28-595 Kaupakuea Homestead Rd, Pepeekeo, HI 96783

Priced BELOW assessed value, Seller is offering this property at $725,000 with a cash offer and $750,000 with a loan. Welcome to a truly one-of-a-kind property nestled in the rolling green hills above Hilo on Kaupakuea Homestead Road. This rare 20-acre parcel offers the perfect blend of privacy, accessibility, and agricultural potential—ideal for those looking to live the country lifestyle without sacrificing convenience. Located just off a fully paved county-maintained road, this expansive estate features county water and overhead electricity already in place. The land is partially fenced, with multiple cross-fenced sections and gated entries throughout the property, making it ideal for grazing, livestock rotation, or a horse setup. A rustic cabin provides a cozy shelter or potential base while you develop your dream home or ag operation. The land is dotted with historic Porta corpus trees, adding timeless beauty, privacy and character to this already stunning parcel. Additional highlights include: Part of an HOA with low annual dues of $400 Utility and roadway easements in place Gently rolling terrain with excellent sun exposure Peaceful, pastoral setting with easy access to Hilo, schools, and services Properties like this rarely come available in such a prime location. With infrastructure in place, ag zoning, and the space to bring your vision to life, this 20-acre agricultural gem is ready for your plans—whether that’s farming, ranching, or simply enjoying Big Island country living at its best.