Home of the Week: This $25 Million Architectural Marvel Is the Crown Jewel of Costa Rica’s Peninsula PapagayoIt might look more like the rolling hills of Texas, but this 80-acre ranch property on Alulike Road within the Waiki’i Ranch is just 24 miles from’s western coast. Waiki’i Ranch is a master-planned residential community that spans more than 2,000 acres and is nestled on the western slopes of facilities with the beauty of the volcanic Hawaiian terrain.
Despite its size, the home’s main residence is quite modest and fully updated with modern finishes and fixtures. The 2,880-square-foot home has two bedrooms and three bathrooms, plus a powder room. Spread over one level, the home features a great room with vaulted ceilings. The kitchen sports a Viking gas range, double ovens, and Sub-Zero appliances; the dining area has views over the verdant land; and the living area is cozily turned toward a fireplace.
Just outside the home, a fire pit is surrounded by manicured lawns and rolling hills, and for those who prioritize health, wellness, and homegrown food, the property features an infrared sauna and cold plunge, as well as a greenhouse garden with plenty of room to grow your own kale, artichokes, tomatoes, carrots, and herbs. Equine enthusiasts will appreciate the garage/barn, three horse stalls, tack room, and feed room. There’s also an open arena for training.
“This exceptional property is nestled amid the picturesque embrace of the surrounding mountains in Hawaii,” says Carrie Nicholson, a listing agent with Hawai’i Life. “Its prime location is undoubtedly one of its greatest assets, offering a beautiful haven within an exclusive and private enclave. What truly distinguishes this property is being within the only equestrian-oriented gated community with a significant trail system for horseback riding on Hawaii Island, outside of Waimea.
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