Now available: Once in a generation opportunity to own a sprawling 321 acre ocean view estate perched along the edge of downtown Hilo, bordering Wailuku River and Pukihae Stream.
With mountain views, panoramic coastal vistas, expansive exotic fruit orchards, and a large cattle ranch, these 16 separate parcels hold endless potential.
An abundance of prime building sites offer buyers the opportunity to develop multiple stream-front estates, or to hold as a land trust for future generations.
With immediate proximity to the Big Island’s growing center of commerce, this is a prized legacy asset.
Experienced farmers are currently in place to maintain the cattle ranch and fruit orchards, offering buyers the opportunity to take over these valuable assets with minimal management concerns.
The owner’s preference is to sell all 16 parcels (MLS 274715 and MLS 276297) to a single buyer for the price of $7.5 million. However, it may be possible to buy the north and south sides of the estate separately.
MLS 276297 (the north side of the estate) includes 7 parcels totaling 168 acres. It is priced at $3.55 million. These parcels are currently being leased out as a cattle ranch, and have fantastic ocean and mountain views. Four of these parcels have Pukihae Stream frontage.
MLS 274715 (the south side of the estate) includes 9 parcels totaling 153 acres. It is priced at $3.95 million. Ocean views abound. Four of the parcels enjoy stream or Wailuku River frontage. These parcels are also planted with hundreds of exotic tropical fruit trees including Lychee, Mangosteen, Longan, Rambutan, Citrus and Coffee. An experienced orchard management company currently runs the fruit operations.
A custom 3 bedroom, 2 bath home built on the south side of the estate (MLS 274715) is currently leased to a tenant. With high ceilings and hardwood floors, this comfortable ranch style home has a large patio with commanding views of Hilo Bay.
For info and pics sent instantly to your mobile device: Text “1549” to 79564.
For full images and virtual tour, go to: www.MaikalaniStreet.com