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286 Kaiulani St

Hilo, HI 96720
  • $2,495,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 668254
UPDATED: 86 min ago
$2,495,000
  • 3
    BEDS
  • 2.25
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,696
    SQFT
  • $925
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2002
Area:

School Ratings & Info

Description

Built on the edge of a bluff adjacent to a double 25-ft. waterfall on the Wailuku River, the famed retreat Falls at Reeds Island is a complex mix of tropical magic, zen energy, solitude, and modernism. Surrounded by state and conservation land, at the edge of the property another 85-ft. waterfall cascades into the 700-ft. of river frontage. The home is a work of art with the closeup views of the falls and natural rainforest prevailing from every room. The minimalist interiors of 2,696 sq.ft. complement the environment and vice versa. Built of Port Orford, OR cedar and supported by locally sourced Ohia post, a long breezeway entry screened from floor to ceiling connects the homes 3 living pavilions. The late San Francisco architect David Morton created this vertical structure to meet the physical challenges of the 2.249 ac. long, narrow parcel bordered by 2 gulches, the rain forest and the river with the result being a home of distinction hailed in the NY Times as well as multiple award-winning travelsites with 5-star ratings for this successful vacation rental. Known as Koloiki, Reeds Island is a 26-ac. enclave shaped by the Wailuku River, the largest in the state. Once home to Hawaiian royalty, Koloiki was sold by King Kamehameha IV to William Reed in 1861. Accessible by a small bridge, Reeds Island is situated just 1 mile from historic Hilo but feels like a time capsule of Old Hawaii. In a bygone era, this neighborhood was where the local affluent families built their homes. Hilo is the last place of the 4 larger islands still free of the pressure of rapid expansion and famous for its rainfall and lush jungle vegetation. The guest population is a resourceful and adventurous breed looking for a true retreat, an escape to solitude and natural beauty set in a town of socio and ethnic diversity with a strong scientific and cultural community. This estate located at the very end of the island's only road, is the most prestigious and privileged setting on the island.

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© 2023 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Life Real Estate Brokers. Data last updated: 2023-06-08T15:34:29.927.
www.searchhawaii.net/homes/139579403
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286 Kaiulani St Hilo, HI 96720

  • Price: $2,495,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 86 min ago
  • MLS #: 668254
3
Beds
3
Baths
1
½ Baths
2.25
Acres
2,696
SQFT
$925
$/SQFT
2002
Built
Neighborhood:
Reeds Island
Area:
South Hilo
Property Description
Built on the edge of a bluff adjacent to a double 25-ft. waterfall on the Wailuku River, the famed retreat Falls at Reeds Island is a complex mix of tropical magic, zen energy, solitude, and modernism. Surrounded by state and conservation land, at the edge of the property another 85-ft. waterfall cascades into the 700-ft. of river frontage. The home is a work of art with the closeup views of the falls and natural rainforest prevailing from every room. The minimalist interiors of 2,696 sq.ft. complement the environment and vice versa. Built of Port Orford, OR cedar and supported by locally sourced Ohia post, a long breezeway entry screened from floor to ceiling connects the homes 3 living pavilions. The late San Francisco architect David Morton created this vertical structure to meet the physical challenges of the 2.249 ac. long, narrow parcel bordered by 2 gulches, the rain forest and the river with the result being a home of distinction hailed in the NY Times as well as multiple award-winning travelsites with 5-star ratings for this successful vacation rental. Known as Koloiki, Reeds Island is a 26-ac. enclave shaped by the Wailuku River, the largest in the state. Once home to Hawaiian royalty, Koloiki was sold by King Kamehameha IV to William Reed in 1861. Accessible by a small bridge, Reeds Island is situated just 1 mile from historic Hilo but feels like a time capsule of Old Hawaii. In a bygone era, this neighborhood was where the local affluent families built their homes. Hilo is the last place of the 4 larger islands still free of the pressure of rapid expansion and famous for its rainfall and lush jungle vegetation. The guest population is a resourceful and adventurous breed looking for a true retreat, an escape to solitude and natural beauty set in a town of socio and ethnic diversity with a strong scientific and cultural community. This estate located at the very end of the island's only road, is the most prestigious and privileged setting on the island.
Exterior Features

Design ConcreteDouble WallOther (Remarks) Fence Chain LinkRock/StoneOther (Remarks) Frontage Road/StreetRiverOther (Remarks) Land Tenure Fee Simple Lot Description CornerClearCul De SacDead EndGrassyRim LotRockyOther (Remarks)Wooded Ocean Front No Pool Yes Roads CountyPrivatePaved Topography Gentle SlopeRolling TerrainOther (Remarks)Terraced View ForestGardenRiverOther (Remarks)Waterfall

Interior Features

Appliances DisposalDishwasherMicrowaveRefrigeratorRange/OvenRange HoodOther (Remarks) Floors ConcreteOther (Remarks) Washer Dryer DryerFront LoadWasher Window Coverings Blinds

Property Features

Assessed Value 1224700 Assessment Year 2022 Distressed Standard Sale Features Ceilings-9'+Ada AccessibleBuilt-In-Book ShelvesEnclosed LanaiExterior LightingLandscapedOfficeStorage AreaSmoke/Heat DetectorSkylightOther (Remarks) Lava Zone 3 Lot Number 7 Phone Service CableCellLand Line Power OverheadUnderground Property Type Residential Security None Sewer Septic Solid Waste Disposal Private Contractor Tax Key 323026002 Taxes 13594.00 Terms 1031 ExchangeCashConventional Tv Availability Cable Vehicle Parking Unassigned Water CountyMunicipal Zoning Rs-15

Listing information © 2023 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Compass.


© 2023 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Life Real Estate Brokers. Data last updated: 2023-06-08T15:34:29.927.
 
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