'Magnum P.I.' House -- Be a Baller Like Tom Selleck ... $15 Million Hawaiian Pad for Sale

The Hawaiian estate where "Magnum PI" peeled out his red Ferrari and squabbled with Higgins ... is now on the market for just over $15 million -- Ferrari not included.

The oceanfront spread on Oahu covers 3 acres ... with a 8,921 sq. ft mansion that includes 5 bedrooms and 5 baths. Bonus property: a boat house, tennis courts, and a separate bath house.

The home was the setting for Robin's Nest -- a private club and guest house where Tom Selleck's character lived for all 9 seasons of the show.

The $15,750,000 asking price also gets you access to that awesome lagoon where Magnum went swimming.

Now here's the greatest Hawaiian private detective theme song of all time ...