Hamakua Coast, Big Island, HI, US

The Royal Palms Estate | 34-144 Kaihuiki Road, Hamakua Coast, Big Island, Hawaii | Luxury Real Estate | Concierge Auctions

Hamakua Coast, Big Island, HI

Bidding Starts On:

April 30, 2024 at 4:00 PM EDT

Bidding Closes On:

May 10, 2024 at 7:00 PM EDT

How to Bid

Currently Listed for $3.95M | No Reserve | Starting Bids Expected Between $1.5M-$2.75M

Description

This gorgeous, contemporary resort-style residence is surrounded by lush tropical landscaping and overlooks Hawaii’s Hamakua Coast. From the moment you enter the gated front drive lined with towering palm trees, this property is a tranquil retreat. Sunlight streams through the abundant windows, and high ceilings provide an airy feel to the home. The spacious kitchen has a large island and breakfast bar. The open dining area has room for a dining table and plenty of seating. A theater-style TV area is the perfect place to unwind in the evening. The primary bedroom has a double-walk-in shower and plenty of room. Of course, you can’t overlook the beautiful infinity-edge pool and spa with a waterfall feature. Mix up a drink at the outside wet bar and enjoy the sunset from the lanai, where the ocean breezes and spectacular views are unmatched. Property and opportunity details provided by seller or others; buyer to verify.

Property Features

Total

3,760 sqft | 5 bedrooms, 5 full baths, 1 half bath | 12.84 acres

Architectural Features

Contemporary style home with concrete and stone; 9ft ceilings; lots of windows

Interior Features

Open living plan; stone floor; granite countertops; wood cabinetry

Outdoor Features

Infinity edge pool and spa with waterfall and rock features; outdoor poolside wet bar; spacious outdoor lanai/sitting area

Additional Spaces

Media/tv room; outdoor patio

Location

5 minutes from Papaaloa center; 30 minutes from Hilo town center; 35 minutes from Hilo International Airport; 45 minutes from Waimea-Kohala Airport, 75 minutes from Kona International Airport

Auction

Property and opportunity details provided by seller or others; buyer to verify. Concierge may also, in its discretion, offer additional incentives to one or more pre-auction bidders, including but not limited to guarantees and purchase terms that differ from the Purchase and Sale Contract.

Deposit

Deposit | $100,000 bidder deposit required

Location

Located on the east side of The Big Island, the Hamakua Coast is a quiet stretch of lush coastline with unparalleled ocean views. Just fifteen minutes away you can see some of the Big Island’s most striking waterfalls at Akaka Falls State Park. Drive half an hour into Hilo, featuring centuries-old wooden storefronts, restaurants and cultural sites, explore museums or wander through the thirty acres of Japanese-style fish ponds, pagodas, and rock gardens of Liliʻuokalani Gardens. Cruise the northern route 45 minutes into Waimea, taking a quick detour to gaze over the incredible Waipio Valley lookout, on your way to enjoy what Robb Report named as one of the top 10 towns in the country. With its Paniolo history, farm-to-table restaurants and exclusive boutique shopping, Waimea is an eclectic mix of casual yet sophisticated. Where a thriving arts community meets international astronomical organizations and mingles with tech billionaires, celebrities and centuries-old legacy families at the Saturday farmer's market, held on the grounds of one of the two world-class private schools that all call Waimea home. Spend your days exploring all that the Big Island offers and your evenings in peaceful Ninole - your perfect paradise.

Fees & Commissions

Buyer's Premium

12%

Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.

Co-Broker Commission

A commission/fee will be paid by the Seller, according to the terms of the Listing Agreement, to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property.

Starting Bid Incentive

If you are the high bidder, Concierge offers a Starting Bid Incentive, a credit to reduce the Buyer's Premium by 50% related to the Starting Bid Amount, encouraging buyers to submit a starting bid prior to the start of the auction. All Starting Bids are binding and subject to being received by the deadline.

Showings

Sat and Sun from 1:00 PM - 4:00 PM HST and by appointment

Map

The Royal Palms Estate | 34-144 Kaihuiki Road, Hamakua Coast, Big Island, HI 96780

Diligence Documents

Bidder Registration

Concierge Auctions Starting Bid and Agent Registration.pdf

Concierge Auctions Universal Bidder Terms and Conditions.pdf

Purchase Contract

(Final Approved) 2024-04-16 Rider 34-144 Kaihuiki Rd, Papaaloa HI (v6).pdf

(Final Approved)2024-04-09 Purchase Contract 34-144 Kaihuiki Rd, Papaaloa HI (v3) (1).pdf

Property Disclosures

Seller's Real Property Disclosure Statement - 34-144 Kaihuiki Rd, Papaaloa, HI.pdf

Receipt of Seller's Real Property Disclosure Statement - 34-144 Kaihuiki Rd, Papaaloa, HI.pdf

Disclosures - 34-144 Kaihuiki Rd, Papaaloa, HI.pdf

Disclosure Regarding Broker Compensation - 34-144 Kaihuiki Rd, Papaaloa, HI.pdf

Title Commitment

Preliminary Title Report - 34-144 Kaihuiki Rd, Papaaloa, HI.pdf

Miscellaneous

Inspection Report - 34-144 Kaihuiki Rd, Papaaloa, HI 96780.pdf

Survey - 34-144 Kaihuiki Rd, Papaaloa, HI 96780.pdf

Rental Figures - 34-144 Kaihuiki Rd, Papaaloa, HI 96780.pdf

Updated (3.28.24) Exclusions & Inclusion List – 34-144 Kaihuiki Rd.pdf

Signed contracts for Caretaker and the Grounds Keeper (1).zip

Contact

Project Manager, Auction Representative

Giovanni Brigola

Business Developers, Auction Representatives

Jack Hoyt

Austin Schneider

Listing Agent

Katie Minkus

Disclaimer

Concierge Auctions, LLC, (“Concierge Auctions”) is an auctioneer. Concierge Auctions’ principal address is 228 Park Avenue South, Suite 70835, New York, NY 10003, and its phone number is (212) 202-2940. If required, Concierge Auctions (or its representative) is registered, licensed and/or bonded in the U.S. state where the property to be auctioned is located. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, Real Estate Brokerage License #RB-23427, 500 Ala Moana Blvd. Suite 7-400 (Suite 464) Honolulu, HI 96813, Telephone: (212) 202-2940. Tony R Young, Broker, License #RB-23428. This property is listed for sale by Real Broker, LLC, Broker, License #RB-23337, 2176 Lauwiliwili St. #1, Kapolei, HI 96707, 808-650-5145, Katie Minkus, License #RB-19559, (“Listing Agent”). Concierge Auctions (in certain jurisdictions) and certain Concierge Auctions subsidiaries, employees, and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, however, neither Concierge Auctions nor its agents, employees, and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Concierge Auctions, the Listing Agent, the seller of the property and their respective agents, employees, and affiliates do not represent, warrant, or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements, and materials. This is not meant as a solicitation for listings or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Concierge Auctions bidder terms and conditions.