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$3,249,000
30 Beds 15 Baths 732420 MLS ['Fee Simple'] Tenure
Fantastic Turnkey Multifamily INCOME Property in Hilo Opportunity Zone. An exceptional investment opportunity located near downtown Hilo. This professionally managed 15-unit apartment building features 15 onsite parking stalls and consists entirely of 2-bedroom, 1-bathroom units (approx. 660 sq. ft. each, totaling 9,900 sq. ft. of living area). Tenants enjoy ocean views from the second and third-floor walkways and a newly installed on-site laundry facility. The building has undergone extensive, high-quality capital improvements. All 15 units boast fully remodeled interiors with brand-new flooring, fresh paint, and completely updated bathrooms. The modernized kitchens include new cabinetry, quartz countertops, new refrigerators, stove hoods, and individual water heaters. Major structural and systemic upgrades provide immediate peace of mind for the new owner. All exterior walkways and stairways have been completely rebuilt. Crucial plumbing updates include a newly replaced main sewer line to the County road and new under-slab main floor sewer lines. Located in a highly desirable Opportunity Zone, this turnkey asset is perfectly positioned for a seamless transition. NDA required to review financials.

256 Kapiolani St, HILO

Listing courtesy of Sherrill A Erickson dba HALE 414.

$2,200,000
8 Beds 6 Baths 732665 MLS ['Fee Simple'] Tenure
One of the largest and most prominent historic estates on Hawaiʻi Island is being offered for sale for only the second time in history. With views of the longest undeveloped shoreline of the state, and minutes from Hawaii Volcanoes National Park and Punalu'u Black Sand Beach. The Pāhala Plantation Manager’s Residence stands as a legacy property in the heart of Pāhala, offering over 5,700 sf of turnkey, interior living space, complemented by nearly 1,100 sf of covered three-sided veranda. Two parcels totaling over 16.5 acres of land surround the estate, which also includes detached caretaker’s quarters and 4-car carport, providing both scale and flexibility for a range of uses. Originally designed to host, lead, and gather, the home retains its architectural integrity with soaring 11-foot ceilings, rich ʻōhiʻa wood floors, and generously proportioned rooms. The layout is both functional and impressive featuring seven large bedrooms, a library, formal dining room, a butler’s pantry/tea room, expansive kitchen, grand foyer/reception, and a central great room anchored by a fireplace. Four and a half bathrooms with extensive built-in storage support both residential comfort and large-scale entertaining. For those with vision, this is more than a historic residence, it is an opportunity. Positioned in a region experiencing renewed momentum through coffee and macadamia agriculture, the property is well-suited for a range of ventures: a boutique hospitality concept, private retreat, executive compound, or a curated destination that integrates local agriculture, tastings, and community engagement. The expansive veranda naturally lends itself to open-air dining or events, while the scale of the home supports hosting, education, religious and cultural programming. Properties of this caliber where history, land, and commercial potential align rarely come to market. This is an opportunity to steward a significant piece of Kaʻū’s heritage while shaping its next chapter.

96-3209 Maile St, PAHALA

Listing courtesy of Corcoran Pacific Properties.

$14,950,000
6 Beds 7 Baths 728147 MLS ['Fee Simple'] Tenure
All year round sunset views! Hapuna Estates at Mauna Kea Resort Lot 13 offers expansive Pacific Ocean views, Hualalai view to the south, Maui to the north and the 8th green and fairway views of the Hapuna Arnold Palmer Golf Course! Designed and developed by the trusted team of Paul Bleck and Brown Development, this estate residence features 6BR 6.5BATH, pool & spa, spacious great room and a gourmet kitchen, totaling approximately 6,414 sf of livable area on 0.81 acres in the prestigious Hapuna Estates subdivision inside of the Hapuna Resort gate. The home is offered furnished, perfect for both personal enjoyment and as a short-term vacation rental. With a Club at Mauna Kea membership, you will gain access to the resort’s world-class amenities in both Mauna Kea Beach Hotel and Westin Hapuna Beach, including two golf courses, tennis courts, pristine beaches, fitness centers, gourmet restaurants, and more. Enjoy the convenience of charging privileges and take advantage of discounts on various services. Mauna Kea Beach Hotel has just completed $240-million renovation. Additionally, the Hapuna Estates Association membership grants you access to the private amenity center, featuring a half-Olympic-sized pool, a 130-foot water slide, BBQ areas, a gym, and an orchard and garden. Some of the features include, but not limited to: * All year round sunset views * Pool & spa overlooking a golf hole and the Pacific Ocean and mountain views * Luxury Wolf, Subzero and Bosch appliances in the kitchen * Wolf Outdoor BBQ Grill * Refrigerator and a sink in the guest quarter for your guest's convenience * Maytag front-load washer & dryer * Each suite has its own outdoor shower * Offered turnkey * STVR allowed and more... To be completed in July, 2027

62-4408 Amaui Nani Pl, KAMUELA

Listing courtesy of Hapuna Realty.

$749,000
8 Beds 6 Baths 732721 MLS ['Fee Simple'] Tenure
Rare Hawaii Island opportunity: two separate 4-bedroom, 3-bath residences on one full acre, offering a combined total of 8 bedrooms and 6 bathrooms. This distinctive two-home property provides substantial space, separation between residences, and flexibility for a variety of ownership and living arrangements. Each residence offers its own 4-bedroom, 3-bath layout, creating options for long-term rental consideration, shared ownership, extended guests, work-from-home needs, hobbies, or simply additional room to spread out. Buyers seeking a Hawaiʻi Island investment property, a multi-home property, or a home with added living space will appreciate the versatility of having two substantial residences on the same parcel. The one-acre lot provides room to enjoy the outdoor setting and consider future improvements that complement the property. Potential ideas may include landscaped areas, gardens, covered parking, garage or carport space, outdoor gathering areas, a pool, recreation space, or other improvements tailored to an owner’s plans. Buyer shall independently investigate all development possibilities, permits, utilities, setbacks, property boundaries, and intended uses with appropriate professionals and government agencies. Opportunities to purchase two separate homes on one acre on the Big Island of Hawaii are uncommon. Whether your priority is additional space, a long-term rental strategy, shared living arrangements, or a property that can evolve with changing needs, this offering delivers a compelling combination of acreage, two residences, and future potential. Make a strategic move and explore the possibilities this unique Hawaii Island property offers.

15-1521 11th Ave, KEAAU

Listing courtesy of eXp Realty.

$899,000
6 Beds 5 Baths 733014 MLS ['Fee Simple'] Tenure
MOTIVATED SELLER | Rare Mixed-Use Investment Opportunity Exceptional property offering dual income potential in Keaukaha's Warehouse Lots subdivision. Upper level features a 4-bedroom, 1.5-bath home (approx. 1,824 sqft). Lower level includes 8 separate storage/closet areas, a studio with kitchenette, and an additional room (approx. 1,107 sqft total). Attached commercial warehouse with auto repair shop setup: front bay approx. 2,775 sqft, second-level warehouse space approx. 920 sqft, and covered rear lanai. Total property offers 6,600+ sqft of covered area. Unique offering. Seller may include tools and equipment. Perfect for investor, owner-operator, or multi-use vision. Verify all material facts; square footage may vary from county records.

77 Silva St, HILO

Listing courtesy of Real Broker.

$649,000
7 Beds 4 Baths 732542 MLS ['Fee Simple'] Tenure
DON’T MISS YOUR CHANCE to own this incredible TURN-KEY off-grid estate in Orchidland Estates! With most furniture included, two separate homes, over 3,000 sq. ft. of living space, and 3 beautifully manicured acres, this one-of-a-kind property offers an incredible combination of privacy, flexibility, and income potential. Need even more space? The adjoining lightly wooded 3-acre parcel is also available for $115,000 (MLS #729329), creating a rare opportunity to own a total of 6 acres in Lava Zone 3 and Flood Zone X. This fully fenced estate features a total of 7 bedrooms and 4 bathrooms across two separate homes, along with three catchment systems. The spacious two-story main residence offers 5 bedrooms and 3 full bathrooms with an inviting open-concept layout centered around a cozy fireplace. Multiple covered lanais provide plenty of space for relaxing and entertaining, while the indoor laundry room, abundant storage, and attached two-car garage add everyday convenience. Five bedrooms in total with one bedroom featuring a private exterior entrance, creating excellent flexibility for guests, multigenerational living, home offices, or rental opportunities. The detached 2-bedroom, 1-bath guest cottage feels like a retreat of its own, complete with a full kitchen, living room, laundry area, private patio, and its own gated entrance—perfect for extended family, visitors, or additional income potential & has a newly installed electrical panel! Step outside and enjoy your own tropical paradise filled with mature native and fruit-bearing trees, including ʻōhiʻa, coconut, ti leaf, banana, mango, avocado, citrus, and more. Additional highlights include two storage containers totaling approximately 320 sq. ft., an impressive 934 sq. ft. multi-room workshop, and a beautiful rock wall with a gated entrance that adds privacy and curb appeal. Previously a successful Airbnb, this rare cash-only property is ideal as your next investment.

16-642 Keala St, KEAAU

Listing courtesy of eXp Realty.

$675,000
6 Beds 4 Baths 732909 MLS ['Fee Simple'] Tenure
Enjoy space and versatility on three acres in Orchid Land Estates. This three-level residence provides approximately 2,688 square feet with five bedrooms, four bathrooms and an additional bonus room. The primary portion of the home contains four bedrooms and three bathrooms. The lower level offers a separate bedroom, bonus room, bathroom and kitchen, creating a flexible arrangement for visiting guests, extended living, working from home or pursuing hobbies. County records reflect five bedrooms; buyers are encouraged to verify all property information and permitted uses. Fresh paint, and additional improvements have given the home a refreshed appearance. Generous windows bring daylight into the living spaces, and multiple lanais provide places to relax while taking in the surrounding greenery and elevated outlook. The three-acre agricultural parcel provides room for gardens, fruit trees, outdoor recreation and future projects. Paved access extends all the way to the property, making the drive more convenient than many locations within the subdivision. The sellers have also appreciated their neighbors and the positive sense of community surrounding the property. Located within reach of Orchidland’s local businesses, Highway 130, Keaʻau, Pāhoa and Hilo, this property combines acreage, adaptable living spaces and convenient road access in an East Hawai‘i setting.

16-1611 40th Ave, KURTISTOWN

Listing courtesy of RE/MAX Properties.

$2,300,000
7 Beds 6 Baths 728586 MLS ['Fee Simple'] Tenure
Tucked behind a winding, tropical foliage-lined driveway in the lush Volcano outback of Ohia Estates, this extraordinary 5-acre property offers privacy, flexibility, and the legacy of a former hosted bed & breakfast. The main residence features 4 bedrooms and 3 baths, plus an attached 1-bedroom with its own bath. Across the driveway, a charming two-story, 1-bedroom, 1-bath green cottage formerly served as the hosted B&B and is now a long-term rental. Two additional 1-bedroom, 1-bath units—affectionately known as “the Twins”—share a spacious patio. “Alan’s House,” originally a greenhouse once used as a breakfast lanai where B&B guests gathered for their morning meal, has evolved into another versatile space and is well-suited for a caretaker. Meandering driveways and pathways wind through tropical landscaping, open pasture, gardens, and gathering spaces. A peaceful pond anchors the grounds, with bungalow-style shelters nearby offering possibilities for glamping or other creative uses. Three substantial poly greenhouses shelter an eclectic collection of spaces, including growing areas, a sauna, Turkish bath, upper garden and lower barn areas, pond room, shared kitchen, and covered gathering areas. A fire pit, outdoor kitchen, and open-air living area create inviting spaces to gather, relax, and enjoy the natural surroundings. Pastures are currently shared with a resident cow, chickens, and ducks (great eggs!), adding to the property’s distinctive country character. An additional 15,500-square-foot parcel is included and provides egress. Whether envisioned as a multi-generational retreat, income-producing property, agricultural haven, or a return to its B&B roots—subject to buyer verification and required approvals—this remarkable multi-dwelling property offers a canvas for creating something truly special on Hawaii Island.

11-3733 Alaohia St, VOLCANO

Listing courtesy of eXp Realty.

$3,995,000
27 Beds 13 Baths 732866 MLS ['Fee Simple'] Tenure
This multi-unit property, located off Papalina Road in a desirable Kalaheo neighborhood on the southwest side of Kauai, presents a unique opportunity to acquire an R4/Form-Based Code-zoned 1.61-acre parcel. The property consists of 10 free-standing dwellings of varying ages, conditions, and sizes. It offers strong potential for ongoing income generation, redevelopment, renovation, CPR (Condominium Property Regime) conversion, and the possible addition of more dwellings. The parcel consists of approximately 70,303 square feet, with moderate sloped topography and approximately 467 feet of road frontage, providing excellent access and flexibility for site planning and future development. Important Notes for Prospective Buyers: - If you drive by the property, DRIVE SLOWLY - 5 mph. Do not enter the property or disturb the tenants. - No showings will be allowed until a bona fide offer is conditionally accepted. Additional information is available. - All tenants are in long-term leases. - Commercial lending is available through various resources. Some of the Trust's beneficiaries live on the property and have a right of first refusal to purchase the property.

2521 Texeira Lp, KALAHEO

Listing courtesy of Ohana Homes LLC.

$2,500,000
8 Beds 6 Baths 732390 MLS ['Fee Simple'] Tenure Aloha Acres BLDG.
Secluded Tropical Oasis with Ocean Horizon Views Discover a private island retreat set on 1.89 acres of lush tropical grounds, featuring two buildings with a total of 8 bedrooms and 6 bathrooms, offering flexible living arrangements and multiple-use possibilities. The Cape Cod-inspired main residence welcomes you with expansive ocean horizon views, warm cedar craftsmanship, and soaring 24-foot ceilings that create an impressive yet inviting living space. A custom cedar fireplace with a carved hibiscus mantel adds character and charm, while French doors open to a spacious deck that seamlessly connects indoor and outdoor living. The gourmet kitchen features a rounded marble bar counter, generous cabinetry, and ample space for entertaining. Thoughtfully designed bedrooms provide comfort and privacy, with two offering ocean views. The primary suite includes a spa-like bath with a jetted tub and skylight. A versatile additional room can serve as a guest room, office, formal dining room, or media space. Outside, an expansive Ipe deck provides the perfect setting for sunset gatherings, al fresco dining, or relaxing by the fire pit under the stars. The property is surrounded by mature trees for exceptional privacy, with a long driveway leading to nearly two acres of mostly level land and mature fruit trees. A rare opportunity offering generous square footage, privacy, ocean views, and flexible living space in a beautiful tropical setting. Photos were taken prior to tenants moving in.

6201-B Kawaiihau Rd Unit B, KAPAA

Listing courtesy of RE/MAX Kauai - Princeville Office.

$13,950,000
6 Beds 8 Baths 732509 MLS ['Fee Simple'] Tenure
Lilio Lana I Ka Wai - The Home of the Water Lilies - Where a rare combination of sweeping ocean views, privacy, exceptional design, complete renovation, immediate move-in readiness and iconic resort amenities come together. Perched above the 5th fairway of the legendary Mauna Kea Golf Course, this contemporary estate commands uninterrupted views of the ocean, sunsets, coastline, and the mountains of Mauna Kea, Mauna Loa, Hualālai and the Kohala’s. Completely reimagined in 2025/26, the residence is presented as a fully remodeled luxury estate. Every element has been thoughtfully redesigned — sophisticated contemporary finishes, state-of-the-art systems, and a beautifully curated designer furnishings package — for a home that feels timeless and effortlessly modern. With no rooftops to break the panorama, the residence offers over 5,000 square feet of interior living space and nearly 2,000 square feet of covered lanai. Set at the end of a private cul-de-sac within the exclusive Fairways at Mauna Kea North, the nearly 30,000-square-foot homesite occupies one of the most sought-after locations in the community. Six spacious en suite bedrooms, generous gathering spaces, a media room, an office, resort-style pool and spa, and multiple entertaining areas embrace Hawaiʻi's indoor-outdoor way of life and offer exceptional comfort and flexibility for family, friends, and multi-generational guests. Owners may apply for membership in The Club at Mauna Kea, providing access to the newly remodeled Mauna Kea Beach Hotel and The Westin Hapuna Beach Resort. Amenities include two championship golf courses, two of Hawaiʻi's most celebrated white-sand beaches, a new world-class spa, award-winning dining, fitness centers, water sports and premier tennis and pickleball.

62-3918 Lanikeha Pl, KAMUELA

Listing courtesy of KW Big Island.

$1,249,000
6 Beds 5 Baths 730393 MLS ['Fee Simple'] Tenure
TROPICAL MULTI-HOME OASIS – TWO HOMES ON 1 ACRE IN HILO Discover a rare opportunity to own a beautifully maintained one-acre tropical oasis featuring two separate homes, offering exceptional flexibility for multi-generational living, extended family, guests, a private retreat, or potential rental use. The main residence is a stunning 2-story, 4-bedroom, 3-bath home with 2,603 sq. ft. of living space. Vaulted ceilings, skylights, and abundant windows fill the home with natural light. Beautiful koa cabinetry and quality wood craftsmanship add warmth and character throughout, while the chef's kitchen is perfect for gathering and entertaining. Lanais on both levels create wonderful indoor-outdoor living spaces. The second residence offers 2 bedrooms, 2 baths, and 1,224 sq. ft., featuring vaulted ceilings, spacious bedrooms, natural light, and lanais. Together, the two homes provide approximately 3,827 sq. ft. of living space. The grounds are a true tropical treasure, meticulously maintained with 30+ mature, fruit-producing trees, including lychee, mangosteen, mango, and much more. Enjoy privacy, beauty, and the abundance of growing your own tropical fruit. Additional features include a storage building with electric, complete fencing, and an automatic gate for added privacy and security. PROPERTY HIGHLIGHTS • 1 Acre • 2 Separate Homes • 6 Bedrooms | 5 Bathrooms • Approx. 3,827 Sq. Ft. Combined • Main Home: 4 BD / 3 BA / 2,603 Sq. Ft. • Second Home: 2 BD / 2 BA / 1,224 Sq. Ft. • Vaulted Ceilings & Skylights • Chef's Kitchen & Koa Cabinetry • Beautiful Wood Craftsmanship • Multiple Lanais • Abundant Natural Light • 30+ Fruit-Producing Trees • Lychee, Mangosteen, Avocado & More • Paid off solar system!! • Completely Fenced • Automatic Gate Two homes. One acre. Great location. Endless possibilities.

446 Ainalako Rd, HILO

Listing courtesy of Coldwell Banker Island Properties - Kamuela.

$1,200,000
6 Beds 3 Baths 732085 MLS ['Fee Simple'] Tenure
Permitted multi-unit opportunity in a convenient location close to Kailua-Kona, Ellison Onizuka Kona International Airport, and Waikoloa. This legal duplex offers exceptional flexibility for investors or owner-occupants, featuring two electric meters, separate washer and dryer hookups, generous locked storage for each unit, and ample on-site parking. The exterior was recently painted, and the roof was replaced approximately 2005-2006. Both units are spacious and offer excellent privacy. The upstairs unit is accessed via newly constructed stairs and a covered porch landing. It features 3 bedrooms, 2 bathrooms, a large covered lanai with ocean and coastline views, and a kitchen appointed with beautiful custom African mahogany cabinetry and a Sub-Zero refrigerator. The primary suite includes a walk-in closet, ensuite bathroom, and direct access to the lanai, which spans nearly the entire length of the home. The downstairs unit is accessed through the covered carport and offers 3 bedrooms, 1 bathroom, a spacious living area, and a functional layout ideal for long-term tenants, multi-generational living, or guests. Sliding doors open to a private backyard patio with a concrete lanai, creating an inviting outdoor living space. The spacious yard features a mature avocado tree and offers plenty of room for gardening, entertaining, grilling, a dog run, or creating your own outdoor oasis. The front and rear yards are separately fenced, providing added privacy and flexibility, while attractive rock walls border much of the property. Seller holds an inactive Hawaii real estate license.

73-1145 Loloa Dr, KAILUA KONA

Listing courtesy of Livingston Realty.

$1,499,500
6 Beds 4 Baths 732456 MLS ['Fee Simple'] Tenure
Multiple living spaces, ocean views, major improvements already completed, and the ability to generate income, this beautiful property is a must see! Whether you're looking for an investment, a multi-generational home, or a home that can offset your monthly housing costs, this checks every box. Currently operating as an income-producing rental, the property is set up as three separate living spaces with a total of 6 beds and 4 baths. • UNIT A | UPPER LEVEL: 3 bedrooms, 2 bathrooms, spacious living area, full kitchen, and dedicated laundry room. Ocean views can be enjoyed from the living room and all three bedrooms. The primary bedroom includes its own private bathroom. • UNIT B | LOWER LEVEL: 2 bedrooms, 1 bathroom, full kitchen, and separate living room. • UNIT C | LOWER LEVEL: 1 bedroom, 1 bathroom, kitchenette, and separate living room. The property also includes a second laundry room and a 2-car garage, providing additional storage and convenience. The sellers have invested significantly in the property, including a brand-new roof and conversion from a cesspool to a fully permitted 1,250-gallon septic system. Other improvements include new vinyl windows, remodeled kitchens and bathrooms, updated cabinetry and countertops, new LVP flooring, upgraded electrical, an added laundry room, seamless gutters, fencing, exterior paint, paver walkways, landscaping, custom window treatments, and more. For an investor, three living spaces create multiple sources of rental income from one property. For an owner-occupant, live in one and rent the others to help offset ownership costs. For extended family, the separate kitchens, living rooms, bedrooms, and bathrooms provide the ability to live together while maintaining privacy. With the major improvements already completed and multiple ways to use the property, 75-5777 Milena Place offers an opportunity that's hard to duplicate, just minutes from downtown Kailua-Kona.

75-5777 Milena Pl, KAILUA KONA

Listing courtesy of eXp Realty.

$250,000
6 Beds 5 Baths 731797 MLS ['Fee Simple'] Tenure
Welcome to your own off-grid retreat in Kalapana, Conveniently located near the entrance of the subdivision, this unique property offers exceptional flexibility for multi-generational living, investment, or owner occupancy. On clear evenings, enjoy the rare glow of Halemaʻumaʻu from Hawaiʻi Volcanoes National Park. The property features two separate structures totaling approximately 6 bedrooms & 5 bathrooms. The front guest dwelling offers TWO PRIVATE BEDROOM SUITES, each with its own bathroom and private entrance, ideal for long-term rentals, short-term vacation rentals, or guest accommodations. The lower level of the main home includes a full kitchen, living area, TWO BEDROOMS, and a full bathroom, creating another self-contained living space. Upstairs features the primary suite, two bathrooms, a kitchen, and an expansive lanai showcasing panoramic ocean views, Third Level w/ 1 bed. INCREDIBLE INCOME POTENTIAL! With FOUR PRIVATE BEDROOMS that can function independently between the guest dwelling and the main home's lower level, While you live upstairs, this property offers endless possibilities. Rent the rooms individually, operate as long-term or short-term rentals (where permitted), or explore a hostel-style concept. Several successful hostels already operate within the subdivision, making this an exciting opportunity for investors or owner-occupants looking to generate supplemental income while enjoying the upper level as a private residence. The seller has previously operated the property as a successful short-term vacation rental. Designed for sustainable island living, the property includes an off-grid solar photovoltaic system with 16 solar panels, a wind turbine, backup generator, two 5,000-gallon catchment tanks, two cesspools, a greenhouse/workshop, outdoor entertaining areas, vaulted ceilings, custom wood accents, and lush tropical landscaping filled with ornamental plants, fruits, & vegetables. Seller financing available!

12-5455 Ala Lokelani, PAHOA

Listing courtesy of eXp Realty.

$1,849,000
6 Beds 5 Baths 732089 MLS ['Fee Simple'] Tenure
Make sure to watch the walkthrough video. This is a home shaped around the way people actually live. On just over an acre in lower Holualoa, it offers a six-bedroom layout, including an ohana, with multiple spaces for family, work and time together. The landscaped yard and mature trees give the property a grounded, peaceful feel, with ocean views from above. Each living area opens toward the yard and connects through a covered breezeway, creating an inviting entrance. The intentional design gives every space its own identity while keeping the property open and connected. Inside, wood details, vaulted ceilings and large windows give the home plenty of character. Every room seems to invite you to sit down and hang out for a while. Across the yard, a newly built office looks into the trees, creating a peaceful place to work or get away without feeling disconnected from home. The second two-story living area includes a fully permitted one-bedroom ohana upstairs, with a bedroom, full bath and kitchenette, plus an office/bonus room and another bath downstairs. It gives family, guests or older kids independence while remaining part of the home. Multiple lanais offer space for grilling, outdoor seating and gathering. A hot tub sits near the main lanai, while the upper level opens to an ocean view above the treetops. It's clear people have spent real time together here and taken good care of what they have. There is room for family to grow, friends to gather, work to get done and everyone to find a space of their own. * Six-bedroom layout, 3 full baths, 2 half baths * 2,754 sq. ft. on 1.04 landscaped acres * Two living areas, new separate office and three-car garage * Quality appliances, cathedral ceilings, wood beams and gas fireplace * Multiple lanais, outdoor seating, hot tub and upper-level ocean view * 27 net-metered PV panels, solar hot water, and central vacuum * Synthetic slate roof

75-798-C Hiona St, HOLUALOA

Listing courtesy of COMPASS.

$5,688,000
24 Beds 24 Baths 732045 MLS ['Fee Simple'] Tenure City View BLDG.
This exceptional property offers 24 fully renovated apartment units — twenty-one 2-bedroom and three 3-bedroom units — in the heart of Hilo. The building underwent a comprehensive $952,000 gut renovation in 2025, inside every unit, including new luxury vinyl plank flooring, new high-end cabinets, granite countertops, sinks and faucets, all new stainless steel refrigerators, stoves and range hoods, updated bathrooms with new vanities and lighting, new ceiling fans in all bedrooms and living rooms, and fresh interior paint throughout. The property is 100% leased with professional management in place and includes 28 on-site parking stalls. Located in downtown Hilo — the county seat and regional hub for UH Hilo, healthcare, and government employment — supporting deep, stable rental demand. A recent condo conversion at a comparable Hilo building validates an embedded condo-conversion exit as additional upside. This is a trophy, renovated asset in a submarket where fully stabilized investment properties are rarely available for sale and is truly "turnkey" for a buyer. 5.5% cap rate on stabilized income!

230 Kapiolani St, HILO

Listing courtesy of Coldwell Banker Realty.

$978,000
8 Beds 6 Baths 731963 MLS ['Fee Simple'] Tenure
This property has two (2) beautifully remodeled homes on upper Kynnersley Road in Kapaau all set against expansive ocean and lush tropical forest views. Both homes have four bedrooms and two plus baths and have been thoughtfully renovated from the ground up, featuring new flooring, updated kitchens with modern appliances, new cabinetry, refreshed bathrooms with new tub and shower enclosures, updated toilets, interior and exterior paint, doors, mostly new windows, hot water on demand systems, new washers and dryers and plenty of parking. There is a workshop with bathroom and storage shed on the property. Large carports, 2 newly inspected cesspools and easy landscaping. Priced below current appraisal and easy to show

54-2378 Kynnersley Rd, KAPAAU

Listing courtesy of Hawaii Luxury Real Estate.

$1,899,000
8 Beds 5 Baths 731048 MLS ['Fee Simple'] Tenure
This estate features two separate residences thoughtfully configured to offer up to four individual rental opportunities, or the flexibility to live in one and rent the other three—an ideal setup for multigenerational living, long-term rentals, guest accommodations, or investment income. Whether you're searching for a private family compound, an income-producing investment, or a combination of both, this remarkable estate delivers exceptional versatility in one of the Big Island's most desirable communities. Main Residence: Upper Level: Features a charming country kitchen, a dining area, and a light-filled great room anchored by a cozy fireplace. Three bedrooms, two full baths, and an indoor laundry room complete this level. The expansive lanai offers stunning ocean and coastline views through the tree canopy. Lower Level: A spacious two-bedroom/one-bathroom layout with a large enclosed lanai and dedicated laundry room. Adjacent is a large studio with a private entrance that can be easily adjoined or utilized as a separate living area. A cleared, level area below the main house is perfectly primed for a greenhouse, detached garage, or workshop. Permitted Farm Dwelling: Tucked away privately on the lower portion of the fenced acreage, this ~950 sq. ft. home boasts soaring open-beam ceilings with skylights, a generous great room, a full kitchen, two bedrooms, laundry, and a bath. Relax and unwind on the additional 200 sq. ft. screened, L-shaped lanai. Both dwellings have been recently painted and feature dedicated septic systems. This property offers the best of island living—just minutes from the art galleries, cafes, and charm of Holualoa town, and a short drive to downtown Kailua-Kona for shopping, dining, and essential services. With 15-20 minute access to some of the Big Island's most beautiful beaches, snorkeling spots, and surf breaks.

75-5259 Mamalahoa Highway, HOLUALOA

Listing courtesy of eXp Realty.

$1,950,000
9 Beds 4 Baths 731841 MLS ['Fee Simple'] Tenure
This towering plantation-era residence features old Hawaiʻi lodge-style architecture and an incredible location near Hilo’s most popular shoreline recreation areas. Built in 1934, the property is a highly sought-after hosted vacation rental, with an impressive track record of both income and occupancy. Positioned on a 31,500+ square foot parcel, the nine-bedroom / four-bath residence offers 6,500+ square feet of usable area and a sense of scale rarely found in Hawaiʻi. The heart of the home is an immense two-story great room, featuring soaring pitched ceilings, warm wood walls, arched openings, and a grand staircase that creates an immediate sense of arrival. Generous gathering areas, screened lanais, and flexible guest accommodations support a variety of uses, from continued hospitality operations to a one-of-a-kind private residence. Features - 9 bedrooms / 4 baths - 6,500+ sqft under roof - 31,523 sqft lot - RS-15 zoning - Plantation-era Hawaiian lodge architecture, built in 1934 - Close proximity to oceanfront parks and beach access - Soaring two-story great room with grand dual staircase - Large kitchen and generous dining area - Flexible guest accommodations across multiple levels - Screened lanais for indoor/outdoor living -Fully dedicated caretaker quarters - Tropical landscaping and private setting - High-performing, high-occupancy vacation rental Built nearly a century ago, the home's current square footage estimates do not match county tax or permit records and may contain discrepancies. Buyers and agents to perform their own due diligence. Please do not disturb occupants. Financials available upon request with signed NDA.

1896 Kalanianaole St, HILO

Listing courtesy of COMPASS.

$22,500,000
7 Beds 6 Baths 731606 MLS ['Fee Simple'] Tenure
Five standalone beach cottages on three legal parcels, totaling roughly 60,000 square feet and more than 200 linear feet of direct golden-sand frontage on Kauaʻi’s North Shore. Each cottage is a complete house, single-story and at grade, with its own deck, kitchen, living room, and private entrance. Three are one-bedroom units of approximately 700 square feet. Two are two-bedroom villas, the larger of which sits on its own adjacent parcel at 4414 Oneone Road with two full baths, a 400-square-foot covered lanai, and dedicated off-street parking. All five were fully renovated in 2025, with new systems, kitchens, baths, and finishes throughout, plus three new aerobic septic systems. Additionally, all five have transient vacation rental licenses allowing for short term rental use. The compound fronts Baby Beach, where the reef keeps the water calm and swimmable through most of the year. More than fifty mature coconut palms shade the open lawn connecting all five cottages. A detached laundry building includes two washers, two dryers, a commercial ice machine, and gear storage. Finally, the third adjacent parcel is vacant and can be improved with an additional home to complete your vision. The property can be operated as a hosted vacation rental or held entirely private. Hanalei is a short drive east. The road ends west of the property at the Nā Pali Coast.

4400 Oneone Rd, HANALEI

Listing courtesy of Hawaii Life.

$1,200,000
12 Beds 8 Baths 728314 MLS ['Fee Simple'] Tenure
Unlock the potential of this income-producing investment property featuring four single-family homes on one parcel. With three of the four homes occupied by long-term tenants, this property offers immediate rental income while providing the opportunity to add value. Built in 1990, the homes are ready for updates and improvements, making this an ideal opportunity for investors seeking a value-add asset with income potential. The vacant fourth home presents additional flexibility for renovation, a new tenant, or owner occupancy. Whether you're looking to expand your rental portfolio, generate steady cash flow, or capitalize on a unique multi-home investment, properties like this are rarely available. An ideal opportunity for both seasoned and first-time investors. Showings are by appointment only. Please do not disturb the tenants.

36-2319-A Puualaea Homestead Rd, LAUPAHOEHOE

Listing courtesy of eXp Realty.

$1,199,000
6 Beds 4 Baths 731627 MLS ['Fee Simple'] Tenure
Exceptional multi-generational living or potential investment opportunity in the heart of Waikoloa Village only one block from the school. This beautifully renovated single-story property features 6 bedrooms, 4 full bathrooms, and a spacious flex room that can easily serve as a third living area, home office, gym, media room, or guest space. The home is thoughtfully designed with very flexible living areas, making it ideal for extended family, guests, or rental income potential. The entire house has been beautifully updated with brand new kitchen cabinets, new granite and quartzite countertops, new appliances, new flooring, and fresh interior paint, creating bright, modern spaces that are move in ready. Two separate washer and dryer rooms add to the functionality of this home. Enjoy year round comfort with split AC systems throughout. Energy efficiency is enhanced with owned solar panels, solar hot water, and a Tesla Powerwall backup battery, helping keep electric costs exceptionally low. The detached 2 car garage provides ample space for parking with an additional storage room. A Tesla charging plug is available for your electric vehicle. Additional features include generous storage, mature tropical landscaping, and complete watering system for your lawn and garden. Enjoy two private outdoor spaces perfect for relaxing or entertaining, along with a spacious yard offering endless possibilities for outdoor living. Conveniently located near Waikoloa Village Golf Course, shopping, restaurants, schools, and community amenities, this home is also just 15 minutes from the Kohala Coast's world renowned beaches, luxury resorts, championship golf courses, and ocean activities. Whether you're looking for a flexible home for extended family, a property with income potential, or a beautifully updated island retreat, this exceptional property offers endless possibilities. Video link: https://player.vimeo.com/video/1207931415

68-1775 Hooko St, WAIKOLOA

Listing courtesy of KW Big Island.

$3,500,000
7 Beds 7 Baths 731810 MLS ['Fee Simple'] Tenure
Almost 9,000 square feet under roof! 1.12 acre home with a 6-8 Car Garage, 4 Car Guest Garage or studio, Guest House with 4 rentals, a Main House, and a parking lot with 4 spaces for tenants. 75-638 Makapono Place is an excellent choice for a multi generational family compound, or a owner occupant property with exceptional investment potential. This home also offers an exceptionally rare gated neighborhood with NO HOA. Seller will consider all reasonable offers. Set on more than 1 acre inside a gated neighborhood, this property brings together a spacious main home and 4 separate suites, all less than 10 minutes from Kona town. The main home offers about 2560 sq ft of comfortable living space with tall ceilings, large covered lanai, steel construction, stucco exterior, a large great room, and an updated kitchen featuring stainless appliances, Taj Mahal granite, and new dark oak cabinetry. A generous primary suite opens to a covered lanai, and the home includes multiple outdoor sitting areas that take in a small ocean view and the mild climate of roughly 800 ft elevation. Many fruit trees adorn the lot, while still leaving room for more to be enjoyed by future owners. The guest house area adds four individual 1-bedroom, 1-bath spaces, each with its own entrance, and living area. Tropical landscaping and thoughtful placement create privacy between the units while keeping everything connected by outdoor paths. A standout feature is the impressive 2232 sq ft garage, offering substantial room for vehicles, projects, or storage, plus an additional 958 sq ft garage providing even more options. Wide concrete driveways and a gated entry make access easy. County water service, a septic system, and a cesspool support the property. With its open layout, flexible spaces, and a location close to coffee shops, grocery options, dining, and shoreline access, this home offers a rare combination of space and convenience in Kailua Kona.

75-638 Makapono Pl, HOLUALOA

Listing courtesy of NextHome Paradise Realty.

$1,100,000
6 Beds 5 Baths 727983 MLS ['Fee Simple'] Tenure
Opportunities like this are few and far between. Total of three TMKS to be sold together. Set on three fully fenced acres, this property offers the kind of scale, infrastructure, and intentional stewardship that is nearly impossible to recreate at today’s prices. The land has been thoughtfully cultivated into a thriving food forest filled with mature fruit trees, ornamentals, and tropical plantings that create both privacy and abundance. Everywhere you look, the property feels established, purposeful, and alive. The main residence is a fully permitted 3-bedroom, 2-bath home, offering comfortable living surrounded by greenery and open space. Whether you’re enjoying morning coffee with the sounds of nature or harvesting from your own land, this home delivers the lifestyle so many seek on the Big Island. In addition to the main home, the property includes three separate outbuildings currently utilized as rental units. Together, they generate approximately $3,800 per month in income, creating immediate cash flow and flexibility for an owner-occupant or investor. Live in the main home and offset expenses, or continue operating the property as an income-producing compound. With three acres fully fenced, there is room for animals, expanded agriculture, additional improvements (subject to county regulations), or simply the luxury of privacy and space. Properties of this size with existing infrastructure and established landscaping are increasingly rare. This is more than just a home. It’s a working property, a lifestyle investment, and a long-term wealth-building opportunity. Big Island. Big land. Real income. Real potential.

15-1858 6th Ave, KEAAU

Listing courtesy of eXp Realty.

$1,300,000
7 Beds 4 Baths 731792 MLS ['Fee Simple'] Tenure
Four unit home with ocean views that was remodeled in 2024. Nice long term tenants. Some units are partially furnished. Lower level Studio with full kitchen 2 bedroom with full kitchen Shared laundry Main level is a 3/2 with full kitchen, laundry, 2 stall garage, and pool table Upper level is attached to the main level with interior stairs and also has exterior stairs so can be part of main unit or its own unit. Currently an independent unit with one bedroom and kitchenette. All units have lanais and ocean views. Up Kaiwiki Road so cooler than downtown Hilo. All tenants are long term and enjoy their units. Property has always been easy to find good renters. Currently grossing almost $8000/month. Whole inside was recently painted and both lower units have new kitchens and countertops.

2107 Kaiwiki Rd, HILO

Listing courtesy of Bizwala.

$2,200,000
8 Beds 4 Baths 731472 MLS ['Fee Simple'] Tenure
Rare SPA-A Opportunity in the Heart of Kapaʻa Town! Conveniently located and walkable to everything downtown Kapaʻa has to offer — this is a rare find! Zoned SPA-A, this versatile property allows for many uses including commercial business, rental income, or owner-occupied residence. Buyers and agents are encouraged to verify permitted uses with the County Ideally situated in central Kāpaʻa, you’re just steps from the beach, parks, the beloved beachside library, the scenic recreational pathway, public transit, restaurants, shops, and the popular farmers market featuring fresh produce, exotic fruits, and flowers. The property features two duplexes with two units each, for a total of four income-producing units. Each duplex has its own water meter, and each unit has its own electric meter, plus an additional meter for exterior lighting and security — 2 water meters and 5 electric meters total. All units are connected to sewer. Each Unit has full kitchen with refrigerator, stove, ceramic tile flooring, granite kitchen counters throughout. A truly unique investment opportunity in one of Kauaʻi’s most vibrant communities!

4639 Lehua St, KAPAA

Listing courtesy of RE/MAX Kauai - Princeville Office.

$7,999,999
8 Beds 8 Baths 731551 MLS ['Fee Simple'] Tenure
Set on 9.63 acres outside Hilo, this furnished 8-bedroom, 8-bath estate combines ocean views, agricultural land, handcrafted architecture, and flexible living across three levels. The custom teak residence offers 7,270 sqft of living area, 3,577 sqft of covered lanais. Currently operating as a BnB, suited for hosted accommodations, retreats, multi-generational living, or private guest use. Major 2020–2024 renovation, the home includes updated plumbing, electrical, Andersen insulated windows and sliders, new fixtures, split A/C in every bedroom and living area, and a new metal roof. Inside the home: - Split A/C in every bedroom and living area - Custom woodwork, including teak, koa, rainbow eucalyptus, monkeypod, robusta, ironwood, and silky oak - Hand-carved full-wall sculptures, live-edge details, island wood inlays, murals, and custom artwork - Granite counters, custom cabinetry. - Porcelain and stone showers, double vanities, soaking tub, and walk-in showers - Laundry room on each level - Game room Outside the home: - 3,577 sqft across 5 covered lanais - 720 sqft garage - Glass bridge over a lava-stamped koi pond - Custom rock walls and handcrafted gated entrance - Jacuzzi and surfboard-style outdoor shower - Panoramic ocean and sunrise views Farm, shop, and land features: - 2,430 sqft barn/shop and wood mill - 8 fenced paddocks, some with shelters - Mature edible landscaping including mango, citrus, lychee, guava, avocado, banana, papaya, ulu/breadfruit, starfruit, pomegranate, white pineapple, and more - A waterfall with swimming hole along the property line. - A list of plants, animals, and a full features list is available. Located minutes from Honoli‘i Beach Park. Featured on Staycation Hawaii: Building Aloha. Video Tour: https://player.vimeo.com/video/1098413866

120 Woa Rd, HILO

Listing courtesy of NextHome Paradise Realty.

$23,000,000
8 Beds 12 Baths 731346 MLS ['Fee Simple'] Tenure
A single oceanfront compound fronting Tunnels Beach, in Hāʻena on Kauaʻi’s north shore, joins two individually deeded parcels offered together as one. Nearly three acres run the full depth from Kūhiō Highway to the beach, with approximately 250 feet of beachfront. The principal residence stands at the water, circular in plan, its broad lānai and walls of glass open to the Pacific. Set back among the palms, the second is a wood plantation home beneath a terracotta-colored metal roof, offering four additional bedrooms with mountain, garden, and filtered ocean views. Open lawn runs unbroken to the beach, with mature gardens, a screened pavilion, and a tennis court. The oceanfront residence is fully renovated and in exceptional condition; both homes are fully air conditioned and carry solar and Tesla Powerwall battery storage. Together, the compound offers approximately 9,575 square feet and eight bedrooms in one of Hāʻena’s most significant oceanfront holdings. The Napali Coast, with its dramatic terrain and renowned hiking trails, is just a short drive to the “end of the road.” Hanalei’s charming town and crescent bay are approximately 15 minutes away, offering world-class dining and surf, while Princeville’s golf courses, shopping, and resort amenities are just beyond.

5-7534 Kuhio Hwy, HANALEI

Listing courtesy of Hawaii Life.

$1,550,000
6 Beds 4 Baths 731727 MLS ['Fee Simple'] Tenure Aina Pua Estates BLDG.
Rarely does a home this size come available in Wailua Rise Estates. Space, flexibility, and income potential, all under one roof. At 4,239 square feet of living space 4,996 SQFT total under roof including garage and back lanai, a sprawling 546 square foot deck with breathtaking views of the Wai'ale'ale mountain range, this 6 bedroom, 4 bathroom residence offers a floor plan that lends itself naturally to multi-generational living, extended family arrangements, or a variety of income-producing possibilities. At $383 per square foot of living area this is the least expensive renovated home dollar per square foot currently available on Kauai. With estimated replacement costs exceeding well over 2M. The layout is thoughtfully configured with three distinct living areas, a 3 bedroom/2 bath primary wing, a 2 bedroom/1 bath secondary area, and a 1 bedroom/1 bath space, each with a natural sense of separation and privacy. Two laundry rooms, one upstairs and one downstairs make daily living effortless for multi-generational households or income configurations. What you do with that flexibility is yours to explore. 20 foot vaulted ceilings with a 3rd story loft with tongue and groove walls and ceilings. Renovated over the last two years with a new Kitchen, refinished hardwood floors, gorgeous tiled in primary, 2nd and 3rd bathrooms, updated appliances, fresh interior and exterior paint, new windows, LVP installed upstairs and downstairs. and a brand new garage door. Situated on an 11,880 square foot lot with room to ADU. This home delivers sweeping mountain views and waterfall sight-lines from the primary suite. Step outside onto the expansive deck and take in one of the most iconic panoramas on the Garden Isle. All in a quiet neighborhood at the end of a Cul de sac. A five minute drive to the wailua country store for convenience. Lot large enough to accommodate an ADU, buyers to verify.

276 Aina Pua Pl Unit 1, KAPAA

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..