$4,850,000 over 11,000SF 26.2 Acres on 5 Parcels 96ft Infinity Pool

REALTOR: Mike Drutar | Lic# RB-22119
808-895-3067
[e-mail]
www.NextHomeParadiseRealty.com
NextHome Paradise Realty | Lic# RB-23114
75-170 Hualalai Rd Ste D118, Kailua Kona, HI 96740
****Courtesy Listing: Edward Rapoza of Island Land Company MLS: 643786****
PRICING SUBJECT TO CHANGE
A rare opportunity to purchase a private estate in a lush setting close enough to civilization, but far enough away from the hustle and bustle of daily life. An estate of grand proportions. If you're seeking a luxurious lifestyle in a premier location, this home is hard to beat. Perfectly set up for hosting your extended family and guests with sweeping coastline views this residence boasts impressive dimensions.
The main residence boasts 9,452 square feet of living area. The interior features 6 classic comfortable bedrooms, 4 family rooms, 5 full and 2 half bathrooms, along with a contemporary kitchen, perfect for the frequent entertainer. The layout includes a spacious open-plan living area and a large media room that provides the ultimate haven for entertaining. Lazy summer days will be spent slipping into the resort-style pool for a dip. In addition to the main residence is a 1,870 square feet separate, self-contained guest house featuring 2 bedrooms and 2 1/2 baths.
Outstanding potential with substantial surplus land for future expansion. This private estate is also being sold with the following vacant lots:
TMK: 3-7-5-11-39, Lot E-1A, 5.0010 Acres, zoned Ag-5a
TMK: 3-7-5-11-40, Lot E-1B, 6.11 Acres, zoned Ag-5a
TMK: 3-7-5-11-41, Lot E-1C, 5.0010 Acres, zoned Ag-5a
TMK: 3-7-5-11-42, Lot E-1D, 5.01 Acres, zoned Ag-5a
A remarkable opportunity awaits for owner-occupiers and investors alike. Develop, rent out, or establish a stunning home and enjoy the lifestyle.
All INFORMATION IS RELIABLE BUT NOT GUARANTEED.
I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. DO NOT make buying or selling decisions based on Mike Drutar videos. If you need such advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. or financial advisor. Any use of other media is by fair-use only.

[@mgm5781]

A $5 million dollar tear down

[@toddinthemiddle]

or a years long project. i wouldn't know where to start...aside from having the 35 sinks and hot tub removed.

[@mb4029]

@@toddinthemiddle I mean most places cant even buy a decent view for 5mil let alone 20+ acres with it so if you have that kinda money dropping another 1mil to make it insane isn't much

[@billy1673]

Absolutely. Clearly not designed for a single family.

[@claudeleto324]

I would see a major remodeling to make several spacious rooms with bathrooms. So many changes at the top of my head. I like the kitchen appliances but for a family... that kitchen is huge... massive amount of work. The idea of having so much land to grow food is great,

[@billy1673]

Reminds me of Robin’s Nest from Magnum PI.

[@TheOtteroo]

One thing I noticed that was not mentioned, every single toilet on the entire property including the care takers house, has a bidet. That’s actually a huge Luxury convenience. Very popular outside the United States, I couldn’t live without mine because of a post surgical situation that just makes that nasty part of life carefree and clean. Very nice.

[@toddinthemiddle]

😗

[@TamaraLR]

WOW🤗 if I ever win BIG on the lottery...🤗❤️🇨🇦

[@billy1673]

The height of those counters, at 6’4” id feel like Gulliver. The only salvageable parts of that place are the pool area and driving range. Three years later, I’m curious if they ever sold it, and if it’s still standing.

[@clovely7727]

It’s my dream home 💖 Soon I will own this home 🏡. Thank you Thank you 🙏🏼 😇

[@HawaiiRealEstate]

Let's make it happen!

[@the_larsonfamily]

It has so much potential

[@HawaiiRealEstate]

agreed!

[@runningdogx]

I wouldn't sell any of the property. I'd turn the five acres just below the house into a farm and grow all my non-meat food, and put some cool outbuildings on it. I'd keep the rest as-is just so I wouldn't have close neighbors. I'd spend a couple of years and two or three million bucks on major renovations in the house. First on the list would be a giant, state-of-the-art movie theater. I'd also build an awesome outdoor kitchen with all the bells and whistles. What an incredible property.

[@HawaiiRealEstate]

It definitely has a lot going for it!

[@markschattner2278]

Looks like you need to find another Japanese company to buy it for a corporate retreat To bring it up to any kind of Western homestyle you're looking at at at least another 2 million dollars Is beautiful property Once you look at what's supposed to be a home just looks like Japanese business It's not trying to be racial just not everybody's style

[@ipsosmaati1971]

Too closed for Hawaii. There will be mold.

[@mrabrasive51]

Perfect house for a Mormon with 3 wives and 12 kids!.😁

[@jh58]

Sweeping changes could create Nirvana. Its got The View. Right now it's no cigar, may have to tear it down, if it can't be restyled into a fantastic Japanese home and garden.

[@genewest7271]

Too short for me, must rebuild entire inside for normal size people. My back aches just looking at this house.

[@HawaiiRealEstate]

Gotcha!

[@MTB_Rider_96]

I think I'll buy this property - wait a minute while I go buy a Powerball ticket.

[@HawaiiRealEstate]

You and me both!

[@anoorr7039]

Pool and ocean great👍. But ugly dark cluttered large badly designed building even for a corporate retreat.

[@nikomouse6583]

This thing is ugly! Awesome view and that's it.

[@dgould360]

Your calling the front covered area with columns a lanai ? We call that a portico

[@HawaiiRealEstate]

Here in Hawaii, it's a lanai :)

[@TheNazerNae]

This house has a haunted vibe 🤣... but your videos are great, Mike! Keep up the good work!

[@embg]

Great vids Mike - thanks for the content. Quick Q's: 1) Is financing a second home in Hawaii the same as 2nd home financing guidelines on the mainland? 2) How is vacation rental market (VRBO/AirBNB/Etc.) for homes like this - in these areas? (Is is allowed by HOA? Is is profitable?) Thanks!

[@HawaiiRealEstate]

aloha! Financing is the same here, so yes to that part. STVR's are pretty complex. For a house you have to 1. Have an association that allows it, 2. Have a special certificate grandfathering in use from before 2019. As for profit- that all depends on the property, popularity, rate, etc. It's a good way to get some money to cover carrying costs. If you can have a gross CAP of 6% here, thats good.

[@AAa-cf1oe]

💗

[@HawaiiRealEstate]

Thanks!

[@mb4029]

I'm sorry what was the demon noises when you went on the balcony sir?

[@cassandraberry8199]

U want pool access...U must mow the lawn 😂

[@HawaiiRealEstate]

Or pay somebody to do it

[@frankiegarcia9758]

4 million and I still gotta go that far to get to the beach?

[@denisevulliet7332]

The view is the best part. Every thing else is meh.

[@HawaiiRealEstate]

I was an odd one inside, for sure!

[@michaelstaruszkiewicz8798]

This Video is incorrect now as the new/present owner has broken up the parcels & is attempting to sell the 5 acre plot that contains the buildings described in this video for $7+ million US.

[@MTB_Rider_96]

This is a ridiculous property, that I would love to own.

[@HawaiiRealEstate]

Me too!

[@dhhan1867]

😻😻⚘

[@HawaiiRealEstate]

Thanks!

[@mrysenmason1168]

Yamaguchi-gumi

[@karineaudet6270]

...

[@michaellatta]

The layout seems really odd/choppy. Lots of closed off halls.

[@HawaiiRealEstate]

Definitely a unique one!

[@jannickrisunksu5349]

Degah

[@iiy3406]

Best View so far. Commercial use??

[@HawaiiRealEstate]

Depends- I hear it was targeted as a retreat of some sort. As an Ag zoned property, there is a list of specific business uses that are allowed. Anything else would require a Special Use Permit.

[@jasoneisert3915]

^^ bingo. They didn’t have a special use permit on the property. Can and cannot do many different things. It’s a process :)

[@davediamond7228]

to much of a commercial/corporate office building feel...it doesn't feel homey enough...an interior decorator would be first priority for new owner

[@HawaiiRealEstate]

That's exactly what they did! This one is back on the market now for over $5M, but without all those other lots.

[@laughingserpent8996]

😐 that meeting room gave out some occult vibes

[@HawaiiRealEstate]

lol! I think it could have a little more style and enhance it a ton!

[@DabWillDoIt]

Did this sell??

[@HawaiiRealEstate]

it did- twice!

[@DabWillDoIt]

@@HawaiiRealEstate still sold?

[@TheOtteroo]

Oh NO!…I went to the real estate page and saw that someone remodeled it. They put in a gal dang white kitchen,…ugh. They ruined it. The sit down showers are all gone…just ugh. From dream home to ugh in one misguided remodel. Just,…WHY?

[@HawaiiRealEstate]

Different folks like different things. Let's get you in one to make your own!

[@josephmorenoart]

Man, how do I get a job as a home care taker in Hawaii??

[@HawaiiRealEstate]

Get here- get to know the right people, get skilled at property management, get lucky

[@kokomo9764]

It is ok, but not for me.

[@javinhigashi8512]

Sheesh Is this marketed for a cult? That grand balcony for the rituals 😂

[@HawaiiRealEstate]

Or maybe wedding photos

[@tina8133]

Amen M Bing the Spirits and sending the to the abyss in Jesus Almighty name. Just emailed the mayor. This horrific act are the spirits returning. We must put on the whole armor of God in these last of days for the days are evil. But The Lord Almighty, Yeshua has given not given us a spirit of fear but of power and love and a sound mind!!

[@edwmac]

Looks like an impersonal hotel. Pretty awful really.

[@judithsears6032]

what a shame the way they set it up is terrible! that is not a paradise property in Hawaii....YUCK!!!