BIG ISLAND (HawaiiNewsNow) - A breathtaking, oceanfront mega-mansion on the Big Island is back on the market and it can be yours for $8.2 million.
The 9-plus acre "Waterfalling Estate" was originally listed in 2014 for $26.5 million.
According to records, Charles Floyd Anderson and Sharon Ann Anderson of Kansas City, Mo., purchased the estate at an auction in March of 2014 for $5,750,000.
"At $8.2 million, this estate is now priced below its appraised value", said Kelly H. Moran, principal broker of Hilo Brokers Ltd, adding "for a trophy property, this is a flat-out bargain."
According to Moran, the current owners had a professional appraisal performed shortly after purchasing the property, and have decided to sell the estate in order to be closer to their grandchildren in Missouri. "They're very rooted in family," he explained, adding, "the owner requested a price reduction to help facilitate a sale... they have decided to stay close to home."
The property sits on a cliff along the
. It is 10,942 square feet with five bedrooms and five bathrooms and was built in 2011.
Some of the home's most notable features include:
- Olympic sized salt water infinity pool
- 450 seat tennis & basketball stadium
- 9 hole golf pitch and putt
- Two story waterslide, sauna and kiddie pool
- Paved running track
- Rooftop helipad with three landing pads
- Three-story elevator
- Guest quarters with private bath and dining facilities
To view photos of the mansion on a mobile device click here -
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