4 West Hawaii Real Estate | March 29, 2017 Featured Property Spectacular Hamakua Coast views An amazing, oceanfront parcel in Laupahoehoe offers a rare opportunity to own a slice of Old Hawaii on which to build the home of your dreams. Located in Waipunalei Homesteads, this 9.51-acre parcel overlooks historic Laupahoehoe Point and features unparalleled views and spectacular scenery. “This fantastic property has huge ocean-view exposure,” said Bob Hudspeth, listing agent with Coldwell Banker Maryl Realty. “You couldn’t touch a piece of property like this on the West side for under $20 million. It really is something very special. It’s darn near perfect.” The most likely buyer will be someone who wants to build their dream home and the retreat of a lifetime, says Bob. Nicely situated in the middle of the Hamakua Coast, the property is accessible to the commercial centers of Honokaa and Hilo, both within 20 minutes of Laupahoehoe. “It’s remote enough that you feel like you’re all by yourself, but you’re close enough to everything you need,” he said. “To get to the property, you take the same turn from the highway that leads to Laupahoehoe Point. There is such a calming feel when you get there; it makes you want to put your feet up and relax. It’s absolutely gorgeous, and the point itself is awesome.” The property includes an existing house, built in 1936. It is located on the southwestern corner of the property and is currently tenant occupied. The house itself is in need of TLC, but the house is not the primary reason one would buy this property, said Bob. The parcel is zoned for agriculture. Bob notes that the current owner of the property leases some of the land to a local rancher who keeps his cows in the pasture. A future owner could, if desired, continue this boarding arrangement to take advantage of the tax benefi ts of owning agriculturally zoned property. Once a thriving sugar plantation town, the historic community of Laupahoehoe features a public library, post offi ce, churches, a community gym and swimming pool, and a small grocery store. Visitors to Laupahoehoe enjoy the Train Museum that honors the area’s rich history and the old Hilo Railroad, which existed from 1899 to 1946. There’s also the Laupahoehoe Beach State Park, which showcases amazing views of crashing waves and dramatic scenery. The property, which can be seen from Laupahoehoe Point, presents an opportunity of a lifetime to own oceanfront land in a spectacular area. Visit the ColdwellBankerMaryl.com to view the aerial tour of the parcel. Featured Home LISTED BY: Robert Hudspeth, (RS) (RS-55464) Coldwell Banker Maryl Realty (RB-16961) Email: KohalaBob@yahoo.com Phone: 896-3066 Website: ColdwellBankerMaryl.com MLS: 601338 Price: $999,999
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