This property with two architecturally unique homes on three acres in lush, historic Volcano Village is available for the first time ever. The gated estate property has two separate legally permitted homes totaling approximately 3660 square feet. The secluded main home is 2544 sqft. and sited in a Ohia forest with 3 bedrooms, 2 full bathrooms, 2 half baths, a wine cellar, library/office, a two-car garage and indoor pool/spa with an underwater treadmill; pool house is connected by a covered walkway. The main house sited for privacy from the cottage is on the back part of the parcel and includes an open beamed second floor living area and a master suite with a private covered lanai. The central open floor plan includes the kitchen, dining area, living room with fireplace, more lanai, floor to ceiling windows and a powder room. The 2/2 cottage of 1112 sqft. is charming and sits in a forest of hapuu ferns, ginger and mango with tons of glass for natural light. Included at the cottage is a detached family room, wood decking lanais, a detached artist's studio, a 'treehouse' office and covered walkways leading to the one car garage. The cottage has recently been remodeled with new full kitchen, flooring, general upgrades, paint and repairs. Both homes are heated and have full photo voltaic systems- 16 panels at the cottage and 12 panels at main homeindividual catchment tanks, and their own electric meters. There are also two greenhouses at the main house.This property offers the option of rental income or for use as a family compound to escape to historic and culturally rich Volcano Village, the Volcano National Park for hiking and exploring, weekly Farmers Market and farm to table dining experiences. The Village is also a haven to artists and colorful residents, fabulous B&Bs, bird watching, golf, rare native rainforests and botanical abundance.