With thundering twin waterfalls, endless ocean vistas, and an Olympic-sized infinity pool, the Big Island’s “Waterfalling Estate” is one of the most striking properties ever developed in the Aloha state.
Originally offered at $26.5 million in 2013, and later purchased at auction by a Kansas City-based entrepreneur and property collector, this 9.44 acre marvel spanning three streams is now back on the market for less than a third of its previous listing price.
“At $8.2 million, this estate is now priced at a bargain,” said Kelly H. Moran, principal broker of Hilo Brokers Ltd, adding, “this is a total trophy property.”
According to Moran, the current owners decided to sell the estate in order to be closer to their grandchildren in Missouri. “They’re very rooted in family,” he explained, adding, “this is a lifestyle choice, primarily.”
The property has gained international recognition for its rare combination of natural features, as well as its uniquely designed home: a 10,942 square foot three-story concrete superstructure perched high along an ocean bluff, with commanding views of the streams and waterfalls below.
Clad in Travertine tile, the same material used by Michelangelo in the finish of St. Peter’s Basilica, the expansive five bedroom, five bath mansion is built to withstand the forces of mother nature and father time alike.
A professional-grade tennis stadium and basketball court sit adjacent to the home, which is surrounded by eight-plus acres of golf-style landscaping.
Hilo Brokers listed the property for sale as of July 31st.
About Hilo Brokers, Ltd:
Hilo Brokers, Ltd has specialized in the sale of commercial, agricultural, and estate properties since 1992. With more than $500 million in closed sales, Hilo Brokers has served as the agency of choice for the largest transactions in East Hawai`i.
SOURCE Hilo Brokers, Ltd