Marconi Station | North Shore, Oahu, HI | Luxury Real Estate

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North Shore, Oahu, HI

Bidding Started On:

January 25, 2022 at 10:00 PM EST

SOLD | Price Confidential

Description

A jaw-dropping 838 feet of ocean frontage along Oahu’s coveted North Shore makes Marconi Station a truly rare estate. The Pacific Ocean stretches out across the horizon beyond this 28.67-acre paradise, tucked between premier destination Turtle Bay Resort and the lush James Campbell Wildlife Refuge. Peace and privacy are paramount here, with convenient access to and from Kamehameha Highway via private road. Four unique historic structures grant the estate registered historic status: the two-story 15-room Marconi Hotel, an office building, the sprawling historic Marconi Powerhouse, and two-bedroom bungalow. The historic designation of the property provides an opportunity to utilize an adaptive reuse plan. Each building will require renovation, yet they still allow for flexibility beyond the uses allowed by the property’s zoning code. Incredible privacy and an unbeatable location will make your dream estate a reality, and the designation and location also allow for the potential for a number of possible tax incentives.

Property Features

Deposit

$100,000 bidder deposit required

Total

28.67 acres | 4 parcels

Outdoor Features

838 feet of ocean frontage; Adjacent to premier Turtle Bay Resort to the west and James Campbell Wildlife Refuge to the southeast

Additional Spaces

5,398sf Marconi Hotel, two stories with fifteen rooms; 1,863sf administrative/office building; 23,027sf Marconi Powerhouse, comprising of 2.5 stories; 2,018sf manager’s residence with 2 bedrooms, 1 bathroom, kitchen, living room, and dining room

Other Amenities

Potential to acquire up to 42.87 acres of additional land; HECO 3-phase and single-phase underground electric with overhead single phase scheduled for removal; 8” water main to the property and onsite domestic well

Potential tax benefits due to registered historical site status

Location

12 minutes to Sunset Beach; 16 minutes to Waimea Bay; 55 minutes to downtown Honolulu and Airport; 65 minutes to Waikiki

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

2.5%

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.

Location

The iconic North Shore of Oahu is among Hawaii’s most coveted locales, so beloved and beautiful that available oceanfront estates are an exclusive offering. Gorgeous beaches make up eleven miles of North Shore’s 17-mile coastline. Gigantic waves and picturesque views set the stage for every activity from lounging to professional surfing. Find 30-foot waves and professional surf contests throughout the winter at Waimea Bay and Sunset Beach. Calmer waters come summer make for exceptional diving and snorkeling with colorful fish and coral in every direction. The world-famous Turtle Bay Resort boasts two renowned golf courses just next door. The estate’s other neighbors are the James Campbell Wildlife Refuge to the southwest, and the endless Pacific to the north. Nearby reserves, parks, and conservation areas wait to be explored, including picturesque Waimea Falls and Waimea Bay. Honolulu and the Daniel K. Inouye International Airport are only 45 miles away by car, making plane access a breeze.

Map

56-1089 Kamehameha Hwy, North Shore, Oahu, HI 96731

Contact

Project Manager, Auction Representative

Ivana Stevanovic

Business Developer, Auction Representative

Nick Leonard

Listing Agents

Matt Beall

Anthony Provenzano

Matt Davis

Disclaimer

Concierge Auctions, LLC (“Concierge”) is an auctioneer. Concierge’s principal address is 800 Brazos Street, Suite 220, Austin, TX 78701 and its phone number is (212) 202-2940. If required, Concierge (or its representative) is registered, licensed and/or bonded in the state where the property to be auctioned is located. Our registration, licenses and bond information for Hawaii is: Concierge International Real Estate, Inc. (#RB-23427); 500 Ala Moana Blvd. Suite 7-400 (Suite 464) Honolulu, HI 96813, Telephone: (212) 202-2940, Real Estate Broker: Tony R Young, [License #RB-23428]. This property is listed for sale by Matt Beall (RB-17738) of Hawaii Life Real Estate Brokers; 5-4280 Kuhio Hwy, Suite G-203 Princeville, HI 96722; 808.896.9749, (“Listing Agent”), and Anthony Provenzano (RB-22101) and Matt Davis (#01758818) of Chaney Brooks & Company LLC; 1440 Kapiolani Blvd, Suite 1010, Honolulu, HI, 96814; (808) 544-1600, (“Listing Agent”). While Concierge (in certain jurisdictions) and certain Concierge 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, neither Concierge 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, 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’s bidder terms and conditions.