32-1056 OLD MAMALAHOA HWY $9,950,000

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    32-1056 OLD MAMALAHOA HWY NINOLE, HI 96780

    • 5 Beds
    • 4.03 Baths
    • 7,422 sq. ft.
    • Single Family
    • MLS# 640242
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    Views: 361 Days On Site: 232

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    Property Details

    *Seller Motivated* This magnificent oceanfront estate incorporates all of the natural beauty and amenities found at luxury resorts around the globe. Situated on more than nine acres in Ninole on Hawaii Island's stunningly beautiful northeast coast, Water Falling Estate sits cliff-side on a promontory overlooking the Pacific Ocean.

    Its moniker is a nod to the two natural waterfalls that cascade into the ocean on either side of the residence. Gated and blissfully private, the spacious, solidly built home is a four-story reinforced superstructure designed with large open floor plans for flexibility in creating various floor plans. Quality and elegance is evident in every detail. The many highlights include a rooftop deck and a central Daytona 52-inch round pneumatic air compression elevator providing easy access to all levels. Amenities include a parking structure topped with a lighted tennis/basketball court with stadium-style seating for 450 spectators, golf practice area, 9-holes of golf and a cliff side aquatic center. The center features a 25-meter Olympic swimming pool with three lanes and starting blocks, a 16-foot deep diving pool with elevated 7-meter platform and a 3-meter Duraflex Olympic springboard, one spa, a 25-meter children's pool, changing room with shower and sauna plus a wet bar, exterior grill and dining area.

    Water Falling Estate is a unique, one-of-a-kind gem on the Big Island of Hawaii. This property sale includes two TMK's 3-3-2-3-41; 3-3-2-3-23.

    • General Features
      • Subdivision WAIKAUMALO - MAULUA HOMESTEADS
      • Location 32-1056 OLD MAMALAHOA HWY
      • Land Tenure Fee Simple
      • Interior Area Total 7,422
      • Full Bathrooms 4
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 3
      • One-Qtr Bathrooms 0
      • Pool Y
      • View Coastline, Garden, Mountain, Ocean, Ocean Horizon, River, Sunset, Sunrise, Waterfall
      • Oceanfront Parcel Y
      • Taxes Annual $71,007
    • Building Features
      • Appliances Compactor, Convection Oven, Double Ovens, Disposal, Dishwasher, Freezer, Microwave, Refrigerator, Range/Oven, Wine Cooler
      • Washer Dryer Dryer, Washer
      • Telephone Availability Cell, Land Line
      • TvV Availability Satellite
    • Property Features
      • Land Area 411,206
      • Topography Level
      • Lot Description Land Clear, Grassy
      • Roads Private, Paved, State
      • Parking Description Covered, Attached
      • Water Private, Wells
      • Wastewater Cesspool
      • Solid Waste Disposal Trash None
      • Power Gas, Underground

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    Neighborhood

    96780 (NINOLE) Demographics

    33 Median Age
    242 Population Density (per sq. mile)
    31% College Educated
    $32,443 Estimated Median Income
    135 Estimated Total Home Owners
    76 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    721 Total Population
    Community data courtesy of LiveBy, Inc.

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $9,950,000
        9/24/2020 10:18:37 AM Price Reduced Source New Value: $9,950,000 -20.4%
        7/9/2020 8:19:00 AM New in Database Source New Value: $12,500,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 2/26/2021 1:20:52 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.