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Location: Laupahoehoe, Hawaii
The Skinny: Nestled at the base of a lush jungle canyon with views of the Pacific and private access to a rocky beach, this 20-acre compound is dotted with just a single tiny cottage. Painted bright red, the 484-square-foot hut might be small, but it occupies an enviable and private location down a long drive from the highway. The substantial acreage lies on the unspoiled and remote northeast coast of the Big Island, with a stream running through the property, "whales, dolphins, and turtles play just off shore," and fishing and diving are both close at hand. Given the diminutive existing structure, which does include a two-car garage beneath the living space, the $2.5M price is based nearly entirely on the desirable acreage.
· Oceanfront Maulua Halei [Sotheby's International Realty]