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MLS: 708520 (Active - For Sale)
 
Asking Price: $3,800,000 Fee Simple
Type: Residential
District: North Hilo
Street: 34-144 Kaihuiki Rd
Neighborhood: Waikaumalo - Maulua Homesteads
Beds: 4   Baths: 5 Full / 1 Half
Living Area: 3,760 SF
Land Area: 12.85 Acres
Pool: Yes
Parking: Covered
Days on Market: 269
(The Price of the property was lowered by $150,000 on 07/10/2024)
Year Built: 2008
Zoning: A-20A
Roads: County,Paved,Private
Land Recorded: Regular
Property Taxes: $7,343,.03
Assessed Value: $1,686,100
Assessed Ratio: 225.37%
Listing Courtesy: Real Broker LLC
Terms Acceptable: Cash,1031 Exchange
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All Homes For Sale in Waikaumalo - Maulua Homesteads

Resort style tranquil retreat with rental income on the Hamakua Coast.

The Royal Palms Estate, a busy Vacation Rental retreat, is available for showings August 21- September 8th.

Situated in Ninole on the Big Island’s Hamakua Coast, this 12.845 acre, 5 bed/5 bath, 3700sqft estate home with 3900sqft of covered lanai boasts uncompromising 180-degree ocean views and offers the ultimate in privacy and tranquility.

Built as a retreat from the pressures of daily life, Royal Palms Estate has a rich history. With a 100 year old donkey barn dating back to the sugarcane days, this property currently operates as a hosted vacation rental, a Lychee Farm, and was a setting for the Reality TV Show “Love Island.” It is not just another luxury resort indistinguishable from others, but a unique expression of a love for Hawai’i and time spent in nature with ‘ohana.

Yes, it has a large infinity-edge pool with a swim up bar, lava rock waterfall and hot tub. Of course it has an open plan living area, with an extra-large kitchen, pool table and home theater. Beautiful finishes and amazing flooring and high quality cabinets and large bathrooms and stunning views from nearly every room are a given. And yes, you can watch whales and incredible sunrises from the covered lanai. All while enjoying the literal fruits of the land: coconuts, oranges, lemons, starfruit, mangoes, lychee, mangosteen, tangerines, tangelos, lemons, limes, bananas, longan, mulberry, loquats, kumquats, and avocados - surrounded by thousands of palm trees.

And now, it can be yours.

Link to Matterport Tour: https://my.matterport.com/show/?m=hpfkdeNUPJH


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3 Comparable Homes Sold in Waikaumalo - Maulua Homesteads (Last 12 months)
Description List Date Sold Date List Price Sold Price
4 Bed 3.5 Bath04/26/202301/31/2024$899,000$870,000
3 Bed 4 Bath08/17/202409/11/2024$1,600,000$1,600,000
4 Bed 3.5 Bath12/03/202302/22/2024$1,650,000$1,500,000
Average Price:  $1,323,333

 
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Copyright: 2014 by Hawaii Information Systems.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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