27-870 Old Mamalahoa Highway, PEPEEKEO, HI 96783

Property Description

Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow meets the Pacific Ocean in a gorgeous estuary. This estate encompasses two 60 - 80 foot waterfalls each with incredible swimming ponds. Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui (big water) gulch, waterfalls, and a river that flows to the ocean comprise this offering. This property represents an outrageous unique lifestyle with many building sites along the coast with incredible ocean and Hilo coastal views. Located on the Scenic Onomea Bay drive just 10 - 15 minutes from Hilo town, the hospital, university, and all of the conveniences that it enjoys. HELCO has confirmed that electricity is available. Can you imagine being the steward of such an incredible resource on the Hamakua Coast? This is a rare and special property that embodies old Hawaii Nei. The ocean access is an estuary with spawning fish, the cliffs are home to ocean faring birds, the views are limitless. On this canvas have been planted acres of valuable hardwood trees; African and Honduras Mahogany trees many of which are large enough to be harvested and used onsite or to be sold, there is also Teak and Queensland Maple planted 20 years ago. The Hilo side of the property is fenced, it is fronted with an Arica Palm hedge and the northern side's boundary is the gulch on the other side of the waterfalls and river. There is a water well that was installed years ago and could be rejuvenated near the front of the parcel. The adjacent 40 acre parcel is also listed for sale: tmk # 3-2-7-11-1 for a total of 80 acres of oceanfront land. Truly this is one of the most special and historic land offerings on the Island of Hawaii. The possibilities are endless and this acreage calls for a steward of the land to care for and to cultivate this land to it's highest potential.