Motivated seller just dropped the price by $1m! Located adjacent to the Mauna Lani Resort and within walking distance to the Fairmont Orchid Hotel and Mauna Lani Auberge Hotel, this ultimate oceanfront compound is unique due to being one of the last remaining privately owned and fully entitled oceanfront holdings on the Kona-Kohala Coast, encompassing 7.45 acres of park-like residentially zoned property. Nani Paniau has almost 1,000 feet of westerly facing ocean frontage, ensuring privacy and tranquility and this gated property boasts 10 separate and legally subdivided parcels. The largest parcel, 1.79 acres, is improved with a 7,130 square foot, 7 bedroom, 7 bath, 2 half-bath residence, with large covered lanai, creating over 10,000 sf of seamless indoor-outdoor living, highlighted by a media room, wet bar/billiard room, exercise room and a free form oceanfront swimming pool and spa. All infra-structure is in place to accommodate an additional 9 homes.
Numerous stately coconut palms, mature Milo, Kou and beach Heliotrope trees grace the property. Nani Paniau also includes valuable archaeological sites with natural and man-made anchialine ponds interspersed around the property in an incredibly secluded setting and has been meticulously preserved and maintained.
Rarely does a property of this magnitude ever come available in Hawaii. The ultimate in privacy and yet only minutes from the Mauna Lani and Mauna Kea Resort, numerous restaurants, shopping and recreational opportunities.
Listing includes a total of 11 TMK’s: 3/6-9-1-7; 18; 19; 20; 21; 23; 24; 25; 26; 27; and 28. Concept site plans for various development scenarios.