Price Reduction - Views
Address
28-2885 Kolekole Pl, Pepeekeo, HI
Price
$ 499,000
Property Attributes
- MLS#723762
- TypeSingle Family
- Listing Status A
- CountyHAWAII
- CityPepeekeo
- AreaSouth Hilo
- NeighborhoodKULAIMANO HEIGHTS SUBDIVISION
- Zip96783
- Style
- Year Built1978
- Taxes$ 921
- Price$ 499,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2220
- Lot Size0.27663 Acres
Data Source:
Hawaii Info Service (HISMLS)
Property Description
Nestled along the scenic Hmkua Coast on the Big Island of Hawaii, Kulaimano Heights Subdivision offers an ideal blend of peaceful countryside living and convenient access to modern amenities. Perched above the coastline, this sought-after neighborhood enjoys cool ocean breezes, sweeping views, and a serene settingjust 10 minutes from Hilo. Located in Lava Hazard Zone 8, one of the islands lowest-risk areas for volcanic activity, the location provides added peace of mind for homeowners. Welcome to 28-2885 Kolekole Placean expansive 6BD/3BA home on a cleared 12,000 sqft lot in the heart of Pepeekeo. Within close proximity, youll find schools, parks, beaches, a fire station, the new One Spot Hawaii shopping complex, convenience stores, a community center, and bus stops. This former approved care home offers nearly 2,200 sqft of interior living space and approximately 5,200 sqft under roofmaking it one of the largest homes in the area. Thoughtfully designed for functionality, it features a mix of single and double wall construction, a solar water heating system, multiple covered outdoor areas including front and rear lanais, a spacious open laundry/storage space (totaling 1,289 sqft), two large carports (totaling 1,738 sqft), and an additional 22 x 10 open garden shed. The fully fenced and gated property is lined with rock walls, chain link, and metal fencing for added security and privacy. Surrounded by lush greenery, rich soil, and cool elevation, this home is a hidden gem in the heart of Pepeekeo. Enjoy glimpses of Mauna Kea, nearby waterfalls, botanical gardens, and the breathtaking Onomea Bay coastlineperfect for nature lovers, gardeners, investors, and anyone seeking a slower pace of life. With modern cosmetic updates and while priced below appraised value, this property presents exceptional opportunity as a multi-generational home, a rental or investment property, or spacious forever retreat rooted in sustainable island living.
| Price History | |
|---|---|
| 9/18/2025 | Listed $589,000 |
| 6/30/2026 | 4$569,000 |
| 7/13/2026 | 8$529,000 |
| 9/2/2026 | 6$499,000 |
General Features
| Utilities | Electricity Available, Sewer Connected, Water Available |
|---|---|
| Appliances | Range, Range Hood, Refrigerator, Washer |
| Zoning | RS-10 |
| HOA Fee | 0.0 |
| Land Tenure | Fee Simple |
| Year Built | 1978 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Full |
| Assoc Fee Paid Per | Monthly |
| Property Type | Residential |
| Subdivision Name | KULAIMANO HEIGHTS SUBDIVISION |
| Full Baths | 3 |
| Status | A |
| City | Pepeekeo |
| Lot Size Units | Square Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 921.06 |
| Home Warranty Y/N | No |
| Virtual Tour | https://drive.google.com/file/d/1X_-4nUfTqZdm2PqHIEfFO4DCgXAB9Bb2/view?usp=sharing |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 349800 |
| Tax Lot | 40 |
| Listing Terms | Cash, Conventional |
| Assoc/CIC | None |
| AttributionContact | 8083457856 |
| LeasableAreaUnits | Square Feet |
| Structures YN | No |
Interior Features
| Flooring | Carpet, Ceramic Tile, Laminate, Vinyl |
|---|---|
| Total Bedrooms | 6 |
| Total Baths | 3 |
Exterior Features
| Fencing | Chain Link, Other, Stone |
|---|---|
| Parking Features | Attached |
| Water Source | Public |
| Lot Size Area | 12050.0 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 96783
Price
Taxes
Year Built
Visits
2026© by Hawaii Information Service©. All Rights Reserved.
The information provided by AlohaLiving.com® has been compiled and provided in conjunction with 3rd Party sources. This information has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Last Update: September 12, 2026 3:18 AM UTC
