and N. Hawaii Community Hospital. Lease expires in June 2059; annual rent is currently $3,200.00 and will increase at $24 per acre every 10 years. Current annual taxes as listed are for all 3 lots combined. SOLD AS IS.

Price History
12/1/2020 Listed $5,200,000

General Features

Appliances Double Ovens, Disposal, Dishwasher, Freezer, Refrigerator, Range/Oven, Range Hood, Other (remarks)
District South Kohala
Features Ceilings-9'+, Built-in-Book Shelves, Exterior Lighting, Gazebo, Inventory, Landscaped, Meeting Room, Office, Recreation Area, Recreation Room, Storage Area, Other (remarks), Bar-Wet, Walking/Jogging Path
Flood Zone X
Internet Availability Cable, DSL, Satellite
Land Tenure Leasehold
Location 65-1466 KAWAIHAE RD
Power Gas
Property Type Residential
Subdivision KEANUIOMANO
Subdivision Abbreviated Name KEANUIOMANO
Telephone Availability Cable, Cell, Land Line
Topography Fairly Level, Gentle Slope, Rolling Terrain, Other (remarks)
Tv Availability Satellite, Cable
View Canyon, Mountain, Ocean Horizon, Pasture, Other (remarks), Sunset, Sunrise
Wastewater Cesspool, Septic
Water County, Municipal, Other (remarks)
Zoning V-1.25

Interior Features

Fireplace Features Wood Burning
Floor Covering Hardwood
Washer/dryer Dryer, Washer

Exterior Features

Frontage Pasture, Preservation, Road/Street, River, Stream/Canal, Other (remarks)
Land Area 493535
Lot Description - Land Grassy, Rocky, Other (remarks), Wooded
Pool Y/N No
Roads Paved
Structures Yes
Vehicle Storage/parking Detached, Other (remarks), Unassigned

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96743

Price
AVG $4.67M
$5.2M
Taxes
AVG $28,700
$92,892
Visits
AVG 40
13
Year Built
AVG 2000
1936

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