5060 PANINI PL $880,000

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    5060 PANINI PL WAIMEA, HI 96796

    • 0.28 Acres
    • Land
    • MLS# 659455
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    Views: 43 Days On Site: 109

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    Property Details

    The pictures do not justify the stunning ocean view or the 200+ degree spectacular vistas across the rolling valleys, Waimea Canyon, historic Waimea Town below, and Infinities surf spot (Pakala Beach). Welcome the sunrise and watch the sunset as the stars get ready to shine. This offering is the first vacant rim lot available at the gateway to Waimea Canyon and Koke'e State Park in over 35 years.

    Waimea is known for its dry, sunny weather, clear night skies, and slow pace. All of this adds to the town's character and distinguishes it from other towns around the Island. On this last-of it's-kind rim-lot above Waimea, one can truly appreciate the varying shades of greens, browns, yellows, reds, and blues in the ever-changing landscape views as the sun moves across the land and into the ocean below.

    Overlooks Waimea River, Waimea Town, and Waimea Valley. You can even see the surf at Pakalas. Proximity to Waimea town, hospital, schools, parks, beaches, river, Polihale, PMRF, etc. Up the mountains are Kokee State Park and the Waimea Canyon.

    Water, electric, cable, and phone utilities are all in. In addition, there is an existing driveway and foundation/shelter/storage structure on the property. The two old photos, plot plan with topo, were for a pre-existing home (Iniki). The seller has these blueprints in addition to draft floor plans and renderings for a concept house.

    With R-4 zoning, this lot has potential for multi-unit duplex style dwelling and/or ADU and CPR. Buyer to verify with County and State agencies.

    Notice: This property has hazardous structures and borders hazardous terrain. There is a cliff, and please do not get too close. Enter at your own risk, and please be safe. Thanks

    • General Features
      • Land Tenure Fee Simple
      • Location 5060 PANINI PL
      • Subdivision WAIMEA HEIGHTS RESIDENTIAL SUBDIVISION
      • Land Area 12,136
      • Topography Other (remarks), Terraced
      • Oceanfront Parcel N
      • View Bay, Canyon, Coastline, Mountain, Ocean, Ocean Horizon, River
      • Taxes Annual $1,401
    • Property Features
      • Lot Description Land Cul de sac, Dead End, Rim Lot
      • Fence Wall None
      • Roads County, Paved
      • Solid Waste Disposal Trash County-Charge
      • Power Overhead
      • Wastewater Cesspool

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    Neighborhood

    96796 (WAIMEA) Demographics

    45 Median Age
    33 Population Density (per sq. mile)
    46% College Educated
    $57,781 Estimated Median Income
    269 Estimated Total Home Owners
    410 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,682 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    1 New On Market

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      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $880,000
        5/6/2022 3:18:35 PM Price Reduced Source: Multiple Listing Service New Value: $880,000 -20%
        3/8/2022 11:19:00 AM New in Database Source: Multiple Listing Service New Value: $1,100,000

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 6/25/2022 1:21:17 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.