Your furnished oasis awaits! Removed from the main road, a private easement brings you this rare find- a fenced and gated property of just over 10 acres less than 20 minutes from Hilo. Surrounded by mature trees and numerous varieties of colorful ornamentals, the property is private and tucked away, bordered on one side by an accessible stream with waterfalls and pools. Sitting at 1,500' elevation, be greeted by sunrises and views of the ocean and coastline of Hilo. The main house is a two-story cedar-sided home with tall ceilings and generous natural light. Enter through double doors to the foyer that leads to guest quarters featuring a full bathroom with jetted tub and walk-in shower. Upstairs, the spacious primary bedroom with skylight and private ensuite features a walk-in shower, dual sinks and walk-through closet. Adjacent to the loft-like bedroom is a large kitchen and dining space and half bath, ideal for entertaining. The upstairs is flanked by two more lanais, both of which can be accessed from the primary bedroom or main living area. The front lanai is a great place to work or entertain, and the view lends itself to gorgeous morning sunrises over the ocean. As a bonus for guests or for rental potential, the property features a charming and private cottage with two bedrooms, one bath, a kitchen, its own laundry, a large, covered lanai, and covered parking. Its roof holds 24 net metered PV panels that supply power to both units, which are separately metered. For the fabricators- a 800sf metal workshop with concrete floors and 220V electric is onsite, and the bookworms can enjoy a detached library with handsome built-in shelving. Imagine going for a dip in your own private mountain-water stream, entertaining guests in a sun-drenched space overlooking forest and bay, and gazing at the Milky Way underneath canopies of aromatic rainbow eucalyptus. Enjoy the beauty and privacy this property affords without losing the luxuries of proximity to Hilo.
Multi-familyProperty Type
1982Year Built
10.08 acresLot Size
$434Price/Sq.Ft.
2 car garageParking
Listed by Wailana Herbst• Corcoran Pacific Properties
CRAFTSMAN'S PARADISE & INVESTMENT FOR THE FUTURE!!! Serenity Abounds in this Beautiful Custom Multifaceted Masterpiece Home!! This private ten acre ocean view estate has it all! Custom built main house with impeccable craftsmanship and attention to detail, efficiency dwelling, detached library, engineered photovoltaic net metered solar/electric system, workshop and stream with 10’ high waterfalls and multiple swimming holes up to 4’ deep, are just a few of the property's highlights, all less than fifteen minutes from town. The main house is truly a masterpiece with Port Orford STK Cedar T & G siding and framed in redwood. It has a lower level with two guest bedrooms, bathroom with jetted tub, walk-in shower and foyer with walkout access to covered porch, two car garage and path to gazebo library. An elegant staircase made of two tone bamboo leads to an upstairs living space with open concept living room and kitchen with cathedral ceilings . . . boasting ocean, mountain, city and pasture views in every direction. Access balconies from either side of the living room and the master bedroom suite. Oversized master bedroom has large skylight over the bed perfect for stargazing, sitting/reading area, office space, and ensuite bathroom with open air closet designed for tropical climate. Solid engineered bamboo hardwood flooring throughout and unique features provide warmth and character to this stunning home. Guest cabin has open recreational area with wet bar and microwave, two sleeping quarters, bathroom and large back lanai with steps into the garden. Path leads to a built in staircase winding down to the river, lining one side of the property, to small waterfalls and a swimming hole. The property has over 10 varieties of subtropic hardwood timber, 1-15 years of age, planted to establish a sustainable and future marketable forested area. There is also an 800 sf workshop and gazebo library ideal for both creating and relaxing in this tropical paradise.
HiCentral MLS #201933977
May 21, 2020
Sold
$950,000
$254/sq ft
Mar 23, 2020
Contingent
—
Feb 13, 2020
Price Changed
$970,000
$260/sq ft
Dec 4, 2019
Listed
$997,500
$267/sq ft
CRAFTSMAN'S PARADISE & INVESTMENT FOR THE FUTURE!!! Serenity Abounts in this Beautiful Custom Multifaceted Masterpiece Home!! This private ten Acer ocean view estate has it all! Custom-built the main house with impeccable craftsmanship and attention to detail, recreational guest cabin, gazebo library, engineered photo-voltaic net-metered solar/electric system, workshop and stream with 10' high waterfalls and multiple swimming holes up to 4' deep, are just a few of the properties highlights all less than fifteen minutes from town. The main house is truly a masterpiece with Port Orford STK Cedar T&G siding and framd in redwood.
HI Information Service #610819
Sep 24, 2018
Listing Removed
—
Aug 2, 2018
Price Changed
$1,400,000
$375/sq ft
Nov 7, 2017
Listed
$1,600,000
$429/sq ft
HiCentral MLS #201629310
May 9, 2017
Listing Removed
—
Dec 14, 2016
Listed
$1,555,000
$417/sq ft
HI Information Service #292783
May 12, 2017
Listing Removed
—
Aug 2, 2016
Listing Removed
—
May 12, 2016
Listed
$1,550,000
$415/sq ft
Public Records
Aug 24, 2001
Sold
$215,000
$58/sq ft
HI Information Service #100052
Mar 28, 2001
Listed
$225,000
$60/sq ft
Public Records
Mar 9, 1990
Sold
$186,000
$50/sq ft
Public Records
Jan 1, 1989
Sold
$70,000
$19/sq ft
Public Records
Jan 1, 1989
Sold
$80,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,314 (+3.5%)
$558,100 + $856,200
$1,414,300
2024
$7,069 (−39.2%)
$548,300 + $824,800
$1,373,100
2023
$11,630 (+115.8%)
$548,300 + $824,800
$1,373,100
2022
$5,389 (+3.4%)
$476,800 + $767,000
$1,243,800
2021
$5,211 (+21.1%)
$342,200 + $654,100
$996,300
2020
$4,303 (+3.9%)
$342,200 + $625,100
$967,300
2019
$4,140 (−1.2%)
$311,100 + $598,500
$909,600
2018
$4,192 (+40.9%)
$352,400 + $565,900
$918,300
2017
$2,974
$352,400 + $539,200
$891,600
Tax history for 2881 Kaiwiki Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,314 (+3.5%)
$558,100 + $856,200
$1,414,300
2024
$7,069 (−39.2%)
$548,300 + $824,800
$1,373,100
2023
$11,630 (+115.8%)
$548,300 + $824,800
$1,373,100
2022
$5,389 (+3.4%)
$476,800 + $767,000
$1,243,800
2021
$5,211 (+21.1%)
$342,200 + $654,100
$996,300
2020
$4,303 (+3.9%)
$342,200 + $625,100
$967,300
2019
$4,140 (−1.2%)
$311,100 + $598,500
$909,600
2018
$4,192 (+40.9%)
$352,400 + $565,900
$918,300
2017
$2,974
$352,400 + $539,200
$891,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
10.08 Acres
Year renovated
1982
Sq. Ft.
704
Year built
1982
Style
Single Family Residential
County
Hawaii County
APN
3260110280000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
A-10A
Agricultural District - 10 Acres
The A (agricultural) district provides for agricultural and very low density agriculturally-based residential use, encompassing rural areas of good to marginal agricultural and grazing land, forest land, game habitats, and areas where urbanization is not found to be appropriate. A-10a is an agricultural district with a minimum building site area of 10 acres.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Housing-Group
Housing-Single unit
Kennel
Veterinary clinic
Agriculture-Cropland
Agriculture-Pastureland
Nov 4, 2013 • Final
Residential single family electrical
Install a roof-mounted photovoltaic system on an existing residential building.
Electrical
Solar
Oct 22, 2013 • Final
Residential
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.