Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Island Properties
Property view
Listing view 2
Listing view 3

27-870 Old Mamalahoa Highway, 
Pepeekeo, HI 96783

$3,750,000


Bed


Bath


-

Sq Ft


40.89

Acres (Lot)


Land

Active

Listed by

Jared C Gates

Big Island Homes & Land Co., Ltd.

808-935-6874

Last updated:

January 7, 2026, 12:29 PM

MLS#

708103

Source:

HI HIS

About This Land

27-870 Old Mamalahoa Highway

Kawainui Stream runs down from the slopes of Mauna Kea, and through waterfalls and a perennial flow meets the Pacific Ocean in a gorgeous estuary. This estate encompasses two 60 - 80 foot waterfalls each with incredible swimming ponds. Forty acres of land on the coastline of Onomea Bay planted in Hardwood trees with Kawainui (big water) gulch, waterfalls, and a river that flows to the ocean comprise this offering. This property represents an outrageous unique lifestyle with many building sites along the coast with incredible ocean and Hilo coastal views. Located on the Scenic Onomea Bay drive just 10 - 15 minutes from Hilo town, the hospital, university, and all of the conveniences that it enjoys. HELCO has confirmed that electricity is available. Can you imagine being the steward of such an incredible resource on the Hamakua Coast? This is a rare and special property that embodies old Hawaii Nei. The ocean access is an estuary with spawning fish, the cliffs are home to ocean faring birds, the views are limitless. On this canvas have been planted acres of valuable hardwood trees; African and Honduras Mahogany trees many of which are large enough to be harvested and used onsite or to be sold, there is also Teak and Queensland Maple planted 20 years ago. The Hilo side of the property is fenced, it is fronted with an Arica Palm hedge and the northern side's boundary is the gulch on the other side of the waterfalls and river. There is a water well that was installed years ago and could be rejuvenated near the front of the parcel. The adjacent 40 acre parcel is also listed for sale: tmk # 3-2-7-11-1 for a total of 80 acres of oceanfront land. Truly this is one of the most special and historic land offerings on the Island of Hawaii. The possibilities are endless and this acreage calls for a steward of the land to care for and to cultivate this land to it's highest potential.

Land Facts

Description/Design:

Land

Lot Size (Acres)

40.89

MLS #:

708103

Last Updated:

January 7, 2026, 12:29 PM

Added:

1 year(s) ago


Finances & Disclosures

Finances

Price:

$3,750,000

Source:HI HIS
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.