Home for Sale at 34-1480 HONOMAINOA RD, PAPAALOA, HI 96780

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34-1480 Honomainoa Rd
Papaaloa, HI 96780

Juniper Adler with eXp Realty, original listing - (866) 549-8527

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Property Details

List Price:	$2,200,000
Beds:	3
Baths:	Full: 2, ½: 1
Status:	Active
SqFt:	1360 Square Feet
Agency:	eXp Realty
Agency Phone:	(866) 549-8527

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	100 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	2008
Notes:	Off-Grid Paradise in Ninole, Hawaii with Ocean Views, Water Falls and Untamed Beauty. Welcome to an extraordinary opportunity for the adventurous spirit and nature enthusiast. This one of a kind 100 acre property on the Hamakua Coast of the Big Island offers unparalleled combination of rugged beauty, self sustainability, and extreme privacy. If you ever imagined escaping to a hidden sanctuary, surrounded by pristine waterfalls and breathtaking ocean views, this property is for you. Reaching this property is a journey in itself, requiring a sturdy, elevated 4 wheel drive vehicle and a passion for navigating the road less traveled. Perfect for those who value solitude and exclusivity.<br /> A charming 3 bedroom, 2 bathroom home sits amidst 10 acres of manicured grounds adorned with vibrant tropical flowers, fruit trees and ornamental plants. From your lanai, take in a jaw dropping 180 view of the Pacific Ocean. Streams, waterfalls and gulches carve through the property , creating a dynamic landscape that as mesmerizing as its untamed. This is nature in its purest form. Of the 100 acres, about 60 acres remain rugged and cost prohibited for development, ensuring the land retains its wild and untouched charm. The property's remoteness makes it deal for those seeking off grid living and a closer connection to nature. Harness the potential for solar energy, rain water catchment and sustainable farming. Nestled in the high hills, this property is a true sanctuary where you can disconnect from the world while being surrounded by natures beauty. While all information provided is deemed reliable, buyers and representation to confirm.
MlsNumber:	--
ListingId:	717788

Listing Provided By:	eXp Realty, original listing
Phone:	(808) 443-4016
Office Phone:	(866) 549-8527
Agent Name:	Juniper Adler
Disclaimer:	Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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