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Venture Sotheby's International Realty - Real Estate Agents in Pleasanton California home
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Marsha Goodman-Pryor
Venture Sotheby's International Realty
United StatesHawaiiKamuelaHamakua45-3514 NANAINA KAI ROAD

45-3514 NANAINA KAI ROAD
45-3514 NANAINA KAI ROAD Honokaa, Hawaii 96727 United States

$3,900,000
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Hamakua Coast Realty, Inc.

Listing Courtesy of Hamakua Coast Realty, Inc.
$3,900,000
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9
Bedrooms
6
Full Baths
1
Partial Bath
8,736 Sq Ft.
Interior
16.082 Acres
Exterior
Residential
Property type
2007
Year Built
660875
Web Id
660875
MLS ID
HAINA PALI KAI ESTATES
Subdivision
Hawaii Department of Education
School District
116
days ago

About 45-3514 NANAINA KAI ROAD

TWO HOMES OCEANFRONT PRIVATE 16 ACRE PROPERTY MAKAI of HONOKAA. 1) Makai home of more than 2,100 feet is a few hundred feet from the cliff edge. VERY QUIET. VERY PRIVATE. No neighbors - can't see another house. The only sound - the breeze whispering in the Ironwoods, and the surf on the rocks. Near the Cliff Edge and the Vast Pacific is a large level lawn for any type of gathering from weddings to drum circles. The light and airy, practical and comfortable 4-bedroom, 2-bath home, has an all Koa kitchen, koa interior trim, and a fireplace in the living room. From the generous plantation-style lanai look out over the lawn to the never-ending oceanview. The tip-top shape inside and out. A true sanctuary. 2) The Grand Mauka Resort-style 6,500sqft Estate House: Big Koa Kitchen. Grand High Ceilings. Big Bedrooms Wide Hallways. Big interior courtyard with a large 40 x 30 pool. Huge Ohia posts. Locally milled wood throughout. Ocean, coastline, and Maui views. 5 bedrooms. 4.5 baths. 3 fireplaces, guest wing/in-law unit, outdoor kitchen, and more... Owner's description - attached. Mauka Estate House has deferred maintenance and needs some TLC. It is a Beautiful Elegant Home, a Diamond in the rough - well worth polishing! This is an opportunity to create substantial equity (in its prime (and a softer market) was listed for $12M, in good condition was recently (2019) assessed at over $7.4M). Rough Estimate Replacement Cost Raw Land = $1.6M, (low) Estate House - 6,500 sqft @ $500 per sqft = $3.25M + lanais, courtyard ,and large pool,= $500K, Makai house 2,100 sqft @ $300 per sqft =$650K $1.6M + $3.25M + $500K + $650K = Replacement Cost = $6,000,000. Minus costs to renovate = equity. The high cost of materials and labor, plus the lengthy time required to permit and build a home, underlines the value of this property. Once-in-a-lifetime comes an opportunity like this! Make it your own.

Listing Courtesy of Hamakua Coast Realty, Inc.

Amenities

  • Dishwasher
  • Office
  • Refrigerator

PROPERTY INFORMATION

Appliances
Disposal, Dishwasher, Refrigerator, Range/Oven, Other (remarks), Wine Cooler
Parking Description
Covered, Attached
Pool
In Ground, Outdoor, Spa/Hot Tub
View
Coastline, Mountain, Ocean, Ocean Horizon, Pasture, Other (remarks), Sunset, Sunrise
Water
Municipal
Listing Courtesy of Hamakua Coast Realty, Inc.

Hamakua Coast Realty, Inc.

Listing Courtesy of Hamakua Coast Realty, Inc.
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