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A Luxury Investment Opportunity at Ola Kai Estates

Hawaii Development Group Lailan Bento February 18, 2024

6 Bedroom | 5.5 Bath | 5263 Sq ft | 4.96 Lot size 
 
Listed: $ 2,100,000
 
Listed by Pukanala Llanes | RS-83191
 
  • Location: Nestled along the Hamakua coast, 15 minutes outside of Hilo, Hawaii.
  • Land Size: Nearly 5 acres of lush Hawaiian landscape.
  • Agricultural Features: Approximately 480 cacao trees; an orchard with mangosteen, dragonfruit, lychee, starfruit, longan, lemon trees, tangelo, avocado, bananas, naval oranges, grapefruits, kumquat, white pineapples, papaya, and chili pepper.
Main Home: Spacious 3 bed, 3 bath house with over 2,200 sqft of living area. Features include:
 
  • Large dedicated office
  • Newly upgraded kitchen with gas range, custom cabinetry, and a copper sink
  • Vaulted ceilings
  • Two primary suites on opposite ends
  • Mudroom with laundry facilities
  • 1,000 sqft screened-in lanai turned into a tropical-themed tiki room
  • Two separate two-car garages
  • 20-panel PV system with Tesla batteries, owned outright
Cottage: 3 bed, 2 bath home with two entrances, ADA-assistance features, and panoramic ocean views from the covered gazebo. Ideal for extended family or rental opportunity.
 
Studio: Over 1,900 sqft of living space with:
 
  • A powder room, dedicated office, and storage closet
  • Recreational area with a pool table, ping pong table, foosball table, conference tables, and gym equipment
  • Oversized deck with 845 sqft of outdoor space, built-in hot tub, and outdoor shower
Sustainability: 20-panel PV system with Tesla batteries for energy efficiency.
 
Investment Opportunity: Unique blend of luxury residential and agricultural potential, offering income opportunities through cacao production and potential rental income.
 
Discover Ola Kai Estates, a stunning estate on the Hamakua coast, just 15 minutes from Hilo. This 5-acre property blends agricultural and residential features. It’s a unique find in Hawaii’s real estate market.
 

At the Heart of the Estate

You’ll find around 480 cacao trees. They offer a luxurious and sustainable entry point with income potential. The estate boasts several permitted structures. Each has its charm and serves various lifestyles.
 
The main house features 3 bedrooms and 3 bathrooms across 2,200 sqft. It includes a large office, ideal for remote work. The kitchen has been upgraded with a gas range, custom cabinets, and a copper sink. The house also offers vaulted ceilings and two main suites for privacy. A 1,000 sqft lanai is now a tiki-themed entertainment space.
 
For versatility, the “Cottage” provides a 3-bedroom, 2-bathroom setup with ADA features. Its gazebo offers ocean views. This makes it great for families or as a rental.
 
The “Studio” is a recreational spot. It has 1,900 sqft of space, an office, and a deck with ocean views, a hot tub, and an outdoor shower. It’s equipped for fun and fitness with a pool table, ping pong, and gym gear.
 
An orchard with fruit trees like mangosteen and lychee adds to the estate’s charm.
 

Ola Kai Estates is More Than a Home

It’s a luxury lifestyle and investment opportunity. With its mix of agriculture, versatile living spaces, and views, it’s unmatched in Hawaii real estate.
 

Interested in Luxury Property in Hawaii?

Ola Kai Estates offers tranquility, luxury, and income. Contact us to learn how you can own this paradise or add it to your portfolio. Don’t miss your chance to own Hawaii’s beauty and luxury, a daily retreat into paradise.

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We encourage you and your ‘ohana to reach out to one of our agents or all of our agents because we are always more than happy to help you and your ‘ohana find your next aloha lifestyle home within Hawaii real estate! Our team is always available to do any property search for you to ensure your needs and wants are met.