Pepeekeo, HI 96783,28-1385 OLD RAILROAD WAY
Pepeekeo, HI 96783,28-1385 OLD RAILROAD WAY
Pepeekeo, HI 96783,28-1385 OLD RAILROAD WAY
$525,000
Est. payment /mo
$550,000
4.5%
Est.Price: ?

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SOLD DATE : 06/03/2025

Key Details

Sold Price $525,000

Property Type Vacant Land

Sub Type HIS Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Pepeekeo Point Subdivision

MLS Listing ID 719929

Maintenance Fees $1,000

Annual Tax Amount $1,514

Tax Year 2024

Property Sub-Type HIS Vacant Land

Property Description

A truly rare offering—this 5-acre parcel in the sought-after community of Pepeekeo Point Gardens is one of the few build-ready lots available. With a private well already installed, perimeter fencing in place, developed road infrastructure, and multiple cleared home site envelopes, this property is ready for your vision.

The land features gently rolling pasture with deep soil, ideally situated at a 200-foot elevation—perfect for cultivating tropical fruits and crops. From its elevated position, enjoy ocean vistas and the refreshing trade wind breezes famous along the Hamakua Coast.

Bordering the southern edge of the property is year-round Makea stream with easy, sloped access. A short walk along the stream leads to a unique and historic tunnel, once used as a flume during the plantation era, offering a rare glimpse into Hawai‘i's agricultural past.

This neighborhood offers coastal ocean access less than half a mile away, ideal for scenic walks or bike rides, and Downtown Hilo is just 10 miles from your doorstep.

Location

State HI

Community Pepeekeo Point Subdivision

Area Hi

Zoning A-20a

Exterior

Utilities Available Electricity Available, Phone Available

View Y/N Yes

View Forest, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon

Waterfront YN false

Building

Lot Description Cleared, Grassy, Wooded

Sewer None

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Fee Simple, Standard

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Hawaii Information Service (HIS)
Listed by Salt Water Real Estate LLC

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agent

Jennifer Bien

+1(808) 938-3052

Agent | License ID: RB-24077

Agent License ID: RB-24077

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