29-2089 Old Mamalahoa Highway

MLS® 707980 (Hawaii Real Estate) is located at 29-2089 Old Mamalahoa Highway HAKALAU HI 96710 in WAILEA . The current listing status is Contingent. This 6 bed and 5 bath Home was built in and features 5263 finished sq.ft with a lot size of 4.97 acres. This property has a reported annual taxes of $11,454. This property is currently listed for an *asking* price of $2,000,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Ola Kai Estates is located along the Hamakua coast, 15 minutes outside of Hilo. Situated on almost 5 acres, with approx 480 cacao trees and multiple permitted structures, this property is a must see! The main home is a spacious 3 bed, 3 bath house with over 2,200 sqft of living area. It features a large dedicated office, a newly upgraded kitchen with a gas range, custom cabinetry and a copper sink with natural antibacterial properties. Other features include vaulted ceilings, two primary suites located on opposite ends of the home, and a mudroom with laundry facilities. There are two separate two-car garages and a 20-panel PV system with Tesla batteries that are owned outright. The main home has an additional 1,000 sqft of screened in lanai that the owners have turned into a tropical themed entertainment space known as the tiki room. The second home on the property, known as the “Cottage,” is a 3 bed, 2 bath home with two entrances. This space would be perfect for extended family or anyone needing ADA assistance as the primary bathroom is already set up with grab bars for safety. The carport entrance has a handicap accessible ramp, and the deck connects you to the covered gazebo with panoramic ocean views. The third structure, known as the “Studio,” boasts over 1,900 sq ft of living space, a powder room, dedicated office, and storage closet. This space is currently used as a recreational area with a pool table, ping pong table, foosball table, conference tables, and gym equipment. It also features a oversized deck with 845 sq ft of outdoor space, perfect for entertaining guests. The deck offers amazing ocean views, a built in hot tub, and an outdoor shower. On the upper portion of the property, there is a orchard with many other fruit trees including mangosteen, dragonfruit, lychee, starfruit, longan, lemon trees, tangelo, avocado, bananas, naval oranges, grapefruits, kumquat, white pineapples, papaya and chili pepper.